Know how a contract is accounted for before it reaches the ledger
Upload a contract or term sheet. TAbot pulls out the terms that drive the accounting and works through the US GAAP analysis for revenue, leases, debt, and equity, with every conclusion cited.
In short
TAbot reviews contracts and term sheets for their accounting, not their legal risk. It reads the full arrangement, including amendments and side letters, finds the terms that affect revenue, leases, debt, and equity, and determines the US GAAP treatment with citations to ASC guidance and Big 4 manuals, checked against your own policy, product list, and discount matrix.
Last updated
Where contract review breaks down, and what TAbot changes
The accounting usually turns on a handful of terms buried in a long agreement.
| Today | With TAbot |
|---|---|
Reading every page of an agreement to find the few terms that change the accounting. | TAbot pulls out pricing, options, renewal and termination rights, acceptance clauses, and payment terms, and skips the boilerplate. |
Legal review tools flag risky clauses but say nothing about the accounting. | TAbot produces an accounting analysis under the relevant ASC topics, not a redline. |
Embedded leases and financing components hide in service agreements and payment terms. | TAbot flags embedded leases for ASC 842 and significant financing components in payment terms. |
Amendments and side letters are read separately, and the combined accounting is missed. | TAbot reads the MSA, order forms, SOWs, amendments, and side letters together and considers whether they should be combined. |
Finance sees the terms after signing, when they can no longer change. | Review the term sheet before signature and show the deal team how proposed terms change the accounting. |
Products and discounts are checked against approved lists by hand. | TAbot checks each contract’s products and discounts against your product list and discount matrix. |
What TAbot reviews
Customer, vendor, financing, and partnership agreements, analyzed for the standards they touch.
Revenue contracts (ASC 606)
Performance obligations, variable consideration, material rights, allocation, and timing.
Leases and embedded leases (ASC 842)
Identifies leases inside service and supply agreements and assesses classification.
Debt and equity instruments
Convertible notes, warrants, SAFEs, and financing agreements, assessed for classification and embedded features.
Strategic partnerships
Collaboration, reseller, and joint development agreements that span several topics.
Term sheets before signing
See the accounting consequences of proposed terms while they can still change.
Policy, product, and discount checks
Every contract is checked against the revenue policy, product list, and discount matrix you upload.
How contract review works in TAbot
The path a technical accountant takes, with the reading done for you.
- Step 1
Upload the agreement
Add the contract or term sheet, plus amendments and related agreements.
- Step 2
TAbot finds the accounting terms
It identifies the standards the arrangement touches and maps each clause to their criteria.
- Step 3
TAbot applies the guidance
Each criterion is evaluated with ASC citations, and judgment areas are flagged.
- Step 4
Your team reviews and documents
Approve or edit the analysis, then export a memo or completed checklist.
Frequently Asked Questions
How is TAbot different from legal contract review software?
Legal contract review looks for legal risk and playbook deviations. TAbot determines how the contract should be recorded under US GAAP (performance obligations, leases, classification) and documents why, with citations.
Can TAbot find embedded leases in contracts?
Yes. TAbot flags arrangements where a customer controls the use of an identified asset, such as dedicated equipment or space in a service agreement, and assesses them under ASC 842.
Can TAbot review a term sheet before the deal is signed?
Yes. Reviewing a term sheet before signature shows how proposed terms would affect the accounting, so finance can advise the deal team while terms can still change.
Can TAbot review contracts in bulk?
Yes, on the Revenue Automation tier, which adds bulk contract review, revenue checklist automation, and Salesforce integration, priced as an annual subscription plus implementation. Platform Access ($200 per user per month) reviews contracts one at a time.
Which documents can TAbot review?
Customer, vendor, financing, and partnership agreements, including MSAs, order forms, SOWs, amendments, side letters, and term sheets. Revenue teams can also sync customer contracts from Salesforce through the Contract Intelligence Platform.
Are uploaded contracts kept confidential?
Yes. Contracts stay private to your workspace, are encrypted in transit and at rest, and are never used to train models. TAbot is SOC 2 Type 2 certified, and its security has been reviewed and approved by a national defense company.
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