Adobe's Acrobat AI Assistant can now assess contracts for you
Adobe has updated the Acrobat AI Assistant, giving it the ability to understand contracts and to compare them for you. The company says it can help you make sense of complex terms and spot differences between agreements, such as between old and new ones, so you can understand what you're signing. With the AI Assistant enabled, the Acrobat app will be able to recognize if a document is a contract, even if it's a scanned page. It can identify and list key terms from there, summarize the document's contents and recommend questions you can ask based on what's in it.
Adobe
The feature can also compare up to 10 contracts with one another and be able to check for differences and catch discrepancies. When it's done checking, and if you're satisfied that everything's in order, you can sign the document directly or request e-signatures from your colleagues or clients. Adobe listed a few potential uses for the feature and said you can use it to check apartment leases, to verify out-of-country charges for mobile plans and to compare perks or amenities of competing services. It could be even more useful if you regularly have to take a look at multiple contracts for your work or business.
Of course, you'd have to trust the AI assistant to actually be able to spot important information and catch both small and significant changes between different contracts. If it works properly, then it could be one of Acrobat AI's most useful features, seeing as users (according to Adobe itself) open billions of contracts each month on the Acrobat app. The Acrobat AI Assistant isn't free, however. It's an add-on that will cost you $5 a month whether or not you're already paying for Adobe's other services and products.
This article originally appeared on Engadget at https://www.engadget.com/ai/adobes-acrobat-ai-assistant-can-now-assess-contracts-for-you-140058723.html?src=rss
