For the CFO
The accidental legal owner
Most companies hit real contract volume long before they hire a general counsel. Somebody still has to own the NDAs, the vendor agreements, the customer paper and the renewals — and that somebody is usually you. Not because it is a finance function, but because it sits next to the things that already are: spend, risk, insurance, audit, and the numbers you take to the board.
So it becomes a job you did not ask for and were not trained for. You are reading an indemnity clause between close and forecast, deciding on a liability cap by instinct, and hoping the version somebody emailed the counterparty was the one you actually approved.
The usual answers are to send everything to outside counsel — slow, and expensive per document — or to wave it through and find out later. There is a third option: every contract gets read properly before it reaches you, against standards you set once.
What changes
- Nothing arrives unread. Terms are extracted, compared against your standards, and returned with a green, yellow or red verdict and the specific concerns listed. You are deciding, not discovering.
- You are not asked to draft. Where a contract needs changes, the markup comes back as real tracked changes in Word, argued from the positions you configured. Edit and send it — or hand it to counsel already narrowed to the two clauses that actually matter, which is a much smaller invoice.
- The register keeps itself. Every contract that goes through review, and every signed one, lands in one searchable place with its terms. What you already have can be bulk-imported from Google Drive or SharePoint, so the register starts complete rather than from today forward.
- Renewals stop being a surprise. Alerts fire at 60, 30, 14 and 7 days before expiry — enough warning to renegotiate, rather than discovering an auto-renewal after it fired.
- The audit trail is a by-product. Who decided, when, on which version, and what changed between rounds. Captured because it happened, not because somebody remembered to log it.
A human decides everything
There is no auto-approval, deliberately. AI does the reading, the extraction, the comparison and the first draft of the markup. It does not approve contracts and it does not give you a legal opinion. The speed comes from arriving well-briefed, not from nobody looking.
What it costs, and what you are not paying for
Traditional contract lifecycle management is bought as a project. There is a platform licence, an implementation engagement to configure it, a consultant who knows the tool, a training programme so that people actually use it, and a seat for everyone who touches a contract. Value arrives when the project lands, which is months out — and the software is usually sized for a legal department you do not have.
AeroSpark is priced and deployed differently:
- You pay for documents reviewed, not seats. Plans are metered on contract volume per month. Everyone can submit — sales, procurement, whoever is holding the contract — without that changing the bill. Per-seat pricing quietly pushes teams to funnel everything through one person, which is the bottleneck you were trying to remove.
- There is no implementation project. It installs into Slack or Microsoft Teams, a setup wizard walks through your review channel and your standards, and it runs. Nothing has to be migrated before you can start, and no consultant is involved.
- Nobody has to be trained. Submitting is a message in a tool your team already has open. Adoption is the failure mode that kills most contract systems, and here it is designed out rather than budgeted for.
- The prices are published. They are on the pricing page, not quoted to you after a discovery call.
To be straight about the scope: this is not a full enterprise CLM. If you need clause libraries, obligation management and procurement workflow, buy one of those. If what you actually need is that contracts get read properly, decisions get recorded, and somebody can answer "what did we agree with them?" — that is this, for a fraction of the cost and without the rollout.
See document review, the contract register, or how your documents are handled.