SUMMARY
Coded Contracts
Legal Contract Automation & Generation
Approval Workflow
Automation
Automated Email
Notifications
E-signature and Contract
Status Tracking
THE CHALLENGE
Manual legal contract generation of critical documents like contracts, letters and reports, can become a bottleneck for progressing business deals.
Document templates can be time-consuming to find and outdated – one that doesn’t accurately reflect the current position of the business or is not on brand. Business users will often turn to emails and phone calls to get a ‘quick response’ from the legal team. The legal team responds, but with the same questions each time: “Who is requesting this?”, “What is the purpose?”. Considering the hundreds of documents requested from the legal team, we realize the number of repetitive and tedious hours spent each year when higher impact work should be prioritized instead. Furthermore, after stakeholders have signed the completed document, finalized contracts may not be centralised in a single repository.