AI redaction tools are designed to automatically detect and remove sensitive information from documents to ensure data privacy and security. In addition to accurate results, there are several important usability features that are crucial for a tool that will give you return on investment. Here are some key features you should look out for when...

Customers have more power than ever.  The plethora of organisations competing for business means customers have an abundance of choice, should they become dissatisfied with their current providers. And, studies show that only 1 in 26 customers complain about a bad customer experience – the majority simply leave[1]. At Imprima, we are conscious of our...

In our previous post “Should we blindly trust AI?”, we discussed the main benefit of an accurate AI tool for information extraction. And that is that it saves the user time, and not that it takes the human out of the loop. At Imprima we like to be open about how accurate AI can be....

At Imprima, we believe no one should rely wholly on AI without careful thought, regardless of its accuracy. Even the most accurate AI can’t fully see issues the way you can. Why? Simply because the AI does not have the specific context and responsibilities that you have. At the end of the day, you own whatever...

Technology deep dive (but don’t be put off if you are a non-technical person, we will keep it high-level) Last week we discussed why information extraction and automated document summaries for Due Diligence is a difficult nut to crack. This week we discuss how it can be done, with AI. But not just any AI....

Time Pressure and Error Understanding the risk or value of a company by reviewing its documentation is a time-consuming task, particularly when dealing with large volumes of documents or complex information. Time pressures can give cause to oversight. and we’ve seen this in the past with examples such as Caterpillar and Siwei (2010) in which...

Virtual Data Rooms (VDR) have transformed the way M&A takes place, providing both security and convenience to the transaction. With the now extensive capabilities VDRs offer, from document management, audit trails, detailed user permissions and Q&A functionality, to advanced reporting, and in some VDRs AI-based redaction, the VDR is an essential element of nearly all...

The deluge of data in the last decade The massive increase in data over the past decade has significantly impacted the Due Diligence process in M&A. The volume of data that companies now have related to operations, customers, financials, etc. has exploded. This means more data to collect, process, and analyse during Due Diligence. The...

AI redaction needs to be accurate (read more), automatic (read more), and easy to use. However, all these features are worthless if you can’t rely on the redaction to be securely implemented. You need to have the confidence that the people viewing the redacted documents can’t see what has been redacted, unless they are permitted....