Procurement

Zuva supports procurement teams within any organization by identifying and extracting key terms and heavily negotiated provisions on both first party and third party paper, speeding up decision making procedures and optimizing existing contract life cycle management processes.

The smart fields in this group are optimized for use on service, supply, distribution, and license agreements.

In addition to common fields such as title, parties, start date, and end date.The 93 fields included in this group include (but are not limited to):

  • Automatic Renewal
  • Business Continuity
  • Confidentiality
  • Currency
  • Duration
  • Effective Date
  • Exclusivity
  • Limitation of Liability
  • Termination for Convenience
  • Royalty Payments

The 17 answers smart fields in this group include (but are not limited to) the following:

  • Does this contract renew automatically?
  • Does this contract contemplate payment of a non-refundable amount?
  • Does this contract contain an inflation adjustment?


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