How To Utilize AI for Contract Review Processes

    By Sean Heck on 03/28/23

    reading-minutes-icon-one-color 3 min read

    Conversations about artificial intelligence in a business setting are important. According to a study performed by MIT Sloan Management Review, over 80% of organizations see AI as a vehicle for strategic opportunity. Additionally, 85% of organizations view AI as a means for competitive business advantages.1

    This interest in – and implementation of – AI applies to legal teams and other contract managers as well. Manually managing and reviewing an ever-increasing number of contracts of varying complexity is stressful and inefficient. But it does not have to be.

    Organizations can improve contract review with AI-powered contract management software.

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    What is AI-Based Contract Management?

    By Sean Heck on 01/26/23

    reading-minutes-icon-one-color 4 min read

    Business automation is already sharpening professional methods across a variety of industries.  However, advancements in AI (artificial intelligence) can be particularly advantageous as they apply to contract management software systems. Contract intelligence engines built upon a foundation of machine learning just need to be fed a nutritious diet of relevant contract data.

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    4 Ways a Proper Electronic Contract Improves Contract Management

    By Sean Heck on 11/22/22

    reading-minutes-icon-one-color 3 min read

    Traditional paper contracts were replaced long ago by better contract processes. The paper document has been foregone in favor of digital contracts. However, not all computer-based contract management processes are created equal.

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    6 Vital Government Contract Management Tools for 2023

    By Sean Heck on 11/21/22

    reading-minutes-icon-one-color 4 min read

    As a government contract manager, it's helpful to stay up-to-date with the latest government contract management, purchasing, and sourcing tools - especially as the industry keeps evolving through 2023 and beyond. 

    Read on to discover six user-friendly government contract management software tools you can leverage to streamline your public contracting processes.

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