The Challenge
Procurement teams handle large volumes of supplier contracts filled with detailed terms, clauses, and compliance requirements. Manually reviewing these documents is time-consuming and error-prone. Important clauses on pricing, penalties, delivery schedules, and risk sharing can be overlooked, leading to higher costs and compliance risks.
The Solution with SIA
SIA reviews supplier contracts by extracting and organizing key clauses across multiple documents. It highlights variations in terms, highlights missing or inconsistent clauses, and compares supplier commitments with company policy or past agreements. Teams can quickly identify risks, evaluate alignment, and make better contracting decisions.
Impact You Can Measure
- Faster contract review cycles
- Reduced risk of missing critical clauses
- Improved compliance with internal standards and external regulations
- Stronger negotiation positions with suppliers
Real-World Example
In industrial manufacturing, a procurement team used automated contract review to compare liability and warranty clauses across multiple supplier agreements. This helped standardize terms, reduce supplier disputes, and improve negotiation outcomes.
FAQs
Yes, SIA can process large multi-page contracts. It extracts relevant clauses across the entire document, so even buried terms are surfaced.
Contracts in scanned or image form can be converted into structured text before review. Tables, annexures, and handwritten notes are also extracted where possible.
No, SIA adapts to diverse formats. It recognizes common clause structures and can flag when an expected clause is missing, even without a predefined template.
Yes, it can highlight differences between draft and final versions, amendments, or supplier-by-supplier variations. This reduces the chance of silent changes slipping through.
Uploaded data is only used for contract review and is not shared or used for training any large language models. Access can be restricted at a project or role level with RBAC.
No, it is equally valuable for periodic reviews of renewals and legacy contracts to identify risks, expired clauses, or misaligned obligations.