Contract Review Tool: What to Look For (and What We Flag)

If you're running a small business, reviewing vendor contracts probably isn’t your favorite part of the week. It’s time-consuming, full of legal landmines, and often unclear where to even begin.

That’s why we built Langley: a tool that reviews contracts like an operator, not a lawyer. Here's what we flag (and why it matters).

🗓 Critical Dates

We identify:

  • Contract start and end dates

  • Auto-renewal dates

  • Cancellation notice requirements (e.g., “must notify 60 days before end date”)

  • Billing anniversary or escalation windows

📌 Why it matters: Most cost creep comes from missed notice windows. Our tool catches these so you don’t.

💸 Financial Risk Triggers

We flag:

  • Auto-renewals

  • Early termination fees

  • Annual price escalators

  • Payment obligations even after cancellation

  • Late fees and penalty clauses

📌 Why it matters: Many of these risks are buried in legalese. Langley pulls them to the surface and decodes them in plain English.

🔐 Switching Friction

We extract:

  • Data export or migration limits

  • Notice periods required for downgrades

  • Any implementation or onboarding fees if you switch vendors

  • Contract minimums that block partial usage

📌 Why it matters: This is the fine print that keeps you locked in. Langley highlights it before you get stuck.

📎 Real Clauses. Real Examples.

Our database has hundreds of anonymized clauses from real contracts. That means we don’t just say "watch for auto-renewal" — we show you exactly how it’s worded across Salesforce, Zenefits, Paychex, and others.

📈 Built for Scale

Langley isn’t just a tool for a one-off review. We’re designed to process 10, 100, or even 1,000 contracts and summarize the risk across all of them. Perfect for:

  • Multi-location businesses

  • PE or roll-up firms

  • Back-office audits

⚙️ What You Can Do With a Review

  • 📬 Send the summary to your operations team

  • 📁 Store and tag contracts by risk area

  • 🧾 Share with your CPA, CFO, or legal partner

  • ✂️ Use insights to renegotiate before renewal

👉 Want a contract flagged? Upload a doc (via our secure Dropbox) and we’ll return a full summary within 24 hours.

🔍 Curious what we catch? Read our teardown of an actual Salesforce contract here.

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Contract Audit Checklist for Small Businesses (Free Download)

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Auto-Renewal Clauses Explained (with Real Contract Examples)