Contracts and Renewals

Upload and parse contracts

Upload vendor contracts as PDF, DOCX, or image files directly to a vendor profile. SKOOR's AI reads the contract and extracts key terms: effective date, expiration date, pricing, payment terms, auto-renewal clauses, termination conditions, and SLA commitments. Extracted terms are stored as structured data on the vendor record.

Renewal tracking

SKOOR maintains a contract calendar showing all upcoming renewals. You receive alerts at 90 days, 60 days, and 30 days before renewal. For contracts with auto-renewal clauses, SKOOR calculates the cancellation deadline and alerts you before it passes. Never get locked into an unwanted renewal again.

Contract history

When a contract is renewed or replaced, the previous version is archived but remains accessible. SKOOR shows a timeline of all contract versions for each vendor, making it easy to see how terms have changed over time. This history is valuable during vendor negotiations and audits.

AI-powered insights

For deeper contract analysis, see AI Contract Summary. The SKOOR AI agent compares your contract terms against industry benchmarks and flags unfavorable clauses. Contract data feeds into your Business Health Score: active, well-managed contracts are a positive signal for Pillar 3.