Are your contracts slowing you down?
Contracts are at the heart of all businesses and yet, while the world is undergoing digital transformation, contracts are stuck in a frustrating mess between PDFs, legacy systems, inboxes, just to get a contract signed.
We took the pulse of what the state of contracts currently look like. How AI impacts contract management, the most common use cases and challenges they face with contracts and e-signatures.
Our quarterly study of contracts “The State of Contracts” reports summarize the findings from hundreds of business professionals surveyed in Europe and North America. Get the latest reports for free below.
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The State of Contract Management Pains
How are you combating your contract management pains? We’ve identified three major contract pain points: manual work, GDPR and data privacy compliance, and the friction that comes with using multiple systems. TThese issues are holding businesses back, causing delays in finalizing contracts and making it hard to keep up with shifting legal requirements.
The State of B2B Contracts
Businesses are increasingly adopting automation, significantly impacting contract management across all sectors. The focus is on electronic signatures and digital contracts to expedite deals and minimize errors. This shift from traditional pen-and-paper methods to digital solutions enhances transaction speed, security, and environmental sustainability.
The State of AI in Contract Management
The current state of AI adoption in contract management across various industries. By using real data and insights from those who work with contracts as core parts of their job, the report charts the market maturity in terms of adopting AI into their contract management process and provide a glimpse into future of contract management.
The Contract Compass Report
By the end of the report, you’ll learn the importance of contract automation to companies, the biggest reason deals break down, how digital the future of contracts and e-signatures really is, and the low cost but high impact that digital contracts have.