PROMISE VS. REALITY: is AI the future of CLM?

In the contracting world, Artificial Intelligence (AI) is everywhere – and it’s here to stay.  If you’re looking to modernize your contracting processes with Generative AI (GenAI) but are not 100% sure whether you should trust it, or have no idea where to start, this comprehensive guide can help. It breaks down the stages of the contract lifecycle, illustrating exactly where Gen–AI can be beneficial and how it can help reduce your “to-do” list.

What this exclusive content highlights:

  • Practical applications of AI at every stage of the contract lifecycle
  • Automation of mundane tasks to improve administrative and operational efficiency
  • Risk mitigation using AI for standardization
  • Building your AI dream team for effective implementation and beyond

Don’t get left behind. Get your copy now and ensure that your organization’s use of Gen-AI transforms your business by accelerating revenue growth, reducing operating costs, and minimizing risks.

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Whats inside:

The gap is in the systems that execute contracts. Sourcing platforms, ERP, accounts payable: none of them are consistently checking whether what's happening matches what was agreed.  

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Only 36% of organizations automatically link sourcing awards to contract terms. 35% say POs are only partially enforced against underlying contracts. 49% describe their invoice-to-contract validation as partial at best.

The shift from legal to procurement — and what it demands 81% of organizations have moved more contract authority toward procurement in the past two years. 93% of companies over $5B in revenue have done so. That authority brings new accountability — and new infrastructure requirements.