Docusign is ramping up its Intelligent Agreement Management (Docusign IAM) offer, purpose-building an AI agent to further speed up workflows for less risk and better outcomes across contracts and document management. And of course, this complements the Docusign eSignature advantage.
Advanced contract management with AI mean organisations can:
• Analyse documentation.
• Identify and flag up risks.
• Uncover issues for human attention.
HOW AI EMPOWERS AGREEMENT MANAGEMENT
High-performing organisations often credit AI-enhanced contract management for their success. Deloitte has said that good agreement management is a critical investment for businesses. Indeed, Docusign transforms workflows by shrinking administrative bottlenecks. For example, with Docusign AI, agreements will no longer need to wait in long queues for manual review.
Of course, when you save resources, you can grow revenues.
Meanwhile, contract management is set to benefit greatly from the AI trend, due partly to its traditional reliance on unstructured data. Behind every AI-powered Docusign IAM capability is the Docusign Iris AI engine. Iris selects the right agreement AI models for specific use cases.
For example, with AI-assisted review for risk detection and insight customisation, the idea is to drive better agreement-specific extractions, insights, and automation than generic LLMs.
Further new IAM capabilities include:
• Agreement Prep – New tools with dynamic templates that can automatically populate data.
• Agreement Desk – A collaboration space for sales, procurement, and legal teams.
• Workspaces – A secure, collaborative environment for multi-step agreements that aligns all stakeholders, for instance in finance or healthcare related functions.
• CLEAR Identity Verification – Docusign is partnering with CLEAR to ease identity verification in agreement workflows.
• Custom Extractions – Navigator now supports AI-powered custom extractions for understanding agreements at scale.
• Obligation Management – A new dashboard for tracking contractual commitments, deadlines, and renewals, ensuring businesses never miss a critical milestone.
• And don’t forget: Docusign’s new AI agent for contracts is coming soon for the Docusign IAM integrated platform.
INTELLIGENT AGREEMENT MANAGEMENT ADDS VALUE FAST
Docusign eSignature and IAM technologies deliver increasingly seamless agreement management to organisations. And businesses now seek to supercharge agreement management benefits with AI.
In addition, documentation, contracts and agreements can be a natural place to start with AI – given that so many workflows harbour inefficiencies and poor visibility around data. Smarter document handling therefore can support data analysis that drives business decisions.
Docusign agents go beyond answering questions or summarising text. So AI agents for contracts ultimately represent a further leap forward for agreement automation.
Customers are realising this. For example, Docusign says they’re reporting immediate value already from Docusign IAM.
Read more about the Docusign difference – click here for a downloadable datasheet.
Wondering how Docusign might compare to Adobe? Click here for an eSignature comparison.
PARTNER DOCUSIGN, GROW BUSINESS BENEFITS WITH AI
Because most businesses want to reduce or eliminate tedious and inefficient workflows and practices, Docusign represents significant channel opportunities.
Instead of spending hours searching, reviewing or comparing agreements, staff can work faster and better with AI-enhanced Docusign IAM. In summary, they’re increasingly automating manual tasks, speeding up processes, and adding transparency. And that means actually benefiting from the agreement lifecycle – instead of it holding customers back.
Email QBS at: [email protected]
Telephone QBS on: +44 (0) 20 8733 7100
( Images by Gerd Altmann / Pixabay and Benoît DE HAAS / Pixabay )
