A recent CobbleStone Software survey found that 95 percent of contract management professionals are open to utilizing artificial intelligence to support their contract management processes - with some expressing a desire for caution.
PRINCETON, N.J., March 14, 2025 /PRNewswire-PRWeb/ -- CobbleStone Software – a recognized Leader in contract lifecycle management (CLM) according to the SPARK Matrix™ Report – has found, in a recent survey of hundreds of contract managers, that 95 percent are open to utilizing artificial intelligence to support their contract management processes. This demonstrates a significant shift in the industry's perception of AI and its potential to streamline and optimize contract lifecycles.
The 2025 State of Contract Management Survey explored the attitudes and preferences of hundreds of contract professionals regarding their current systems and potential improvements. Key findings highlight a significant interest in leveraging AI for enhanced contract management, with varying degrees of caution.
Further breaking down the 95 percent of those open to using contract AI:
- 29 percent responded that they would fully embrace contract artificial intelligence.
- 49 percent responded that they would use contract AI for some basic tasks.
- 17 percent were open to using contract AI but expressed the desire for caution.
Contract managers are increasingly open to using contract artificial intelligence due to its ability to boost efficiency, reduce errors, improve risk management, and automate tasks. This can ultimately lead to cost savings and better overall contract lifecycle management.
Developments in generative AI have excited many contract managers as well. CobbleStone Software's VISDOM+ generative AI, for instance, provides:
- generative AI-based contract clause generation and the ability to save generated clauses to one's pre-approved library.
- a user-friendly chatbot to ask legal operations-related questions and CLM system-related questions.
- streamlined review of high contract risk findings, generative AI-powered suggestions, and confirmed matches between the new contract and the pre-approved clause library.
- the ability to determine positive, negative, or neutral facts about newly introduced contracts to help with visibility and strategy.
"Our findings clearly indicate that contract professionals are ready to embrace the transformative power of AI," said Bradford Jones, VP of Sales & Marketing at CobbleStone Software.
"At CobbleStone, we're committed to providing innovative AI-driven solutions that empower organizations to streamline their contract processes, mitigate risk, and achieve greater efficiency."
Contact CobbleStone Software for a free demo.
For more information, email [email protected] or call 866-330-0056.
About CobbleStone Software:
CobbleStone Software is a celebrated leader in contract management software solutions whose flagship CLM software solution – CobbleStone Contract Insight – expedites contract management, vendor management, eProcurement, and eSourcing processes while offering seamless integrations, ease-of-use, and high scalability. CobbleStone's contract lifecycle management solutions provide simplified contract and vendor tracking, highly configurable email alerts, user-friendly calendar notifications, intelligent contract workflow automation, highly robust security options, streamlined authoring of contract templates with dynamic clauses, centralized revenue/cost management, detailed text indexing and searching, future-minded vendor/client ratings, robust document version control, custom contract management reports, speedy IntelliSign® electronic signatures, more intelligent contracts with VISDOM® artificial intelligence and machine learning, and more.
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Media Contact
Sean Heck, CobbleStone Software, 866-330-0056, [email protected], https://www.cobblestonesoftware.com/
SOURCE CobbleStone Software
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