How AI ensures accurate and compliant contract audits
Highly regulated
Operations
Our client, a company operating in a highly regulated industry, faced significant challenges with outdated contract records in their Document Management System (DMS). Ensuring compliance with terms, pricing, expiration dates, and validity requirements required substantial manual effort and frequent cross-referencing across documents and communications. These inefficiencies posed compliance risks, and also hindered the company's ability to manage contracts effectively, impacting supplier negotiations and operational audits.