TCO Calculator
for Contract Performance Analytics

Enterprises rely on contracts to govern obligations, service levels, and vendor relationships, but monitoring performance against agreed terms is often fragmented and manual. Legacy OCR solutions can extract contract text but cannot track SLA adherence, cycle times, or vendor compliance. This forces legal and procurement teams to manually review obligations and timelines, leading to inefficiencies, compliance gaps, and missed performance issues.

AI-powered contract performance analytics automates the monitoring of SLA compliance, obligation fulfillment, and contract lifecycle efficiency. By tracking vendor performance, identifying cycle-time bottlenecks, and ensuring terms are met, organizations reduce risk, improve supplier relationships, and strengthen contract governance.

This total cost of ownership calculator helps you evaluate the true ROI of the category using modern AI powered alternatives over traditional OCR based solutions.

TCO with Existing Solution

Legacy OCR systems achieve 80% accuracy but cannot track SLA compliance or measure cycle times effectively. Legal and procurement teams must rely on manual tracking and spreadsheets, creating inefficiencies and risks of non-compliance.

TCO with AI-based Solution

Modern AI combining OCR, NLP, and performance analytics achieves 92% accuracy ±2%, enabling automated monitoring of contract compliance and lifecycle efficiency. While this reduces manual effort significantly, AI cannot always interpret business-specific SLAs, requiring targeted review for critical cases.