CONTRACT MANAGEMENT Bridging the gap with AI and obligation management Accor’ s journey mirrors a broader trend in procurement: the move towards turning static contract commitments into structured, actionable data. IBM highlights that AI technologies can analyse contract documents, extract key clauses and organise large repositories into structured data. This enables professionals to quickly locate critical information and identify potential risks.
Andy Wishart, Chief Product Officer at Agiloft, highlights the necessity of this shift:“ Enterprises today manage thousands of contracts and the cost of missed obligations – whether penalties, compliance failures or missed revenue – is staggering. With our new Obligation Management capabilities, we are giving enterprises data-rich tools for modern business transformation: to turn every contractual commitment into actionable insight, capture real business value, mitigate risk and turn obligations into measurable outcomes.”
By embedding AI throughout the contract lifecycle, organisations can now operationalise contracts at scale. Modern tools such as the Agiloft Integration Hub allow procurement teams to sync obligations with performance metrics, financial systems and CRM tools, creating a 360-degree view of contractual duties.
This vision was recognised in the 2025 Gartner Magic Quadrant for CLM, marking Agiloft’ s sixth consecutive year as a Leader. Recent advancements, including the acquisition of Screens in January 2025, have further expanded generative AI capabilities.
procurementmag. com
121