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Considering that 40% of companies fail to meet their sales targets, it is easy to see why organizations are curious about whether AI can help them close more deals and ramp up revenue.

Generative AI has immense potential to reshape how lawyers draft and manage contracts. However, it needs to be implemented with caution and, most definitely, needs a detailed policy outlining its usage to ensure safe and ethical contract management practices.

With AI, contracts can be created in under 5 minutes, drastically reducing the time required for due diligence and enabling faster deal closures.

Clickwrap agreements are structured to mitigate compliance risks by helping legal teams establish undisputable acknowledgement of T&Cs and successfully enforce contractual terms.

Struggling with an inefficient contract generation process? Here are 5 ways to efficiently generate contracts, without compromising on risk mitigation.

While CRM is beneficial for basic contract management processes, it becomes counterproductive when companies begin to onboard complex contracts at scale.