Many procurement teams are exploring AI as a way to move beyond basic contract retrieval and toward intelligent, outcome-oriented uses of contract data. Add in an orchestration layer, and the resulting contract lifecycle management (CLM) solution has the potential to improve accuracy, usability, and scalability.
In this AOP Live session, we were joined by Hal Wechter, C.P.M. - Director of Procurement at Rocket Software, Navin Maharijiyan, Head of Customer Community at Agiloft, and Linda Chuan, Chief Value Officer & Chief of Staff to the CFO, Co-Founder, Box, to talk about how procurement’s utilization of AI-enabled CLM is starting to rival even legal’s.
The discussion drew on real-world examples to explore how self-service access to contract information is changing the way legal, procurement, finance, and operations teams engage with the data, reducing bottlenecks and improving commercial outcomes.
Navin, Linda and Hal answered live questions about:
Common AI use cases and workflows that fall within the typical contract lifecycle
What ‘data availability’ means in the context of agreements and how wider access is increasing company-wide understanding of commitments
The value of standardizing contract terms, especially for the sake of obligation management and exposure assessment
