While 2023 was not necessarily a transformative year for the typically innovative area of contract lifecycle management (CLM), it did lay the groundwork for the market’s future. Of course, much of this is due to generative AI (GenAI). Many CLM providers unveiled GenAI-based chatbots throughout the year, with some also developing/releasing more advanced features. Accordingly, decisions that are being made behind the scenes today are greatly impacting the long-term outlook for the CLM market. Between GenAI, changing end-user dynamics and resulting shifts in vendors’ roadmaps, it is universally understood that the next five years will bring major changes to the market. Nevertheless, based on conversations with vendors and practitioners, it is also clear to me that people don’t quite agree on how CLM should serve customers going forward. The post Predictions for the future of the CLM market appeared first on Spend Matters.
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Smart Contracts, Smarter Professionals: Professionals can now streamline contract management with AI-powered CLM tools. AI-Powered Contract Life Cycle Management (CLM) tools can compare contracts and documents, with each other and model contracts. Imagine effortlessly assembling contracts using customized templates, while the AI system comprehends and analyzes the content of these documents in a fraction of the time it would take a human. Explore how AI-powered CLM tools transform how professionals navigate contracts: https://lnkd.in/dgib9e_T
Smart Contracts, Smarter Professionals: Navigating the Future with AI-Powered CLM Tools | Article
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Smart Contracts, Smarter Professionals: Professionals can now streamline contract management with AI-powered CLM tools. AI-Powered Contract Life Cycle Management (CLM) tools can compare contracts and documents, with each other and model contracts. Imagine effortlessly assembling contracts using customized templates, while the AI system comprehends and analyzes the content of these documents in a fraction of the time it would take a human. Explore how AI-powered CLM tools transform how professionals navigate contracts: https://lnkd.in/dgib9e_T
Smart Contracts, Smarter Professionals: Navigating the Future with AI-Powered CLM Tools | Article
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Smart Contracts, Smarter Professionals: Professionals can now streamline contract management with AI-powered CLM tools. AI-Powered Contract Life Cycle Management (CLM) tools can compare contracts and documents, with each other and model contracts. Imagine effortlessly assembling contracts using customized templates, while the AI system comprehends and analyzes the content of these documents in a fraction of the time it would take a human. Explore how AI-powered CLM tools transform how professionals navigate contracts: https://lnkd.in/dgib9e_T
Smart Contracts, Smarter Professionals: Navigating the Future with AI-Powered CLM Tools | Article
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Smart Contracts, Smarter Professionals: Professionals can now streamline contract management with AI-powered CLM tools. AI-Powered Contract Life Cycle Management (CLM) tools can compare contracts and documents, with each other and model contracts. Imagine effortlessly assembling contracts using customized templates, while the AI system comprehends and analyzes the content of these documents in a fraction of the time it would take a human. Explore how AI-powered CLM tools transform how professionals navigate contracts: https://lnkd.in/dgib9e_T
Smart Contracts, Smarter Professionals: Navigating the Future with AI-Powered CLM Tools | Article
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Smart Contracts, Smarter Professionals: Professionals can now streamline contract management with AI-powered CLM tools. AI-Powered Contract Life Cycle Management (CLM) tools can compare contracts and documents, with each other and model contracts. Imagine effortlessly assembling contracts using customized templates, while the AI system comprehends and analyzes the content of these documents in a fraction of the time it would take a human. Explore how AI-powered CLM tools transform how professionals navigate contracts: https://lnkd.in/dgib9e_T
Smart Contracts, Smarter Professionals: Navigating the Future with AI-Powered CLM Tools | Article
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Contract Sage is Live! Greetings Linked In! I’m happy to announce that my “heads down” work over the past 9 months has reached a point where I feel comfortable sharing it. Over that time, I’ve been developing (along with a small team) a revolutionary, AI-powered Saas solution called Contract Sage. Today, I’m thrilled to announce that Contract Sage is available for Early Access. Say hello to Contract Sage, a game-changing AI-powered SaaS solution that revolutionizes contract management. We bring the power of AI to every business, regardless of size or budget. With our intuitive platform, you can bid farewell to laborious manual processes and embrace efficiency and accuracy. Our intelligent AI algorithms effortlessly navigate the dense legal jargon, extracting vital insights, identifying risks, and highlighting potential compliance issues. Empower your organization with Contract Sage and level the playing field in the intricate world of commerce. Learn more at https://contractsage.com This all started as a result of working with companies in the technology consulting space. In short, no company I worked with had a clear understanding of their current obligations and contractual limitations. This made it quite challenging to develop a roadmap to digital transformation since we had such a hard time figuring out the current “state of the ship”. In other words, it’s difficult to plot a course when you don’t know where you are! About 9 months ago, I got fed-up and started developing a solution. With the huge splash caused by AI in late 2023, it became obvious that the solution should be able to ingest a contract and automatically provide meaningful insights. So, this is what we’ve built (in a nutshell). Visit https://ContractSage.com to learn more. Or, reach out to me directly on Linked In.
Revolutionizing Contract Management with AI & ML
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There's no such thing as a free lunch, but there is such thing as a free e-Book from us at Summize 📖💡 Your complete guide on AI & CLM is available for you to download right here: https://lnkd.in/eTRvwHW7 Don't say we never give you anything! #clm #contractlifecyclemanagement #ai #legaltech
AI & CLM: The Complete Guide
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I help in-house teams to streamline the contract lifecycle without ditching their existing tech stack
As we enter the Age of #AI, the #clm market has become quite saturated - it can be difficult to know where to begin when exploring solutions, let alone when selecting the right one for your business. Summize's latest #ebook, AI and CLM - The Complete Guide' can help provide an overview of the CLM landscape, understand the stages and impact of AI evolution & provide unique insights from industry experts. Ready to download today: https://lnkd.in/eTRvwHW7 📖
AI & CLM: The Complete Guide
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📢 Artificial Intelligence, Generative AI, Large language models (LLM), ChatGPT, GPT-4, OpenAI, TLDR, Machine Learning, AI Algorithm... 📢 All 'buzzwords' Legal teams hear about during #CLM demos. We've broken down how AI is being utilized in the market, what to look out for and which use cases can be the most impactful. #AI #CLM #Contracts #LegalTech #InHouseLegal
AI & CLM: The Complete Guide
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🐢 What is the impact of contracting in the #innovation process? Once a partner is identified after a scouting process, onboarding a new #partnership in a large organization can take several months. This affects our time to market and can erode the relationship when not managed well. The typical bottleneck is the contracting process, especially during negotiation and execution. #AI is a perfect use case for accelerating the process; the article below shows a good example. I eagerly await non-disclosure agreements that can be executed in minutes via AI negotiation agents.
Docusign's next act: Changing how businesses create, manage and analyze contracts
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