COURSE OVERVIEW

This practical and highly-interactive course includes various practical sessions and exercises. Theory learnt will be applied using our state-of-the-art simulators. This course is designed to provide participants with a detailed and up-to-date overview of AI in Contract Management. It covers the AI in contracting and AI technologies in contract management; the contract lifecycle, AI applications, data management and AI integration and challenges and opportunities; the AIpowered drafting tools and AI in contract review, contract negotiation support, risk management through AI and AI and regulatory compliance; the contract analytics fundamentals, supplier and counterparty analytics and contract performance monitoring; and the dispute detection, escalation prediction and risk quantification of disputes. During this interactive course, participants will learn the redundant contracts, spend consolidation opportunities, pricing anomaly detection and AI-enabled renegotiation triggers; the AI for strategic contracting, blockchain and smart contracts and AI and knowledge management; the advanced NLP in contracting, AI governance and ethical issues and AI implementation roadmap; the key CMS with AI modules and integrating with corporate P&C systems; the custom versus off-the-shelf solutions and cloud versus on-premise deployment; the upskilling contract specialists for AI, roles and responsibilities, human-AI collaboration model and building AI centers of excellence; the future trends in AI and contracting and generative AI for full contract creation; and the autonomous negotiations, predictive legal analytics and AI in global regulatory monitoring.