Docusign AI Assisted Review
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A Docusign AI Assisted Review is a AI-powered contract review platform that is a Docusign product.
- Context:
- It can automate contract reviews by comparing agreements against organizational playbooks to identify discrepancies and suggest compliant language.
- It can generate new clauses and markup suggestions to align contracts with company standards.
- It can centralize contract playbooks to ensure consistent review practices across teams.
- It can integrate with platforms like Microsoft Word to allow in-app contract review and editing.
- It can enhance compliance by standardizing review workflows, reducing human errors in legal processes.
- It can range from a basic clause suggestion tool to a full contract lifecycle management system, depending on use case requirements.
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- Example(s):
- Counter-Example(s):
- See: Contract Lifecycle Management, Legal AI Systems, Document Automation, Compliance Management.
References
2024-11-24
- https://www.docusign.com/blog/ai-assisted-review
- NOTES:
- Accelerates Contract Review and Negotiation: Docusign AI-Assisted Review integrates generative AI directly into Microsoft Word, enabling users to automate the review process, generate new clauses, and markup suggestions, reducing the time required for contract execution.
- Empowers Non-Legal Teams While Maintaining Compliance: By centralizing contract playbooks and standardizing review processes, the platform allows non-legal team members, such as sales and procurement, to participate in contract negotiation without compromising compliance with legal and organizational standards.
- Focus on Risk Management: The platform ensures contracts are reviewed against pre-approved playbooks, identifies discrepancies, and provides automated compliance suggestions, helping organizations mitigate risk across growing teams.
- Enhanced Productivity for Legal Teams: By automating routine contract reviews and delegating simpler negotiations to non-legal teams, Docusign AI-Assisted Review allows legal professionals to focus on high-risk and complex agreements, minimizing bottlenecks in the contract lifecycle.
- Available for Docusign CLM and CLM+ Users: This feature is designed for customers in the United States using Docusign's Contract Lifecycle Management solutions, making it an integral tool for organizations seeking to streamline contract processes and reduce execution times.
- NOTES: