Increase your speed and legal compliance by creating negotiation-ready contracts using centralized, pre-approved clause and template libraries. Contract creation lets you stop overwhelming your legal department with incorrect language or formatting in document drafts. No more cutting and pasting from a previous contract that may not contain the most up-to-date and legally-compliant language by leveraging document templates. Better yet, Contract Logix will automatically merge all of your key data points such as party names and addresses or expiration dates, renewals and more. This reduces the effort, while dramatically speeding up the process of generating contract documents in Word formats.
By leveraging the pre-approved contract clause and template libraries built especially for your business, even everyday non-legal users to can create legally-compliant contracts and other documents quickly and accurately. It’s particularly useful for your frequently-used contract types and letters and for managing the application of business rules around which clauses to employ under which circumstances. You can even manage the business rules around allowing the usage of standard vs. non-standard language throughout the negotiation and contract creation process.
Contract Logix centralizes Clause and Templates to increase compliance during the creation process.