Docusign Launches AI Contract Agents to Revolutionize Business Agreements
Docusign introduces the first AI contract agent to streamline workflows, reduce risk, and enhance agreement management across industries.
Docusign (NASDAQ: DOCU) has launched the industry's first purpose-built AI contract agent, designed to accelerate workflows, reduce risk, and improve outcomes across the entire agreement lifecycle. This innovation is part of Docusign's Intelligent Agreement Management (IAM) platform, which integrates AI to automate manual tasks and streamline contract processes.
Key Features of Docusign's AI Contract Agents
- Automated Risk Detection: AI agents analyze agreements in seconds, flagging risks and surfacing issues requiring human review.
- End-to-End Workflow Integration: From drafting to negotiation, AI agents handle repetitive tasks, freeing teams for strategic work.
- Docusign Iris: The proprietary AI engine powers agreement-specific insights, ensuring precision beyond generic LLMs.
Industry Impact
A Deloitte study highlights that 77% of high-performing organizations prioritize agreement management, with AI-driven solutions like Docusign's accelerating success.
New IAM Capabilities
- Create Agreements Faster:
- Agreement Prep: Dynamic templates auto-populate data.
- AI-Assisted Review: Risk assessment with policy alignment recommendations.
- Streamlined Commitment:
- CLEAR Identity Verification: Secure onboarding via selfie-based verification.
- AI-Driven Management:
- Custom Extractions: Tailored AI models for company-specific agreements.
- Obligation Management: Track deadlines and renewals.
Availability
The AI contract agents will debut in the U.S. by year-end, focusing on procurement and sales workflows. Docusign also plans to extend FedRAMP authorization to IAM for public sector use.
For more details, visit Docusign IAM.
"With AI contract agents, we're bringing automation to the entire agreement process," said Allan Thygesen, CEO of Docusign.
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About the Author
Dr. Lisa Kim
AI Ethics Researcher
Leading expert in AI ethics and responsible AI development with 13 years of research experience. Former member of Microsoft AI Ethics Committee, now provides consulting for multiple international AI governance organizations. Regularly contributes AI ethics articles to top-tier journals like Nature and Science.