Docusign Ushers in a New Era of AI Contract Agents to Transform Business
According to Deloitte, 77% of high-performing organizations cite agreement management as vital to their success
This breakthrough innovation builds on
As a new Deloitte study underscores, effective agreement management isn't just a nice to have — it's a critical investment for businesses. In fact, 77% of high-performing organizations credit contract management, enhanced by AI, to their success.
"Every company wants to adopt AI, and contracts are a natural place to start, given the inefficient workflows, unstructured data, and lack of visibility," said
AI Contract Agents: A
Today's businesses face growing pressure to move faster, even as complexity and risk increase.
"This is the next evolution of intelligent agreement management," says
The power of the IAM platform makes it possible for AI contract agents to automate work throughout the agreement lifecycle — from identifying the most urgent tasks and surfacing all related agreements in Navigator, to recommending specific language updates to ensure compliance. Cumbersome tasks that previously took days will now happen in minutes, with AI handling the tedious minutiae of agreement workflows while freeing teams to focus on more strategic work. The first Docusign AI contract agents will become available in the
Behind every AI-powered Docusign IAM capability is
With the IAM platform, teams across Sales, Procurement, HR, Legal, and more can streamline the entire agreement process – backed by a strong ecosystem of partners, developers, and customers. And these benefits will soon extend to the public sector. Both
New IAM capabilities include:
Create agreements faster
-
Agreement Prep - New tools for contract creation and management with dynamic templates that pull in data automatically. - Agreement Desk - A collaboration space for sales, procurement, and legal teams to track and manage agreement requests and approvals.
- AI-Assisted Review - Beyond basic contract summarization, risk assessment with language recommendations to bring contracts into alignment with company policies.
Commit to agreements in a streamlined and secure way
- Workspaces - A secure, collaborative environment for multi-step agreements like financial onboarding or healthcare intake that keeps all stakeholders aligned with a single, organized view.
-
CLEAR Identity Verification -
Docusign is partnering with CLEAR to modernize identity verification in agreement workflows. CLEAR's seamless integration withDocusign — the first time their technology is being used for agreements — gives users a seamless, secure verification experience that's as simple as snapping a selfie.
Manage agreements with AI-driven insights and tracking
- Custom Extractions - Navigator now supports AI-powered custom extractions, making it possible for companies to customize AI models to easily understand their own agreements at scale, with just a few example contracts.
- Obligation Management - A new dashboard for tracking contractual commitments, deadlines, and renewals, ensuring businesses never miss a critical milestone.
To learn more about
About
Media Relations
media@docusign.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/docusign-ushers-in-a-new-era-of-ai-contract-agents-to-transform-business-302429981.html
SOURCE