New AI Agent helps procurement and legal teams answer contract questions instantly using natural language and legal-grade artificial intelligence

SAN FRANCISCO--(BUSINESS WIRE)--

Levelpath, the AI-native intake-to-procure platform, today announced the release of its newest capability: the AI Contract Discovery Agent. This powerful tool enables legal and procurement teams to ask any question about their contracts and receive clause-level answers in minutes.

This launch delivers Google-style search across contract data with lawyer-level precision, enabling portfolio-wide analysis in minutes rather than weeks of specialized effort. Powered by advanced legal reasoning and intuitive natural language prompts, Contract Discovery gives teams the ability to interrogate, categorize, and understand their contracts without needing legal review, analyst time, or technical tools.

“Our AI-native Contract Discovery Agent transforms how the business accesses critical contract insights such as risks, opportunities and obligations directly at their fingertips,” says Levelpath President and Co-founder Stan Garber. “Procurement steps up as a strategic legal partner, driving real savings and proactively managing risk across oceans of contract data. By making contract intelligence available anytime and anywhere, Levelpath’s AI Agents enable teams to engage earlier and collaborate in a delightful procurement experience.”

Ask Natural Questions, Get Legal-Level Answers

Contract Discovery is a deep research capability that allows business users to type in natural language questions and receive structured results, complete with specific clauses, confidence levels, and plain-language explanations. Users can ask questions like:

Which NDAs reference ISO 27001 in the security appendix?

Do any of our contracts contain CPI-related escalation clauses?

How many of our contracts reference project management software?

The tool reviews the entire contract repository, contextualizes relevant outputs based on prompted parameters, and captures all relevant clauses, amendments, schedules, specifications, amendments, financial exhibits, regulatory certifications, and even administrative metadata to return clause-level responses with evidence. No technical knowledge or SQL expertise is required; teams can perform sophisticated contract analysis through natural language questions alone, eliminating the need to read each contract manually.

Customers Use Contract Discovery to Save Time and Money

Early customers are using the Contract Discovery Agent to identify critical risks, reduce redundant spend, and improve compliance. Use cases include:

Locating contracts with inflation or tariff risk language

Identifying overlapping services or suppliers before new purchases

Extracting termination clauses across related documents

Understanding contract obligations for a certain quarter

Identifying pricing, discounting, and earnback opportunities

Spotting privacy policy gaps related to regulations like GDPR or SOC 2

Because Levelpath’s Contract Discovery Agent looks at the entire contract, it can help both with legal-based aspects of contractual language and governance, as well as business-facing contractual components. With this AI procurement tool, contract research tasks that previously took weeks of effort from legal teams or analysts can now be completed in minutes, using plain English. This allows teams to reduce costs, increase terms that protect the company, improve the company’s holistic positioning, and validate compliance and health.

Customers are already seeing measurable value with this Contract Discovery Agent. PADNOS, a leader in recycling and scrap management are using it to make reviews more efficient. “A contract review that used to take me an hour now takes 10 minutes with the Levelpath Contract Discovery Agent. The time savings are huge,” says Rick Spykerman, Purchasing Manager at PADNOS. Not only does it save time, but he can be confident in the results because Levelpath’s Contract Discovery Agent will provide the exact clause from the contract, “the AI fact-checks itself, and I can verify in seconds.”

In addition to the Contract Discovery Agent, Levelpath enables enterprises to centralize their contracts into a unified platform and streamline the entire contract management lifecycle with agentic AI. As an example, Levelpath can support contract renewals through its Contract Negotiation Agent that summarizes a supplier’s contract activity and prepares enterprise sourcing professionals with all contextually relevant data and metadata for renewing and improving contracts. Levelpath also supports generative and multi-step Quarterly Business Reviews through a goal-oriented agent that retrieves and summarizes supplier data, finance data, risk records, and contract records to shape the agenda. Levelpath agents are all embedded directly into the platform, based on well-governed supplier and contract data, and can also be embedded or joined together to create multi-agent systems, agentic orchestration, and complex agentic experiences.

Procurement and Legal teams can collaborate in real time to track renewal timelines, identify preferred suppliers, reduce cycle times, and maintain governance. This approach ensures that every contract is easy to find, evaluate, and act on, creating a foundation for stronger compliance and better business outcomes.

One organization that has seen the impact of this approach is InnovaCare Health, a leading provider of integrated healthcare services. With dozens of facilities and a wide range of supplier agreements, InnovaCare needed a way to control contract sprawl, enforce standardized governance, and improve visibility across its portfolio. Using the AI procurement solution from Levelpath, they reduced contract cycle times by 60%, consolidated 18% of overlapping contracts, and avoided the cost of hiring two additional procurement employees. Visit our Customers page to explore more stories of how organizations are unifying procurement with Levelpath.

Levelpath’s AI Masterclass series is a monthly 30-minute session that walks through high-impact procurement use cases, proven by real customer stories and live Q&A. Learn more about contract management in the upcoming AI Masterclass: Know Before You Owe – AI-Powered Contract Control on Friday, October 24 at 9am PT / 12pm ET. The session will highlight how Western Union uses Levelpath’s AI procurement solution to turn contracts into live risk intelligence, ensuring no term, renewal, or tariff trigger is overlooked.

To learn more about Levelpath's AI-native procurement platform and how to upscale contract intelligence, visit https://www.levelpath.com/

About Levelpath

Levelpath is the premier AI-native procurement platform, purpose-built to help global enterprises optimize spend and operations. Powered by its proprietary Hyperbridge reasoning engine, Levelpath unifies complex procurement processes with intelligent automation, no-code workflow orchestration, and a delightful stakeholder experience. The platform delivers real-time visibility, actionable insights, and faster execution, enabling procurement teams to drive measurable business value at scale. Trusted by leading enterprises worldwide, including Ace Hardware, Amgen, Coupang, Fortrea, GATX, SiriusXM, SSM Health, and Western Union, Levelpath helps organizations collaborate smarter, operate more efficiently, and unlock new levels of agility.

Headquartered in San Francisco, Levelpath is backed by Benchmark, Redpoint Ventures, Menlo Ventures, NewView Capital, and World Innovation Lab. Learn more at levelpath.com or connect with us on LinkedIn.

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Source: Levelpath