In the complex and intricate world of contract management, the paramount importance of accuracy, consistency, and security in contract drafting cannot be overstated. Traditional contract review processes, characterized by their manual and labor-intensive nature, are riddled with complexities and risks.
These methods need to be improved in the face of evolving business needs and the growing sophistication of contracts. The nature of manual reviews, prone to human error and oversight, can lead to significant legal and financial repercussions.
This white paper highlights the risks associated with traditional methods and examines the urgent need to transform contract management using Artificial Intelligence (AI).
