Skip to content
FANUM SECURITY
Back

Contract lifecycle

Contracts

Not an archive — the entire life of the agreement.

Contracts manages the whole lifecycle — drafting, approval, electronic signature, amendment, performance and renewal. Templates, versions, approval rules, delegated authority, annexes, milestones, obligations and renewal alerts all live on one platform.

Built and operated by FANUM
AI clause extraction, risk scoring and semantic search
Overview
Legal, procurement and commercial teams under contract volume.

The problem

Keeping contracts in email, local folders and assorted Word files produces version confusion, delayed approvals and forgotten obligations. Lawyers have to read each contract by hand, find the risky clauses and compare against earlier versions. And an expiry or renewal date that slips past unnoticed is a direct financial and legal risk.

Capabilities

01

Templates, versions and approval

Draft from approved templates, route through approval rules, delegate authority when someone is away, and keep every version.

02

Electronic signature

Signature as a step in the workflow rather than a detour through a separate product and back again.

03

AI clause and obligation extraction

Clauses and obligations pulled out of the text and compared against your own approved legal positions, with a risk score attached.

04

Version comparison and semantic search

What changed in meaning between two versions, and search across the contract estate by what a clause says rather than by filename.

05

Renewal and obligation alerts

Milestones, expiry and renewal dates raised before they pass, not discovered afterwards.

06

Human review before anything is relied on

AI output is checked by a person before approval. The system accelerates the reading; it does not sign anything.

What makes it different

Unlike a classic contract archive, Contracts does not merely store documents. It manages the full lifecycle and uses AI to speed up legal analysis, risk assessment, obligation extraction and version comparison.