Controlling the Chaos of Preparing and Negotiating Commercial Agreements
While electronic signature technology has done much to speed up the agreements, many organizations still use on disconnected, manual systems. Valuable legal resources are diverted from critical tasks and instead spent searching for completed agreements, shepherding contracts and managing communication.
This eBook discusses some of the ways modern agreement technology can help overburdened legal counsel increase efficiency and open up more time to address higher value legal work. It also dives into four simple contract preparation and negotiation tasks that are ripe for automation:
- Automatically create contracts by pulling data from integrated systems
- Shift from disconnected reviews and approvals to a single, centralized location
- Easily manage negotiations and revisions with automatic change detection
- Follow through: automatically track and log document activity for improved accountability and auditability