AI-enabled extraction · Live scorecards · Total lifecycle control
VericonIQ reads every schedule and amendment with AI, scores your vendors against what was actually signed, and flags the service credits and renewal deadlines everyone else misses.
Set up in minutes · Cancel anytime · Built in Australia
of annual revenue leaks through poor contract management¹
of eligible SLA service credits are never claimed²
of software contracts auto-renew — most tracked manually³
1 World Commerce & Contracting research · 2 Enterprise SLA benchmarks · 3 Contract-renewal industry data
Drop in any contract — MSAs, SOWs, schedules, amendments.
Every KPI, credit formula and deadline, structured in minutes.
Vendors submit results through a secure portal. Everything is scored.
Health scores, breach alerts, credit claims and renewal warnings.
AI reads every schedule and amendment, then extracts KPIs, targets, service-credit formulas and obligations — each one linked back to the exact clause.
| KPI | TARGET | CREDIT | SOURCE |
|---|---|---|---|
| Network availability | ≥ 99.95% | 5% MRC | Sch 3, §2.1 |
| P1 incident response | ≤ 15 min | 2% MRC | Sch 3, §4.2 |
| Change success rate | ≥ 98% | — | Sch 4, §1.8 |
| Report delivery | Day 5 | 1% MRC | Sch 6, §2.2 |
Send a secure magic link and vendors submit their KPI results in minutes. You review, rule on exemptions, and lock the period — everyone is notified automatically.
When a KPI is breached, VericonIQ applies the exact credit formula from your contract — caps, tiers and carve-outs included — and produces a claim you can send to the vendor.
| BREACHED KPI | RESULT | FORMULA | CREDIT |
|---|---|---|---|
| Guard attendance | 97.2% vs ≥ 99% | 4% of monthly fee | $3,840 |
| Incident reporting | 18 hrs vs ≤ 12 hrs | 2% of monthly fee | $1,920 |
| Site inspections | 2 missed | $500 per missed | $1,000 |
Every notice period, expiry and auto-renewal window is extracted at upload and tracked forever. Walk into every renewal with the full performance history in hand.
In transit (TLS 1.2+) and at rest (AES-256).
Row-level security isolates every organisation at the database layer.
Secure cloud infrastructure with daily encrypted backups. Regional data residency available — including Australia (Sydney).
Admin, manager and viewer roles; portal links are scoped, time-limited and revocable.
Every result, approval and lock recorded. Locked periods can’t be silently edited.
Never used to train AI models. Export or delete at any time.
Questions about security or compliance? Talk to us — Enterprise plans include private cloud or on-premises deployment.
All prices in AUD. Cancel anytime.
3-month evaluation
or $990/year — two months free
or $2,990/year — two months free
For large portfolios
Tell us about your contract portfolio and we'll walk you through VericonIQ on one of your own contracts — or just start free now and explore it yourself.