How to Build: TermGuard: Auto-Renewal Watchdog & Cancellation Execution

The Opportunity

A contract intelligence and action engine that parses vendor agreements to extract renewal terms, notice windows, and exact cancellation channels. It creates deadline calendars, prepares compliant notices, and executes them via the required channels (certified email, mail, portal submissions, even fax) using RPA with full proof-of-delivery. It also runs pre-renewal seat audits to downsize spend and provides downgrade playbooks with vendor-specific negotiation tactics. Immediate ROI: avoid auto-renew traps and cut unnecessary licenses without legal wrangling overhead.

Why This Idea Works Now

Missing a 30–90 day cancellation window can lock agencies into 6–12 months of unwanted spend.

Week-by-Week Development Plan

Tech Stack Recommendation

Scalable Stack: React + Node.js + PostgreSQL + AWS

Balance of flexibility and proven technology.

MVP Features You Must Have

• Contract OCR and clause extraction with confidence scoring
• Calendarization and escalation reminders across teams
• Notice generation with vendor-specific templates and citations
• Multi-channel execution (email, mail, portal, fax) with RPA and tracking
• Immutable audit trail and evidence vault (timestamps, receipts, screen captures)
• Pre-renewal seat/license audit and downgrade recommendations
• Vendor negotiation playbooks and outcome tracking
• API/CSV sync with procurement and AP systems

Pricing Strategy

Based on market research, customers are willing to pay $199-799 per month for this solution.

Customer Acquisition Strategy

1. Target Market: Legal & Professional Services experiencing this specific problem
2. Initial Outreach: Find where your customers hang out online (forums, Reddit, LinkedIn groups)
3. Content Marketing: Create valuable content around the problem you're solving
4. Early Adopters: Offer lifetime deals to your first 10-20 customers
5. Case Studies: Document success stories from early users

Potential Challenges to Consider

• Ensuring legal sufficiency of notices across jurisdictions
• Maintaining automation for vendor portal UX changes
• Obtaining proper authorization (POA) to act on behalf of clients
• Ensuring certified delivery and reliable proof retention

Ready to Start Building?

This moderate-level project could be generating revenue in 10 days. The market demand is strong, and competition is minimal.