Contract Analytics: The Key to Unlocking the Business Value Within Contracts for All Stakeholders
Contract analytics are the key to unlocking the business value within contracts. Contract analytics make it possible to efficiently search large volumes of contracts, rapidly review all contracts to answer specific questions and review inbound (third-party) contracts to ensure compliance with business policies and industry regulations. In this white paper, Spend Matters, a leading expert for sourcing, procurement and supply chain management explains the benefits of contract analytics and how they compare to contract lifecycle management(CLM) solutions. The paper outlines three common examples of how AI-powered contract analytics can unlock business value across the entire agreement lifecycle, to help you make the case within your organization.