Accuracy
TBD
Speed
TBD
Sample of data set required for Contract Feedback Reconciliation Agent:
Consolidated Feedback for Contract: MSA-2024-QD-012 (InnovateCorp & Quantum Dynamics)
Source: In-line Document Comments
Document Version: v2.3 Timestamp: 2023-10-26 14:30 UTC
Comment 1:
Comment 2:
From: david.miller@quantumdynamics.com To: sarah.chen@innovatecorp.com Timestamp: 2023-10-26 16:15 UTC Subject: Re: MSA-2024-QD-012 v2.3 Review
Hi Sarah,
Two points from our side on the latest draft:
Thanks, David Miller Procurement Director, Quantum Dynamics
Log ID: FL-9984 Timestamp: 2023-10-26 10:05 UTC Entered By: Sarah Chen (Legal Counsel, InnovateCorp) Clause: Section 11.2 (Data Privacy) Comment: "This section needs a major overhaul to align with the new Global Data Protection Act (GDPA) which comes into effect next quarter. The current language is insufficient. Also need to ensure it references our new internal data handling policy CP-DATA-004. I don't have the approved final text for this yet. This requires specific legal drafting."
Sample output delivered by the Contract Feedback Reconciliation Agent:
Contract Feedback Reconciliation Report
Contract ID: MSA-2024-QD-012 (InnovateCorp & Quantum Dynamics)
Document Version: v2.3
Report Date: 2023-10-26 17:00 UTC1. Executive Summary
Feedback from 3 sources has been consolidated and analyzed. The agent has identified 2 non-conflicting revisions which have been queued for automatic application, 1 clause with conflicting feedback requiring a harmonized proposal, and 1 complex issue that has been escalated for manual legal review.
2. Automatically Applied Revisions (Non-Conflicting)
The following changes have been identified as non-conflicting and will be automatically updated in the next draft version (v2.4).
| Clause | Proposed Change | Source | Stakeholder |
|---|---|---|---|
| 2.1 (Scope of Services) | Update "standard project management methodologies" to "Agile project management methodology". | In-line Comment | Jane Foster |
| 8.1 (Term) | Change the initial contract term from "twenty-four (24) months" to "thirty-six (36) months". | Email Feedback | David Miller |
A conflict was detected in the feedback related to the Limitation of Liability clause.
Proposed Harmonized Solution: Based on an analysis of internal clause libraries and industry benchmarks for similar enterprise-level service agreements, the agent proposes the following compromise language:
"...liable for an amount greater than one and one-quarter times (1.25x) the total fees paid or payable by Client to InnovateCorp in the twelve (12) months immediately preceding the event giving rise to the claim."
Rationale: This represents a fair median between both parties' positions and aligns with common market standards, reducing negotiation friction. This proposal will be flagged for review by both parties.
The following high-complexity issue requires manual intervention and cannot be resolved automatically.
| ID | Source | Stakeholder | Clause | Feedback Summary | Agent Action |
|---|---|---|---|---|---|
| F-001 | In-line Comment | Sarah Chen | 5.3 | Increase liability cap to 1.5x annual fees. | Conflict Detected |
| F-002 | In-line Comment | Jane Foster | 2.1 | Specify "Agile" methodology. | Revision Applied |
| F-003 | Email Feedback | David Miller | 8.1 | Change term to 36 months. | Revision Applied |
| F-004 | Email Feedback | David Miller | 5.3 | Keep liability cap at 1.0x annual fees. | Conflict Detected |
| F-005 | Internal Log | Sarah Chen | 11.2 | Update for GDPA and new internal policy. | Escalated |
Automates executed contract ingestion, data extraction, metadata indexing, and synchronized updates across ERP, CRM, and compliance systems.
Generates concise contract summaries and highlights potential legal, compliance, and financial risks for faster, data-driven decisions.
Guides users through intelligent digital intake, extracting, clarifying, and validating contract requirements for accuracy and compliance.
Customizes contract summaries and explanations according to each customer's profile and feedback for targeted engagement.
Consolidates, reconciles, and automates contract revisions by resolving feedback, harmonizing conflicts, and escalating complex exceptions.
Automates triage, risk categorization, and routing of contract feedback to accelerate exception management and expert review.