DocuSign on Wednesday announced the release of DocuSign Analyzer, the newest addition to its digital contract platform Agreement Cloud and the first byproduct of the company’s $188 million cash acquisition of Seal Software last February. The new solution, which leans heavily upon Seal’s own background in AI-powered contract solutions, focuses primarily on the negotiation stage of that life cycle.
Using AI, the solution analyzes legal, sales or procurement contracts to help identify and define risk so that potentially objectionable clauses might be renegotiated ahead of the finalized deal. Other contract solution providers like Pactum or BlackBoiler have also turned to AI in an attempt to address consumer pain points around negotiation—and DocuSign seems keen to establish a long-term presence that market.
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