Automated Contract Generation: Customer Fills a Form, AI Builds the Document
Sole traders and small businesses need simple contracts fast โ an AI-powered platform generates them without a solicitor.
A web platform allows customers to complete a structured form with the required details and automatically generates a contract (tenancy, sale, services agreement, etc.) using AI. The resulting document is available as a downloadable PDF and can be signed electronically. The operator earns revenue via a per-document fee or a monthly subscription. Key technologies: OpenAI API for text generation, PandaDoc or DocuSign for e-signatures, Stripe for payments, and Bubble.io or Flask for the web interface.
Drafting a tenancy or sales agreement is stressful for most people: solicitors are expensive, generic templates downloaded from the internet rarely fit the situation, and a poorly worded clause can have serious legal consequences. The result is that people either overpay or risk an unenforceable document.
๐The CLM software market is growing
The global contract lifecycle management market is on a long-term upward trajectory, with analysts forecasting a doubling in size over the coming years โ demand for document automation is rising among SMBs and freelancers alike.
