In recent years, we've seen contract management transform from static, paper-based contracts into powerful business assets. 

What's brought about this change? 

Cloud and AI technologies have been key to this move as modern enterprises look for solutions that transform contracts into living assets along with enhance contract management processes and capabilities. 

Contracts are no stranger to the rail sector, either. From real estate leasing to interline agreements and labor unions governing duty hours, there are various impacts on a railroad's decision-making, revenue, and level of risk. 

In this blog post, CloudMoyo brings our years of experience implementing cloud-based contract management software with our rail domain expertise to share some of the ways in which cloud and AI technologies can help rail companies address risk and realize rewards across compliance, procurement, and more. Impact areas include changing regulatory and labor union rules and agreements, capturing changes in external factors like fuel prices that can be incorporated real-time into contracts, and navigating procurement risks with AI-powered contract reviews. 

Check out the blog post to read more!