Read a contract's page

Steps

1. 1

   Find the contract in the list

   Select Contracts in the left menu and scroll down to the list. Each row shows the file name with a one-line summary under it, the contract type, the processing status, the reviewer, the risk score and the time left before expiry. The amber Review tag beside the name means a person still has to look at this contract.

   • Select Contracts
2. 2

   Open the contract

   Select the row of the delivery agreement, anywhere on its file name. The contract's own page opens. At the top, beside the file name, are a bar with the risk score out of one hundred, the risk level, the processing status Complete, and the lifecycle status Active.

   • Select Barq-Line-delivery-agreement.pdf
3. 3

   Read the Key details

   Key details shows the four things you look up most often: the parties, the effective and expiry dates, the contract value, and the vendor record the counterparty is linked to. It says Not linked until you link one, which lesson 5 does.

4. 4

   Read the Contract Summary

   Document Info shows the size and length of the file. Under it, the Contract Summary says in a few lines what the agreement is, who it is between, its value, its dates, the governing law and the payment terms. Read it first to confirm the right file was uploaded.

5. 5

   Check the expiry warning

   A coloured bar appears when the contract ends within ninety days. It gives the number of days left and the expiry date. This agreement ends in under thirty days, so the bar is red.

   

6. 6

   Read the Executive Summary

   The Executive Summary is the analysis in plain words: what is weak or missing and why it matters. If an amber box headed The AI summary disagrees with the extracted fields appears under it, the summary and the extracted details contradict each other on the point listed. Check the contract and correct whichever is wrong before you rely on either.

7. 7

   Read the Risk Dimensions

   Risk Dimensions splits the score into four parts, each out of one hundred: Financial, Legal, Compliance and Operational. The highest bar shows where the contract is weakest.

8. 8

   Read the Key Risk Factors and Recommendations

   Key Risk Factors lists the reasons for the score, one per line. Recommendations lists what to change, in the same order. Use them as the agenda for your review and for the next negotiation with the counterparty.

9. 9

   Download the original file

   Scroll back to the top and select Download. The file that was uploaded is saved to your computer, unchanged. Use it whenever you need to read the exact wording.

   • Select Download
10. 10

    Know the other buttons

    The other buttons in this row are covered in later lessons. The dropdown and Re-analyze run the analysis again as a different contract type. Edit details corrects the key details by hand. Change Status records that the contract has ended. Evidence Vault, at the top right, opens the sealed record of this contract's analysis.