Webinar on Demand: How AI & CLM is Transforming Procurement

In an exclusive webinar, which is now available on demand, Agiloft and Procurement Magazine explored the transition of AI and CLM from perceived competitors to a unified technology stack that strengthens procurement outcomes, mitigates risk and drives operational efficiency.

Those who attended discovered how AI and CLM work better together. While AI automates complex workflows and uncovers hidden insights, CLM provides the structured framework needed to turn those insights into strategic moves. Learn how top procurement teams are leveraging this powerful combo to optimise sourcing and drive massive value.

Smarter Sourcing Starts Here: How AI and CLM Are Reshaping Procurement is available to watch on demand.

Redefining procurement through technology

There were a number of key takeaways from the session, with the five biggest being on AI in Procurement:

• Driving Procurement Efficiency: The session underscored how AI and Contract Lifecycle Management (CLM) enhance procurement practices by automating tedious processes, reducing costs and improving supplier risk management. Systems like Agiloft were highlighted for their ability to centralise data and allow tailored accessibility for different roles.
• Addressing Integration Pain Points: Speakers shared challenges in integrating AI functionalities across disconnected systems. While standalone AI tools like ChatGPT offer quick solutions, fragmented workflows can prolong tasks, suggesting the need for truly cohesive systems.
• Adopting AI Strategically: The discussion emphasised that AI complements existing tools but won't fix broken processes without proper workflow assessments. Speakers recommended mapping pain points and ensuring a seamless blend of technologies to avoid overbuying redundant software.
• Procurement's Shift to Proactivity: Traditionally reactive, procurement is now required to anticipate challenges and demonstrate organisational value beyond cost savings. AI's data-driven insights play a pivotal role in enabling this shift despite limited headcount.
• C-Suite Pressure to Implement AI: Panelists noted increasing mandates from leadership to adopt AI technologies comprehensively, but warned about rushing without clear objectives. Evaluating what functionalities the organisation already has and strategically integrating AI were advised to optimise tech stacks.

Smarter Sourcing Starts Here: How AI and CLM Are Reshaping Procurement is available to watch on demand.

Insights from industry leaders

Navin Mahavijiyan – Head of Community at Agiloft

Navin brings extensive expertise in business strategy, corporate finance and business development to his role at Agiloft. Based in Charlotte, North Carolina, he has built a diverse professional background by driving growth and organisational scaling across the legal tech and healthcare sectors. Before joining Agiloft, Navin held strategic leadership positions at ContractPrime Legal Software, Black Paladin Solutions, The Mahavijiyan Group and ModMed. He holds a Bachelor of Laws (LLB) from the University of London and specialises in deep business analysis.

Donya Dyce – Legal Operations Manager at Apogee Therapeutics

Donya specialises in building and scaling legal operations functions from the ground up within the biotechnology and pharmaceutical sectors. As a champion for operational efficiency, Donya excels at modernising contract functions and integrating legal insights directly into daily business workflows.

Prior to their current role, Donya established the foundational legal operations function at AbbVie, where they developed key performance indicators, managed e-billing systems and implemented a contract lifecycle management system that introduced self-service reporting tools for stakeholders.

Margo Oshri – Senior Legal Counsel at Snappy

Margo is a seasoned legal expert and a Deputy GC Charter Member at TechGC. With more than a decade of diverse legal experience, she specialises in global corporate transactions, financing, investments and high-stakes M&A deals. Before joining the team at Snappy, Margo served as Senior Legal Counsel at Own Company and spent nearly five years as Corporate Counsel at Amdocs managing complex global transactions.

Her foundational career also includes roles at Shaked & Co. Law Offices, Steinmetz, Haring, Gurman & Co. and the Illinois Campaign for Political Reform. Margo holds a JD from the University of Wisconsin Law School and a BA in International Relations from the University of Wisconsin-Madison.

Smarter Sourcing Starts Here: How AI and CLM Are Reshaping Procurement is available to watch on demand.