The upgraded engine focuses on preserving the complex hierarchy and contextual relationships often lost during traditional document scanning. By generating cleaner, more structured data, the platform allows legal teams and general counsel to perform precise searches and automated extraction. This shift aims to move beyond simple storage, enabling organizations to manage specific commitments and identify trends that influence future contract negotiations.
LinkSquares Overhauls OCR Engine to Unlock Contract Data
Contracts serve as the bedrock of corporate partnerships, yet their value remains trapped in static text until digitized accurately. Boston-based LinkSquares is attempting to bridge this gap by launching a rebuilt Smart Optical Character Recognition engine, aiming to transform messy legal paperwork into reliable, machine-readable business intelligence.
"Contracts are more than documents; they are the foundation of relationships between businesses," said Andrew Leverone, Chief Product Officer at LinkSquares. The update is now integrated into the company’s broader AI platform, which currently supports over 1,200 customers including DraftKings, ProPharma, and TIME. By improving how the system interprets the nuances of legal language, the firm expects users to minimize organizational risk while accelerating contract-related workflows.
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