Fast Tract
As contract lifecycle management (CLM) tools evolve, organizations are increasingly recognizing the strategic value of contract intelligence platforms. With AI transforming the way businesses manage legal agreements, the stakes are higher than ever—especially given that contracts govern 60–80% of business operations, according to WorldCC. However, realizing value from contract intelligence requires more than just technology—it…
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Fast Tract
From Legal Ops to CLO Innovation: How Ferring’s Contracting Strategy Is Shaping the Future
As organizations face mounting pressure to modernize legacy processes, legal departments are transforming into broader strategic partners. At the intersection of digital transformation and legal innovation lies contract lifecycle management (CLM), a function increasingly viewed as a business-critical discipline. According to a McKinsey report, companies that optimize CLM processes can reduce contracting cycle times by…
Fast Tract
Common Language, Better Contracts: NCMA’s Mission to Modernize Government Procurement
As the complexity of federal contracting deepens with each new regulation, executive order, or technology shift, agencies are searching for clarity and cohesion. With AI and digital transformation taking center stage across public and private sectors alike, the stakes have never been higher—especially when it comes to making taxpayer dollars count. According to the U.S….
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Beyond Legacy: How “Heritage Data” is Transforming Contract Success at Scale
As AI reshapes enterprise operations, one of the most overlooked assets in digital transformation is a company’s contract history. These “heritage” agreements, once deemed outdated or archival, are now emerging as a goldmine of operational insight—especially when powered by AI-driven contract lifecycle management (CLM) tools. With nearly 60% of executives believing that contract data is…
Fast Tract
Reimagining CLM: Alistair Maiden on Human-Centered Contracting in the Age of AI
As enterprises continue their digital transformation journeys, contract lifecycle management (CLM) is at a pivotal intersection of technology and user experience. Despite rapid advances in AI-enabled contracting platforms, many organizations still struggle with disengaging, manual processes that frustrate stakeholders. According to World Commerce & Contracting, poor contract management can cost businesses up to 9% of…
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Complex AI Software Should Be Delivered as a Managed Service
Artificial intelligence software is increasing in complexity. Delivery models typically include traditional licensing or a managed service approach. The structure used to deploy these systems can influence how they operate in production environments. The CEO of Amberd, Mazda Marvasti, believes platforms at this level should be delivered as a managed service rather than under…
High Hyperscaler GPU Costs and Infrastructure Limits Drove Move to QumulusAI for Fixed-Cost AI Services and Greater Flexibility
Providing managed AI services at a predictable, fixed cost can be challenging when hyperscaler pricing models require substantial upfront GPU commitments. Large upfront commitments and limited infrastructure flexibility may prevent providers from aligning costs with their delivery model. Amberd CEO Mazda Marvasti encountered this issue when exploring GPU capacity through Amazon. The minimum requirement…
AI Enables Faster Business Decisions, Giving Startups an Edge Over Traditional Companies
Speed in business decisions is becoming a defining competitive factor. Artificial intelligence tools now allow smaller teams to analyze information and act faster than traditional organizations. Established companies face increasing pressure as decision cycles shorten across industries. Mazda Marvasti, CEO of Amberd, says new entrants are already using AI to accelerate business decisions. He…
Amberd Delivers Real-Time Business Insights, Cutting Executive Reporting From Weeks to Minutes With ADA
Many organizations struggle to deliver real-time business insights to executives. Traditional workflows require analysts and database teams to extract, prepare, and validate data before it reaches decision makers. That process can stretch across departments and delay critical answers.. The CEO of Amberd Mazda Marvasti states that the cycle to answer a single business question…
