Contract management stories

Kalaam adopts Luminance AI to centralise contract data, cut review times and standardise legal work across its Middle East and UK markets.

Logicalis Australia launches Technology Assurance Services to help regulated sectors meet CPS 230-era resilience and third-party risk demands.

Zellis keeps EcoVadis Silver for a third year with an improved score, underscoring rising ESG expectations in regulated supply chains.

Conga buys PROS’ B2B software unit, fusing AI-driven pricing with quoting and contract tools for over 10,000 enterprise customers.

Summize raises USD $50m to accelerate its AI-powered contract platform, targeting rapid expansion across the UK and US legal markets.

Luminance launches AI platform to capture contract memory and combat ‘enterprise amnesia’, promising 90% faster negotiations.

Agiloft says over half its customers now license AI tools as Screens usage surges, with AI users up 250% and app activity rising 12-fold.

Rocket Software launches ContentEdge to give organisations safer GenAI access to sensitive unstructured data across hybrid environments.

SEK turns to Scanmarket by Unit4 to centralise procurement data, tighten supplier compliance and cut risk in its regulated operations.

AI contract software startup Ivo secures USD $55 million Series B to speed contract review, as revenue surges 500% and UK expansion looms.

Heavily regulated sectors and in-house legal teams are set to spearhead enterprise AI in 2026, turning compliance into a competitive edge.

Agiloft launches AI-powered obligation manager to turn contract clauses into trackable data and cut revenue lost to missed commitments.

UK firms most confident on EU AI Act readiness yet report more fines and contract turmoil than German and French rivals, study finds.

Trench Group has cut contract review times by 80%, using AI from Luminance to streamline processes and reduce reliance on its legal team.

Atlassian’s cloud apps, including Jira and Confluence, are now globally available on AWS Marketplace, streamlining enterprise procurement across 150+ countries.

London-based Procure AI raised USD $13 million seed funding to expand its AI-driven procurement automation across Europe, boosting efficiency and cost savings.

Research reveals fragmented procurement, skill gaps, and low tech investment hinder value delivery in Australia and New Zealand's public sector contracting.

AI will transform B2B finance by 2030, replacing traditional integrations with smart agents that automate invoices, contracts and workflows, says Flywire expert.

Icertis has acquired AI startup Dioptra to enhance its contract intelligence platform with advanced automation and risk review tools for legal teams.

Manual procurement processes in Australasian manufacturing slow productivity despite advanced plant automation, urging a shift to unified digital platforms for efficiency.