Posted 4/12/2024, 9:36:30 PM
DocuSign Unveils AI-Powered Platform to Reduce $2 Trillion in Annual Losses from Poorly Managed Agreements
- DocuSign launched new Intelligent Agreement Management platform to help companies avoid "$2 trillion annually" in losses from inefficient agreements
- Platform uses AI to read agreements, highlight key terms, point out deviations from usual terms, and suggest new language
- Helps companies ensure negotiated terms don't get lost after signing
- Part of DocuSign's focus on innovation under CEO Allan Thygesen
- Doesn't negotiate contracts but assists with reviewing agreements from other parties