DocuSign Unveils AI-Powered Contract Analytics Solution
DocuSign, Inc. DOCU yesterday announced that it has released DocuSign Analyzer, an AI-powered contract analytics solution for incoming contract analysis and negotiation. It has been developed as an extension of another AI-powered solution, DocuSign Insight.
While Insight enables user-companies to search and comprehend documents already possessed, Analyzer simplifies the processes of reviewing and negotiating agreements at their arrival. It assesses risks and opportunities in detail on the basis of a company’s legal and business standards, and provides results in scorecards available within Microsoft Word, Outlook, and DocuSign's contract-lifecycle-management solution.
Overall, the solution ensures secured, efficient and fast approval of contracts, optimization of agreements for a company’s own business and legal standards, and a better-streamlined agreement process.
Jim Wagner, VP of Agreement Cloud Strategy at DocuSign said, "With Insight, we help customers understand the agreements they already have. With Analyzer, we can now help accelerate the review and negotiation of new, incoming agreements."
Notably, DocuSign’s shares have gained 12.7% over the past three months, significantly outperforming the 5.9% rally of the industry it belongs to and 7.4% growth of the Zacks S&P 500 composite.
Zacks Rank and Stocks to Consider
DocuSign currently carries a Zacks Rank #4 (Sell).
A few better-ranked stocks in the broader Zacks Business Services sector are BG Staffing BGSF, Charles River CRAI and Sykes Enterprises SYKE, each sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Long-term earnings- (three to five years) growth rate for BG Staffing, Charles River and Sykes Enterprise is estimated at 20%, 13% and 8%, respectively.
Zacks’ Single Best Pick to Double
From thousands of stocks, 5 Zacks experts each picked their favorite to gain +100% or more in months to come. From those 5, Zacks Director of Research, Sheraz Mian hand-picks one to have the most explosive upside of all.
With users in 180 countries and soaring revenues, it’s set to thrive on remote working long after the pandemic ends. No wonder it recently offered a stunning $600 million stock buy-back plan.
The sky’s the limit for this emerging tech giant. And the earlier you get in, the greater your potential gain.
Click Here, See It Free >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Charles River Associates (CRAI) : Free Stock Analysis Report
Sykes Enterprises, Incorporated (SYKE) : Free Stock Analysis Report
BG Staffing Inc (BGSF) : Free Stock Analysis Report
DocuSign Inc. (DOCU) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
