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Contractbook

COLLAB
Velocity5.0

Contract automation grows up: admin permission maps, 2FA, and forms that do their own arithmetic.

contract-automationpermissionstwo-factor-authai-extractionformsenterprise-readiness
◆Current state
Contractbook released a batch of six changes on a single day covering three areas at once. Administration gets a company-wide Spaces access page answering who can reach which space and with what permission, plus OTP two-factor authentication at login. Contract creation gets calculation fields in forms that compute totals and pro-rated amounts and insert them into the document automatically. The AI side gets a new extraction model and a dedicated place to manage AI upload contract types, with built-in defaults now editable per company.
◆Where it's heading
The pattern is a product being fitted for larger customers: the access-visibility page is gated to Accelerate and Enterprise plans, group-level company permissions landed earlier in the year, and 2FA closes the obvious procurement objection. Meanwhile the AI features are moving from fixed behaviour toward configurable behaviour — extraction types are now a company's own list rather than the vendor's. Calculations remove the last common reason to edit a generated .docx by hand.
◆Prediction
The admin thread points toward more permission surface — audit trails or per-space delegation would follow naturally from a page that already explains where each permission comes from. Nothing in these entries indicates how much extraction accuracy actually improved.

◆Recent moves

  1. 9d ago

    🧮 Calculations in forms

    Form fields can compute values from other fields — totals, pro-rated amounts — and insert the result into the contract after submission, with a matching insertable field in the Legal Portal template editor. It removes both the automation workaround and the manual .docx edit that previously handled contract arithmetic.

  2. 9d ago

    🔑 OTP two-factor authentication

    One-time-passcode two-factor authentication at login, configured in profile settings. Table stakes for a system holding executed contracts, and consistent with the enterprise-readiness push running through this batch.

  3. 9d ago

    🖼️ AI upload: contract types

    AI upload contract types get their own management screen, with control over which types are default and the ability to edit or delete the built-in ones per company. Part of the shift from AI behaviour the vendor defines to AI behaviour the customer configures.

  4. 9d ago

    🗺️ Spaces access

    A company-wide page showing who can access every space and at what permission level, plus a per-user view listing which spaces they can reach and where each permission originates. Gated to Accelerate and Enterprise — the clearest signal of who this year's admin work is for.

  5. 9d ago

    🔎 Search results revamp

    Search results are rebuilt on the same table grid as the contract list, so searches combine with filters, support the same bulk actions, and can be saved as a view. Search also moves into the main navigation and is reported as considerably faster.

  6. 9d ago

    ✨ AI extraction model upgrade

    A new model behind AI data extraction, with changes to how extraction runs, expected to improve accuracy and detect more fields. The notes stop short of quantifying either, so the effect is unverified from here.