Artificial Intelligence in contract management (Part 3): Knowledge reasoning

In the last two installments of this Artificial Intelligence in Contract Lifecycle Management series of considerations for procurement practitioners, I introduced the topic in part 1 and then dove into the concept of knowledge representation in part 2 where I discussed the importance of building a contract domain knowledge model in the form of a rich repository of contract clauses and related data (e.g., risks) and metadata – not just contract document artifacts.

You can also teach / “supervise” the software to do things like classify/attribute/relate unstructured or semi-structured contract data into higher-level knowledge constructs. Which I discuss in 'From reasoning to planning.'