The Docusign Intelligent Agreement Management (IAM) platform will soon be available in ChatGPT, enabling users and AI agents to create, sign, and manage contracts in a seamless experience.

This blog outlines five key strategies for procurement teams to modernize their agreement processes, reduce costs, and enhance compliance. By leveraging Intelligent Agreement Management (IAM), organizations can automate workflows, centralize contract management, and integrate tools for a more efficient and transparent procurement lifecycle.

Trust is the foundation for the development of AI technology, especially when it comes to the contract process. Building that trust begins with AI that leverages specialized contract domain expertise—the kind of deep knowledge that gives legal and business teams confidence in the decisions they make.

For AI to truly unlock value in contract management, a platform must go beyond basic document analysis. It needs to be trained on a rich, diverse, and consented contract datasets, integrate seamlessly with systems of work, and deliver enterprise-grade security, scalability, and trust.

AI can drastically improve your business workflows, especially throughout your agreement process, as long as it’s applied correctly. Here are some answers to key questions you may have about how AI can improve your contract workflows. 

AI, when applied correctly, can relieve massive time constraints and data challenges across your business operations. In a recent webinar, leaders from Docusign and Deloitte talked about how AI can transform your agreement process.