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Friday, April 19, 2024

K Line introduced a cloud-based AI-powered “Contract Intelligence Platform”

Kawasaki Kisen Kaisha Ltd. introduced a cloud-based AI-powered “Contract Intelligence Platform”´╝łEvisort provided by Evisort Inc. in its contract ecosystem.

K Line have invested a significant amount of effort in the management and risk control of the vast and diverse contract documents generated by global business operations.

“By utilizing Evisort, we will improve operational efficiency by centrally managing contracts in the cloud. It also works with other systems to optimize and standardize complex and fragmented end-to-end contract lifecycles, from contract creation and negotiation to approval and post-contract management including reporting. In addition, we will be able to recognize and manage contract related risks efficiently and effectively by Evisort with cutting-edge AI to enable immediate analysis of marine transportation and logistics specific contracts.

We will strengthen risk management and governance through the utilization of Evisort. At the same time, we will strive to improve corporate value through better use of digital technology and operational efficiency through company-wide BPR, as stipulated in the management plan”, K Line said in a statement.

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