Zycus recognized as a ‘Strong Performer’ in The Forrester Wave™: Contract Lifecycle Management, Q2 2023  Read More

A quick run-through of the ACC Legal Operations event—Using Analytics to Improve Contract Lifecycle Management

A quick run-through of the ACC Legal Operations event—Using Analytics to Improve Contract Lifecycle Management

Zycus recently participated in the ACC Legal Operations event (format: Shark Tank) on Analytics and Contract Lifecycle Management in Chicago on 5th June 2017.

The event witnessed leading contract analytics providers talk about how contract management systems optimize operations and drive continuous improvement. They discussed how the latest AI-based developments in contract analytics improve contract lifecycle management.

Next-generation contract management systems, such as Zycus iContract, provide great insights into the post-award phase of a contract’s lifecycle. Such insights are imperative to track obligations, optimize compliance, and minimize risks. This improved visibility into each of your contracts enables you to:

  • Use data from existing contracts to build more robust contracts in the future
  • Renew only the well-performing contracts
  • Identify and correct contract non-performance

Post-award contract analytics offers benefits such as increased revenue and performance with lower risks by allowing you to:

  • Minimize revenue leakage by tracking utilization against contract values
  • Threshold trigger notifications for revenue optimization or re-negotiations
  • Leverage old contracts and common performance criteria
  • Create performance analysis based on old contracts to track external party performance over time
  • Drive risk analysis and risk prediction

Practical application of AI to optimize post-award contract management is a great intersection of leading-edge business practices with cutting-edge technology.

The event ended with a sneak peek into Zycus iContract’s capabilities to perform post-award analytics efficiently.


Mr. Panchal is the Vice President at Zycus. An ardent promoter and practitioner of Theory of Constraints and CCPM, Digesh brings with him deep domain expertise from his long and rich personal experience in manufacturing. In his prior stint at Verdantis, he has led highly complex implementations of Master Data Management solutions for multiple master domains, across various industries and varied deployment models. As a forward-thinking leader with extensive experience in the design, development, testing, and rollout of cutting-edge B2B SaaS solutions, Digesh excels at driving the day-to-day operations of complex enterprises to produce turnarounds. At Zycus, Digesh is responsible for building a best-in-class AI-driven Enterprise CLM software and drive market traction.
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