Businesses are recognizing the importance of innovation to avoid stagnation, and Artificial Intelligence (AI) is being seen as a transformative force that can significantly improve productivity. Generative AI is proving to be an especially useful tool for streamlining contract management and improving business performance in several ways. Integrating generative AI technology into contract operations can produce significant financial benefits by enhancing productivity, building efficiency and reducing costs. Additionally, it can bring a competitive advantage by enhancing customer experiences.
Source: Fourtune
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