CONTRACT MANAGEMENT
solution for optimising complex business processes,” adds Alpa Jain, a senior product manager in Microsoft Digital.
“ As Xbox continues to expand its use across a wider range of contract types, we are committed to introducing new technical advancements that will contribute to the platform’ s growing autonomy, adaptability and sophistication.”
The future of contract management Microsoft’ s comprehensive approach to contract automation, spanning negotiation, analysis, processing and compliance, positions organisations to achieve operational excellence while reducing costs and risks. As these case studies demonstrate, Microsoft’ s AI-powered solutions are not just improving existing processes but fundamentally reimagining how contracts are managed in the digital age.
The consistent theme across all implementations is clear: Microsoft’ s technology is enabling organisations to move from manual, error-prone processes to intelligent, automated systems that deliver measurable business value while enhancing accuracy and compliance.
According to Weshare, the automation of contract management processes accelerates negotiation cycles by half the time that it usually takes( 50 %). Aside from that it also reduces inaccurate payments by 75 % to 90 % which keeps finances away from more risk. procurementmag. com 117