Contract Data Extraction
Extract structured data from contracts and export to Excel, CSV, or other formats for analysis and portfolio tracking. Achieves 90%+ reduction versus manual extraction.
90%+ reduction vs. manual extraction
Consistent extraction logic applied to all documents
Transactional & Contract Work
The Problem
- ✗Contract data trapped in unstructured documents
- ✗Manual extraction to spreadsheets is time-consuming and error-prone
- ✗No visibility into portfolio-wide metrics
- ✗Renewal dates and deadlines discovered reactively
- ✗Inability to answer basic questions about contract portfolio
How Claude Helps
Reads contracts (PDF, Word, text), extracts specified fields to structured format, handles varying document formats and clause structures, exports to Excel with consistent column structure, and enables portfolio-wide querying and analysis.
Step-by-Step Workflow
Define extraction schema
Fields you want to capture
Upload contracts
Or point to folder
Run extraction prompt
Specifying output format
Review extracted data
In Excel
Validate sample
For accuracy
Import to CLM
Or tracking system as needed
Example Prompt
Extract the following fields from this vendor contract and output as a table row: | Field | Value | |-------|-------| | Vendor Name | | | Agreement Date | | | Effective Date | | | Initial Term | | | Renewal Term | | | Auto-Renewal? | | | Termination Notice Period | | | Contract Value (Annual) | | | Liability Cap | | | Governing Law | | | Key Contact | | For dates, use YYYY-MM-DD format. For currency, use USD format with no symbols.
Frequently Asked Questions
Can Claude extract from scanned PDFs?
Quality depends on OCR accuracy. For best results, ensure PDFs are OCR-processed. Claude can work with OCR text but may miss data if the underlying text is garbled.
How do I handle contracts with inconsistent formats?
Create a robust extraction prompt that identifies provisions by content rather than location. Test on a sample of varied documents before processing the full portfolio.
Can I update extractions as contracts are amended?
Yes. Run extraction on amendments and update your tracking spreadsheet. Consider including 'Last Updated' and 'Amendment Count' fields in your schema.