Docusign’s Post

Next steps with AI https://lnkd.in/g457e2Tb

Reducing contract lead time from 15 days to 5 is amazing regardless of where you sit in the organization. Case studies like this one from Calm are great examples of how the #CLM landscape is changing and more importantly, why! Ironclad #clm #ai

Everyone is talking about AI and Contract Management Automation. But what does that really mean and how can you implement it in your legal team? This blog gives you the foundations you need to do contract automation right. https://lnkd.in/gFxp88Rz #contractautomation #contractmanagement #contractmanager #ai

In many industries, the pandemic changed how businesses interact with their contracts, and we saw many existing trends accelerate, creating a new playing field for contract management. But as organisations continue to digitise their processes, it’s clear that there is still a long way to go. Of course, we saw changes in the market, legal events have been dominated by AI talks and enhanced offerings. But if anything, 2024 is a clean slate. The rapid rise in AI adoption has opened up a new path for contract management, with many CLM vendors altering their product roadmap to develop and release more advanced AI features. Similarly, the outlook from decision-makers on how best to digitise their processes and deliver a meaningful ROI, combined with the global recession is influencing how vendors approach CLM. Changing product roadmaps, shifting user priorities and the adoption of AI will bring major changes to the CLM market in 2024. Check out this article, where we explore the trends that are expected to make the contract lifecycle management process faster, simpler and more efficient for legal teams in 2024: https://lnkd.in/eXUjb7ry #CLM #legaltech #ecosystem #legaltrends

Great breakdown of our new #GenAI redlining capability from Caroline Hill from Legal IT Insider. Read it below:

“AI” has become the buzzword of the century... Echoing in boardrooms, webinars, and industry conferences—it’s easy to dismiss it as just another fleeting trend. Yet, amidst the chatter and the occasional eye roll, the truth stands strong: Artificial Intelligence is not just here to stay; it’s here to redefine, reimagine, and revolutionize the way we navigate the intricate world of contracts. Dive into our latest blog and uncover how AI contract tools are reshaping efficiency, reducing risks, and optimizing workflows in 2024. 💥 https://hubs.li/Q02fRCPN0 #artificialintelligence #ai #clm #loveyourCLM #contractmanagement

"We need a solution like this but the wider business doesn't get it..." "X Y OR Z has final say and they don't want to change the way we are currently doing things despite the potential savings..." These are just a couple of reasons I've heard recently for legal teams not investing in technology that could have a huge potential ROI for their organisations. Typically it's not that the wider business isn't open to change but more so that they can't see how they will benefit. The link in the comments gives some insight into how other stakeholders in your business could specifically benefit from using #legaltech or #CLM. #legal #legalinnovation #roi #ai

🎉 Exciting News Alert! 🚀 We are thrilled to introduce PostSig, Inc. (...think "'Post-Signature' Contract Management") and our cutting-edge AI platform that revolutionizes post-signature contract management--including market data subscription contracts for Capital Markets and beyond. Say goodbye to stress about missing deadlines, getting feedback on clauses from Legal, and other aspects of #procurement that take away from your other work (and personal) life. ✨ #PostSig #ContractManagement #PostSignature #AI #Innovation Learn more >> https://hubs.li/Q02vSPZ60