Improve vendor management, reduce supplier risk
Connect contract data and optimize spend management
Ingest any contract, even third-party paper or foreign language contracts, via OCR with AI data extraction. Set notifications for key expirations and renewals, track rebates, find discount opportunities, and cancel unused services to optimize spend.
Enrich your contract data in existing systems
Improve data quality in your procure-to-pay or ERP software. Provide a single source of truth for stakeholders to access previously signed contracts, and request, negotiate, and execute new vendor contracts.
Ensure every vendor meets compliance standards
Track supplier compliance with ESG policies or governmental regulations such as data privacy controls to protect your organization’s reputation and operations.
Report on supplier obligations and cash-impacting clauses
Verify vendor commitments, SLAs, deliverables, and more to monitor supplier performance while simultaneously understanding your company’s payment commitments and termination options.
