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

Contract Lifecycle Management and Artificial Intelligence: The Future is Now

Contract Lifecycle Management and Artificial Intelligence: The Future is Now

We see numerous applications of Artificial Intelligence (AI) in our day-to-day lives. Be it in the form of voice recognition, predictive analytics, or machine learning—AI has truly opened new vistas of innovation.

Yet, this remarkable field of technology has, so far, made few inroads in tools for legal professionals. In terms of a substantive tool, the introduction of AI into law is just dawning, but as implementation accelerates, the changes that accompany it are potentially dramatic. Perhaps most significantly, it promises to vastly improve the Contract Lifecycle Management (CLM) tools now available to law departments and firms.

New developments will bring life to CLM tools and allow users to discover new relationships and build intelligence around the data available. Our recent article in ACC Docket ‘Contract Lifecycle Management and Artificial Intelligence: The Future is Now’ summarizes some of those opportunities. It explains the uses for AI throughout the contract lifecycle i.e. authoring, storing, and analyzing. Each of these areas allows for the use of cutting-edge automation and AI features.

READ THE ARTICLE to find out the many new applications of AI in CLMs, such as:

  • Pertinent clause suggestion based on the type of contract.
  • Automated sending of warnings, penalties, and debit memos.
  • Intelligence on specific customers, clauses, or issues, derived from the knowledge of previous interactions.

Schedule a demo to learn more about Zycus iContract software for enterprises.

To learn more about AI-based contracting, write to us at info@zycusicontract.com.


Anthony Scannell is the Director of Sales at Zycus, a leading provider of cognitive contract software solutions. With over a decade of experience in the field, he has become a subject matter expert for Contract Lifecycle Management (CLM), helping organizations streamline their contract processes, increase compliance, and reduce risk. Anthony’s expertise in CLM has helped numerous clients achieve their contracting goals and drive bottom-line results. He is known for his deep understanding of the complexities of the agreement process and his ability to present solutions that meet the unique needs of each client. Anthony’s dedication to customer success and his passion for CLM make him an invaluable asset to the Zycus team.
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