Adobe Acrobat AI Assistant Unveils New Generative AI Features to Simplify Contract Understanding for All
Adobe has launched advanced intelligent contract capabilities within its Acrobat AI Assistant, designed to streamline the process of navigating complex agreements. These cutting-edge generative AI features are tailored to assist users in quickly understanding intricate contract terms, identifying variations across multiple documents, and validating crucial information with ease and speed.
Contracts are an integral part of both personal and business interactions, from credit card agreements and vendor contracts to loyalty programs and purchase orders. Unfortunately, many of these contracts are lengthy and filled with complex legal jargon, making them challenging to comprehend. According to a recent Adobe Acrobat survey, nearly 70% of consumers have signed contracts without fully understanding the terms, while 64% of small and medium-sized business (SMB) owners have refrained from signing agreements due to concerns about comprehending the content.
“Every month, customers open billions of contracts in Adobe Acrobat, and AI is set to transform how they navigate these documents,” said Abhigyan Modi, Senior Vice President of Adobe Document Cloud. “We are enhancing Acrobat AI Assistant with new features that provide contract intelligence, enabling users to quickly understand, compare, and verify key details in their documents—while ensuring that their data remains secure.”
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Boost Your Confidence When Managing Contracts
With Acrobat AI Assistant’s contract intelligence features, business owners can effortlessly pinpoint key dates in vendor agreements or prepare for discussions with attorneys regarding new partnership contracts. Finance professionals can speed up the review of sales agreements, while marketers can efficiently track changes in updated scopes of work and locate specific deliverables in brand and advertising partnerships. Consumers can easily find occupancy policies in apartment leases, identify unexpected charges in mobile plans, or compare venue amenities for upcoming events.
Adobe Acrobat offers a robust suite of tools to assist users in comprehending, reviewing, and signing contracts within a single application, including:
- Contract Intelligence: Acrobat AI Assistant automatically detects contract documents, including scanned files, and customizes the experience by generating an overview, surfacing key terms with a single click, providing quick summaries, and recommending relevant questions based on the user’s document.
- Clear, Verified Explanations: Acrobat AI Assistant delivers concise summaries with straightforward language, backed by clickable citations to easily verify sources and responses.
- Effortless Comparison: Users can seamlessly compare up to 10 versions of contracts, spotting inconsistencies and discrepancies across multiple documents, including scanned versions.
- Secure Sharing and E-Signing: Easily review contracts with team members and request e-signatures—all within one application.
Trustworthy and Accurate Insights
Acrobat AI Assistant is built with rigorous data security protocols and adheres to Adobe’s AI Ethics guidelines. Adobe ensures that its generative AI models are never trained on customer data and prohibits the use of third-party large language models (LLMs) for training on Adobe customer data.
The AI Assistant integrates advanced artificial intelligence and machine learning models, similar to those used in Liquid Mode, to accurately interpret document structures and content. This ensures a higher level of accuracy and reliability in the assistant’s responses.
Powered by sophisticated prompt engineering and an intelligent framework, Acrobat AI Assistant’s new contract intelligence features deliver precise and relevant insights to help users efficiently manage their contracts.
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