How does Tabs capture contract data?

1. Ingesting Contract Data

Tabs reads and processes entire contracts, including:

• Master Service Agreements (MSAs)

• Order Forms

• Purchase Orders (POs)

• Amendments

• Negotiation Emails

It identifies and extracts relevant financial terms, ensuring all contract details are accounted for.

2. Extracting Key Information

Once a contract is ingested, Tabs extracts structured data, such as:

• Billing structures (e.g., fixed, usage-based, tiered pricing)

• Revenue cycles (e.g., monthly, quarterly, annual schedules)

• Renewal terms (e.g., auto-renewals, notice periods)

• Invoicing schedules (e.g., milestone-based, upfront, recurring)

• Transaction and usage data (e.g., per-unit pricing, consumption metrics)

• SKUs and variable terms (e.g., pricing adjustments, volume discounts)

3. Continuous Updates

Tabs is not a one-time extraction tool—it continuously updates contract data. When amendments, renewals, or payment terms change, Tabs dynamically adjusts associated invoices and revenue schedules in real time.

4. Structuring Data for Finance Teams

Extracted contract terms are automatically linked to the correct customer record. This ensures finance teams always have an up-to-date, centralized view of:

• Payment obligations

• Renewal timelines

• Custom contract terms

Tabs eliminates the need for manual data entry, reducing errors and ensuring financial data stays accurate and actionable.