This has been a point of discussion among professionals: the impact of artificial intelligence (AI) on contract management. Contrary to popular misconceptions, AI will not render contract management obsolete; rather, it will enhance its importance and relevance. Let’s explore why this is the case and how we can leverage AI to revolutionize contract management practices.[Read more…] about The Synergy of AI and Contract Management: A Promising Future
Overall, technology is improving the way we work. When it comes to managing contracts theseimprovements – mostly automation related – have a positive impact on business results, supplier management as wellas on customer and employee satisfaction. Technologies like artificialintelligence (AI), robotics and blockchain can improve contract management issues like compliance, data management, invoice settlement and contract analysis.[Read more…] about Contract management 2.0: why technological applications boost outsourcing results
People need an open mind towards digital technologies and change to be able to embrace the future of work
In the past several years, we have seen an explosion of technology solutions in every field of businesses, and the digital era only just started. What effect will digitalisation have on the future of work? From remote working and the internet of things to artificial intelligence and automation, the operational interpretation of the workplace is changing.[Read more…] about How digital technologies will shift human capital
The latest buzz is the ‘new industrial revolution’. The advances in data science and artificial intelligence are creating new ways to approach businesses that can lead to a major increase of productivity. The insights that are generated by these technologies will give businesses the opportunity to rethink their operational model and the needed human skills. Will it affect the workforce? Will it change the labour market? Yes, we need to accept that and look at the benefits of finally being able to empower the human-to-human approach.
Humans are afraid of change, always have been. Change means stepping outside the comfort zone. Why do we feel threatened by that, instead of feeling challenged by the opportunities it provides us?