Fixing the Inefficient Reputation of Contract Management Protocols

Signeasy, the leading eSignature and contract management platform, has officially announced the launch of new cutting-edge capabilities to simplify the whole contract management operation. At launch, these capabilities are likely to include Key Terms Extraction, AI Summary, and Smart Q&A, each one bearing the potential to transform that tedious contract review process into a swift and seamless experience, thus saving your business significant time and resources. Talk about the whole value proposition on a slightly deeper level, we begin from the key terms extraction solution, which will make it possible for you to navigate contracts with ease. This it does by pinpointing critical information and avoiding complex legalese. Next up, we have the prospect of AI-driven summaries that bring to the fore concise AI-powered overview of your contracts so to ensure the user is informed at any given moment. Then, there is the Smart Q&A functionality where the agenda is to let users access answers on contract queries, while simultaneously fast-tracking their entire review process.

“With the debut of these AI capabilities, we’re not just enhancing productivity; we’re changing how people look at and interact with contracts,” said Sudeep Shukla, head of AI and New Initiatives at Signeasy. “Imagine cutting 30 minutes off each contract review. The cumulative impact on efficiency and decision-making is monumental.”

Having discussed the specific capabilities, we now must shed some more light upon the particular benefits they are likely to achieve as a collective. These benefits begin from the prospect of efficiency, considering users will be able to substantially slash review times and free up valuable resources for what matters most in the context of individual cause. Joining efficiency is the promise to achieve greater accuracy. This the new capabilities will realize by eliminating human error and ensuring contract clarity for confident decision-making. Hold on, there are still a couple of bits left to unpack. You see, Signeasy’s latest effort also makes a point to conceive optimal scalability, meaning users can seamlessly manage ever-increasing contract volume, and therefore, grow their operations without any hassle. Our final piece of highlight is rooted in accelerated decision-making. With immediate access to crucial contract insights, users can expect to achieve significantly faster and smarter business choices.

“These tools are just the beginning,” said Sudeep. “We’re at the forefront of a new era in contract management, exploring the vast potential of AI to not only streamline but also fundamentally innovate the entire contract lifecycle. We have exciting things lined up in our AI roadmap.”

Founded in 2010, Signeasy’s rise stems, by and large, from its ability to simplify paperwork and increase efficiency across departments like sales, HR, finance, operations, etc. Providing features like document tracking, templates, in-depth usage analytics, multi-admin, and more, combined with industry-grade security and compliance, the company’s proprietary platform can also work alongside popular platforms like Google Workspace, Office 365, HubSpot, and Apple Mobility etc. So far, Signeasy has managed to achieve 60% reduction in paperwork, 90% faster turnaround times, and owing to the better speed, it has also triggered a 60% uptick in organizational productivity. The company’s excellence in what it does can be understood once you consider it processes, at the moment, more than 100 million contracts across 180 countries. In case that didn’t sound impressive enough, then we must mention how it is also a trusted partner for the likes of Pan American, AngelList, Blue Owl, Rappi, Chambersburg, DSV, GAAR, Zimplats, and many other heavyweights.

 

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