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ContractExpress Contract Creation Software
Improving client service and law department efficiency
Law departments are using ContractExpress to automate the creation and management of business development agreements including NDAs, license agreements, sales agreements, and procurement agreements. Business clients receive approved contracts more quickly, while the lawyers are able to focus on non-standard, high value matters.
Self-service contract creation
ContractExpress presents business users with an intuitive and easy to use self-service, browser based, business orientated questionnaire. The automatic workflow at the heart of ContractExpress for SharePoint enforces compliance by only allowing a business user to access a signature ready, locked PDF version of the generated contract if their answers are complete and compliant.
Approval process
Incomplete, non-compliant, or non-standard answers, including any request by the counterparty for changes or the Word version, are routed with an alerting email to defined legal and/or business approvers. Approvers can view and edit the user’s answers, and approve, reject, or reassign to another approver. Lawyers can access fully styled and versioned Word documents generated from the user’s answers for negotiation with the counterparty’s lawyers.
Audit trail
Every step of the process is logged for audit and management reporting. Executed contracts and their matching answer files are exported to a SharePoint contract management site for searching, alerting, and reporting.
Benefits
Overall, ContractExpress shortens the time to create contracts, brings forward the time when revenue can be compliantly recognized, improves the service provided to clients, makes more effective use of experienced in-house attorneys, and reduces dependency on outside counsel.
Corporations using ContractExpress to provide their business users with safe-self-service contract creation and management for NDAs, license agreements, and sales agreements include Cisco, Cadence, Microsoft, Pepsi, Nike, Logitech, Life Technologies, AXA, SolarCity, and Christies.
Click here to run a short video of ContractExpress for SharePoint.
