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LSG is excited to announce the launch of Quark, an innovative AI tool that marks a significant advancement in our AI/ML technology suite. Quark is designed to streamline and enhance the accuracy of data review processes, saving time and resources while improving financial outcomes.
Quark stands out by leveraging BERT natural language processing-based libraries, making it context-sensitive rather than generative. This unique capability allows Quark to understand and process information in a more precise and relevant manner.
Quark is poised to be a game-changer and the real power lies in how Quark 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 Quark, 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.
“Quark 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, Quark is the answer”, Gary added.
Quark 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 Quark with many third-party applications, giving clients more flexibility and options to meet their needs.
Quark 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 Quark 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.