Overview
Fincelo reads every contract you upload, extracts all commercial terms with a confidence score per field, and gets smarter with every correction your team makes. No templates required — it works with any contract format.
| Field | Example | Why It Matters |
|---|
| Start Date | 1 April 2026 | Revenue recognition start |
| End Date | 31 March 2027 | Renewal trigger date |
| Contract Value | ₹12,00,000 | ARR calculation |
| Billing Frequency | Quarterly | Invoice schedule |
| Payment Terms | Net 30 | Dunning trigger |
| Currency | INR | FX treatment |
| Discount % | 15% | Net revenue calculation |
| Auto-Renewal | Yes — 30-day notice | Renewal agent trigger |
| Price Per Seat | ₹5,000/seat | Expansion billing base |
| Notice Period | 30 days | Termination tracking |
| Renewal Terms | Annual, same terms | Renewal playbook |
| Termination Clause | Convenience, 30 days | Churn risk flag |
| SLA Terms | 99.9% uptime | Compliance monitoring |
| Usage Limit | 1,00,000 API calls/mo | Usage alert threshold |
Uploading Contracts
- Fincelo → Contracts → Upload
- Upload PDF (any format — scanned or digital)
- AI extracts all 14 fields with confidence scores
- Review each field — correct any misses
- Click Confirm → contract activated
Start with your top 10 customers by ARR. The AI learns fastest when it sees corrections on real contracts early.
Confidence Scoring
Every field gets a blended confidence score:
Confidence = 60% Claude model certainty + 40% historical field accuracy
- ≥ 80% — High confidence, shown pre-selected
- 30–79% — Medium confidence, shown for review
- < 30% — Low confidence, flagged for manual entry
Self-Improving AI
Every correction you make teaches the AI for next time:
- AI extracts field incorrectly
- You correct it
- Fincelo stores the correction as a few-shot example
- Next similar contract — correction is injected into the AI prompt
- Field accuracy improves permanently
No ML retraining. Prompt augmentation only. Accuracy compounds over time.
Ratchet Clauses & Special Terms
Fincelo detects:
- Ratchet clauses — minimum revenue guarantees that prevent contraction
- Floor quantities — minimum seat/usage commitments
- Price escalation clauses — annual price increases built into the contract
- Most-favoured nation (MFN) clauses
These are flagged in the contract record and fed to the Revenue Anomaly Agent.
Contract States
| State | Meaning |
|---|
| Draft | Uploaded, not yet confirmed |
| Active | Confirmed, billing running |
| Renewal In Progress | Within renewal window |
| Grace Period | Expired, renewal expected |
| Terminated | Ended — churn recorded |
| Suspended | Billing paused |
