ProcureAIby Stellitron
Contract Agent

Ledgerline SaaS Subscription

Ledgerline · SaaS Subscription · Dec 15, 2025 – Dec 15, 2026

What it does

This is the working copy of one agreement. You can read each clause, see how it compares to the Stellitron playbook, accept suggested wording changes (redlines), and track renewal notice dates and follow-up tasks.

What you can do here

  • Review clauses sorted by risk; accept a redline to replace supplier wording and lower that clause’s risk.
  • Click Re-run risk review to parse the text again and refresh the contract risk score with a step-by-step trace.
  • Use Obligations to check off deliverables and add new due dates.
  • When auto-renewal notice is due, draft a renegotiation or non-renewal letter and copy it to send.

Behind the scenes

On each review, the agent re-segments the contract text, classifies clauses (renewal, liability cap, price escalation, data protection, and more), extracts numbers like notice days and fee caps, and compares them to playbook limits—for example annual price increases above 3% or liability caps under 12 months of fees score as high risk. Missing standard clauses are flagged too.

Example: On CTR-2002 (Ledgerline), the price escalation clause allows 8% annual increases while the playbook asks for 3% or CPI; liability is capped at three months of fees. Risk score 66. With 90-day notice and about 60 days until term end, the notice deadline has passed—use Draft non-renewal or Draft renewal notice on the right.

Value $410,000
Owner Raj Iyer
expiring
Risk 66/100
Price Escalationhigh
Supplier may increase fees annually by up to eight percent (8%) upon thirty (30) days' notice.

Company playbook position: Annual increases capped at 3% or CPI, with 90 days' notice.

Suggested wording change (redline)

Supplier may increase fees annually by up to eight percent (8%) upon thirty (30) days' notice.

Replace with

Cap annual increases at the lower of 3% or CPI-U with 90 days' written notice.

SLAhigh
Supplier will use commercially reasonable efforts to make the Service available 99.0% of the time. No service credits apply.

Company playbook position: 99.9% availability with tiered service credits up to 25% of monthly fees.

Suggested wording change (redline)

Supplier will use commercially reasonable efforts to make the Service available 99.0% of the time. No service credits apply.

Replace with

Commit to 99.9% monthly availability with credits of 10%/15%/25% below 99.9/99.5/99.0%.

Liability Caphigh
Supplier's aggregate liability shall not exceed the fees paid in the three (3) months preceding the claim.

Company playbook position: Cap at ≥12 months of fees; uncapped for data breach, confidentiality and IP indemnity.

Suggested wording change (redline)

Supplier's aggregate liability shall not exceed the fees paid in the three (3) months preceding the claim.

Replace with

Raise cap to 12 months of fees and carve out data breach, confidentiality and indemnity obligations.

Term & Renewalmedium
This Agreement shall automatically renew for successive twelve (12) month terms unless either party gives written notice of non-renewal at least ninety (90) days before the end of the then-current term.

Company playbook position: Auto-renewal allowed only with ≤60-day notice and a renewal price cap.

Suggested wording change (redline)

This Agreement shall automatically renew for successive twelve (12) month terms unless either party gives written notice of non-renewal at least ninety (90) days before the end of the then-current term.

Replace with

Reduce notice period to 60 days and cap renewal price increases at 3% or CPI, whichever is lower.

Payment Termslow
Customer shall pay undisputed invoices within forty-five (45) days of receipt.

Company playbook position: Net 45 or longer.

Governing Lawlow
This Agreement is governed by the laws of the State of New York.

Company playbook position: New York or Delaware law.