AI Contract Data Extraction & Automation
Data Alchemy automates data extraction from your contracts: it captures supply, lease, service, NDA and commercial agreements, reads the key clauses — parties, subject, amounts, term, renewals and deadlines — and writes the structured data straight into your ERP or document management system. 99.8% accuracy, 3 seconds per document, no manual re-keying and no templates.
What contract automation is
Contract automation uses artificial intelligence to read a contract the way a lawyer would, but in seconds: it identifies the parties, subject, amounts, term, auto-renewal conditions, penalties and expiry dates, and extracts the data in structured form. Data Alchemy assigns the best LLM to each contract type — today Claude AI, which outperformed GPT, Gemma and DeepSeek in our tests — reads PDFs, scans and Word files, and returns a record ready to archive, validate and monitor. Law firms, accounting practices and legal teams stop stripping contracts by hand and review only genuine exceptions.
AI contract data extraction vs manual review
Manual review of a contract means reading dozens of pages, highlighting clauses and hand-typing deadlines and amounts into a spreadsheet or ERP: hours of skilled work and a real risk of missing an auto-renewal or a penalty. A contract data extraction software like Data Alchemy works alongside your ERP or document system and does the upstream work — it reads the contract, extracts the relevant clauses, validates the data against master data and writes it in structured form via native connector or REST API. You don't replace your management software: you eliminate the hours of manual stripping that precede it.
The automated contract, from capture to deadline tracking
Data Alchemy maps every stage of contract document handling and automates it end-to-end, turning a PDF into a structured record with clauses, amounts and deadlines ready to monitor.
1. Contract capture
The contract arrives via email, scanner or upload — PDF, scan or Word — and is captured and classified by type (supply, lease, service, NDA) with no manual step.
2. Clause reading
The AI reads the text with no templates and extracts the key clauses: contracting parties, subject, consideration, term, renewal conditions, penalties and jurisdiction.
3. Deadline and amount extraction
Start dates, notice periods, auto-renewal deadlines and amounts are extracted in structured form, ready to feed a contract deadline register.
4. Data validation
Counterparties, VAT numbers and amounts are checked in real time against ERP master data. Inconsistencies surface before archiving.
5. Write to the ERP
The contract record is written into the ERP or document system via native connector or REST API, with no manual re-keying and no copy-paste.
6. Deadline monitoring
The extracted deadlines feed the register: auto-renewals, terminations and price revisions are flagged in advance, so no clause goes unnoticed.
Everything you need to automate contracts
Template-free clause extraction
A dedicated LLM reads contracts from any counterparty and extracts parties, subject, amounts, term, renewals and penalties with no template configuration, at 99.8% accuracy.
Deadlines and auto-renewals
The AI pinpoints start dates, notice periods and termination windows, so auto-renewals and penalties no longer catch you by surprise.
Master-data validation
Counterparties, VAT numbers and amounts are validated in real time against ERP master data, keeping contract data consistent with the system of record.
Version comparison
Compare draft and signed versions or standard and negotiated clauses: relevant differences surface before signing, with no line-by-line re-reading.
Email-first acquisition
Connect Google Workspace or Microsoft 365 and the platform pulls incoming contracts, filtering out spam and queuing only the documents to process.
Pay-per-use pricing
From €0.50/document on Starter to €0.35/document on Corporate, billed on actual processed volume. No subscription, no minimum, no hidden setup fees.
The ROI of contract automation
Automating data extraction from contracts frees law firms, accountants and legal teams from manual stripping and eliminates the risk of missed deadlines. Here is the typical impact our customers measure.
data extraction accuracy, versus the errors of manual stripping
per processed contract, from capture to structured record
time spent reading and manually transcribing contracts
templates to configure: the AI reads any contract with no setup
Solutions related to contracts
Invoice data extraction
Read PDF, XML and FatturaPA invoices, extract header and line items and validate the data against ERP master data.
Learn more →IndustriesIDP for accounting firms
The solution built for practices: automate client invoices, contracts and documents by writing them into the ERP.
Learn more →ControlDocument anomaly detection
Spot missing clauses, inconsistent amounts and absent data before archiving or signing a contract.
Learn more →Finance & APAdministration automation
Post contracts, invoices and entries with no re-keying, validated against the ERP.
Learn more →Frequently asked questions about contract automation
What is AI contract data extraction?
Contract data extraction uses artificial intelligence to read a contract and return its data in structured form: contracting parties, subject, amounts, term, renewal conditions, penalties and deadlines. Data Alchemy assigns a dedicated LLM to each contract type — today Claude AI — reaching 99.8% accuracy and 3-second processing per document, with no templates and no manual re-keying.
Which contract types does the platform handle?
Data Alchemy processes supply, lease, service, NDA, commercial agreements and general terms, in PDF, scan or Word. It ingests documents from email (Google Workspace, Microsoft 365), scanners or upload, classifies them automatically by type and extracts the relevant clauses ready to archive and monitor.
Does the AI recognise deadlines and auto-renewals?
Yes. The AI pinpoints start dates, term, notice periods, termination windows and auto-renewal deadlines, returning them in structured form ready to feed a contract deadline register. Auto-renewals and penalties are flagged in advance, reducing the risk of missing a contractual deadline.
Is it suitable for law firms and accountants?
Yes. Contract automation is especially useful for law firms, accounting practices and legal teams handling large volumes of client contracts. It removes manual stripping, keeps data consistent with the ERP and frees skilled time from transcription, leaving people to control only the exceptions.
How does it integrate with the ERP or document system?
The data extracted from contracts flows directly into your ERP, document management system or CRM through native connectors, REST APIs, webhooks and direct SQL access. Master data (counterparties, VAT numbers, amounts) is read in real time, so the AI validates every contract against the system of record before archiving it.
How much does AI contract automation cost?
Data Alchemy uses a transparent pay-per-use model: from €0.50/document on the Starter plan down to €0.35/document on the Corporate plan. No monthly subscription, no minimum commitment — you pay only for the contracts the AI reads, structures and writes to your ERP.
See your contracts automated
Book a free 30-minute demo on your real contracts. We run the AI live on your documents, show clause and deadline extraction and calculate your ROI — no commitment, no cost.
Book a free demo