This article highlights how generative AI is transforming contract management by automating key processes, enhancing accuracy, and providing data-driven insights. By leveraging advanced algorithms, AI can automate contract generation, review, and renewals, reducing the time and effort involved in drafting and managing contracts. This not only boosts efficiency but also improves compliance by ensuring contracts align with regulatory standards, minimizing legal risks. Furthermore, generative AI enables businesses to make better decisions by analyzing contract data and offering predictive insigh