For Oil and Gas Sector Client: OCR & NLP for Digitization and Streamlined Workflows

Challenges

  • The client, an energy firm, wanted to be able search contracts, identify key words, and draw connections between documents.
  • The system needed to collect document data.
  • Key phrases and clauses needed to be extracted from the contract.
  • The software had to be able to read and recognize ID documentation.

Xpertnest’s Solutions

  • Xpertnest built a scraping tool to create a dataset from legal documents on the company website.
  • Software cleaned the images and documents, and annotated them for Named Entity Recognition (NER).
  • NER models were trained using annotated data and ID types for document organization.
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Value Delivered

  • Faster, more efficient document searching has generated significant savings in time and cost.
  • Document digitalization allows multiple team members to work on the same document at same time.
  • NER has reduced the risk of human errors.
  • Easy document maintenance lowers the risk of file corruption.

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