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Intelligent Contract Record
Extractforce reads the agreement, captures commercial terms, dates, pricing, obligations, owners, renewal language, and important risk signals.
Powered by Extractforce Intelligent commercial control
Make every agreement operational.
TRACforce Contract Management connects the agreement to the supplier, pricing, obligations, owners, renewals, inventory, invoices, support history, and every action required to realize the value of the deal.
One trusted source for contracts, commitments and accountable follow through.
Extractforce intelligenceObligation ownershipRenewal control
Contract Workspace
● Extractforce intelligence active
Global Managed Services Agreement
Acme Facilities Group, Contract 2026 0418
Annual value$2.4MAcross 18 locations
Renewal dateOct 3198 days remaining
Open obligations72 require action
Invoice variance$84KUnder review
Overview
Terms
Pricing
Obligations
Documents
Inventory
Invoices
Support
Commercial obligations and actions
Quarterly service reviewSupplier owner and operations lead
Scheduled
Pricing escalation validationIncrease capped at 2.5 percent
Mismatch
Location coverage confirmation18 contracted sites, 17 active
Review
Renewal decision packageFinance, procurement, category owner
In progress
Contract timeline
1
Agreement executedJanuary 15, 2026
Complete
2
Services activated18 locations and 42 service lines
Active
3
Renewal preparationBusiness case and supplier review
Upcoming
Extractforce insight: The signed agreement includes a 2.5 percent annual increase cap. The latest supplier invoice reflects a 4.1 percent increase, creating an $84,000 annual variance. A TRACforce Task has been created for review.
One connected contract workspace
The contract does not sit in a folder. It drives the operation.
Every commercial term becomes connected to the supplier relationship, the inventory being delivered, the invoices being paid, the support being provided, and the work required to protect value.
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Supplier Connection
Connect each agreement to the supplier profile, contacts, products, rate cards, billing accounts, meetings, and active performance history.
Supplier context$
Pricing and Rate Control
Store rates, fee structures, caps, discounts, index changes, and commercial conditions that should govern what the enterprise pays.
Commercial truth✓
Obligation Ownership
Assign contract obligations to accountable owners, create TRACforce Tasks, capture evidence, and verify completion.
Governed action↗
Renewal Management
Prepare renewal decisions using contract terms, usage, inventory, supplier performance, support history, invoices, and savings opportunities.
Renewal control≠
Invoice Validation
Compare billed rates, quantities, dates, and increases against the executed agreement before the expense is accepted.
Expense assuranceWhy TRACforce is different
Storage preserves the document. TRACforce protects the agreement.
The value is not simply knowing where the contract lives. The value comes from connecting its terms to daily operations and accountable work.
Shared drive or document repository
The agreement is saved and searchable, but it remains disconnected from the work.
Terms remain buried in files
No clear obligation owner
Invoices are reviewed separately
Renewals depend on calendars and memory
What the business getsA stored document with limited operational value
TRACforce Contract Management
The agreement becomes an intelligent commercial control record connected to every dependent process.
Extractforce captures terms and obligations
Owners receive accountable TRACforce Tasks
Inventory and invoices are validated against the deal
Renewal decisions use complete operational context
What the business getsCommercial terms that actively govern expense and performance
Traditional contract management
Contract dates and clauses may be tracked, but the downstream operation still lives elsewhere.
Limited connection to employee requests
Inventory and support history are separate
Supplier actions require manual follow up
Financial validation remains fragmented
What the business getsContract administration without complete expense control
Contract to Outcome
TRAC the complete commercial lifecycle.
TRACforce connects the agreement to every decision, action, service, asset, invoice, support event, and outcome that follows.
01
Understand
Extractforce identifies the terms, pricing, dates, obligations, and business context.
02
Connect
Link the agreement to suppliers, requests, products, billing accounts, sites, and inventory.
03
Assign
Turn obligations, reviews, and decisions into owned TRACforce Tasks.
04
Validate
Compare invoices, quantities, rates, and service delivery against the agreement.
05
Review
Use performance, support history, spend, and usage to prepare renewal decisions.
06
Optimize
Capture savings, corrections, renegotiations, exits, and realized commercial value.
Move Work Forward
Move every commitment forward.
Turn contract terms, obligations, renewals, rates and owners into connected work that stays visible through completion.
Capture what needs to happen and connect it to the source record.
Bring the right owners, approvers and business context into the decision.
Drive the supplier, operational or financial work required to change the outcome.
Verify what changed, preserve the evidence and update the trusted source.