A Methodology and Toolkit for Deploying Contract Documents as E-contracts

Recent research in e-contracts is concerned with the development of frameworks and tools to support contracts. EREC framework is one that enables modelling and deployment of e-contracts. In this work, we have designed and developed a toolkit for contract visualization and enactment based on EREC data model. This toolkit provides appropriate services for semiautomated contract execution starting from converting a paper contract document to e-contract document, identification and extraction of various entities involved in e-contracts to workflows that enact the contract. Our econtract engine has a Pattern Recognition System, Sentence Classifier, EREC Model Component, Workflow Specification Component, and Xflow Workflow Enactment Component. Our toolkit systematically processes a domain specific paper contract documents into a deployable and executable e-contract. A dictionary is prepared by extracting common contract-Keywords from multiple related contract documents for a specific domain...

• Type: Conference
• Year: 2007
• Where: ER
• Authors: Anushree Khandekar, P. Radha Krishna, Kamalakar Karlapalem
• Keywords: Contract Documents, ER 2007, EREC Data Model, Workflow Enactment Component