Contract management stories

UK firms most confident on EU AI Act readiness yet report more fines and contract turmoil than German and French rivals, study finds.

Trench Group has cut contract review times by 80%, using AI from Luminance to streamline processes and reduce reliance on its legal team.

Atlassian’s cloud apps, including Jira and Confluence, are now globally available on AWS Marketplace, streamlining enterprise procurement across 150+ countries.

London-based Procure AI raised USD $13 million seed funding to expand its AI-driven procurement automation across Europe, boosting efficiency and cost savings.

Research reveals fragmented procurement, skill gaps, and low tech investment hinder value delivery in Australia and New Zealand's public sector contracting.

AI will transform B2B finance by 2030, replacing traditional integrations with smart agents that automate invoices, contracts and workflows, says Flywire expert.

Icertis has acquired AI startup Dioptra to enhance its contract intelligence platform with advanced automation and risk review tools for legal teams.

Manual procurement processes in Australasian manufacturing slow productivity despite advanced plant automation, urging a shift to unified digital platforms for efficiency.

Zoho One launches enhanced UI, AI assistant Zia, and stronger integrations to simplify operations for small and medium-sized businesses.

Workday is harnessing AI agents to revolutionise enterprise finance and HR, enhancing data integrity, compliance, and real-time insights across global firms.

m3ter upgrades its Salesforce package with advanced pricing and two-way data synchronisation to support flexible, usage-based billing for B2B software firms.

OCS New Zealand is the first globally to deploy Esker's full AI-driven finance automation suite, enhancing efficiency and accuracy in its financial operations.

Workday launches new AI agents embedded in HR and finance workflows to boost efficiency and deliver measurable business results by 2026.

A study shows 65% of large firms are adopting AI-driven document processing to replace legacy systems, despite 61% still relying on paper documents.

Icertis launches Vera AI, an intelligent contract management tool addressing trust and security concerns amid growing C-suite demand for AI agents.

Only 16% of UK public sector organisations have fully implemented digital strategies, down from 23% in 2023, as transformation faces delays and frustrations.

Adobe unveils Acrobat Studio, merging PDF tools, creative content, and AI to enhance productivity and collaboration for work and personal projects.

DocuSign launches AI-powered contract management to tackle AUD $3 trillion yearly losses from inefficient agreement workflows globally.

Icertis appoints Anand Subbaraman as CEO as the AI-powered contract intelligence firm nears annual recurring revenue of USD $350 million.

NetDocuments launches AI-powered features in its cloud DMS for legal teams, enhancing document editing, metadata profiling, and workflow automation within Microsoft Word.