ISG GovernX® - Smarter Contracting Solution

What is Smart Contracting?

The short answer: an AI-powered negotiating and contracting solution

Smart contracting uses technology to save time to create, negotiate and close any contract for any user persona or risk dynamic. Smart contracting is a core capability of the ISG GovernX®️ platform. It leverages machine learning technology to give you the ability to programmatically suggest the best possible contract, or remediation given various deal dynamics. These data inputs can be via our easy-to-use Wizards prompts or through real time intelligence data.

contracts

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Quick Sign Agreements

For click-to-sign renewals, addendums or policy updates.

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Smart Negotiation

For a simple and fast workflow for negotiation intelligence, meta-data extraction and remediation speed.

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Developer API

For enabling a contracting process using the existing systems in place today.

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Analytics Intelligence

For valued real-time analytics captured to ensure an always improving contract workflow within a smarter contracting system.

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AI Meta Scan

For reviewing incoming or older contract language against current or newly defined risk policies. Just define your search parameters – dates, language normalcy, risk parameters, etc. – and go.  

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Workflow Designer

For making your own smart driven contracts with "if-then" statements or enabling sales teams or customers to generate their own for ease of onboarding.

What does smarter contracting do for your business?

  • A better, less costly contract-to-close ratio with reduced errors and improved cycle times
  • A contract workflow with AI that learns with each use, allowing to draw down costs each year
  • An easier, more governable way to identify and manage risks
  • A clear ROI to top and bottom lines via a faster and more efficient supplier contracting process
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About ISG GovernX®

ISG GovernX® simplifies contract compliance by offering a single web-based interface for AI-powered contract building, cognitive data extraction, alerts, workflows and intelligent dashboards along with an industry-leading knowledge base and document repository. Quickly scale from one to many contracts so you can proactively manage relationships, commitments and accountability.