One Is Not the Loneliest Number for Alibaba
If you haven’t heard of National Singles Day, the Chinese pop culture holiday that celebrates young people proud to be single, you probably don’t—or shouldn’t—work in the retail industry. Alibaba’s 11.11 Global Shopping Festival has gradually become one of the largest online shopping days in the world - making Alibaba a master of retail localization strategy.
Omnichannel Retail: The New Norm
Consumers expect a seamless shopping experience, the best prices, and the best options in delivery. As these demands become more deliberate, the need for retailers to appeal to each consumer directly in a personalized and connected fashion grows and has become a must in the retail ecosystem.
4 Ways NLP Accelerates Contract Data Extraction
Accurate and targeted extraction of data from completed contracts is one of the main aims of any Contract Lifecycle Management platform. Unfortunately many current solutions, including Optical Character Recognition (OCR) and manual input screens require complex initial configuration as well as many resources devoted to data entry, review and/or correction. Natural Language Processing (NLP) is a te...
5 Signs Your Firm Needs to Invest in Contract Lifecycle Management
Within the past decade, focus on contract lifecycle management has become increasingly important. Due to the advent of complex financial instruments with a high dependency on nuanced financial and legal terms, many legacy contract structures run the risk of unenforceability. While firms pay considerable attention to negotiating the best terms in legal contracts, they must also focus resources o...