Key Features to Look for in AI Contract Management Tools 1. Automation Capabilities: Automation streamlines the contract lifecycle by handling repetitive tasks such as contract creation, approval workflows, and renewals. This reduces manual effort, minimizes errors, and accelerates processing times, ensuring contracts are managed efficiently from initiation to execution. 2. Document Analysis , The future of CLM is not just about document storage or approval workflows — it’s about transforming contracts into strategic business tools. As the only platform that integrates AI-powered drafting, negotiation, analytics, post-signature tracking, and deal room collaboration, Legitt AI offers an unmatched value proposition., Legal contract automation refers to using technology and AI-driven tools to streamline the contract review, approval, and execution process., Contract workflow automation enables the seamless execution of contracts through pre-set approval chains. Integration with tools like Legistify enables the use of secure, trackable e-signatures for automated contracting., AI-powered tools are built for automated contract analysis, offering structured workflows, risk detection, and compliance tracking. How do you analyze a contract? Contract analysis involves reviewing clauses, identifying obligations, and checking for risks or inconsistencies., Contract automation is the use of digital tools to streamline contract lifecycle management, from creation to execution. Within PandaDoc, this means leveraging AI-powered workflows to eliminate manual tasks, such as document generation, data entry, and approval tracking..