Ask AI - Get Instant Answers About Your Contracts

Introduction 

Need quick answers about your contracts without sifting through dense legal jargon? SpotDraft's Ask AI is here to help! This intelligent feature allows you to ask questions in plain language and receive instant, relevant answers directly from your contract. Whether you're a legal expert or a business user, Ask AI streamlines information retrieval, saving you time and improving your understanding of key contract terms.

Ask AI is available to all customers who have purchased the AI Suite or VerifAI. 
If you don't see it, ask your Customer Success Manager today.

How to Access Ask AI 

Ask AI is easily accessible from the Contract Details page:

  1. Navigate to any contract within SpotDraft.
  2. Look for the "Ask AI" floating widget in the bottom right corner of the screen.
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  3. Click the widget to open the Ask AI chat window.

Using Ask AI to Get Contract Insights 

Once you've opened the Ask AI chat window, you can start asking questions about your contract:

  1. Type Your Question: Enter your question in the text box at the bottom of the chat window. You can ask specific questions like, "What is the governing law?" or broader questions like, "Summarize this contract."
  2. Read the Answer: Ask AI will analyze the contract and provide a concise answer to your question. The answer will appear in the chat window.
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Understanding Ask AI's Response 

Ask AI's responses include several helpful features:

  • Answer Based on Contract Version: Each answer clearly indicates that it is based on the current version of the contract.
  • References: For each answer, Ask AI provides references to the specific sections of the contract used to generate the response. Click the "Reference" link to view the relevant text. You can also use the arrow button to navigate through the various references that answer your question,
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  • Copy Answer: Click copy icon to copy the answer to your clipboard for easy sharing or use in other documents.
  • Try Again: If the answer isn't what you're looking for, click try again icon to have Ask AI re-analyze the contract and provide a different response. Let us know if the response was helpful by using the 👍 or 👎 icons. Your feedback helps us make Ask AI even better.

Tips for Asking Effective Questions 

  • Use Clear and Simple Language: Ask AI understands plain language, so you don't need to use legal jargon in your questions.
  • Be Specific: The more specific your question, the more accurate and relevant the answer will be.
  • Ask Follow-Up Questions: You can ask follow-up questions to clarify or expand on the initial answer.

Starting a New Conversation 

To clear the current conversation and start a new one:

  1. Click the three dots icon on the top right of the Ask AI chat window.
  2. Click "Clear Chat." This will erase the existing conversation history and prepare Ask AI for a new set of questions.

Benefits for Business Users 

Ask AI is particularly beneficial for business users who may not have extensive legal expertise. By providing easy-to-understand answers to contract-related questions, Ask AI empowers business users to:

  • Quickly understand their contractual obligations.
  • Identify key terms and conditions.
  • Make informed decisions based on accurate contract information.

With Ask AI, navigating complex legal documents becomes simpler and more efficient for everyone.

Important Note 

Ask AI is a powerful tool, but it's important to remember that it is still AI-powered and can make mistakes. Always double-check critical information against the original contract language or consult with a legal professional to ensure accuracy.

Limitations 

Please note the following limitations when using Ask AI:

  • Contract Status: Ask AI is available for contracts with all statuses except "Void," "On-Hold," or "Deleted."
  • File Types: Ask AI currently works on .docx files and PDFs.
  • Contract File Size Limit: The contract file size must be 100MB or less.
  • Source of Information: Ask AI's current capabilities are limited to the language within the contract document itself. It cannot answer questions about general legal concepts, contract activity or information outside of the contract's content.

Conclusion 

Ask AI is a game-changing feature that brings instant contract insights to your fingertips. By providing easy-to-understand answers and direct references to the contract language, Ask AI empowers both legal and business users to quickly grasp key information.

While Ask AI currently focuses on the contract's content, stay tuned for future enhancements! Soon, you'll be able to ask Ask AI questions about the contract lifecycle and draw upon broader sources of information to gain even deeper insights.

 

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