How AI impacts your contract management process - separate fact from fiction

Presented by

Nick Mandelstein, Sr Director of Sales - AI, Conga

About this talk

We see a trend with AI software companies claiming their technology is the one-stop solution to fix the contract team’s inefficiencies. We are here to say it’s not (even though we are one). AI does drive efficiencies, like automating manual tasks (i.e., annotating post-signature terms) but it’s not a magic wand that fixes all of your problems. How do you separate fact from fiction? In this webinar, we'll cover: - Why AI is imperfect and what that means for the legal industry (I.e., how an 84% accurate algorithm could cost you millions) - How contract managers maintain a database for ever-changing contract templates - How attorney-trained AI models power aggregate visibility into contract obligations for effective tracking and jeopardy management

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Conga helps businesses simplify and automate their approach to the essential quotes, contracts, and documents that drive global commerce. Companies choose Conga for the most comprehensive solution set in the market and our expert guidance. We enable them to transform the processes and documents surrounding customer engagement, configure price quote (CPQ), contract lifecycle management (CLM), and the complete commercial operations lifecycle.