Frankly Friday Episode 1
Topic: Contract Analytics & Reports: Improve Your Contract Management Strategy with AI
March 27th, 2020 | 11am-11:45am ET
A study by Genpact found that organizations may experience as much as a 10% expansion in deal-specific revenue and 15% higher benefits through contract analytics.
The “it” factor in contract management is contract analytics with reports that are effectively available and easy to understand while providing the correct data to the right people at the right time.
In our first Frankly Fridays episode, Zycus’s Co-Founder, Arthur Raguette with Senior Solutions Engineer, Braden Robinson will discuss and demonstrate how your peers are leveraging Artificial Intelligence techniques to generate insights and reports within the CLM software you invest in to acknowledge ROI as quickly as possible.
In this open forum for AI-powered CLM, we will discuss:
- What’s possible with AI with regards to contract analytics– with remote live demos using YOUR contract samples;
- Extracting Contract entities (e.g. renewals, expiration, terms, payments, delivery, price, volume discounts, rebates quantity, etc) for proactive review of contract performance;
- How can we analyze contracts not just in a way that saves money, but that allows us to optimize our deals for revenue, and performance;
- How to identify any potential gaps to ensure contract pricing and performance obligations are met by the contracting parties.
