Get full visibility on all your contracts.
Store, search, and report on all your contract PDFs, MS Word docs, and Google Docs. Extract and track parties, deadlines, and other key terms. Export real-time data that syncs with your ERP tools.
CASE STUDY
See how PAAY uses Concord to track deadlines and manage spend
“We can bring in PDFs and Word docs that were created and signed in any platform, and Concord pulls out the data we need with just a click.”
Melissa Hyde
Senior Sales Operations Analyst at PAAY
40% less time spent
negotiating sales contracts
THE CHALLENGE
Too many sources of truth
Contract management remains manual, with data scattered across many different platforms, spreadsheets, and cloud drives. Major pain points include:
- Lack of visibility into contracts
- Siloed contract data
- Imprecise planning
- Inaccurate forecasting
THE SOLUTION
One Agreement Intelligence platform
AI automatically extracts and centralizes all contract terms and other key metadata — in a tool so intuitive that your whole team can start using it right now. Benefits include:
- Visibility into all contracts
- Centralized contract data
- Precise planning
- Data-driven forecasting
THE RESULTS
Time and labor savings across the finance team
-20%
less time spent searching for contract terms every day
-40%
less time negotiating sales contracts
-50%
time spent tracking down agreements
Automated processes
Contracts are managed via automated workflows, all in one intuitive platform
Manual processes
Contracts have to be managed manually, across many platforms
Full visibility into contracts
The finance team can quickly search all contracts and get email updates
Limited visibility into contracts
The finance team lacks insight into contract amounts and other key terms
AI-powered data extraction
Agreement Intelligence extracts all contract terms automatically
Time-consuming data collection
Forecast data has to be entered by hand, requiring hours of labor
HOW IT WORKS
Extract key terms from contracts, with AI
Automatically capture key details — like parties, payment dates, and clauses — from PDFs and Word documents. Skip the typing and collect accurate data with just one click.
Stay ahead of renewals with automated deadline alerts
Concord sends you automated reminders of upcoming deadlines, so you can avoid unnecessary expenditures, remain within budget, and reduce your risk exposure.
Track project performance with custom reports and dashboards
Quickly export Excel and CSV reports summarizing contract terms like dates and amounts. View real-time dashboards summarizing contract volume, vendors, and costs, so you can recognize revenue and stay in compliance.
Unlock insights from all of your agreements.
Frequently asked
questions
-
What kinds of files does Concord work with?
Concord can store, track, and extract data from most common document types, including Microsoft Word and PDF contracts — whether you’ve signed them in Concord, or in Adobe Sign, PandaDoc, or any other platform. -
What data does Concord extract?
Concord’s AI currently extracts names, dates, company names, tags, and parties from agreements. We’re actively expanding the range of data we extract, which means you’ll continue to get more information out of your agreements over time, as more people on your team use Concord. -
What can I do with the data Concord extracts from my documents?
Concord can generate reports from the data it extracts, creating visualizations of your agreements’ performance. You can also export your agreement data for deeper analysis in Excel, or in your enterprise resource planning (ERP) software. We’re also actively adding more powerful AI analysis tools within Concord, to generate insights to help you optimize your organization’s financial performance.
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Is Concord’s storage truly unlimited?
Yes! Concord provides unlimited storage space for documents and attachments. You can upload contracts one by one or in bulk. -
How and when will I receive deadline alerts?
Once a week, you’ll receive an email with a list of all your upcoming contract deadlines. You can also easily view all your deadlines in the deadline report accessible from your main dashboard in Concord. -
What steps does Concord take to protect data privacy?
Concord stores all private data on secure servers, protected behind SHA-256 encryption — the same level of encryption used by your bank’s website. We undergo regular third-party audits to ensure all your data is stored in compliance with regulations like GDPR and DMCA. And we have a zero retention policy for AI-extracted data.