Smart Values Overview
LinkSquares® automatically extracts Smart Values™ from each and every one of your contracts. Smart Values are key pieces of data that give you insights into what was agreed upon within the document. Using this data, you can create custom searches and reports to better understand your business.
Extract key pieces of data from every contract
Supporting the sales process effectively can have a big impact on your company’s bottom line. Help your sales team identify problematic contracts by using Smart Values such as Document Type, Auto-Renewal Opt- Out, Contract Term, Invoice Payment, and Termination for Convenience.
Respond faster to key business needs
If a data breach occurs, it’s important to understand what your company’s liability is, what needs to happen next and on what timeline. By using the Smart Values Effective Date, Effective Term, and Data Breach, you can immediately pull a report of relationships and commitments that need to be addressed.
Create custom searches and reports
Due diligence requests can take a variety of different forms. With LinkSquares, you can easily pull contracts based on a number of different parameters to satisfy requests. For example, pull a list of all Vendor Agreements from 2019 that auto-renew using the Smart Values Document Type, Effective Date, and Auto-Renewal.