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Energy contract authoring management with generative AI

Streamline contract review, improve accuracy, and increase efficiency with Gen AI

Contracts are an essential part of maintaining smooth business operations between people, partners, and processes. But assessing contracts for risk and ensuring compliance can get complex.

Contract review requires legal teams to enforce company guidelines, align with standard clauses, and compare previous contracts – a manual process that’s time-intensive and prone to subjectivity that deviates from company standards. Inconsistent contract authoring can lead to elevated risk, leakage, financial liabilities, and missed opportunities to negotiate smarter.

Capgemini’s contract authoring solution uses the power of generative AI (Gen AI) to help legal teams manage the contract authoring process from end to end. The solution is offered as an add-in for Microsoft Word, bringing the power of Gen AI directly into the contract workflow. 

Gen AI can improve energy contract authoring across the value chain.

  • Engineering procurement and construction contracts: Ensure proper testing, commissioning, after sales, and modernization activities.
  • Joint operating contracts: Manage joint ventures and collaboration in exploration, development, and production of oil and gas fields.
  • Drilling contracts: Review drilling directions, day rates, turnkey, payment terms, and semi-submersible and offshore clauses. 
  • Terminal use agreements: Analyze terms and conditions for LNG storage and gas unit loading.
  • Turnkey contracts: Manage end-to-end contract responsibilities, including construction, safety, compliance commissioning, and start dates.   
  • Invoicing: Monitor payment milestones in accordance with a statement of work (SOW) and/or a master services agreement (MSA) and validate incentives and penalty clauses.

Take the complexity out of contract authoring. Download our brochure to learn how Capgemini’s contract authoring tool can streamline contract review, improve accuracy, and reduce liabilities with generative AI.