Finance & Accounting

Contract Payment Tracker

AI extracts payment terms from contracts and monitors compliance

Missed Contract Payments Cost Thousands in Penalties

Finance teams manage 50-500 vendor contracts with different payment terms: monthly, quarterly, milestone-based, net-30, net-60. Payment schedules buried in 50-page MSAs get missed. Late payment penalties ($500-5,000) add up. Vendors send invoices that do not match contract terms, and AP pays them anyway. No centralized system tracks what you should be paying vs. what you are being billed.

50-500
Contracts per mid-size company
$500-5K
Late payment penalty average
20%
Invoices that do not match terms

Contract Payment Intelligence on Autopilot

AI contract analyzer that reads vendor agreements, extracts payment schedules, milestones, and penalty clauses, monitors invoice compliance against contract terms, and sends alerts before payments are due or penalties trigger--ensuring you never overpay or miss deadlines.

Upload vendor contracts (PDFs, Word docs, scanned images)

AI extracts payment terms: frequency, amount, milestones, due dates

Identifies penalty clauses, auto-renewal dates, and price escalation terms

Compares incoming invoices against contract terms

Alerts 7 days before payments due or contract renewal dates

Dashboard shows all contract obligations and payment calendar

From Contract Signature to Proactive Alerts

1

Upload Contracts

Drop new vendor agreements into system. AI reads entire contract, handles 100+ page MSAs.

2

Extract Payment Terms

Claude identifies payment schedule, milestones, penalties, renewal dates, and escalation clauses.

3

Monitor & Alert

System creates payment calendar. Sends alerts 7 days before payments due or auto-renewals trigger.

4

Invoice Validation

When vendor invoice arrives, AI checks if amount and timing match contract. Flags discrepancies.

Key Features

Milestone Tracking

For construction and consulting contracts, AI extracts milestone payment terms and tracks deliverable completion.

Renewal Alerts

Flags auto-renewal dates 30/60/90 days in advance. Prevents unwanted contract extensions.

Invoice Validation

Compares vendor invoices to contract terms. "Invoice shows $10K but contract specifies $8.5K--variance flagged."

Payment Calendar

Visual timeline shows all upcoming contract payments across vendors. Plan cash flow proactively.

Contract Monitoring Stack

Claude 3.5 Sonnet
PDF/OCR processing
Entity extraction NLP
Calendar integration
Invoice matching engine
Email alerts

Who Benefits?

Construction Companies

Track subcontractor milestone payments. Ensure payments align with work completion and contract terms.

SaaS Companies

Monitor vendor contracts for AWS, Salesforce, security tools. Avoid surprise renewals and overpayment.

Marketing Agencies

Track retainer payments and project milestones across 20+ client contracts. Bill correctly, every time.

Ready to Get Started?

Get in touch to see Contract Payment Tracker in action.