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Aavenir Atlas early access is open Contractflow on the ServiceNow Store since 2019 Runs on ServiceNow, or standalone ProcureTech100 2025/26 Pioneering Digital Solution ISO/IEC 27001:2022 certified, SOC 2 Type 2 compliant

AI contract extraction

Signed contracts in, fields you can report on out.

Aavenir AI reads PDFs, Word files and scanned copies and fills in parties, dates, values, payment terms, renewal notice and obligations. A contract manager confirms each field before it is saved.

Schedule a Demo See Extraction Step by Step

Definition

What is AI contract extraction?

AI contract extraction reads a contract and turns its key terms, like parties, dates, values, payment terms, notice periods and obligations, into structured fields, so the repository can drive renewals, reports and tasks without anyone keying it by hand.

Extraction does well on clearly worded fields. Plan for closer review on scanned copies, amendments that override earlier terms and values buried in schedules. In Aavenir, conflicts go to a person rather than a guess, and confirmed fields feed Obligationflow, renewals and reports.

  • Reads PDFs, Word files and scanned copies
  • Key terms: parties, dates, values, payment terms and notice periods
  • Obligations by category, with frequency and event trigger
  • Every field confirmed by a person before it is saved

How it works

From a folder of PDFs to a repository you can trust.

  1. Signed PDFs, Word files and scanned copies Backfill the archive instead of keying it by hand System integrator partners can run the migration into Contractflow.

  2. Counterparty, term, values, rate card and payment terms Each field links to the text it came from The contract manager confirms before saving.

  3. Insurance, payments, SLAs, termination and more Recurring and event triggered obligations told apart Reviewed before any task is created.

  4. An amendment that changes an earlier term is flagged Both clauses shown side by side The confirmed value drives renewals, reports and invoices.

Watch

See it in the product.

0:40Product video AI obligation extraction and task creation

Questions

Talk to a contract expert

Bring a few sample agreements. We will show you Aavenir AI reading them, on ServiceNow or standalone.

Schedule a Demo

What extracted fields feed

Obligationflow Extracted obligations become owned tasksLearn more AI contract search Questions answered from confirmed fieldsLearn more Contract repository Where confirmed fields are storedLearn more Invoiceflow Rates checked at invoice timeLearn more Avy, the AI assistant The agent that does the readingLearn more Aavenir Intelligence Platform Every Aavenir AI agent, by stageLearn more

Frequently asked questions (FAQ)

Common questions

Can AI extract data from scanned contracts?

Yes, Aavenir AI reads scanned copies as well as PDFs and Word files. Scans, like amendments that override earlier terms and values buried in schedules, deserve closer review, so every field is confirmed by a contract manager before it is saved. See the contract repository.

Which fields does Aavenir extract from a contract?

Parties, dates, term, contract value, rate cards, payment terms and renewal notice periods, plus obligations by category, such as insurance, payments, SLAs and termination, each with a frequency and an event trigger flag. Confirmed obligations can move straight into Obligationflow. See obligation management.

How do we bring legacy contracts into Aavenir?

Load the archive in batches and let Aavenir AI extract the fields, then confirm them by contract type. System integrator partners can run the migration of legacy contracts into Contractflow as part of an implementation. See Aavenir partners.

Have a question we have not answered? Ask the Expert

Schedule a demo

See your contracts run on one record.

  • 1 A 30 minute walkthrough Built around your team, whether that is procurement, legal, IT or finance.
  • 2 Your contracts, not ours Bring a few sample agreements and watch Aavenir AI extract and review them.
  • 3 ServiceNow or standalone We show the deployment that fits the systems you already run.

Prefer to talk first? Contact the team.