{"id":39521,"date":"2025-10-23T08:19:24","date_gmt":"2025-10-23T08:19:24","guid":{"rendered":"https:\/\/eduzim.co.zw\/news\/?p=39521"},"modified":"2025-10-23T08:19:24","modified_gmt":"2025-10-23T08:19:24","slug":"273255","status":"publish","type":"post","link":"https:\/\/eduzim.co.zw\/news\/2025\/10\/23\/273255\/","title":{"rendered":"AI and automation redefine contract management"},"content":{"rendered":"<p> <script data-jetpack-boost=\"ignore\" async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-1669381584671856\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- Africa tv video display -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-1669381584671856\"\r\n     data-ad-slot=\"3579572842\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script data-jetpack-boost=\"ignore\">\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n<p><strong><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-273259\" src=\"https:\/\/i0.wp.com\/eduzim.co.zw\/news\/wp-content\/uploads\/2025\/10\/AI-and-automation-redefine-contract-management.jpg?resize=640%2C341&#038;ssl=1\" alt=\"AI and automation redefine contract management - insights from Workday Evisort\" width=\"640\" height=\"341\" srcset=\"https:\/\/eduzim.co.zw\/news\/wp-content\/uploads\/2025\/10\/AI-and-automation-redefine-contract-management.jpg 1500w, https:\/\/techcentral.co.za\/wp-content\/uploads\/2025\/10\/workday-evisort-1500-800-300x160.jpg 300w, https:\/\/techcentral.co.za\/wp-content\/uploads\/2025\/10\/workday-evisort-1500-800-1024x546.jpg 1024w, https:\/\/techcentral.co.za\/wp-content\/uploads\/2025\/10\/workday-evisort-1500-800-768x410.jpg 768w, https:\/\/techcentral.co.za\/wp-content\/uploads\/2025\/10\/workday-evisort-1500-800-150x80.jpg 150w, https:\/\/techcentral.co.za\/wp-content\/uploads\/2025\/10\/workday-evisort-1500-800-450x240.jpg 450w, https:\/\/techcentral.co.za\/wp-content\/uploads\/2025\/10\/workday-evisort-1500-800-1200x640.jpg 1200w\" sizes=\"(max-width: 1500px) 100vw, 1500px\"\/>An executive roundtable<\/strong> discussion, hosted by Workday and Evisort, introduced a compelling dialogue on how the contract lifecycle process today can be enhanced and transformed using both artificial intelligence and automation.<\/p>\n<p>The focus was on accelerating compliance and extracting strategic enterprise-wide insights, helping legal, procurement and finance functions create strategic value. The room was peppered with senior delegates hailing from the telecommunications industry, through to financial services and beverage industries, sharing invaluable insights about their experiences in traditional and, in some instances, more advanced contract lifecycle management journeys.<\/p>\n<h3 style=\"text-align: center;\"><strong>Learn more about Workday and Evisort<\/strong><\/h3>\n<p>The discussion kicked off with the most immediate pain points affecting various business units today. A central theme sprang to the fore: the existence of silos within an organisation and the lack of a centralised view of contract data affecting procurement, compliance, legal and finance. This fragmentation often leads to a lack of cohesion and flow of information, especially when it comes to reporting.<\/p>\n<p>Conversely, having a centralised dashboard with valuable insights drives cross-functional collaboration. The interplay between dependence on AI and the importance of having a human in the loop for the sake of oversight and integrity was another central theme. This highlighted the significance of human involvement in preparing adequate and ethical data sets to inform and develop AI within organisations \u2013 through playbooks, policy and regulation. Ultimately, it was clear that the value AI-native contract intelligence and CLM bring to the table includes: freeing up cognitive bandwidth from monotonous and repetitive tasks, and extracting valuable contract data to ensure continuous management of the contract lifecycle and vendor\/client relationships.<\/p>\n<aside class=\"modern-quote pull alignright\">Workday offered sage advice on navigating the complexities related to integration, security and privacy concerns<\/aside>\n<p>It was immediately clear from the voices in the room, regardless of industry and business unit, that every organisation could develop a clear use case with a demonstrable return on investment on how a sophisticated system leveraging AI and CLM could deliver value in their business \u2013 be it from the beverage industry to banking and telecommunications.<\/p>\n<p>An organisation\u2019s \u201cdigital maturity\u201d emerged as a key insight. It was identified as an attribute that could help organisations become \u201cfuture fit\u201d for AI-native contract intelligence and digitisation of their processes. Importantly, the discussion did not rule out the vast opportunities available to organisations with less mature digital infrastructure, allowing them to digitise without the need for complex integrations.<\/p>\n<p>This led the conversation into a more technical discussion on how to navigate the intersection between legacy IT systems when faced with the reality and feasibility of increased usage of cloud solutions.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-273258\" src=\"https:\/\/i0.wp.com\/eduzim.co.zw\/news\/wp-content\/uploads\/2025\/10\/1761207563_54_AI-and-automation-redefine-contract-management.jpg?resize=640%2C341&#038;ssl=1\" alt=\"Workday Evisort\" width=\"640\" height=\"341\" srcset=\"https:\/\/eduzim.co.zw\/news\/wp-content\/uploads\/2025\/10\/1761207563_54_AI-and-automation-redefine-contract-management.jpg 1500w, https:\/\/techcentral.co.za\/wp-content\/uploads\/2025\/10\/workday-evisort-1500-800-2-300x160.jpg 300w, https:\/\/techcentral.co.za\/wp-content\/uploads\/2025\/10\/workday-evisort-1500-800-2-1024x546.jpg 1024w, https:\/\/techcentral.co.za\/wp-content\/uploads\/2025\/10\/workday-evisort-1500-800-2-768x410.jpg 768w, https:\/\/techcentral.co.za\/wp-content\/uploads\/2025\/10\/workday-evisort-1500-800-2-150x80.jpg 150w, https:\/\/techcentral.co.za\/wp-content\/uploads\/2025\/10\/workday-evisort-1500-800-2-450x240.jpg 450w, https:\/\/techcentral.co.za\/wp-content\/uploads\/2025\/10\/workday-evisort-1500-800-2-1200x640.jpg 1200w\" sizes=\"auto, (max-width: 1500px) 100vw, 1500px\"\/>Workday offered sage advice on navigating the complexities related to integration, security and privacy concerns, which continued to surface and be ventilated as the conversation progressed. This included guidance on navigating existing enterprise resource planning within an organisation, understanding the true value of strategic partnerships and adopting a co-creation approach to integrating AI into the environment. Workday\u2019s leadership in facilitating this discussion and offering practical insights underscored its commitment to driving innovation and transformation in contract management.<\/p>\n<h2><strong>Conclusion <\/strong><\/h2>\n<p>The roundtable concluded with actionable takeaways for organisations looking to harness the power of AI-native contract intelligence and CLM and highlighted the true cost of not doing so. In summary, organisations should:<\/p>\n<ul>\n<li>Develop an AI digital strategy to bolster contract lifecycle management;<\/li>\n<li>Ensure that internal processes are well documented and effectively transferrable to an AI source (thus building and continuously growing reliable data sources); and<\/li>\n<li>Leverage AI to extract valuable insights, continuously monitor compliance and stakeholder relationships and free up creative and cognitive bandwidth to maximise human ingenuity.<\/li>\n<\/ul>\n<p><strong>Find an e-book on the Case for AI-Native Contract Intelligence here.<\/strong><\/p>\n<\/div>\n<p><script data-jetpack-boost=\"ignore\" async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-1669381584671856\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- Africa tv video display -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-1669381584671856\"\r\n     data-ad-slot=\"3579572842\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script data-jetpack-boost=\"ignore\">\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n#automation #redefine #contract #management<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An executive roundtable discussion, hosted by Workday and Evisort, introduced a compelling dialogue on how the contract lifecycle process today&hellip;<\/p>\n","protected":false},"author":1,"featured_media":39522,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32],"tags":[],"class_list":["post-39521","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mzansi"],"_links":{"self":[{"href":"https:\/\/eduzim.co.zw\/news\/wp-json\/wp\/v2\/posts\/39521","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/eduzim.co.zw\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eduzim.co.zw\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eduzim.co.zw\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eduzim.co.zw\/news\/wp-json\/wp\/v2\/comments?post=39521"}],"version-history":[{"count":1,"href":"https:\/\/eduzim.co.zw\/news\/wp-json\/wp\/v2\/posts\/39521\/revisions"}],"predecessor-version":[{"id":39523,"href":"https:\/\/eduzim.co.zw\/news\/wp-json\/wp\/v2\/posts\/39521\/revisions\/39523"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eduzim.co.zw\/news\/wp-json\/wp\/v2\/media\/39522"}],"wp:attachment":[{"href":"https:\/\/eduzim.co.zw\/news\/wp-json\/wp\/v2\/media?parent=39521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eduzim.co.zw\/news\/wp-json\/wp\/v2\/categories?post=39521"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eduzim.co.zw\/news\/wp-json\/wp\/v2\/tags?post=39521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}