automate processes, and ensure compliance. AI IN PRE-RFP OPPORTUNITY IDENTIFICATION AI also is unlocking new opportunities for identifying contracting possibilities during the pre-award stage, giving proactive suppliers a competitive edge. Just this month, Cloverleaf AI announced its seed funding round as it launched a new AI platform that alerts government contractors to opportunities before RFPs are even released. Major government projects are often preceded by public meetings, hearings, and forums. Cloverleaf’s Vocal Fingerprinting tool monitors these meetings, tracking the positions of key government officials on specific projects. The company also uses this data to build its Opportunity Database, which it claims captures more than 100,000 monthly government opportunities before they reach the RFP stage. A similar feature set has been rolled out by GovSpend in the form of their new Meeting Intelligence tools. Competition in this space will serve to drive greater functionality as government suppliers get used to introducing AI into their workflows. supplier meetings, anecdotal end-user feedback and scorecards (sometimes hand-written on index cards) to monitor supplier performance. These manual processes often led to performance issues going unaddressed—or worse, unnoticed. AI-powered platforms like Procurated’s Canary are revolutionizing contract performance management. Canary collects and consolidates feedback from agency end-users, leveraging AI to produce digestible summaries of performance metrics down to the agency level for contract managers. Launched less than a year ago, Canary is now used to manage supplier performance in more than 25% of U.S. states. Procurated also is experimenting with AI to standardize performance data from scorecards and other information silos, enabling contract managers to access historic performance trends seamlessly within their workflows. Addition forthcoming AI functionality includes using AI to identify contract issues proactively and automatically and flag them directly to contract managers. Other notable solutions in this space include Appian Contract Management and Icertis Contract Intelligence, both of which use AI to analyze contracts, 18 BUSINESS VIEW MAGAZINE VOLUME 11, ISSUE 12
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