Procurement Magazine Report Highlights AI’s Role in Digital Contract Management

October 31, 2025
BizClik's Procurement Magazine has released a report detailing how artificial intelligence is transforming contract lifecycle management, emphasizing gains in efficiency, compliance, and decision-making across procurement functions.

BizClik's Procurement Magazine announced in a press release a new special report examining how artificial intelligence is reshaping digital contract management across enterprises. The research outlines how AI adoption in contract lifecycle management (CLM) is improving efficiency, compliance, and strategic decision-making.

The report features leading companies including Icertis, Palantir Technologies, and DocuSign, alongside data from The Hackett Group, Gartner, and the ProcureCon CPO Report 2025. According to the findings, 90% of procurement leaders are exploring or deploying AI tools to streamline operations, while 58% have implemented or plan to implement AI solutions.

The study also notes that organizations using CLM systems have achieved up to 65% greater contracting efficiency and reduced noncompliance losses by as much as 80%. AI tools are enabling faster negotiations with real-time visibility into risk and compliance, shifting procurement roles from administrative functions toward more strategic responsibilities.

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