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According to the Pew Research Center, 65% of professionals who invested in continuing education related to their…It may have been years or even decades since you were in a classroom, but those who understand the importance of committing to continuing education are more likely to set themselves up for growth within their professional careers.

According to the Pew Research Center, 65% of professionals who invested in continuing education related to their…Last updated: August 30, 2019 Do a quick Google search for “multitasking” and you’ll find a wealth of articles and reports that pretty much arrive at the same conclusion: Trying to juggle too much at once will substantially undermine your productivity, so it’s best to tackle one task at a time.

Artificial Intelligence is the broader concept of machines being programmed to be able to carry out tasks in a way we would consider “smart.” Machine Learning is where machines, without programming or human input, crunch data and use things like facial recognition, voice commands or natural language processing (NLP), pattern recognition and predictive analytics, paired with access to data and the Internet, to continually learn how to improve — make better, faster, stronger.

Able to quickly scan all contract data, using NLP machine learning can automatically extract important information from a contract — names, organization and vendor information, the contract signature date, renewal dates and more — meaning the hundreds or thousands of contracts you have, and those created in the future, can be auto-tagged with the right companies, the right data, the right deadlines and automatic renewal alerts can be set. ML can also identify patterns within procurement processes to identify areas for improvement — a sticking point where contracts consistently get delayed; a better vendor that matches your preferred vendor profile that would work better, deliver greater savings; a combination of new workflows that can reduce contract completion cycle times or onboard suppliers faster.

You already use AI and machine learning (ML) everyday, even if you don’t know it.

Amazon uses it to make reading and product recommendations based on past decisions and purchases made.

That’s all well and…If you’re a content writer, you have a blog or work for a company, you might have struggled with this question before: How do I find good blog topic ideas?

Even though they govern all of your supplier relationships and deal with huge sums of money, they’re error-prone and are in dire need of meaningful controls.Contracts, the story of a company or the “constitution of the business,” hold all of the data for every transaction, every partnership, every penny ever spent.And while they hold the past, they also plan the future.Perhaps as the page is loading you are starting to regret your impulsive click because your oven just beeped and your pizza is ready!But then something magical…It may have been years or even decades since you were in a classroom, but those who understand the importance of committing to continuing education are more likely to set themselves up for growth within their professional careers.

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