Contract terms

Your contract, read once and enforced on every invoice.

Add the contract or rate schedule and Overtrace’s contract analyst pulls out each billing term — rates, markups, allowances, per diem, equipment terms — with its exact wording and page. Accept, edit or ignore each one. Accepted terms re-audit every invoice, and every finding they raise quotes the clause.

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The problem

The contract is the standard. Nobody audits against it directly.

  • Fifty pages of terms.

    Rate schedules in an exhibit, markups in section 9, per diem in an email amendment.

  • Different trades, different deals.

    Every subcontract has its own rates and allowances, and the reviewer has to remember which is which.

  • Arguments about what was agreed.

    When the clause isn’t in the dispute, the dispute is about the clause.

The solution

Every term with its quote, and nothing applied until you say so.

  • Exact quotes & pages

    Each extracted term shows the wording it came from and the page it’s on.

  • You approve every term

    Accept, edit or ignore. Nothing applies until you do.

  • Re-audits automatically

    Accepting a term re-checks every invoice it applies to.

  • Findings that cite the contract

    “Per contract: ‘…’ p.N” — on the finding, in the workbook and in the letter.

  • Or learn from a past audit

    Import an outside auditor’s review and its treatment becomes suggested rules, alongside or instead of the contract.

Questions

Common questions.

What file formats can I add?

Contracts and rate schedules as PDF; past outside audits as Excel workbooks.

What kinds of terms does it extract?

Billing terms: labor, equipment and hauling rates; markups and what they apply to; per diem and PPE terms; overtime rules; allowable and unallowable costs. Each is shown with its quote for you to accept.

Get started

Bring us your worst package.

See Overtrace audit a real T&M billing package in a 30-minute demo. Then prove it on your next two invoices in a 60-day pilot.

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