In this video, Doug Keeley, Axel, and Paul discuss the transformative impact of AI on contract lifecycle management (CLM). They explore how AI is revolutionizing the field by enhancing operational performance, compliance, and reducing cycle times, among other benefits. The discussion also covers a demonstration of the Ivalua CLM solution, highlighting its capabilities in metadata extraction, risk assessment, and AI-driven contract management.

• AI is revolutionizing contract lifecycle management by enhancing data extraction, risk assessment, and compliance.
• AI-powered tools in contract management can significantly reduce cycle times and operational costs while improving regulatory compliance.
• Future advancements in AI within contract management aim to simplify user experiences and increase efficiency through features like real-time collaboration and generative AI integration.