Which version is this answer based on?
Open the document behind a result. It should be the relevant signed agreement or amendment. A similarly named draft in the same folder can contain very different terms.
Practical contract guide
Advanced contract analytics: when one clause doesn’t tell the whole story
Your supplier agreement caps liability at a year’s fees. A separate clause makes an exception, and a later amendment changes it again. Which wording applies? This is where advanced contract analytics needs to do more than extract a number.
Follow the contract through its amendments
A search for “liability” can find the right paragraph and still leave you with the wrong answer. The cap may have exceptions. An order form may override the main agreement. A signed amendment may replace wording that appears in every earlier draft.
For this guide, advanced analysis means answering questions across those connected documents. It should show how the documents affect one another and point you to the wording behind the answer. That matters when you ask a question such as: “Which of our current supplier contracts could leave us liable beyond the usual cap?”
Four questions to put to a vendor
Did it keep the exceptions?
A field that says “12 months of fees” leaves out part of the answer if confidentiality or indemnity claims fall outside the cap. Ask to see the main rule and the exceptions together.
Which clauses support the answer?
You should be able to follow the result back to the actual passages. If a required schedule is missing, the result should say what cannot yet be determined.
Who can see the results and approve changes?
Try accounts with different access rights. Check what appears in searches and exports, who can correct a field, and whether you can see a record of the correction.
Fictional example
Three document sets, three different answers
Use this example to plan a demonstration. Prepare three versions of the same supplier agreement and ask which obligations could fall outside its general liability cap.
- The original agreement. It limits liability to twelve months of fees but excludes an indemnity from that limit. The result needs to show both provisions.
- The agreement with a signed amendment. The amendment changes which indemnities fall outside the cap. The answer needs to reflect that change, with a reference to the amendment.
- The agreement with a missing schedule. A clause refers to a schedule that contains additional exceptions, but the schedule is absent. The answer needs to flag the gap rather than assume what the schedule says.
Write down the expected reading of each version before the demo. Then compare the answer, the quoted passages and any missing information. This is an exercise you can use; we haven’t run it against the vendors below.
Look closely at the wrong answers
A dashboard showing twenty flagged contracts is only helpful if those are the right twenty. Count agreements that should have appeared but didn’t, as well as agreements included by mistake. Finding every document is not much help if your team must read them all again.
Also try a correction. If a reviewer fixes a wrongly extracted notice period, does the next report use that correction? Can another colleague see who changed it and why? These small steps tell you what maintaining the data will involve after setup.
Agree what a successful test looks like before buying. A handful of examples can expose problems, but it cannot establish performance across every type of contract your business holds.
Products to investigate
Icertis Analyze covers questions and insights across contracts and other data sources. Its platform separates review, contract operations and analytics. Ask which modules would answer your question and how linked documents are handled.
IntelAgree lists contract search, reporting, playbook deviations and obligation tracking within its contract management product. Use the amendment example above to see how those features work together.
Both deserve a closer look when you need to work across a collection of contracts. Their product descriptions alone do not tell you whether either will pass your test.
When a single-contract review is enough
If someone has sent you an agreement to sign, you may simply need to understand its terms and prepare changes. AnyContract.ai reviews an uploaded agreement and produces findings, suggested wording, a PDF report and Word files. It does not search a company-wide contract collection or monitor future obligations. See how online review works.
Common questions
Does a high accuracy score tell me enough?
Ask what was measured. Extracting dates, finding risky clauses and suggesting a useful edit are different tasks. You need to know the documents tested and which mistakes counted toward the score.
What should we keep after a trial?
Keep the test documents, expected answers, results and unresolved problems. Include the work needed to fix errors, connect systems and assign responsibility for the data.
Sources and product details
Working through one agreement?
See how AnyContract.ai explains individual findings and suggests changes in a complete sample report.
One review costs $29, or you can use an existing credit. The sample report is free to view.
View and download reports on your phone or computer.
AI can miss issues or suggest unsuitable wording. Check important findings against your full agreement and the applicable law before signing.