How does AI affect business objectives around revenue and risk?

June 6, 2023

 

 

Implementing an effective Contract Lifecycle Management (CLM) system has a significant impact on risk and compliance management. It allows organizations to proactively identify risks that may have gone unnoticed and ensures that contractual obligations are being met from a compliance perspective. With CLM, businesses can assess the fulfillment of contract intent, conduct appropriate testing, maintain quality standards, and adhere to service level agreements (SLAs).

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