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Contract management software that uses artificial intelligence (AI) can identify contract types based on pattern recognition. AI contracting software trains its algorithm on a set of contract data to recognize patterns and extract variables such as clauses, dates, and parties. It also offers simple prediction capabilities, by sorting through a ...
Contract management or contract administration is the management of contracts made with customers, vendors, partners, or employees.Contract management includes negotiating the terms and conditions in contracts and ensuring compliance with the terms and conditions, as well as documenting and agreeing on any changes or amendments that may arise during its implementation or execution.
Ironclad is a software as a service company that makes contract management software. Founded in 2014 and headquartered in San Francisco, California, Ironclad provides a platform for legal and business teams to create, store, and manage contracts online in a process known as contract lifecycle management. [1]
Contract lifecycle management (CLM) is the proactive, methodical management of a contract from initiation through award, compliance and renewal. Implementing CLM can lead to significant improvements in cost savings and efficiency. [1] Understanding CLA and using contract lifecycle management software to automate CLM processes can help to limit ...
Icertis Contract Intelligence (ICI) Employees. 1,700+ [5] URL. www .icertis .com. Icertis is an American privately owned software company that provides contract management software to enterprise businesses using a software-as-a-service model. [1] The company, which was founded in 2009, is headquartered in Bellevue, Washington.
A management contract is an arrangement under which operational control of an enterprise is vested by contract in a separate enterprise that performs the necessary managerial functions in return for a fee. Management contracts involve not just selling a method of doing things (as with franchising or licensing) but actually doing them.
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