SPEND · CONTRACT TERMS

ProcureAssist — Contract Terms

Extract the key commercial terms from supplier contracts — a focused terms-extractor, not a contract platform.

← All guides Zero data egress

Upload a contract PDF and the tool extracts its commercial terms with a confidence score per field, then hands each one to you to accept, correct or reject.

Stage 1 of 2 · Per contract

Upload and AI extraction

Digital PDFs use pdf.js; scanned PDFs use Tesseract. Fields are found by a regex pre-pass, then NER and an on-device LLM for the rest.

What you see

  • A PDF drop zone
  • Extraction progress per field
  • Populating field cards

What you do

  1. Drop a contract PDF
  2. Wait for parse and extraction
  3. Watch the field cards populate

What you get

  • The key commercial terms — payment terms, discount schedules, notice periods, expiry and auto-renewal dates, volume thresholds, contract value, supplier name, liability cap and governing law
  • A confidence score per field
  • Ready for your review
Stage 2 of 2 · Ongoing

Review and summary

Every extraction is yours to accept, correct or reject. Only your accepted values ship downstream.

What you see

  • A contract summary panel
  • Extracted-field cards with confidence
  • A source-passage jump for each field

What you do

  1. Review each field one at a time
  2. Correct any low-confidence extractions
  3. Click Accept per field

What you get

  • Structured contract terms stored locally
  • Fed to LiquidityAssist for early-payment ROI
  • Fed to the cross-tool alerts engine
Heads up. Scope is deliberately narrow: this extracts commercial terms only. It is not a contract lifecycle management tool — no authoring, obligation tracking or approvals.