The new world in AI-powered contracts

Amanda Lester

April 16, 2019

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Unless you’ve been living under a rock, you’ve probably heard about the Fourth Industrial Revolution. And if you’ve heard of it, you know we’re right on the cusp of it. Artificial intelligence (AI), robotics, and the Internet of Things (IoT) are transforming the way we live and work, and in particular, the customer experience. This change is prevalent in products and services that we use in our everyday lives, from being able to change our TV channels via voice command, autonomous driving cars, and smart home devices that keep us connected at all times. Underpinning all of these exceptional customer experiences is advanced software that includes forms of AI.

The modern workforce is catching on to the efficiencies made possible by AI, and companies are enlisting its help to digitally transform the often cumbersome contract lifecycle management (CLM) process. AI is advancing contract management specifically where data is concerned—contract administrators and general counsel are learning how to leverage the data within contracts to uncover key business insights.  

Learn more by watching a webinar with IACCM’s president, Tim Cummins, and Conga’s head of AI strategy, Jason Gabbard, where they discuss how companies are adding intelligence to their business processes to enable a more efficient and effective workforce. Tim and Jason dive deeper into the fourth industrial revolution, current AI technologies, and how AI is being applied in business today to create smarter organizations. They’ll also make the distinction between the real-life capabilities and applications of AI on CLM, versus what many incorrectly believe to be true.

Watch now: Robotic CLM—separating fact from fiction.

Amanda Lester

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