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Showing posts from April, 2023

Generative AI and Cloud Software Negotiations

As generative AI tools like ChatGPT become increasingly popular, they offer the promise of transforming various aspects of our lives.  This of course extends to the contract negotiation process for cloud software.  For medium to large-sized nonprofit organizations, leveraging generative AI in contract negotiations can lead to more favorable terms and better relationships with your technology providers. Increasingly, nonprofits have embraced cloud software solutions to streamline their operations, automate repetitive tasks, and reduce costs.  However, contract negotiations for these solutions can be time-consuming and complex, often involving legal, IT, procurement, and line-of-business teams.  This complexity can lead to rushed decisions, increase risked, missed savings opportunities, functionality misconceptions and ultimately poorer relationships with those who are supposed to serve as your trusted technology partner.  Generative AI can play a role in simplify...