Adobe has just incorporated new intelligent capabilities in the assistant to Adobe Acrobat to simplify the work with contracts. The new generative functionalities can help customers understand complex terms and detect differences between several agreements so that they can better understand and verify the information of these important documents, more quickly and easily.
From credit and supplier card contracts to loyalty programs and purchase orders, contracts are a reality for consumers and companies. Most contracts are long and complicated, which makes it difficult and lengthened to understand their content. In fact, a new Adobe Acrobat survey has revealed that almost 70% of consumers have signed contracts or agreements without knowing all the terms and 64% of SME owners claim that they have avoided signing a contract because they were not sure to understand the content.
“Every month, customers open billions of contracts in Adobe Acrobat and AI can change the rules of the game to help simplify their experience,” says Abhigyan Modi, senior vice president of Adobe Document Cloud. “We are introducing new capabilities to offer intelligence of contracts in the adobe’s assistant, facilitating customers understanding and comparing these complex documents and providing appointments to help them verify the answers, all maintaining their safe data.”
Increase your trust with contracts
Taking advantage of the intelligence capacities of the Acrobat’s AI assistant, business owners can quickly identify the key dates in supplier contracts or prepare the review of a new association agreement together with their lawyer. Financial equipment can accelerate the reviews of sales contracts and much more.
Marketing specialists can accurately identify changes in updated work specifications and quickly find deliverables in advertising and brand collaborations. Consumers can quickly locate occupation policies in apartment lease contracts, find rates outside the country in their mobile telephone plans or compare services among the best options for places for a special event.
The new generative functionalities of Adobe Acrobat can help customers understand complex terms and detect differences between several agreements
Adobe Acrobat offers a wide set of functionalities and capacities to help customers understand, review and sign contracts, all in a single application, including:
- Contract intelligence: The Acrobat’s assistant automatically recognizes when a document is a contract (including scanned documents) and adapts the experience, generating a general description of the contract, showing the key terms with a single click, quickly summarizing the information and recommending specific questions depending on the client document.
- Direct and verified explanations: Acrobat’s assistant generates summaries and responses with a clear language and quotes in which you can click, which facilitates and speeds up navigation to the reference source and the verification of the answers.
- Compare and contrast: Quickly observe the differences between versions, check coherence and detect discrepancies in up to 10 contracts, including scanned documents.
- Share and sign: Easily review contracts with collaborators and request electronic signatures, all in a single application.
Get more reliable answers
The functionalities of the Acrobat AI assistant are governed by data security protocols and develop in line with the ethical processes of adobe. Adobe never trains the company’s generative models with customer data and prohibits the third -party LLMs from training with adobe customer data.
Acrobat’s assistant complements LLM technologies with the same models of artificial intelligence and automatic learning that are behind Liquid Mode to provide a very precise understanding of the structure and content of the documents, which improves the quality and reliability of the results of the AI assistant.
The new intelligence capabilities of the Acrobat’s assistant contracts are driven by an advanced Prompts engineering and an intelligent framework, which allows to offer more precise and relevant responses for contracts.
Adobe Acrobat is a fundamental productivity tool for more than 650 million monthly active users that open more than 400,000 million PDF files in the application each month. Released in February 2024, Acrobat’s assistant transforms the way people and companies work with their documents. With new features and a growing adoption, customer conversations with Acrobat’s assistant in the application doubled after quarter in the last quarter of 2024.
Prices and availability: Customers can access the new contract functions in the Acrobat’s assistant. Both customers who use Reader for free and those who have an Acrobat subscription for individuals can acquire Acrobat’s assistant as a complement from € 6.09/month (VAT included)
