This article speaks about how Generative AI is transforming contract management by automating and enhancing various processes. It highlights that Generative AI can intelligently answer contract-related queries using natural language processing (NLP), automate the review of large volumes of contracts by extracting key terms and identifying discrepancies, and generate customized contracts quickly through predefined templates and historical data. Additionally, the AI can perform predictive analysis to forecast outcomes and identify risks, and summarize contracts by extracting and presenting key information concisely. Overall, the article emphasizes that Generative AI can significantly improve accuracy, compliance, and productivity in contract management, ultimately saving time and resources for organizations.