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Company Updates

The $3 Trillion Problem Hiding in Your Contracts

Enterprise companies commit billions through contracts no one can actually find. Grit Daily sat down with Terzo CEO Brandon Card to unpack why, and what it takes to fix it.

Most enterprise contracts live in SharePoint folders and email chains. A document that governs millions in committed spend, sitting in a place no one looks until something breaks.

Brandon Card saw this gap up close at Oracle, IBM, and Microsoft. Companies signing thousands of contracts a year, each one 300 to 400 pages, with no reliable way to know what was in them. Finance couldn't see it. Procurement couldn't act on it. The data was there. Nobody could read it.

That's the problem Terzo is built to solve.

Grit Daily sat down with Brandon to dig into how it started, why legacy CLM tools failed finance and procurement, and how Terzo's AI-powered platform (now including NirvanAI) is turning contract data into a financial asset enterprises can actually use.

Contracts are capital. Most companies still treat them like filing cabinet contents.

Read the full feature on Grit Daily HERE.

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