Features · Supplier Contract Management
Supplier Contract Management
Draft vendor contracts from a structured clause library. When suppliers send their own paper, AI parses every clause, scores the risk, and flags exactly what needs fixing, before procurement spends an hour reading it.
For contracts you initiate, your team fills a guided form: vendor name, contract type, jurisdiction, payment terms, liability preference. Round Infinity selects the right clause variant from the pre-approved library and generates a clean draft. No template editing. Every clause decision is structured and captured.
When a supplier sends their own paper, upload it. The system parses it into individual clauses, compares each one against your standard positions, and scores every clause 🔴 High / 🟠 Medium / 🟢 Low with the reason and recommended fix. Missing clauses are flagged. One click replaces a risky clause with the approved standard. Legal reviews exceptions, not the whole document.
Form-Driven Vendor Contract Generation
Collect supplier, contract, jurisdiction, commercial, liability, and payment details, then generate the agreement from approved clause variants.
Template Library & Pre-Approved Clause Bank
Legal maintains clause variants for every position: liability (limited / uncapped), termination (for convenience / for cause), payment (30 / 60 / 90 days), indemnity, confidentiality.
External Contract Upload & Clause Extraction
When a supplier sends their own paper, upload it. The system parses the document into individual clauses (liability, termination, payment, indemnity, IP) and classifies each one.
AI Contract Risk Engine
Compare supplier clauses with approved positions, score deviations, explain the exposure, and recommend the authorised fallback wording for review.
One-Click Clause Fix & Deviation Audit Trail
For every flagged clause, the pre-approved standard is surfaced alongside the supplier's text. One click replaces it.
Approval Workflows & E-Signature
Contracts on approved clause positions route straight to e-signature. Approval steps trigger for high-value contracts, clause deviations, or supplier paper. SLA timers escalate unresponsive approvers.
Obligation Extraction & SLA Tracking
AI extracts obligations from executed contracts, including delivery milestones, SLA commitments, payment schedules, and notice periods.
Renewal Automation & Amendment Control
Renewal alerts notify contract owners at 90, 60, and 30 days before expiry. Amendments are tracked as child records against the original executed contract.
Contract Repository & Risk Analytics
All contracts (active, expired, in-draft) are stored in a searchable central repository with role-based access.