Automate supplier risk scoring, contract extraction, and vendor benchmarking using AI. Make smarter procurement decisions faster.
Procurement, Supply Chain, and Finance leaders who manage vendor relationships and need to make faster, data-driven sourcing decisions. Essential for companies with complex supplier networks or high contract volumes.
50–70%
Faster vendor evaluation and contract review
5–15%
Annual procurement spend through better vendor selection
100%
All suppliers scored and monitored for risk factors
80% faster
Automated extraction vs. manual review
AI-powered risk assessment based on financial data, compliance history, and performance metrics
Automated extraction of key terms, pricing, SLAs, and risk clauses from contracts
Compare vendors on price, quality, risk, and performance metrics
Streamlined processes for vendor onboarding, evaluation, and ongoing monitoring
AI-identified opportunities for consolidation, renegotiation, and optimization
Gather supplier data, contracts, performance history, and compliance records. We integrate with your procurement systems and data sources.
Extract contract terms, score supplier risk, benchmark vendors, and identify opportunities. AI processes documents and data automatically.
Provide risk scores, contract summaries, vendor comparisons, and actionable recommendations. Deploy dashboards and workflows for ongoing use.
2–4 weeks
Depending on number of suppliers and contract volume
6–12 hours
Total stakeholder time for setup and validation
$15,000–$40,000
Based on supplier count, contract volume, and complexity
Vendor risk score
Sourcing cycle time
Cost savings %
Contract processing time
Supplier compliance rate
Vendor performance score
Contract term accuracy
Due diligence completion time
Risk detection rate
Cost per supplier evaluation
Vendor diversity metrics
Contract renewal rate
Risk: AI misclassifies supplier risk, leading to poor sourcing decisions.
Safeguard: Human review of high-risk classifications, validation against historical data, continuous model improvement, and transparency in scoring methodology.
Risk: Critical contract terms missed or mis-extracted, causing legal or financial issues.
Safeguard: Human validation of extracted terms, confidence scoring, exception handling for complex clauses, and legal review for critical contracts.
Challenge: 300+ suppliers with manual risk assessment taking 2–3 weeks per vendor. Contract review backlog of 6 months.
Solution: Deployed AI risk scoring and contract extraction for all suppliers. Automated due diligence workflows and vendor benchmarking.
Impact: 70% faster sourcing cycles, $2M annual cost savings identified, 100% supplier risk visibility, reduced contract review time by 80%.
Challenge: Hundreds of vendor contracts with inconsistent terms. No systematic way to compare vendors or identify savings.
Solution: Extracted and analyzed all contract terms, created vendor benchmarking dashboard, identified consolidation opportunities.
Impact: 60% faster vendor evaluation, 12% cost savings through consolidation, improved contract compliance, better vendor relationships.
AI extraction achieves 85–95% accuracy on standard contract terms. Critical clauses are flagged for human review. For complex or non-standard contracts, we recommend human validation. The system learns from corrections to improve over time.
We use financial data (credit reports, financial statements), compliance records (regulatory violations, certifications), performance history (delivery, quality), and news/social signals. We can integrate with your internal data sources as well.
Yes. We integrate with major procurement platforms (Coupa, Ariba, Jaggaer), ERPs, and contract management systems via APIs. We can also work with file-based exports if API integration isn't available.
We use encryption, secure data transmission, access controls, and can deploy on-premise or in your cloud environment. Contract data is handled with strict confidentiality protocols. We sign NDAs and can meet specific security requirements.
Book a 20-minute fit call to discuss your procurement challenges and see if AI-powered due diligence is right for you.
Last updated: November 2025