Xect AI is an agentic contract platform: agents extract every clause on upload, track every renewal and SLA, check every vendor invoice line by line, and draft the renegotiation before a bad contract renews itself.
Contracts live in email threads, shared drives and a renewal spreadsheet nobody opens until the invoice jumps. Xect extracts every clause on upload, tracks both your customer and vendor contracts in one schema, and puts an agent on every renewal, invoice and redline from day one.
Intake forms route every request straight to legal review, no manual hand-offs. The template library drafts the NDA, vendor agreement or service contract, and Xect sends it out for e-signature in the same flow.
The moment a contract or vendor document lands, Xect OCRs any scan and extracts party names, dates, pricing tables and obligations, while the Compliance & Risk Assessment Agent scores the vendor's security and compliance filings against your standards. Every record is instantly sortable by type, status, date and amendment.
The Strategic Renewal & Market Intelligence Agent tracks every deadline, the Invoice & Spend Reconciliation Agent checks every vendor invoice against the contract's pricing tables, and the SLA & Obligation Enforcement Agent watches live delivery data for a breach. Each one cites the exact clause and record behind its flag.
When a renewal nears, an invoice doesn't match, or a vendor submits its own paper, the matching agent drafts the response: a renegotiation strategy, a dispute email, or a redline from the First-Pass Redlining Agent with margin notes explaining each change. High-impact moves, like switching a vendor to a new pricing model, pause for your approval first.
Each agent owns one job purchasing and legal teams currently do by hand, and hands off cleanly to the next.
Catches vendor overbilling before you pay the invoice
Reads every line item on an incoming vendor invoice and cross-references it against the active contract's pricing tables, volume discounts and negotiated rates. The moment an invoice overbills by even a fraction of a cent, it drafts the dispute email and hands it to procurement for review.
Calculates the penalty the moment a vendor misses a guarantee
Continuously monitors service delivery data through your connected IT monitoring or project management tools against the SLA language in the contract, for example a 99.9% uptime guarantee or a milestone date. When a vendor breaches the commitment, it calculates the exact credit or penalty owed and files the claim.
Redlines vendor paper against your legal playbook on the first pass
When a vendor submits its own contract, this agent reviews the document against your company's predefined legal playbook. It strikes unacceptable terms like auto-renewals or uncapped liability, inserts your standard fallback clauses, and leaves margin notes explaining each change to the vendor.
Turns a 100-page SOC 2 report into a pass or fail in one pass
Ingests a vendor's security and compliance documents, from SOC 2 reports to financial statements and security questionnaires, and extracts the data that matters. It scores the vendor's risk profile against your internal standards and hands procurement a concise pass or fail summary.
Drafts the renegotiation before the renewal deadline hits
Tracks every contract deadline and, 90 days out, compares actual usage against the contracted volume and market benchmarks to draft the negotiation. Flags that you're using 40% of your licensed seats, requests a down-tier, and saves $45k, then initiates outreach for a fixed-pricing model when the case is clear.
The Invoice & Spend Reconciliation Agent cross-references every line item against the contract's pricing tables and volume discounts, then drafts the dispute the moment it finds a mismatch.
The Compliance & Risk Assessment Agent ingests the vendor's security documents, scores the risk profile against your standards, and hands procurement a pass or fail summary.
The Strategic Renewal & Market Intelligence Agent compares actual usage to contracted volume and market rates, then drafts the ask, for example a down-tier on unused seats worth $45k.
The SLA & Obligation Enforcement Agent monitors service delivery data, calculates the exact credit owed the moment a vendor misses a guarantee, and files the claim.
When the contract is favorable, Xect just tracks it. When it isn’t, the renegotiation is already drafted.
When a tower lease renews under a revenue-based rate while subscriber growth slows, the renewal agent flags the unfavorable term and drafts a fixed-rate counter before the auto-renewal date.
See the industry pageWhen a linen or maintenance vendor's invoice doesn't match the negotiated per-unit rate, the reconciliation agent catches the overbill before the property manager pays it.
See the industry pageWhen a third-party claims administrator's turnaround SLA slips, the obligation agent calculates the service credit owed under the contract and files the claim automatically.
See the industry pageWhen a lab equipment maintenance vendor submits its own contract paper, the redlining agent strikes the uncapped liability clause and inserts your standard fallback before legal opens the document.
See the industry pageOwns vendor spend, and needs every invoice checked against the negotiated rate before it goes out the door, not after.
Owns the renegotiation strategy, and needs market benchmarking and usage data pulled before the conversation starts, not scrambled together the week the contract expires.
Owns the legal playbook, and needs vendor paper checked against it on the first pass, with the reasoning behind every change already written down.
Owns visibility across customer and vendor contracts alike, and needs one schema for SLAs, pricing models and penalty clauses instead of two disconnected trackers.
Book a 30-minute demo and see Xect extract a contract's terms, catch a vendor overbilling by a cent, and draft the renegotiation, all in one flow.