Understanding Extraction Results
Learn how to interpret the data automatically extracted from your contracts.
Extracted Data Fields
Renewly extracts the following information from your contracts:
Party Information
- Party A & Party B: Primary contracting parties
- Contact Names: Key contacts from each party
- Contact Emails: Email addresses for communications
Important Dates
- Effective Date: When the contract takes effect
- Expiration Date: When the contract ends
- Renewal Date: When renewal decision must be made
- Notice Period: Days required for termination notice
Financial Information
- Contract Value: Total contract value
- Payment Schedule: How often payments are due
- Payment Terms: Net 30, Net 60, etc.
- Contract Term: Duration in years (supports decimals like 0.5, 1.5)
Risk Analysis
Our analysis engine identifies potential risks and categorizes them by severity:
- High Risk: Critical issues requiring immediate attention
- Medium Risk: Important but not urgent concerns
- Low Risk: Minor items to be aware of
Confidence Scores
Each extraction includes a confidence score showing how certain the system is about the data:
- 88%+: High confidence - data is very likely accurate
- 60-87%: Medium confidence - review and verify data
- Below 60%: Low confidence - manual review required
Always review extracted data. While our extraction is 99%+ accurate, you should verify critical information like dates and payment terms.
Editing Extracted Data
All fields can be manually edited:
- Click the contract to view details
- Click "Edit" button
- Update any fields as needed
- Save changes
Missing or Incorrect Data
If the extraction misses information or makes a mistake:
- Manually add missing data in edit mode
- Correct any errors you notice
- Reference the original document (click "View Original" to download)
Review Queue
The Review Queue helps you track which extracted contracts have been verified by a human.
What the Review Queue Is
Every contract that goes through automatic extraction lands in the review queue until someone on your team confirms the extracted data is accurate. This ensures no contract enters your active portfolio without human verification.
How Contracts Appear in the Queue
A contract enters the review queue when:
- A new contract is uploaded and extraction completes
- A contract is re-extracted after edits to the source document
- A previously reviewed contract is reset for re-review
The Review Badge
An unreviewed contract count badge appears in the sidebar next to the contracts navigation item. This badge shows how many contracts are waiting for review. The badge disappears when all contracts have been reviewed.
Marking a Contract as Reviewed
- Open the contract detail page
- Review the extracted data fields, dates, values, and risk analysis
- Make any corrections needed using the Edit button
- Click "Mark as Reviewed" to approve the extraction