CONTRACT LIFECYCLE MANAGEMENT
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Digitise
Contract Lifecycle Management
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Intelligent Contract Setup |
Contract Operations |
Governance , Risk & Complicance |
Reporting & Dashboards |
Advance
Advanced Analytics & AI Applications
Discover AI Negotiate AI Visualise AI AI Studio
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Optimise
Business Applications
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Collaboration Portal |
Obligation Management |
Rebates & Growth Incentives |
Supplier Diversity Management |
Risk Management |
Clinical Trials Management |
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Integrate
Experiences & Integrations
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“ Contract Intelligence applies AI to structured and connected contract data , and integrates that data with major software systems ”
BERNADETTE BULACAN CHIEF EVANGELIST , ICERTIS
General Counsel of Serengeti Law , which created a leading e-billing and matter management platform .
Her career has seen a trajectory of different technologies , helping legal teams cogitate over how to leverage tech to augment both the practice and business of law . Currently focused on digitally transforming enterprises with CLM , Bulacan dives straight into the newest wave .
Where CLM and AI meet , contract intelligence is born “ Contracts are the foundation of commerce , and play an essential role in every company ’ s digital transformation ,” she says . “ The data from contracts offers one of the largest untapped opportunities to positively impact revenue , costs , compliance , and risk – vital outcomes in the current business environment .
“ CLM technology continues to gain widespread adoption ; however , forwardlooking businesses are moving beyond simple CLM into contract intelligence , which applies AI to structured and connected contract data , and integrates that data with major software systems like a company ’ s ERP to go beyond pre-signature efficiencies in terms of value .”
Contract intelligence connects critical data processes that drive strategic outcomes across the enterprise and ensures the intent of commercial agreements is fully realised . procurementmag . com 59