Adobe Acrobat AI assistant can now help you demystify contracts, whether they’re for business or personal needs.
Contracts have always been difficult for non-legal professionals to navigate, whether business or personal, but Adobe just announced new intelligent contract features as part of Adobe Acrobat.
The announcement on Tuesday detailed the new AI-assisted contract features coming to Adobe Acrobat. Using Adobe’s Acrobat AI assistant, you can now have generative AI help you understand your contracts, find differences between up to 10 versions of a contract, and even better understand the difficult jargon that’s usually the structure of contracts.
The new features of the Acrobat AI assistant can work for either businesses or consumers who need to sign contracts. From identifying important information in a contract to finding changes or updates to the contract, and even clarifying the deliverables outlined in contracts, Adobe says the new features will help businesses navigate these documents easier.
On the consumer side, Adobe commissioned a study about contracts which found that 70 percent of consumers admit to having signed a contract without knowing the contents of it. To help make contracts clearer, Adobe’s Acrobat AI assistant can help summarize and clarify contracts, highlighting important details that consumers might have otherwise missed.
Adobe assures the Acrobat AI Assistant can determine if a document is a contract automatically and will work with files created in or that have been scanned and uploaded into Acrobat. Once you’re ready, you can also use Acrobat as the signing application for your contracts.
These new capabilities are available starting on February 4 on desktop, the web, and mobile versions of Acrobat, but you will need to pay an additional fee to use them, whether you’re using the free or paid versions of Acrobat. The Acrobat AI Assistant is available for $4.99 per month.
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- Understanding Contracts Just Got Easier With Adobe's Acrobat AI Assistant
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