Adobe announced new intelligent contract capabilities within Acrobat AI Assistant, designed to simplify the process of working with complex legal documents. These generative AI features enable users to quickly grasp intricate terms, identify differences between multiple agreements, and verify information with greater speed and ease.
The new functionalities address a significant challenge for both consumers and businesses, as a recent Adobe Acrobat survey indicated that nearly 70% of consumers have signed contracts without fully understanding the terms. For SMB owners, 64% reported avoiding contracts due to a lack of confidence in comprehending the content.
Acrobat AI Assistant is available as an add-on for US$4.99 per month for both free Reader and paid Acrobat individual customers. These capabilities are initially available on desktop, web, and mobile in worldwide English, with other languages to follow, positioning Adobe to enhance document productivity for its more than 650 million monthly active users.
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