Available as a $4.99 monthly add-on from February 4, 2025, the contract intelligence tools can be accessed on desktop, web, and mobile platforms.

A recent survey by Adobe revealed that nearly 70% of consumers have signed contracts without fully understanding the terms, highlighting the need for such tools.

Users can summarize and highlight important details in contracts, ensuring they do not miss key information.

Key functionalities of the AI Assistant include highlighting important terms, generating citations, and suggesting relevant questions.

These features allow users to compare up to ten different versions of a contract simultaneously, helping to identify discrepancies and ensure consistency.

Adobe has launched new AI features for its Acrobat AI Assistant, aimed at simplifying the understanding of contracts for users.

Adobe's extensive user base and seamless integration with existing workflows may provide a competitive advantage over other companies exploring AI in contract analysis.

Looking ahead, Adobe plans to expand language support for its AI features, anticipating a pivotal year for the widespread use of AI tools in businesses.

The initiative aims to reduce the time users spend deciphering lengthy contracts, addressing concerns that 64% of small and medium-sized business owners hesitate to sign contracts due to a lack of understanding.

After reviewing contracts, users can directly sign documents or request e-signatures from others, streamlining the approval process.

While the Acrobat AI Assistant simplifies the contract review process, users are still advised to read contracts themselves, as AI-generated summaries may contain inaccuracies.

Adobe ensures that all document analyses are transient, with no storage or usage of documents for AI training, thereby maintaining user data privacy.