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LSG is excited to announce the launch of QuarkAI, an innovative AI tool that marks a significant advancement in our AI/ML technology suite. QuarkAI is designed to streamline and enhance the accuracy of data review processes, saving time and resources while improving financial outcomes.
QuarkAI stands out by leveraging BERT natural language processing-based libraries, making it context-sensitive rather than generative. This unique capability allows QuarkAI to understand and process information in a more precise and relevant manner.
QuarkAI is poised to be a game-changer and the real power lies in how QuarkAI uses contextualized language recognition to better “understand” the contents of legal bill narrative. Exhaustive testing has ensured its accuracy and security.
“With the advent of QuarkAI, we are seeing a significant reduction in the underlying cost of doing business. This breakthrough allows us to offer our clients a robust, accurate, consistent, and timely bill review service on a 'per invoice' fee basis, as an alternative to the traditional percentage of spend model," said, Gary R Markham, CEO of LSG.
“QuarkAI is not just another AI tool; it's a game-changer for companies looking to optimize their financial processes. If you're seeking to cut down on expenses without compromising on quality, QuarkAI is the answer”, Gary added.
QuarkAI is now part of key products of LSG like Bilr and Mercury ELM. This update enhances efficiency and intelligence across the platforms. LSG is also making it easier to integrate QuarkAI with many third-party applications, giving clients more flexibility and options to meet their needs.
QuarkAI will be available to all clients starting September 17th, marking a new era in cost-efficient, high-performance bill review services.
For more information about QuarkAI or to schedule a demo, Get in touch here.
About LSG
Legal Solutions Group, LSG, offers legal software and outsourcing services that helps insurers, TPAs, self-insureds and other enterprise modernize their legal operations while reducing overall legal spend. Spanning North America, UK/Europe and Asia, LSG supports a growing and diverse set of clients. To date, LSG has saved their Fortune 500 clients and is certified to the ISO 9001:2015 international standard, and also complies with SOC III, GDPR and other standards.