May 28, 2025 – Cortical.io, a leader in intelligent document processing, today announced its inclusion as a Representative Vendor in the Gartner Market Guide for Advanced Contract Analytics (May 2025).
The recognition comes at a pivotal time for legal departments and contract professionals. According to the 2024 Gartner Legal Budget and Efficiency Survey, only 21% of legal departments currently leverage data and metadata extraction to support legal work. With contract visibility playing a critical role in compliance, risk mitigation, and financial optimization, many organizations are prioritizing solutions that unlock insights from their contract portfolios.
Cortical.io’s SemanticPro solution—often referred to by users as the “Contract Reader”—addresses this need through meaning-based information extraction. Leveraging innovative natural language understanding technology, SemanticPro helps organizations accurately interpret and analyze complex contractual provisions, regardless of terminology or formatting.
“Among the IDP vendors we evaluated, Cortical.io stands out for its ability to accurately process complex provisions and its user-friendly, no-code interface,” said Christopher Howley, Head of Group Life & LTD Reinsurance, VP, Swiss Re America.
SemanticPro delivers key advantages:
- Meaning-based clause interpretation, agnostic of wording or terminology—for example, interpreting “You do not pay for the cost of coverage” as “100% employer-paid” when analyzing the funding method in an insurance policy.
- High accuracy (>90%) with custom models trained on as few as 100 sample documents.
- User-friendly interface for uploading, annotating, reviewing, and comparing contracts.
- Flexible deployment options in the cloud or on-premises, fully aligned with data privacy and security standards.
- Fast implementation, enabling go-live within weeks.
SemanticPro is trusted by major enterprises, helping them reduce error rates and accelerate contract review—contributing to greater operational efficiency and improved risk mitigation.
About Cortical.io
Cortical.io delivers next-generation intelligent document processing solutions based on a unique natural language understanding approach. Its flagship product, SemanticPro, enables organizations to extract, classify, and analyze complex information from documents quickly, accurately, and at scale.
