CobbleStone Software is a Business Reporter client
It’s not sci-fi, it’s just better.
Let’s be honest. When we hear about AI, our minds jump to robots and sci-fi movies.
But the truth is, the AI coming to our offices in the next couple of years won’t look like something out of a blockbuster. It’ll just feel… better. Faster. Smarter. By 2026, AI won’t be this amorphous, intimidating thing you have to “use”. It’ll be woven into the fabric of how we already work, making our jobs a whole lot easier.
Think about the tools you already use every day. Word, Outlook. We’re already living in them. By 2026, these will get a massive upgrade. No longer just a way to type and send emails, they’ll become intelligent assistants that change everything – such as allowing you to draft and manage contracts via a seamless integration.
Your new AI colleague in the contract department
Let’s talk about contracts. Without the right tools and strategy, it’s a manual, headache-inducing process. You get a new contract, you have to read it line by line, look for the expiration date, flag it on a calendar and hope you don’t miss anything. It’s a pain that can slow down even the most efficient teams.
But what if you had an intelligent assistant right inside Microsoft Word to handle the heavy lifting for you? This isn’t just another add-in – it’s your new superpower.
Imagine your daily workflow, supercharged. You click a button, and the AI assistant screen quickly appears, ready to work its magic. No more slogging through massive contracts. Now, you can:
- Get a quick summary. Need to understand a massive contract but you’re short on time? The AI summarisation feature gives you the essential details in seconds. It’s like having a legal expert on speed dial.
- Spot hidden risks. Worried about hidden risks and inconsistencies? The AI proactively flags potential issues, from suboptimal language to hidden “traps”. It’s your early warning system, so you can catch issues before they escalate.
- Automate your review. Manual reviews are slow and prone to human error. Leading AI performs an automated document review, checking everything from provisions and terms to overall structure and completeness. It helps ensure quality and consistency without the manual headache.
- Access everything from a single hub. No more hunting for scattered documents and data. AI provides easy navigation to your entire library of contracts, companies and other related documents – all in one centralised hub.
This kind of AI doesn’t just simplify, it empowers. You can easily manage, view and swap clauses from a pre-approved library, ensuring every contract is compliant. You get a clear picture of high-risk findings, analyse contract sentiment indicators and even perform multi-document analysis to spot trends across your entire portfolio. You stop fighting with your contracts and start working with a powerful AI helper.