Why Treating Contracts as Financial Assets Changes How Enterprises Manage Supplier Spend
Los Angeles, United States - October 9, 2026 / Terzo /
LOS ANGELES, Calif., August 27, 2026. Terzo, an enterprise AI platform that extracts financial intelligence from contracts and supplier documents, was featured in a Grit Daily profile examining how large organizations lose visibility into financial obligations buried within their own agreements.
The article, "The $3 Trillion Problem Hiding in Your Contracts: How Brandon Card Built Terzo to Fix It," written by Spencer Hulse, outlines Terzo's method of applying AI extraction combined with human verification to unstructured contract documents, converting them into structured, audit-ready data for finance, procurement, and legal teams.
"An LLM can turn $1 million into $3 million if it misses context across related documents. In finance, that is not a bug. That is a catastrophe," said Brandon Card, founder and CEO of Terzo, in the Grit Daily interview.
Terzo's approach to contract data
Founded in 2020, Terzo operates across the United States, Canada, and India, serving Fortune 500 enterprise customers in finance, legal, IT, supply chain, sales, and procurement. The platform pairs AI-based document extraction with human verification to convert unstructured contracts into structured, audit-ready records.
That extraction process runs through Document AI, which combines natural language processing, computer vision, and human review to process contracts, invoices, and purchase orders. The resulting data feeds Contract Intelligence, giving finance and procurement teams a single dashboard for renewal tracking, clause libraries, and contract hierarchy across supplier agreements.
The full profile is available on Grit Daily.
About Terzo
Terzo is an AI financial intelligence platform that identifies money enterprises lose across their third-party and supplier spend ecosystem, including contracts, invoices, purchase orders, and renewals. Founded in 2020, Terzo operates in the United States, Canada, and India.
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