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Working From Home Underscores Need For Contract Management

Big Stack of papers in folder

June 10, 2020

To facilitate informed decision-making, a company’s contracts need to be understandable and potentially accessible across multiple areas of the organization. “Far too often, however, opportunities are missed, milestones are skipped over, and revenues are lost, because of the poor management of contracts.” says this post from ContractPodAI. The writer makes the case for the benefits of cloud-based and AI-powered “contract abstraction and migration” for legal teams, particularly in the current circumstance, with most or all of the work being done by people working from home.

 

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