PRGX CONTRACT INSIGHTS™ AI
Scale thousands of supplier contracts for millions in savings
PRGX’s purpose-built AI contract review amplifies decades of human expertise.
AI-Powered Contract Compliance, Contract Optimization, and Contract Monitoring
Generic generative AI or legal-only tools aren’t enough. To truly transform supplier contracts into a source of value, you need purpose-built AI—combined with expert oversight.
PRGX Contract Insights™ AI
Unlock hidden value in every supplier contract—securely and at scale.
Contract Insights is a proprietary contract intelligence platform that combines AI and Contract Management expertise to reduce complexity and costs.
10000
+
Centralized Contracts
5
+
Extracted Clauses
1
Opportunity Scoring Attributes
- Centralizes tens of thousands of contracts from multiple systems and validates versions for accuracy
- Extracts 105+ clause types—including cost, performance, and risk—to uncover obligations and patterns
- Reveals risks and savings opportunities at scale that manual reviews often miss
- Informs strategic contract term improvements with category-level insights and industry benchmarks to align with business goals
- Enables real-time monitoring to identify issues early and sustain savings over time
How It Works
- Centralized Uploads: Consolidates contracts from mergers, departments, and regions into one view.
- Validation & De-Duplication: Removes duplicates, outdated versions, and unsigned contracts.
- Clause Extraction & Comparison: Standardizes clauses to uncover patterns, risks, and savings opportunities.
- Table Extraction: Pulls key financial terms—labor rates, discounts, rebates—from embedded tables.
- Contract Hierarchy Mapping: Connects MSAs, addendums, and SOWs to clarify obligations per point in time of transaction.
- Automated Spend Categorization: Tags contracts by category to prioritize reviews.
- Opportunity Identification: Flags the biggest savings or compliance risks first.
Amit Dingare, Chief AI Officer, PRGX describes the Seven Steps to Saving Millions with Contract Insights.
AI doesn’t replace expertise—it amplifies it.
With Contract Insights™ AI and trained professionals, companies reduce leakage and transform contracts into profit through Contract Compliance, Contract Optimization, and Contract Monitoring.
Watch this video to see how PRGX Experts rapidly review and compare clauses with Contract Insights.
Ready to save with AI-Powered Contract Management?
Ask us how we identify your biggest supplier contract savings opportunities.
PRGX Contract Insights
How does PRGX handle data privacy and security for Contract Insights?
PRGX manages data privacy and security in-house with fully certified protocols. We hold ISO 27001 certification, are SOC 2 compliant, and achieved Hellios FSQS accreditation—reinforcing our commitment to regulated sectors like financial services and defense.
What types of clauses does Contract Insights extract?
Contract Insights automatically identifies and extracts 105+ clause types, including cost, performance, and risk terms. It also pulls key financial tables—such as pricing, discounts, and rebates—so you can analyze obligations and opportunities at scale.
How does Contract Insights prioritize opportunities?
The system uses opportunity scoring to rank contracts based on spend and commercial clauses. This ensures audit teams focus on the biggest wins first, maximizing ROI and efficiency.
Why use purpose-built AI instead of general-purpose tools?
General-purpose AI is like a Swiss Army knife—handy for many tasks, but not ideal for specialized work. Contract Insights™ is more like a precision toolset purpose-built for contract evaluation and compliance analytics. It understands commercial context, financial terms, and contract hierarchies in ways generic tools simply can’t—delivering faster, more accurate insights and bigger savings.
Can Contract Insights summarize SOWs or specs and spot out-of-scope spend?
Yes. Our Clause Summarizer feature distills complex sections—like Statements of Work or specifications—into structured summaries, making it easier to review provision requirements. It can also highlight where spend may be drifting outside contract terms.
