EXTRACTION AND CLASSIFICATION MODEL FOR BUSINESS EVENT FROM CONTRACTS AND TEMPORAL CONSTRAINTS IN SERVICE ENGAGEMENTS

Abstract

Contract is a self-agreed, enforceable by law and deliberate agreement between two or more competent authority and parties. Contracts are made in written but may be implied or spoken, and generally have to do with another organization, employment, sale or lease, or tenancy. We assume service engagement is a part of business events. Business events such as payments, purchase, sells, delivery etc. not only impotent processes but are also inherently temporally constrained. Analysis phase is carried out to find out business event and their temporal relationships which helps business partners to analyze what to supply and what to require from others as its participates in the service engagement specified by a contract. Contracts are always be in unstructured text and their details also described in form of unstructured text. Our proposed system through this paper is to introduce a novel approach for employing classification, parsing to extract business event and their temporal constraints from contract text. Also we organize the event terms into cluster automatically with the use of topic modeling.