While electronic signature technology has done much to speed up the agreement process, many organizations still rely on manual processes and disconnected systems to prepare a contract for signature. Errors go unnoticed, negotiations take longer than they should, sales reps create contracts from scratch and in-house legal counsel is seen as a bottleneck for contract review and approval. Valuable legal resources end up spending significant amounts of time searching for completed agreements, shepherding contracts and managing back-and-forth communication instead of dedicating time to strategic legal work. Customers get impatient and revenue suffers.
Controlling the chaos of preparing and negotiating commercial agreements
