How can businesses manage contracts more efficiently while reducing risks and saving time? The answer lies in Artificial Intelligence (AI). AI is changing the landscape of contract management, automating complex processes and enabling smarter decision-making. In a recent podcast, two industry experts explored how AI is reshaping contract intelligence and what the future holds for this technology. Our recent podcast in Cloudely Conversations Series highlighted this evolution.
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Meet the Speakers
- Madhuri Desu – A technology leader with over 15 years of experience, specializing in program management and enterprise software.
- Niraj Ittan – An expert in AI-driven automation and contract intelligence solutions.
Their discussion shed light on how AI is revolutionizing contract intelligence and where the industry is headed next. Watch the full podcast here:
AI in Contract Management – What’s Changing?
Contracts are the foundation of business transactions, and managing them efficiently can save time, reduce risks, and optimize revenue. Traditionally, contract management involved manual work, but AI is now automating key aspects, from metadata extraction to compliance monitoring.
The conversation highlighted the next era in Contract Management: Agentic AI. Unlike traditional AI, which follows preset rules, agentic AI can operate autonomously, making decisions and optimizing workflows dynamically.
We are moving from rule-based AI to systems that can understand, predict, and act with minimal human input. That’s a game-changer for contract intelligence
Key Takeaways
- AI is streamlining contract management, reducing manual work and increasing deal velocity.
- AI-powered contract analysis tools are already enhancing compliance and risk mitigation.
- The next big leap is agentic AI, which will enable autonomous decision-making in contract negotiations.
Get Started with AI-Powered Contract Management
As AI continues to evolve, businesses that adopt intelligent contract management solutions will stay ahead. Want to implement AI-driven contract intelligence for your business? Imagine an AI that not only identifies risks in a contract but also negotiates terms based on company policies. That’s the future we’re building at Cloudely Inc. Contact us at hello@cloudely.com for your contract management requirements.