ISG GovernX® - Intelligent Contracting Solution
What is Smart Contracting?
The short answer: an AI-powered negotiating and contracting solution
Intelligent contracting uses technology to save time to create, negotiate and close any contract for any user persona or risk dynamic. Intelligent contracting is a core capability of the ISG GovernX®️ platform. It leverages machine learning tech 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.
Quick Sign Agreements
For click-to-sign renewals, addendums or policy updates.
Reduce the time in redline word attachment inefficiencies using smart deal rooms with AI assisted remediation intelligence and ease of moving to a signature close.
Customize to integrate with many other common commercial software systems. Use data from third party solutions to provide added intelligence in contract workflow or risk reduction.
What does intelligent 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