Enhancing Contract Management through Natural Language Processing(NLP): A Case Study of Three African Countries

25 Jul 2023 (modified: 07 Dec 2023)DeepLearningIndaba 2023 Conference SubmissionEveryoneRevisionsBibTeX
Keywords: NLP, Contract management
Abstract: This study explores how Natural Language Processing (NLP) has transformed contract management, enabling businesses to interpret government contracts more accurately and quickly. The research involved extracting data from African public procurement portals of three African countries which are Morocco, Ghana, and Benin, and applying NLP techniques for language translation and keyword extraction. The results demonstrate the potential of NLP in transforming contract management, providing valuable information for informed decision-making, and promoting transparency and accountability with government spending. This study serves as a practical demonstration of NLP’s application in contract management and suggests future research opportunities for expanding its use in other African countries.
Submission Category: Machine learning algorithms
Submission Number: 33
Loading