Contract Lifecycle Management (CLM) is in its early stages of adopting artificial intelligence (AI), yet every product claims to have it! Hear a real-life example of how BP is leveraging AI to reduce its time to contract by 80% while reducing their contracting risk.
Join Jason Donner, Head of IT Infrastructure Sourcing at BP, Shyam Chodapunedi, Chief Revenue Officer at App Orchid, and Alexander Lee, Solutions Engineer Director at Cloudera to learn how AI can revolutionize the contracting process. See Jason give a live demo of the ContractAI solution that reimagines the contracting process leveraging AI.
This session will cover BP's deployment of App Orchid’s ContractAI, an AI-powered Contract Analysis, Creation, and Negotiation solution. In this session you will learn:
• What contracting challenges BP faced and why they decided to leverage AI to solve them
• What early results BP saw from this effort in terms of improving contracting time and mitigating contracting risks
• How AI-powered analytics give insights to risk, contractual obligations, and compliance not possible before
• How Cloudera enables ContractAI to quickly return results in minutes and hours instead of days and weeks