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Industry Calendar

Contracts Reimagined: How Generative AI Improves Business Processes (Procurement Leaders & Sirion)
Tuesday, September 19, 2023, 11:00am - 12:00pm
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AI is shaking up how enterprises manage contracts across all business functions. From procurement and legal to HR and finance, AI improves outcomes when used properly. But there are still unknowns at play when it comes to AI’s risks and benefits. Join leaders from Sirion, Spend Matters, and IBM for an interactive discussion and a behind-the-scenes look at the good, the bad, and the ugly of AI for CLM. 

You'll learn: 

  • The essential pillars of enterprise-grade CLM software and how AI plays a role 
  • The fallacy of “the best” model and why it’s the wrong way to approach contracts 
  • How generative AI for contracts works and use cases beyond ChatGPT 
  • AI’s limitations and why we still need humans in the mix 
  • How AI affects the role of procurement professionals and how to train your teams to use it 
  • Pros and cons of AI data trained on internal data bases vs. public large language models (LLMs) 
  • How to get people comfortable with AI and executive buy-in 
  • Why AI helps businesses work smarter, dodge risks, and make faster decisions