AI can ‘take out a lot of friction’ in…

Electronic signature company DocuSign (DOCU) sees significant revenue gains in its second-quarter earnings, with CEO Allan Thygesen looking forward to growth opportunities presented by artificial intelligence. Thygesen sits down with Yahoo Finance to discuss DocuSign’s expansive client base and the company’s use cases for integrating AI into drafting digital agreements. “The really big opportunity is actually unlocking the data in the agreements. so, once these agreements are signed, today, they kind of go into the digital equivalent of our old filing cabinet,” Thygesen explains. “They’re typically flat data that no one’s able to access. With AI, we can extract what’s in them, whether it’s the terms and the pricing… and then you can go and evaluate how the company’s performing against those.”
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