Contract management has become one of the most strategic – yet complex – functions within any organisation. Lengthy contract cycles, constantly evolving regulations and the growing risk of value erosion make the role of the contract manager increasingly demanding.
According to the latest WorldCC (World Commerce & Contracting) report, only 8% of companies have invested in integrated contract management capabilities. This is where artificial intelligence (AI) comes into play, transforming what has traditionally been perceived as an “administrative” task into a genuine accelerator of strategic value.
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