AI-Automated Contracts and Smart Scaling by Salome Mikadze

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It is apparent that AI-powered contract automation is not a luxury for corporations but a practical tool for those willing to minimize the chaos. Today, even small companies have to deal with contracts every day: rent, partnerships, hiring, NDAs, acts, payments, etc. And if every document gets verified by the founder manually, it takes hours. This is where platforms like Cequence step in.

Even without a large legal team, a business can expect the mistakes in contracts to decrease by 80-90%, dozens of hours to be saved each month, and significantly minimized risks through automated checks. First feasible effects come as soon as in a couple of months. This is particularly critical for companies in their scaling stage because chaos in papers sooner or later explodes, taking the form of tax problems, legal disputes or lost partners.

Naturally, there are nuances: The platform needs to be intuitive because small teams won’t spend weeks just to onboard. It is also key to integrate email, cloud storages, and CRM. And, of course, security, because even small businesses work with sensitive data.

I could forecast that soon enough we will see many ‘easy’ AI assistants appearing, that won’t require any complicated implementation, and this will provide for a significant qualitative change of small businesses’ operations. Startups like Cequence move in the right direction, the only question is who can offer the most reliable and least complicated user experience.

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