CONTRACT MANAGEMENT
Moving beyond traditional negotiations with AI When it comes to the implementation of AI in contract renewal, Ard explains that it does two things really well – creating clarity in complex data and automating the repeatable parts of the process.
“ It connects the dots across spend, supplier performance, risk signals and contracts( which are often spread across multiple systems) and turns that into actionable intelligence,” says Ard.
“ Instead of starting a negotiation with spreadsheets and assumptions, teams can now walk in with a fact base. They know what’ s changing in demand, where pricing is drifting, which sites are exposed and what alternatives are viable.”
AI can also take the heavy admin out of negotiations, speed up tasks like drafting RFx documents and summarising proposals.
“ We have tested autonomous negotiation bots for repetitive, transactional and commoditised spend and are using GenAI to speed up tasks,” says Ard,“ This frees our people to focus on the work that really creates value. This includes building supplier partnerships, managing risk, driving innovation and improving total cost.”
However, Ard warns that it’ s important to remember that AI only delivers at scale when it sits on solid data foundations and clear governance.
“ When it’ s used well, it doesn’ t replace human judgment. Instead, it raises the quality and speed of decisionmaking,” says Ard.
50 July 2026