Equinox, one of the leaders in the infrastructure and construction sector, sought to identify weaknesses and inconsistencies in its contracts. The focus of this project was to apply auditing approaches using cutting-edge technologies.

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objectives

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• Identify weaknesses and inconsistencies in infrastructure and construction contracts.
• Use advanced technologies for reading and transforming documents.
• Process and analyze large volumes of data to detect irregularities.

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Stages

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1. Initial planning: Anticipating the stages that make up the work, Vennx will carry out a planning sprint, during which interviews will be held with the sponsors to raise expectations and define the project schedule and the governance model. This stage also includes the initial meeting with stakeholders.
2. Contract analysis and evidence collection: Stage of analyzing contracts and their amendments to define the business rules that will be applied. Additionally, gather evidence to be processed to compose the databases.
3. Technological setup: Definition of the technologies that will be applied to read and transform the collected documentation. At this stage, Vennx will carry out tests to identify the most appropriate tools for the project objective.
4. Test Documentation: Once the technological configuration stage has been completed, Vennx will proceed with the processing of the results to identify the corresponding red flags, following the business rules. In addition, manual tests will be performed to identify and correct false positives. The results will be compiled in a report.

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Achieved results

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• Evaluation of 13 contracts.
• Analysis of 2600 files:

.pdf: 1674
.xlsx: 413
.jpg: 151
.xlsm: 110
.jpeg: 81
.docx: 51
.xlsb: 40
.zip: 32
.msg: 24
.doc: 18
.rar: 2
.csv: 1
.txt: 1

• Use of Artificial Intelligence and advanced data mining tools for document processing and analysis.

Vennx used its expertise in cutting-edge technology to assist Equinox in auditing its infrastructure and construction contracts. With the application of AI and advanced data mining tools, it was possible to identify weaknesses and inconsistencies, ensuring greater security and efficiency in the company's contractual processes.

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