Michael E Goode

US Patent:

20200110800, Apr 9, 2020

Filed:

Oct 9, 2018

Appl. No.:

16/155877

Inventors:

- Armonk NY, US
Saurabh Sinha - Danbury CT, US
Vugranam Sreedhar - Yorktown Heights NY, US
Michael Shane Goode - Sandy Springs GA, US
John Jeffrey Dillon - Ontario, CA

International Classification:

G06F 17/27
G06Q 40/00
G06Q 10/06

Abstract:

A contract generation system that automatically generates cost models for new business contracts is provided. The system receives a new contract comprising a set of key-value pairs, each key-value pair comprising a question and an answer that correspond to a field of information in a document for the new contract. The system computes a similarity measure between the new contract and an existing contract based on a set of variance definitions for determining differences between the set of key-value pairs of the new contract and a corresponding set of key-value pairs of the existing contract. The system generates a cost model of the new contract based on the similarity measure and a cost model of the existing contract.