In today’s fast-paced business environment, efficient contract management is essential for organizational success, yet many companies grapple with challenges such as manual processes, compliance risks, and version control issues. Implementing Generative AI (GenAI) within Contract Lifecycle Management (CLM) has become crucial for enhancing operational efficiency, improving accuracy, and mitigating risks. Solutions like elsAi, a GenAI-powered CLM accelerator, simplify contract drafting, review, and negotiation by automating repetitive tasks and fostering collaboration. By optimizing workflows and ensuring regulatory compliance, elsAi empowers businesses to scale effectively, align contract management with strategic objectives, and ultimately drive profitability and long-term growth.