AI-Based Contract Management: What to Look for and How to Get Started

Many sales operations and procurement departments struggle to find practical solutions for handling contracts. In fact, recent studies show these teams spend as much as 65% of their time on administrative tasks alone, such as preparing documents.

Comprehensive contract lifecycle management (CLM) solutions automate and standardize processes, decreasing risk and manual work — and giving sales and procurement specialists back their time to do what they do best for their businesses: spark opportunities, cultivate partnerships, and ignite revenue generation.

However, not all AI-enabled contract management solutions are created equal. This quick start guide focuses on the AI features you need to accelerate pre- and post-signature contract management and provides the expert advice required to get started.