Contracts should be managed as obligations, not documents
Module · Legal and Contractual
Contracts are fought over and then filed. What was promised, by whom, by when, and whether it actually happened, is the part almost nobody systematically tracks.
Prophesee Legal extracts the obligation rather than filing the document, and alerts the person who actually has to deliver it.
You negotiated the obligation. Nobody is tracking it.
Contracts are fought over and then filed. What was promised, by whom, by when, and whether it actually happened, is the part almost nobody systematically tracks. Value leaks quietly after signature.
Sources: EY Law and Harvard Law School Center on the Legal Profession, Global Contracting Study (n=1,000, 22 countries) · World Commerce and Contracting, 2026 · EY Law General Counsel study, 2025 (n=1,000).
Extract the obligation, not the document
Obligations sit inside PDF clauses. There is no structured owner, trigger, deadline or evidence field, so nothing can be tracked or alerted on.
Clauses parsed into structured obligations with owner, trigger, deadline and evidence requirement. Ask in plain language which contracts carry a given commitment.
A corporate investigation starts with identifying the right custodian, then collecting from every system quickly, defensibly and without leaking.
Renewal windows, price adjustment dates, service credits and non-standard terms are rules. Breach of any of them raises an alert to the accountable owner.
Renewal, auto-renew, price adjustment and service credit windows are tracked by hand, and WorldCC puts post-signature loss at 9.2% of contract value.
Obligation breach risk scored by counterparty, contract type and business unit, from your own delivery history.
Portfolio exposure to a supplier failure or a rate change is estimated, then argued about, because there is no model behind it.
Test a regulatory change, a supplier failure or a renegotiation across the whole portfolio before the first letter goes out.
Turning contracts into accountable actions
Obligations sit inside PDF clauses. There is no structured owner, trigger, deadline or evidence field, so nothing can be tracked or alerted on.
A corporate investigation starts with identifying the right custodian, then collecting from every system quickly, defensibly and without leaking.
Renewal, auto-renew, price adjustment and service credit windows are tracked by hand, and WorldCC puts post-signature loss at 9.2% of contract value.
A rule changes and nothing identifies the clauses and contracts it affects. 60% of general counsel cannot monitor regulatory change across jurisdictions.
Portfolio exposure to a supplier failure or a rate change is estimated, then argued about, because there is no model behind it.
16 AI applications that could be relevant
A sample of what becomes possible on the decision layer, not a fixed list: each application draws on the same data foundation and audit trail, and new ones are configured on the engines, not built from scratch.
Executed contracts parsed into obligations with owner, trigger, deadline and evidence.
Each obligation routed to the person who actually has to deliver it.
Which contracts carry this term, asked in plain language, answered with the clauses.
A rule change traced to the exact clauses and contracts it affects.
Every record of an employee or company reconciled into one identity across HR, procurement and payments.
The custodians, contracts, payments and communications for a subject pulled into one file, with privilege flagged.
An application or investigation step reconciled against local employment, privacy and works council rules first.
Renewal, auto-renew and price adjustment dates alert the owner with time to act.
Invoices, volumes and scope checked against what the contract actually says.
Which matters are heading for external counsel, and what the work would cost if it goes there.
Which counterparties are most likely to underdeliver against their obligations.
Contracts heading for dispute flagged from clause structure and live performance.
Obligation breach risk scored by counterparty, contract type and business unit, from your own delivery history.
A supplier failure or a rate change tested across the whole portfolio first.
Model a term change across the estate before the first letter goes out.
Settle, defend or escalate modelled on cost, duration and exposure before the decision is taken.
A day in a proactive legal function
Today: Obligations sit in PDFs nobody opens again after signature.
Clauses parsed into commitments, each with an owner, a trigger and a deadline.
Today: The renewal window closes before anyone notices it opened.
A price adjustment window and a service credit threshold alert to the accountable owner, not to legal.
Today: Someone searches three contract systems by hand.
Asked in plain language across every contract system, answered with the clauses themselves.
Today: Exposure is estimated, and then argued about.
A supplier failure tested across the whole portfolio before the first letter goes out.
Important obligations should never depend on memory.
Track the obligation, not the document
We agree the metric and the baseline in week one, and measure the result on your data.