Current Situation
CLM applications have broadly adopted AI to support metadata search, clause and key-term identification, inline and real-time document authoring, and obligations management.
Goals and Objectives
The application of GenAI provides the ability to more fully leverage automation and supports activities such as near-immediate risk identification, contract summaries, extraction of key contract attributes, persona-driven experiences, risk dashboards, clause and language recommendations, and risk recommendations.
Technology Deployed
Enterprise hardware, personal devices, cloud, big data/analytics, mobile, applications, connectivity services, cognitive, next-generation security
Use Case Summary
Full enterprise contract visibility supports more efficient contract intake, authoring, approval, predictive milestone notifications, obligations optimization opportunities, and contract performance reviews.