How DocuSign uses AI to help companies avoid 'agreement traps'

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 49 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 63%

Docusign News

Allan Thygesen,Companies,Intelligent Agreement Management Platform

DocuSign (DOCU) CEO Allan Thygesen joins Yahoo Finance's Brian Sozzi to discuss the company’s new product, Intelligent Agreement Management. Thygesen...

Thygesen explains that the new platform can assist companies with every step of the agreement process, aiming to address the “agreement trap,” or the value loss companies are experiencing from agreement-related inefficiencies. In collaboration with Deloitte, DocuSign found the “agreement trap” totals $2 trillion annually.

While the Intelligent Agreement Management platform won’t negotiate contracts for companies, it will help them read agreements received from other parties, point out where the agreement differs from a company’s usual terms, and propose new language.Reflecting on his tenure as CEO, Thygesen notes the company’s “rejuvenation of innovation culture,” explaining that DocuSign is beginning its journey toward introducing its innovations to the market.

The chaotic debut of Trump Media & Technology Group has captivated market participants, as its shares went on a wild ride in which the company's valuation soared to $9 billion before tumbling. The stock's gyrations have drawn traders hoping to profit from its wild swings and caused sharp fluctuations in the net worth of former President Donald Trump, a majority shareholder. Shares of Trump Media last stood at $32.41, some 54% lower than the price they started trading at on March 26.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in BUSİNESS

Business Business Latest News, Business Business Headlines