Wipro’s smart contract management solution combines contract management expertise, multi-lingual, and AI/ML (artificial intelligence/machine learning) capabilities to deliver best-in-class services. We help organizations digitize, automate, and transform various aspects of Contract Lifecycle Management (CLM), utilizing optimum AI/ML solutions to achieve operational as well as financial efficiencies. Our team of contracting experts and consultants, certified in CLM implementation, help bridge the gap between technology teams and the legal function.
Our capabilities in smart contract management include:
- Contract lifecycle management services powered by Wipro HOLMES AI and ML capabilities to manage contract abstraction and legacy contract migration using the “AI with the lawyer in the loop model.”
- Contract management framework leveraging the Wipro HOLMES contract review solution to transform the review and negotiation process – including contract drafting, redline review, deviation analysis, playbook creation, and clause library updates.
- Contract governance including standardization of contracts, obligation tracking, reporting, and providing insights into the contract portfolio.
- Contract leakage tracking through a review of contracts and invoices against actual usage.