Embrace efficiency, precision, and speed with Signeasy AI.
April 16, 2024 · Dallas, TX
Contract review shouldn’t eat up your afternoon. Signeasy, the eSignature and contract management platform, announced the public beta of its AI-powered features today: Key Terms Extraction, AI Summary, and Smart Q&A. Together, they turn a slow, manual review into a quick one, saving businesses real time and resources.
Why this matters
Every contract review starts the same way: open the document, wade through dense legal language, and hunt for the one clause you need. Repeat that across every vendor agreement, renewal, and offer letter, and the hours pile up.
Sudeep Shukla, Head of AI and New Initiatives at Signeasy, asks what happens if each review takes 30 minutes less. The combined effect on efficiency and decision-making, he says, is huge.
What Signeasy announced
- Key Terms Extraction: pinpoints the critical information in a contract so you can skip the legalese.
- AI Summary: a concise overview of a contract, so you stay informed without getting buried in detail.
- Smart Q&A: instant answers to your questions about a contract, to speed up review.
- Powered by Azure OpenAI, through a partnership with Microsoft.
- Available at launch in beta for all Business and Business Plus plan customers. (Now generally available to all plans.)
What teams gain
- Efficiency: shorter review cycles, so your team can spend its time on work that matters more.
- Accuracy: fewer manual mistakes and clearer contracts behind every decision.
- Scalability: a growing contract volume stays manageable as the business grows.
- Faster decisions: key contract insights are there the moment you need them.
In their words
Shukla said the launch changes how people look at and work with contracts, and called it only the beginning, with more on the AI roadmap.
Early adopters were quick to weigh in. Vijay Rayapati, Founder and CEO at Atomicwork, said the technology can make complex negotiations far more manageable, leaving teams free to focus on the big picture. Kintan Brahmbhatt, Founder and CEO of Olto, said Smart Q&A could take the intimidation out of understanding legal documents, calling it “user-friendly and incredibly powerful.” And Thiyagarajan M, Managing Partner at Upekkha, loved the idea of getting a quick summary before signing, then drilling into specifics on request.
About Signeasy
Signeasy is a contract management platform used by 48,000 companies in over 100 countries to sign, send, and manage business contracts across Sales, HR, Finance, Operations, and other teams. It offers document tracking, templates, in-depth usage analytics, multi-admin controls, and industry-grade security and compliance. Signeasy has been a recommended Google Workspace app for two consecutive years, integrates with HubSpot and Office 365, and its mobile apps consistently rank among the top 100 business apps on app stores.
