Automated Compliance Risk Monitoring for Contracts

This workflow automates the daily monitoring and analysis of legal and regulatory compliance risks affecting corporate contracts. It begins with a scheduled trigger every weekday morning to ensure proactive oversight. Key nodes set compliance thresholds, jurisdictions, and contact information for the legal team. The workflow then employs multiple HTTP request nodes to fetch the latest legislation and regulatory updates from the EU, US, and UK sources. It retrieves active contracts from a PostgreSQL database and performs an in-depth risk analysis through a custom code node, assessing the potential impact of new legal changes on current agreements. Based on the analysis, the workflow filters issues into critical, high, or medium risk categories. It automatically sends detailed email alerts using Gmail nodes tailored for each risk level, including emergency legal review requests for critical issues. All findings are logged into a Google Sheet for audit and review purposes. This comprehensive setup ensures legal teams can respond swiftly to evolving compliance requirements, reducing legal exposure and maintaining regulatory adherence across jurisdictions.