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IBM 00M-653 : IBM Emptoris Strategic Supply Management Sales Mastery Test v1 Exam

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Exam Number : 00M-653
Exam Name : IBM Emptoris Strategic Supply Management Sales Mastery Test v1
Vendor Name : IBM
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abstract:

New automation technologies and workflows, most peculiarly semantic attention, natural Language Processing (NLP), and Optical character cognizance (OCR), eliminate lots of the difficulties typically linked to records mining of unstructured, text-based files. by augmenting this with visual verification and quality manage, Brightleaf solutions now offers abstracted facts at Six Sigma-level accuracy.

whereas text-primarily based files can be searched using fundamental search algorithms, extracting the relevant information from these unstructured documents has always been an arduous project. without a clear solution, the problem remains: how do you consolidate unstructured facts in a means that multiple users run entry it to run database queries and experiences?  essentially the most standard method to achieve here is methodically assessment each and every unstructured doc and the use of guide “reduce and paste” to populate the values into an Excel spreadsheet.  This has proven complex because with all the tedious, repetitive guide efforts, there's big competencies for blunders and omissions.  big abstraction projects can also require a team of individuals doing the abstraction and accordingly requiring hiring, working towards, replacing and managing the workforce. Plus, with text documents, you have got further issues with gigantic variances in each language and translation and OCR error if the original documents had been paper-based.

To remedy this, Samir Bhatia the President and CEO of Brightleaf solutions, Inc., has brought a ‘technology enabled solution’ to marketplace for felony documents that promises ninety nine.ninety nine% accuracy. it is completed through a combination of utility, individuals, and a Six Sigma technique for first-rate assessment.

“In a contract, for example, that you would be able to have expiry dates, penalty clauses, incentive services and a myriad of different terms and stipulations that frequently have a big prison or fiscal influence on your business,” pointed out Mr. Bhatia. “We developed their Semantic Intelligence/natural Language Processing engine to extract any and all critical records from contracts. The engine is personalized to each and every customer’s statistics requirements and interesting contract language by way of a finely tuned configuration manner. After the application extracts most of the vital features, their team of professional attorneys, economic, and enterprise analysts utilize their Six Sigma method to determine and fix mistakes and to get to the bottom of any ambiguity in the outcomes.  The combination of their application and a assorted step review by means of their crew supplies facts at unmatched degrees of accuracy.”

The application engine become developed at the side of Nihilent technologies restricted of Pune, India.  Mr. Minoo Dastur, President and COO of Nihilent applied sciences adds, “We were extremely delighted to have worked with Brightleaf.  Their shut alliance with Brightleaf’s prison team of workers enabled their organizations to collaborate on every point of the construction of an advanced semantic application platform. With the addition of laptop discovering algorithms, the extraction accuracy raises as extra contracts are processed, thereby decreasing the manual work required by using lawyers.”

based mostly in Brookline Massachusetts, Brightleaf serves Fortune 500 consumers worldwide presenting them perception into the phrases, provisions, and obligations throughout gigantic numbers of legal agreements.

“we have one consumer, for instance, who has over 250,000 different seller contracts,” referred to Mr. Bhatia. “we're extracting a must-have legal and monetary tips for their operational, legal, and purchasing group of workers. This simple information, important to their company became as soon as locked away in contracts, but is now structured and purchasable for analysis and reporting whenever it’s vital.

”Our technology opens new alternatives that prolong beyond usual enterprise contract administration. since it can also be used on any documents, together with MS notice, HTML, PDF and so on. or on any picture structure (TIF, JPEG, PNG, GIF and so forth.),this technology can be used on every kind of files, now not simply contracts.  They see this as a plenty better chance and future route for the business.” delivered Mr. Bhatia.

customarily, the data Brightleaf extracts is uploaded into a Contract Lifecycle management device (CLM) from companies akin to Apttus, IBM (Emptoris), Icertis, The hall enterprise, Exari, Symfact, and others.  consumers use these systems for contract centralization, time discount rates, more desirable administration reporting, can charge discount, better accountability, and possibility reduction. moreover, companies are the use of Brightleaf to discover missing or hidden income, for compliance with new and altering regulatory necessities comparable to FASB/IASB lease accounting requisites, and managing all the critical tasks captured in their contracts.

“Brightleaf’s partnership with CLM carriers gives significant advantages,” says Mr. Bhatia.  “Deploying a really constructive and comprehensive CLM gadget requires importing extracted statistics from legacy contracts.  because they work very carefully with the best-normal CLM corporations, they make that migration seamless, enormously increasing the price of each organizations’ choices.”

Brightleaf solutions, Inc., is headquartered in Brookline Massachusetts and has places of work in Gurgaon and Pune in India. For greater information go to www.brightleaf.com


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