SpotDraft For FINANCE

Turn Every Contract Into a Source of Financial Clarity

Finance teams are on the front lines of cost control and revenue protection, but without visibility into contracts, crucial decisions get delayed or made in the dark.
Trusted by fast moving teams
Man with beard wearing a white striped button-up shirt speaking in an indoor setting with a blurred background.
90% Faster Approvals:
How Open’s Finance Team Transformed Contracting
Gradient background transitioning from dark navy blue at the bottom to black at the top.
Gradient background fading from dark navy blue at the top to black at the bottom.

Why Finance Teams Love SpotDraft

Flowchart showing approval requirements for different amounts: over $50,000 requires CFO approval in Finance, $30,000 to $50,000 requires Head of Finance approval, else send for signing.

Complete Oversight of Contract Approvals — Without Sacrificing Speed

  • Automatically kick off finance approvals if a contract crosses a set threshold (e.g., $25K/year)
  • Auto-route contracts to finance, legal, or procurement by value or type
  • Track approvals in real-time, collaborate in-platform, and keep a complete audit trail

No More Nasty Surprises

  • Access every contract, payment term, and renewal date from a single, searchable source
  • Avoid missed renewals and payment obligations with automated alerts
  • Accelerate audits and due diligence with full approval logs, version history, timestamps, and user-level tracking — all audit-ready
Contract Repository interface showing a search bar with 'automatically renew' typed in, a filter for Deal Value > $60,000, and a table listing three contracts with details like contract name, role, owner with profile pictures, text matches, and statuses including Expired, Expiring, and Awaiting Signature.
Bar chart showing number of contracts by renewal time period with the 1-year period highlighted at 58 contracts, indicating potential renewal costs. Below, a comment from Kaylee Mills suggests shifting to longer contract terms to reduce renewal load and minimize cost exposure.

Real-Time Revenue and Spend Visibility

  • Identify payment terms, revenue schedules, and renewal risks in one place
  • Leverage reports to forecast cash flow and plan spend with confidence
FAQ

We’re here to help with any questions you have.

How does SpotDraft support real-time tracking of financial commitments and renewals?

How do contract approvals work across departments?

Is the contract repository searchable and centralized?

How does SpotDraft help with audits and due diligence?

Can we execute contracts entirely within SpotDraft?