Contract Lifecycle Management · CLM

Every contract. Tracked, scored,
signed, and never forgotten.

AI-powered contract creation, clause risk scoring, obligation extraction, multi-provider eSign, ESG tagging, price escalation monitoring, and group-level portfolio intelligence — in one platform.

3 Days
Avg. Contract Approval
down from 3 weeks
85%
Less Legal Review Time
AI pre-screens every clause
Zero
Missed Obligations
AI-extracted and tracked
4
eSign Providers
DocuSign, Adobe, Dropbox, native
100%
Contract Visibility
across all entities and suppliers
ESG
Sustainability Tagging
diversity, carbon, governance

Contract chaos costs more than you think.

The average enterprise loses 9% of annual contract value to poor contract management — missed renewals, untracked obligations, unenforced price escalations, and supplier paper that was never properly reviewed.

📁
Contracts live in email and shared drives
Legal reviews supplier paper manually. Nobody tracks obligations. Renewals are missed. Nobody knows what's in the portfolio until there's a dispute.
⏱️
3-week contract approval cycle
Approval chains routed by email. Legal redlines in Word attachments. No version control. Counter-parties lose patience — and deals are lost.
💸
Price escalations never enforced
Contractual CPI and commodity index escalation clauses exist — but nobody tracks the trigger dates. Suppliers' costs go up; your prices don't.

The full contract lifecycle. Managed.

Six stages. Every step tracked, every obligation extracted, every escalation enforced.

✍️
Create
Template, scratch, or PDF import. AI drafts, suggests clauses, and scores risk as you type.
🔄
Negotiate
Supplier redlines via portal or Word. AI compares versions, tracks changes, flags deviations.
Approve
Configurable multi-level approval routing. Legal, commercial, and executive gates with SLA enforcement.
🖊️
Sign
4 eSign providers. Signatories notified, signing order enforced, completion auto-confirmed.
📋
Execute
Obligations tracked and due dates monitored. Price escalations calculated and actioned on schedule.
🔁
Renew
Expiry alerts 90/60/30 days out. Auto-renewal or AI-generated renewal RFQ with one click.

Three ways to create a contract

Template, scratch, or supplier paper — Proconomy handles all three with the same AI intelligence.

📄

From Template

Select from your organisation's approved template library. Clause variables are pre-filled, risk is pre-assessed, and approval routing fires automatically based on contract type and value.

  1. 1Select template
  2. 2Fill clause variables
  3. 3Auto-route for approval
📝

In Word or Platform Editor

Draft in the platform editor or the Microsoft Word Add-in. Insert pre-approved clauses from the clause library, receive inline AI risk scoring, and send for approval without leaving your document.

  1. 1Draft in Word or editor
  2. 2Insert approved clauses
  3. 3Submit for approval in one click
🤖

Import Supplier PDF

Upload any supplier PDF. AI extracts counterparty, dates, value, governing law, payment terms, all obligations, and clause risk flags — turning a static document into a fully managed contract record in seconds.

  1. 1Upload PDF
  2. 2AI extracts all metadata & obligations
  3. 3Review, activate, and manage
Agentic AI · Contract Intelligence

AI that reads, understands, and manages every contract

Six AI capabilities that turn a static PDF into a living, managed, risk-scored obligation.

📥

AI Contract Extraction

Upload any contract document. AI identifies and extracts counterparty name, effective date, expiry date, contract value, governing law, payment terms, notice periods, auto-renewal clauses, and all key metadata — structured and ready for management.

⚠️

Clause Risk Scoring

Every clause is scored for legal and commercial risk — on import, during authoring, and after redlines. Red-flagged clauses are highlighted with a plain-English explanation and a suggested standard alternative from your clause library.

💬

Natural Language Q&A

"What's the notice period on this contract?" "Does this agreement include auto-renewal?" "What are our liability caps?" Ask any question in plain English — answered instantly from the contract text without opening the document.

📋

Obligation Extraction & Tracking

AI reads every contract and extracts all obligations — delivery milestones, reporting requirements, payment schedules, certification renewals, and SLA commitments — creating tracked obligation records with due dates and responsible owners.

🔍

Contract Intelligence & Risk Scoring

Portfolio-level risk scoring across every contract. Contracts scored on liability cap exposure, missing standard clauses, overdue obligations, price escalation risk, and days to expiry. Critical and High risk surfaced to your legal team automatically.

📊

Price Escalation Engine

Contractual price escalation clauses are extracted, indexed, and monitored automatically. When escalation triggers fire — CPI, PPI, commodity index — the platform calculates the new price and raises the amendment for approval.

The complete CLM feature set

Everything from first draft through obligation closure — across six domains.

Creation & Authoring

  • Template library with versioning
  • Clause library with AI suggestions
  • Microsoft Word Add-in
  • Platform contract editor
  • AI-assisted first draft generation
  • Clause deviation tracking vs. standard

Approval & Signing

  • Multi-level configurable approval workflows
  • Value-based routing rules
  • DocuSign eSign
  • Adobe Sign
  • Dropbox Sign
  • Native in-platform eSign
  • Signing order enforcement
  • Delegation & proxy approvals

Lifecycle Management

  • Obligation tracking with due date alerts
  • Renewal alerts (90 / 60 / 30 days)
  • Auto-renewal detection & management
  • Price escalation clause monitoring
  • Amendment management
  • Expiry & termination tracking

Intelligence & Risk

  • AI risk scoring (Critical / High / Medium / Low)
  • Counterparty financial risk (Creditsafe)
  • ABN verification (Australia)
  • Overdue obligation alerts
  • Portfolio risk heat map
  • BI REST API for external reporting

ESG & Sustainability

  • ESG contract tagging dashboard
  • Supplier diversity tags (Women-Owned, SME, Indigenous)
  • Environmental tags (Carbon Neutral, ISO 14001, Renewable Energy)
  • Social tags (Living Wage, Modern Slavery Policy, Fair Trade)
  • Governance tags (ISO 27001, Whistleblower Policy)
  • ESG coverage % reporting

Group & Multi-Entity

  • Group contract register across all subsidiaries
  • Cross-entity obligation consolidation
  • Group-level risk dashboard
  • Entity-level contract analytics
  • Group contract renewal coordination
  • Shared clause and template libraries

Four eSign providers. One platform.

Use the eSign provider your organisation already trusts — or use Proconomy's built-in native signing with no third-party cost.

D
DocuSign
World's #1 eSign — enterprise-grade with advanced authentication, in-person signing, and bulk send.
A
Adobe Sign
Acrobat Sign integration — deeply embedded in the Adobe ecosystem with PDF-native workflows.
D
Dropbox Sign
Lightweight, API-first signing with embedded signing experience for supplier-side signatories.
N
Native eSign
Proconomy's built-in eSign — zero third-party dependency, included in every plan at no extra cost.

Value for every stakeholder

⚖️
Legal Counsel
  • AI pre-screens every contract before legal review
  • Clause risk highlighted — zero manual scanning
  • Standard clause library enforced across the portfolio
  • Full obligation audit trail for disputes
🤝
Commercial Manager
  • Contracts created from template in minutes
  • Price escalation tracked and actioned automatically
  • Counterparty financial risk surfaced before signing
  • Renewal pipeline managed without spreadsheets
🏛️
CFO / Finance
  • Total contracted spend and liability visible in one view
  • Price escalation impact calculated and flagged
  • ESG spend reporting for sustainability disclosures
  • Group-level contract analytics across all entities
🌱
Sustainability Lead
  • ESG tags across supplier and environmental categories
  • Supplier diversity coverage reporting
  • Carbon neutral and renewable energy contract tracking
  • Modern slavery and governance policy compliance

CLM connects across the full Proconomy platform

Supplier contracts link to SQM qualification status. Contract renewal triggers a new sourcing RFQ in S2P. ESG tags feed the sustainability dashboard. Everything is connected.

See CLM in action

Watch Proconomy take a supplier PDF from upload to managed contract — fields extracted, obligations tracked, risk scored, and eSign sent — in under five minutes.