TermGuard: Auto-Renewal Watchdog & Cancellation Execution

Legal & Professional Services
🔥
10/10
Demand Score
Missing a 30–90 day cancellation window can lock agencies into 6–12 months of unwanted spend.
🌊
9/10
Blue Ocean
Competition Level
💰
$199-799
Price/Month
Predicted customer spend
⏱️
10 days
Time to MVP
Difficulty: Moderate

The Problem

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 not

🔗 Validated by Real User Complaints

This problem has been verified through 5 real user complaints:

Competitor Landscape

  • Vendr
  • Tropic
  • Zylo
  • Ironclad (CLM)
  • LinkSquares
  • ContractWorks

Must-Have Features for MVP

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

⚠️ Potential Challenges

  • 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

Risk Level: High

🎯 Keys to Success

  • Auto-renewal avoidance rate >95% for tracked contracts
  • Average license reduction 15–30% via seat audits
  • 100% auditable proof-of-delivery on executed cancellations
  • Time spent per cancellation <15 minutes
  • Dispute reversal success rate >50% when vendors attempt to enforce improper renewals

Ready to Build This?

This moderate-difficulty project could be your next micro-SaaS success.