| Title: | OS27-3 The Future of Robotics in Contract Management. |
|---|---|
| Publication: | ICAROB2025 |
| Volume: | 30 |
| Pages: | 788-792 |
| ISSN: | 2188-7829 |
| DOI: | 10.5954/ICAROB.2025.OS27-3 |
| Author(s): | Muhammad Firdzaus Mat Ros, Muhammad Azizi Azizan, Hazry Desa |
| Publication Date: | February 13, 2025 |
| Keywords: | Robotics in Contract Management, Artificial Intelligence (AI), Smart Contracts |
| Abstract: | The integration of robotics and artificial intelligence (AI) is revolutionizing contract management by automating routine tasks, improving accuracy, and enhancing efficiency. This paper explores the evolving role of robotics in contract management, focusing on the automation of contract creation, review, and compliance monitoring through robotic process automation (RPA) and AI technologies. It examines the potential of AI tools, such as natural language processing and predictive analytics, in streamlining contract analysis and decision-making. Additionally, the paper highlights real-world case studies demonstrating the practical applications of robotics in various industries, emphasizing both the benefits and challenges faced. Looking ahead, the future of contract management will see greater integration of smart contracts, blockchain, and autonomous systems, transforming the way contracts are executed and monitored. The paper concludes by addressing the ethical, legal, and workforce implications of these technological advancements, emphasizing the need for ongoing innovation and adaptation in contract management practices. |
| PDF File: | https://alife-robotics.co.jp/members2025/icarob/data/html/data/OS/OS27/OS27-3.pdf |
| Copyright: | © The authors. This article is distributed under the terms of the Creative Commons Attribution License 4.0, which permits non-commercial use, distribution and reproduction in any medium, provided the original work is properly cited. See for details: https://creativecommons.org/licenses/by-nc/4.0/ |
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