Analytics Dashboard
Gain comprehensive insights into your contract portfolio with advanced analytics, health scoring, and risk metrics.
Pro Feature
Overview
The Analytics dashboard provides a comprehensive view of your entire contract portfolio, helping you:
- Assess overall portfolio health and risk exposure
- Identify trends in contract renewals and expirations
- Analyze spending by vendor and category
- Track financial risk with Value at Risk (VAR) metrics
- Make data-driven decisions about contract management
Portfolio Health Score
Your Portfolio Health Score is a single metric (0-100) that reflects the overall condition of your contract portfolio.
How It's Calculated
The health score is based on multiple factors:
- Risk distribution (40%): Proportion of contracts with Low, Medium, or High risk severity
- Expiration proximity (30%): How many contracts are expiring soon vs. far in the future
- Extraction completeness (20%): Whether contracts have complete extracted data
- Auto-renewal liability (10%): Exposure from contracts with auto-renewal clauses
Score Ranges
- 90-100 (Excellent): Portfolio is well-managed with low risk exposure
- 75-89 (Good): Generally healthy with minor areas for improvement
- 60-74 (Fair): Some risk factors present, attention recommended
- Below 60 (Needs Attention): Significant risk exposure or upcoming renewals requiring action
How to Improve Your Score
- Review high-risk contracts: Address contracts flagged with High severity risks
- Monitor expiring contracts: Take action on renewals 90+ days before expiration
- Complete missing data: Edit contracts to fill in any missing fields
- Manage auto-renewals: Review contracts with auto-renewal clauses to ensure they align with your needs
- Add tags: Organize contracts for better visibility and tracking
Value at Risk (VAR)
Value at Risk measures the total financial exposure from contracts that require attention due to upcoming renewals or identified risks.
What It Means
VAR represents the dollar amount of contracts that:
- Are expiring within the next 90 days
- Have High severity risks identified by analysis
- Have auto-renewal clauses that may trigger soon
- Are in expired status but still represent financial obligations
Time Periods
VAR is tracked across multiple time horizons:
- 30-day VAR: Immediate attention required
- 90-day VAR: Near-term risk exposure
- 12-month VAR: Long-term planning horizon
Auto-Renewal Liability
A subset of VAR specifically tracking contracts with auto-renewal clauses. This helps you identify:
- Contracts that will automatically renew unless you take action
- Notice periods required to cancel or renegotiate
- Potential lock-in commitments
Vendor Analysis
Understand your contract distribution and spending by vendor.
Top Vendors by Value
- See which vendors represent the most spending
- Identify consolidation opportunities
- Track vendor relationship concentration
Top Vendors by Contract Count
- Discover vendors with multiple active contracts
- Identify potential volume discount opportunities
- Spot vendor sprawl (too many vendors for similar services)
Vendor Risk Assessment
- View average risk severity across all contracts with each vendor
- Identify vendors with consistently high-risk contracts
- Prioritize vendor relationship reviews
Tag Analytics
Analyze how your contracts are distributed across categories.
Most Used Tags
- See which tags you use most frequently
- Understand contract categorization patterns
- Identify opportunities to consolidate or refine tags
Contract Distribution by Tag
- Visualize how contracts are distributed across departments, types, or priorities
- Spot imbalances (e.g., too many contracts in one category)
- Track organizational structure through contract distribution
Tag Strategy
Contract Trends
Visualize your contract portfolio's evolution over the past 12 months and upcoming 12 months.
12-Month Trend Visualization
- Contracts Added: Track new contracts uploaded each month
- Contracts Expired: Monitor contracts reaching their end dates
- Net Change: Understand if your portfolio is growing or shrinking
What to Look For
- Spikes in expirations: Months with many renewals requiring attention
- Growth patterns: Steady increase in contract count may indicate business growth
- Seasonal patterns: Many organizations renew contracts at fiscal year-end
Risk Distribution
Track the severity of identified risks across your portfolio over time.
Risk Severity Breakdown
- Low Risk: Minor concerns or standard clauses
- Medium Risk: Moderate concerns requiring review
- High Risk: Significant issues requiring immediate attention
Risk Trends
- Monitor if your portfolio risk is increasing or decreasing
- Identify patterns in risk severity over time
- Measure the effectiveness of risk mitigation efforts
Minimum Requirements
To access the Analytics dashboard, you need:
- Pro subscription: Analytics is a Pro-tier feature
- At least 3 contracts: Minimum data set for meaningful analytics
- Completed extraction: Contracts must have successful automatic extraction
Interpreting Insights
Use Analytics data to make informed decisions:
For Financial Planning
- Use VAR metrics to forecast upcoming contract expenses
- Identify renewal budget requirements by quarter
- Spot opportunities to consolidate vendors and reduce costs
For Risk Management
- Prioritize which contracts to review based on risk severity
- Track improvement in portfolio health score after mitigation efforts
- Monitor auto-renewal liability to avoid unwanted commitments
For Operational Efficiency
- Identify vendor sprawl and consolidation opportunities
- Use tag analytics to ensure proper categorization
- Plan staffing for contract renewal periods based on trends
Refreshing Analytics
Analytics data updates automatically:
- Real-time: Metrics refresh when you add, edit, or delete contracts
- No manual refresh needed: The dashboard always shows current data
- Historical tracking: Trends accumulate over time as you use Renewly
Exporting Analytics Data
While the Analytics dashboard is visual, you can export underlying contract data:
- Go to the Contracts page
- Click "Export to CSV" to download all contract data
- Import into Excel, Google Sheets, or BI tools for custom analysis