What is Precisely's AI assistant?
Precisely's AI assistant is a built-in copilot that lives directly inside the platform. It’s available whenever you’re viewing, editing, or reviewing a document, whether it’s a draft or published version.
The assistant provides contextual responses based on the document you’re currently working on and retains context from earlier chats within the same document. Each chat is specific to both the document and the user.
How to use Precisely's AI assistant
The Precisely AI assistant can be used within any document in a Precisely project, and is available in all modes (view, edit, suggest, and compare).
To use the AI assistant, simply:
1. Open any document in a project
2. Click the Ask AI button to open the AI assistant on the right-hand side of the document
3. Write any question or prompt into the text box and click Send
The chat history will remain saved within the document, including across new versions of the same document.
Note: The AI assistant cannot currently be used in imported documents.
How to enable Precisely's AI assistant in your organization
Precisely's AI assistant can be enabled in the Organization settings page by an admin user. Switch on the toggle to activate the AI assistant for all users across your organization.
Optional: Enable use of the AI assistant for external reviewers.
Note: To access the AI assistant setting, please reach out to us first to activate the feature in your organization.
What can Precisely's AI assistant be used for?
Once enabled, the AI assistant can assist you directly within your documents to help you review, understand, and draft contracts more efficiently. Some examples of what you can use it for include:
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Summarising contracts or clauses to quickly understand key points.
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Explaining legal language in plain terms for easier interpretation.
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Identifying and flagging potential risks within a contract.
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Translating sections of the document into other languages.
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Answering questions about the document without leaving the editor.
Click here to see example prompts you can use with Precisely's AI assistant.
Third-party providers
For Precisely AI as an add-on subscription, we utilize the API of our third-party providers. Currently, we offer two solutions:
- Azure OpenAI EU (default setting)
- OpenAI US
For more information, please refer to our Supplementary Terms.
Note: Precisely's AI assistant is designed to assist you with reviewing, drafting, and understanding contracts, but it does not replace legal expertise. Always verify its suggestions and consult with legal professionals when necessary. Use it as a support tool to make your workflow faster and more efficient, not as a final authority.
Best Practices:
- Use the AI assistant to help with understanding or clarifying contract content, not as a source of legal advice.
- Always verify the AI’s responses against the contract and your organization’s standards.
- Double-check key details and consult legal experts where necessary before making decisions.