Consumers frequently do not read agreements thoroughly, with 68% citing length as the main barrier, while 27% deem them overly complicated. Adobe Acrobat provides a means to enhance this experience by utilizing AI technology to distill lengthy and intricate contracts into the fundamental components essential for decision-making.
This technology is available to all consumers and can facilitate various processes including relocating, entering a rental agreement, signing a job contract, or assessing terms and conditions of new tech products. Understanding contracts fully in these situations is crucial for all parties involved.
Although their importance is clear, many sign contracts without complete understanding, with 65% confessing to signing without awareness of all particulars. This challenge is especially common when deadlines approach or during busy times, such as August and September when summer concludes and individuals return to work or school.
AI-driven contract tools are increasingly sought after. A survey reveals 69% of UK consumers would feel more confident with an AI assistant capable of summarizing, comparing, and securely reviewing contracts. Adobe Acrobat has customized its AI tools with the typical user in mind, offering a comprehensive suite for creating, modifying, and viewing documents, as well as managing files, including conversion to formats like Excel and Microsoft Word.
The Acrobat AI assistant can streamline the contract process for all individuals by detecting key terms in documents, including scanned ones, and summarizing critical information utilizing proprietary AI. It provides essential features by proposing questions relevant to the document, speeding up communication with solicitors or other stakeholders. This is crucial in situations like property transactions, where around 28–31% of home deals in the UK fall through primarily due to delays related to length and communication, as detailed in [this report](https://www.rightmove.co.uk/news/articles/property-news).
Adobe Acrobat AI further enhances its functionality by comparing and contrasting up to ten documents at once, ensuring uniform outcomes while quickly spotting errors and discrepancies. Such capabilities expedite negotiations, for example, between landlords and potential tenants, by enabling secure and rapid signing and countersigning directly within the application.
This potent AI tool simplifies document management, allowing users to concentrate on more significant matters amidst a sea of data. To discover how Adobe Acrobat AI can revolutionize your document management experience, visit [here](https://www.adobe.com/uk/acrobat/generative-ai-pdf.html?sdid=JZBJVNSV&mv=other).
