Create, monitor, and manage better contracts with data-driven insights. Procurement and supply chain teams gain a single, reliable view of commercial performance that drives better decisions across every project.
Optimize commercial control by analyzing contracts, benchmarking rates, and validating compliance throughout execution. Contract language is reviewed to identify gaps and reduce risk, while rate benchmarking provides visibility into pricing across contractors. During execution, performance is measured against commercial terms to minimize leakage and improve compliance. Procurement-specific checks validate activity in real time, ensuring accurate billing, stronger vendor relationships, and measurable savings across every project.
Build stronger contracts by using AI to identify gray areas during formation. Early detection of vague or risky terms helps close gaps, reduce commercial exposure, and prevent surprise change orders during execution. Insights from each review help build a foundation for more consistent, compliant, and resilient contracts over time.
Easily compare and evaluate the contractors in your system to understand true market performance. Data-backed assessments strengthen negotiating positions, ensure fair pricing, and improve commercial outcomes across every project. Consistent evaluations help identify high-performing vendors and drive more informed sourcing decisions.
Learn about all the ways that PayShepherd is helping procurement and supply chain teams. See how you can keep commercial terms aligned with work performed in the field to improve performance.
"PayShepherd has greatly improved our cost and contract compliance. The transparency we gained helps us negotiate better, refine key processes, and speed up invoice approvals across the board."
