Adobe Acrobat’s AI Assistant Can Simplife Your Complicated Contracts

Adobe Acrobat’s Artificial Intelligence (AI) Assistant is Getting a new capability that will make Announced on Tuesday, The New Feature is Called Contract Intelligence, and It Adds A New Workflow for the AI ​​Chatbot Whenever a User OPENS A Contract Via Accrabat. The company says the feature can surface key details of the contract, which can otherwise get buried in lengthy text. Notably, in November 2024, Adobe relayed A paper about the slimlm ai model that can function entrely with a smartphone and process documents.

Adobe Acrobat Introduces AI-Powered Contract Intelligence

In a blog postThe San Jose-Based Tech Giant Detailed The New Feature for Acrobat’s AI Assistant. The company said it developed the new tool on the basis of the feedback from the adobe acrobat contract ai survey. The survey was consumed in January in partnership with research firm Advanis and Included 1020 Us-Based Consures, 274 Small Business Ownes, 286 Knowledge Worsers, and 202 Technologies Leaders.

The tech giant found that as many as 70 percent of consumers in the us admitted to not reading a contrast before signing it. Similar Sentiments were shared by 62 Percent of the Small Business Ownes, 61 Percent of the Surveyed Knowledge Workers and 63 Percent of the Technology Leaders.

Adobe stated that the new contrast intelligence feature with the acrobat ai assistant solves this problem by improvement the process of navigating through the information in contracts. With this, whenever a user opens a contract in acrobat, the ai chatbot will automatically identify it as such. This will also also work for scanned documents.

Once recognized, the AI ​​Assistant Will Generate a Contract OverView and Surface Key Terms and Clauses in a Single Click. The AI ​​will also also summarise and simplife the contrast language for ease of understanding and readability. Additional, the feature will also also recommend questions specific to the document to help the user gain additional information.

Contract intelligence also adds clickable Citations Next to the Generated Summaries and Responses. Users can click on the citation to find the source of the information to verify the AI-Generated Outputs. Additional, the feature also allows users to compare and look for differentves between versions of up to 10 contracts. This also supports scanned documents.

This feature is now available with the acrobat ai assistant add-on for both paid and free users. The feature is being added to the desktop app, web client, as well as mobile apps. It only supports the English language currently. Notable, the acrobat ai assistant add-on is priced at Rs. 398 a month.