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URL: https://www.coursera.org/learn/genai-for-contract-managers-automating-clm

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GenAI for Contract Managers: Automating CLM

GenAI for Contract Managers: Automating CLM

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Gain insight into a topic and learn the fundamentals.
Intermediate level

Recommended experience

3 hours to complete
Flexible schedule
Learn at your own pace

Gain insight into a topic and learn the fundamentals.
Intermediate level

Recommended experience

3 hours to complete
Flexible schedule
Learn at your own pace

What you'll learn

  • Analyze the essential components of contract lifecycle management, breaking down each step to understand its importance and problems.

  • Evaluate several GenAI technologies to determine their relevance and efficacy in automating contract management activities.

  • Apply GenAI solutions to real-world contract circumstances, increasing efficiency and accuracy.

  • Leverage GenAI insights to track contract performance, improve decision-making, and drive continuous improvements in contract management.

Details to know

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Assessments

1 assignment

Taught in English

There is 1 module in this course

Are you prepared to transform your approach to contract management? In today's fast-paced corporate world, efficiency and precision are critical. Contract managers are increasingly turning to GenAI to automate and streamline the contract lifecycle, reducing mistakes and speeding up operations.

This course is designed to equip you with the skills to effectively integrate GenAI into your contract management workflows. You will learn how to: 1. Automate contract drafting, review, and approvals using GenAI-powered tools. 2. Streamline lifecycle processes such as renewals and compliance tracking. 3. Analyze contract data to gain actionable insights, improve decision-making, and monitor performance metrics. What makes this course unique is its focus on practical application. Through real-world examples and hands-on activities, you'll gain valuable insights into incorporating GenAI into your contract management processes. This course is for professionals in contract management, legal compliance, procurement, business analysis, and IT support. Contract managers will learn to automate processes, while legal practitioners will integrate GenAI into legal frameworks. Procurement professionals will streamline vendor agreements, and business analysts will explore AI-driven contract optimization. IT specialists will support AI implementation in legal and procurement workflows. To fully benefit from this course, participants should have a foundational understanding of contract management principles. While no prior technical expertise in AI is required, an interest in leveraging artificial intelligence for contract lifecycle optimization will be beneficial. This course is ideal for professionals who want to explore how GenAI can enhance efficiency, accuracy, and compliance in contract processes. By the end of this course, learners will be able to analyze the essential components of contract lifecycle management, breaking down each stage to understand its significance and challenges. They will evaluate various GenAI technologies to determine their effectiveness in automating contract-related tasks. Additionally, participants will apply GenAI solutions to real-world contract scenarios, enhancing efficiency and accuracy, while leveraging AI-driven insights to track contract performance, improve decision-making, and drive continuous improvements in contract management.

In this course, you’ll explore how Generative AI is transforming contract management by automating workflows, reducing errors, and enhancing efficiency. Through real-world applications, you’ll gain hands-on experience with AI-powered tools, evaluate their impact, and learn to optimize contract lifecycle management for better decision-making and continuous improvement.

What's included

12 videos8 readings1 assignment1 peer review

12 videosβ€’Total 76 minutes
  • Introduction to the Course & Meet Your Instructorβ€’2 minutes
  • GenAI in Contract Drafting and Review β€’5 minutes
  • Selecting the Right GenAI Tools β€’8 minutes
  • Automating Contract Drafting with GenAI β€’7 minutes
  • GenAI-Powered Risk Identification β€’8 minutes
  • Identifying Automation Opportunities in CLM β€’7 minutes
  • Implementing GenAI-Powered Approval and Renewal Systems β€’9 minutes
  • Monitoring and Enhancing Compliance with GenAI β€’7 minutes
  • Extracting Key Data Points from Contracts with GenAI β€’7 minutes
  • Interpreting GenAI-Generated Insights for Decision-Making β€’8 minutes
  • Continuous Improvement Through GenAI Performance Tracking β€’8 minutes
  • Congratulations and Continuous Learning Journeyβ€’2 minutes
8 readingsβ€’Total 60 minutes
  • Welcome to the Course: Course Overviewβ€’5 minutes
  • Hands On Learning (HOL): Drafting and Reviewing a Contract with GenAI β€’10 minutes
  • GenAI in Contract Management: Trends and Predictions β€’5 minutes
  • Hands On Learning (HOL): Automating a Contract Approval Workflow with GenAI β€’10 minutes
  • 2025 Top 10 CLM Trends Transforming the Contract Management β€’5 minutes
  • Hands On Learning (HOL): Analyzing Contracts with GenAI Tools β€’10 minutes
  • GenAI in Legal Analytics: Balancing Efficiency, Accuracy, and Ethics in Contract and Predictive Analysis β€’5 minutes
  • Quick Reference Guideβ€’10 minutes
1 assignmentβ€’Total 20 minutes
  • GenAI for Contract Managers: Automating CLMβ€’20 minutes
1 peer reviewβ€’Total 15 minutes
  • Project: GenAI-Powered Contract Optimization Challenge β€’15 minutes

Instructors

Coursera
20 Coursesβ€’31,855 learners

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