AI Skill: Ingest Federal Contracts
R3 Solution: R3 Contract Management
Work Type: Tasked
Contracts people spend hours and hours doing the manual, tedious work of reviewing new Federal contracts and modifications, extracting data, and manually entering it into systems.
With the Ingest Federal Contracts AI Skill they don’t have to do that work anymore. Just upload a new contract (such as a SF33, SF 1449 or SF30) to assign the work to R3 AI. It will OCR the document if it is an image, read, extract, and organize data, create your contract or mods, enter contract details, enter all of the FAR/DFAR clauses and enter the CLINs and SLINs from the contract document. It will also document its work and keep people informed.
In less than a minute of your contract manager’s time, the work that used to take hours will be done by the R3 AI Skill. They can then Review the work, Finish it off, and push the contract into the R3 onboarding workflow.
Watch video of AI Skill at work
R3 AI Skill Work Breakdown
- Create automation task
- OCR contract document (if required)
- Read contract
- Categorize type (SF33, SF30, SF1449, OF347 etc.)
- Extract data
- Organize data
- Do validation checks
- Create contract and mod records
- Enter Contract details (page 1 form)
- Enter Clauses (FAR/DFAR/Supplemental and augment with flowdowns
- Enter CLINs and SLINs with funding data
- Document results
- Notify people
R3 AI Skills At Your Service
R3 AI can start taking over the work of your people. It works like a digital team member. It can take over manual, tedious, error-prone, distracting and repetitive work. This reduces costs and frees your people to focus on higher value work.
We do this by providing you with task specific AI Skills within your R3 solutions. Each AI Skill is trained and optimized to get a particular task done. They know GovCon and they know R3 solutions. They are super productive because they combine the intelligence of the R3 AI Platform (“the brains”) along with R3 Work Automation that does the hands-on work, including the data entry, in the R3 solution (“the hands”). Now, you can start shifting work from people to your AI.
For some AI Skills, you task it, and it goes off and gets the work done (work type “Tasked”). With others, you enable it, and it works autonomously just doing its job 24/7 (work type “Autonomous”). AI Skills are smart, efficient, security bound, consistent, always ready to work, scalable, and document the work they’ve done.
Learn more about R3 GovCon AI and its AI Skills.
AI-Powered R3 Contract Management
R3 Contract Management is the R3 business solution used by GovCon to manage Federal contracts, subcontracts and compliance. It brings together the information and the work. As R3 AI Skills begin taking over the work of contracts people, its role as your system of record is even more important. It provides the structure, GovCon standards and best practices, visibility and reporting. Our AI Skills know how to use it to do data entry and automate work. A contract management system that combines GovCon AI Skill automation with a system of record for GovCon contract management is now a reality.