Review contracts faster and catch more risks
AI reviews contracts and identifies key terms, risks, and deviations
Maintain approved clause language and flag non-standard terms
Compare contract versions and track negotiated changes
Track contract renewals, expirations, and critical dates
Ensure contracts meet regulatory requirements and company policies
Manage amendments and ensure all changes are properly documented
See how AI transforms contract management
Business team needs approval on a new software vendor agreement by end of week.
"AI reviews contract: "I've completed my analysis of the SaaS agreement with CloudTech Solutions. Here are my findings: HIGH RISK: The limitation of liability caps their liability at fees paid in the last 12 months ($50,000), but our data protection policy requires minimum $1M for vendors with access to customer data. MEDIUM RISK: The termination clause only allows termination for cause with 60 days notice and cure period - no termination for convenience. Auto-renewal kicks in 60 days before expiration. DEVIATIONS: The indemnification is mutual but excludes their gross negligence. Their data security exhibit references SOC 1 compliance, but our vendor policy requires SOC 2 Type II. Recommendations: Push back on liability cap, add termination for convenience, and require SOC 2 certification. Want me to draft the redlined response?""
AI proactively alerts about upcoming lease renewal deadline.
"AI sends alert: "Contract Renewal Alert: Your office lease at 500 Market Street has a critical date approaching. The auto-renewal clause activates in 45 days unless you provide written notice of non-renewal. Current terms: 3-year renewal at current rent plus 3% annual escalation. Your options: 1) Let it auto-renew under current terms, 2) Provide notice and negotiate new terms, 3) Provide notice and relocate. Market analysis shows similar Class A space is currently 8% lower than your renewal rate. I recommend providing notice now to preserve negotiating leverage even if you intend to stay. Want me to draft the non-renewal notice and schedule a call with the landlord's representative to discuss terms?""
Preparing for audit and need to verify contract compliance across vendor agreements.
"AI performs audit: "I've completed the compliance audit across your 147 active vendor contracts. Summary: 12 contracts have expired but are still being used - these need immediate renewal or termination. 8 contracts lack required data protection addenda per your GDPR compliance program. 15 contracts have liability caps below your $500K minimum policy threshold. 23 contracts are missing current certificates of insurance. 3 high-value contracts have termination dates in the next 90 days requiring attention. I've created a remediation tracker prioritized by risk level and business impact. The data protection gaps are highest priority given potential regulatory exposure. Want me to generate the required addenda and reach out to those vendors?""