Adobe Acrobat’s AI Makes Contract Review Easy!

Adobe Acrobat’s AI Assistant Gets Smarter with Contract Intelligence

The latest in [[AI]] innovation from Adobe is set to make contract reviews much easier. Adobe Acrobat is getting a significant upgrade with the addition of “Contract Intelligence,” a new feature for its AI assistant. This groundbreaking tool was unveiled recently and aims to simplify the process of understanding complex legal documents. This is especially important given that a recent survey showed many people don’t thoroughly read contracts before signing!

Understanding the Problem: Why Contract Intelligence Matters

According to a recent survey by Adobe, a shocking 70 percent of US consumers admit to skipping the fine print. This alarming statistic extends to businesses too, with a significant portion of small business owners, knowledge workers, and even tech leaders admitting to the same habit. That is why this new technology is so important, particularly in today’s [[business]] world.

How Contract Intelligence Works

The magic happens automatically. When you open a contract – even a scanned one – in Adobe Acrobat, the AI assistant springs into action. It identifies the document as a contract and instantly generates a summary. This includes key terms, clauses, and even suggests relevant questions to help you better understand any unclear sections. Think of it as having a personal legal assistant built directly into your software.

More Than Just a Summary

This isn’t just a simple summary. Contract Intelligence provides clickable citations, allowing you to easily verify the information presented. Furthermore, you can compare different versions of contracts, up to ten at a time, to spot changes and potential discrepancies. This new feature supports both digital and scanned documents, making it a highly versatile tool.

Accessibility and Pricing

This amazing feature is available to everyone! Whether you’re a free or paid user of Adobe Acrobat, you can access Contract Intelligence through the AI Assistant add-on. It’s currently available on desktop, web, and mobile apps, but only supports English for now. The Acrobat AI Assistant add-on has a monthly price of Rs. 398.

The Impact of AI on Document Management

The launch of Contract Intelligence is a testament to Adobe’s commitment to leveraging AI to improve productivity and efficiency. This tool isn’t just a simple update; it represents a significant leap in how we interact with complex documents. The tech giant has made a significant move in the market with this new innovation. It is a major step for the company in its effort to use AI to improve its products and create new solutions.

The Future of AI in Contracts

This tool is a great example of how AI is changing the way we work. It is important to keep an eye on the latest developments in AI, as they will continue to shape the way we interact with technology in the years to come. This new feature has the potential to revolutionize the way contracts are handled, saving time and reducing risks for individuals and businesses alike. Stay tuned for more exciting developments in this space!

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