Docsum

What is Docsum?

Docsum is an AI tool designed for contract negotiation, built to make legal teams more efficient. It speeds up contract review and negotiation, helping teams close deals faster. Docsum lets legal and sales teams get through contract reviews and negotiations more quickly by using AI and configurable playbooks. The platform also gathers key contract details from agreements that have already been signed, keeping everyone aligned whether a contract is pending signature or already executed.

While Docsum offers AI-powered suggestions, it does not provide legal advice. The platform stresses that a human should always do the final review.

Who created Docsum?

Docsum was developed by Docsum, Inc. The company builds AI contract negotiation tools tailored for in-house legal departments, using configurable playbooks and AI features to streamline contract review and negotiation.

What is Docsum used for?

• Non-Disclosure Agreements: Review and negotiate redlines on contracts, whether your own or from a third party, using the AI document editor and custom playbooks.
• Pre-Signature: Review and negotiate contract changes faster with Docsum’s AI editor and customizable playbooks.
• Post-Signature: Extract key dates, terms, and obligations from signed agreements, creating a central record.
• Master Services Agreements
• Data Processing Addendums
• HIPAA Business Associate Agreements
• AI contract review and negotiation for legal and sales teams

Who is Docsum for?

• Legal professionals
• Sales teams

How to use Docsum?

1. Pre-Signature: Use Docsum to review and negotiate redlines on contracts, whether working with your own standard agreement or one from another party. The AI document editor and your customized playbooks keep the whole team in sync during review.
2. Post-Signature: Build a central database for your contracts. Docsum’s AI can extract key data from signed agreements stored in places like Docusign, Google Drive, or OneDrive.
3. Getting started: Book a demo to see how Docsum can speed up your contract workflows, with support for NDAs, Master Services Agreements, Data Processing Addendums, and HIPAA Business Associate Agreements.

Keep in mind that Docsum provides AI-generated guidance for contract review, but it does not offer legal advice. Human review remains essential.