Document type
Intelligent Contracts Processing
Process legal contracts with high accuracy, extracting parties, terms, obligations, clauses, and signatures to streamline contract review and management.
99.6%Accuracy
90%Time Saved
24/7Processing
Processing Steps
How to Process contracts
Follow these simple steps to extract data from your contracts
1
Document Upload
Upload contract documents in any format (PDF, Word, scanned)
2
Contract Classification
AI identifies contract type and structure
3
Clause Extraction
Extract and categorize all contract clauses and provisions
4
Obligation Analysis
Identify and track all obligations, deadlines, and requirements
Extracted Data
Contracts Fields
ParseIQ automatically extracts and validates these fields from your documents
| Field Name | Type | Required | Description | Example |
|---|---|---|---|---|
| documentId | string | Yes | Unique identifier for the contract document | N/A |
| contractType | string | Yes | Type of contract (employment, services, NDA, etc.) | N/A |
| contractTitle | string | Yes | Title or name of the contract | N/A |
| executionDate | date | Yes | Date when the contract was signed or executed | N/A |
| effectiveDate | date | Yes | Date when the contract becomes effective | N/A |
| expirationDate | date | No | Date when the contract expires | N/A |
| parties | array | Yes | All parties to the contract with their details | N/A |
| signatories | array | Yes | Individuals who signed the contract | N/A |
| governingLaw | string | Yes | Jurisdiction or law governing the contract | N/A |
| purpose | string | Yes | Purpose or objective of the contract | N/A |