In the last two years, artificial intelligence (AI) has revolutionized various aspects of contract management, becoming increasingly adopted in legal workflows. AI-powered contract lifecycle management tools, enabling AI contract drafting and AI contract analysis, have the potential to transform the way legal professionals handle contracts.  These technologies offer numerous benefits, including increased efficiency, improved accuracy,

What is SOW in business? Imagine a detailed roadmap that guides both client and vendor through the twists and turns of a project journey. This critical document outlines specific work, deliverables, timelines, and costs, serving as the North Star for all involved parties. The SOW definition in business extends beyond a mere checklist; it’s a

The healthcare sector accounted for a significant 11.8% of the global contract management software market share in 2020, highlighting the growing importance of pharmaceutical software solutions in the industry.  From research collaborations and clinical trial agreements to licensing and supply chain contracts, pharma companies must juggle a multitude of agreements while ensuring compliance with stringent