Contracts Hub for procurement teams
Contracts Hub helps procurement teams move faster, capture more value, and ensure contracts actually govern spend and suppliers—by orchestrating decisions and actions across the systems where purchasing happens.
Contracts Hub helps procurement teams move faster, capture more value, and ensure contracts actually govern spend and suppliers—by orchestrating decisions and actions across the systems where purchasing happens.
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Contracts that govern spend—not just signatures
Procurement teams negotiate strong commercial terms, but too often lose control once contracts are signed. Contracts Hub ensures those agreements continue to govern spend and suppliers throughout their lifecycle.
- Treats contracts as a system of commercial commitments, not static documents
- Extracts negotiated pricing, rate cards, discounts, volume tiers, SLAs, and rebates as structured data
- Keeps contract terms continuously visible and actionable after signature
- Ensures purchasing and supplier performance reflect what was actually agreed upon
Intelligence that focuses effort where it matters
Contracts Hub uses AI to reduce manual review and monitoring—so procurement teams spend time on leverage, not policing.
- Analyzes contract terms alongside real-world spend and supplier activity
- Flags deviations, missed value, and out-of-policy behavior automatically
- Highlights agreements and suppliers that require attention—without manual review
- Allows procurement teams to prioritize high-impact negotiations and interventions
An AI front door for contract-driven work
Contracts Hub makes it easy for employees to request contracts while ensuring procurement intent and policy are captured from the start.
- Understands user intent and routes requests dynamically based on agreement type and risk
- Supports self-serve creation for standard agreements with policy-based guardrails
- Escalates exceptions automatically to Legal, Finance, or Procurement when required
- Starts contract workflows in Slack, Microsoft Teams, email, or a portal—without losing structure or governance
Proactively capture value from renewals
Tonkean’s Renewals Agent helps procurement teams stay ahead of renewals with time, context, and leverage.
- Monitors renewal dates, notice windows, auto-renew clauses, and usage or pricing thresholds
- Analyzes spend and utilization to surface savings, consolidation, and renegotiation opportunities
- Delivers proactive alerts in Teams, Slack, email, or the portal with clear recommendations
- Launches renewal, renegotiation, or re-sourcing workflows automatically when action is required
Orchestration across applications and teams
Contracts Hub connects contract data and decisions to the systems where procurement work actually happens.
- Integrates with 300+ applications, including ERP, P2P, sourcing, invoicing, supplier management, and analytics platforms
- Applies contract terms directly within downstream processes instead of relying on audits
- Coordinates approvals, validations, and handoffs across systems as contract state changes
- Maintains a single, governed view of contract status and obligations across the stack
