How easy is it for you to keep track of work on a single contract? This can require a lot of attention and concentration and eat up the time you need to do other important tasks. Now imagine that there are dozens of documents that you are working with. This essence complicates the task and forces you to think about creative and technical solutions. These effective solutions include contract management, which is carried out with the help of modern software or web services.
What is contract management?
The management of the contract occurs from the moment the document is created until the signing and execution of the contract or until its resolution. In order to comply with all contract terms on time, monitor its signing and execution, and avoid reputational or financial risks, automated contract management is a necessary solution.
In addition, this term also includes the ability to quickly create and fill out the necessary documents, exchange them with partners, and sign and maintain reports. You can automate the flow of documents and work with contracts using special services, and one of them is airSlate.
Why is it worth using the airSlate service?
The airSlate service offers comprehensive solutions for companies of any field and companies with different numbers of employees. A flexible pricing policy allows you to choose the optimal set of services for each individual case. With the airSlate tools, you can perform many operations you need:
- Create new contracts, orders, invoices and other documents using ready-to-use templates;
- Receive payments;
- Supervise the processing of contracts;
- Integrate the tasks related to the execution of the contract in a single process;
- Automatically update records in CRM;
- Share offers with different departments of your company or with partners;
- Approve and sign agreements on a single platform without using additional software;
- Receive reports in a convenient format without the need to first learn complex standards of interaction with airSlate tools.
You can use all the listed options, both on desktop and with the help of mobile devices. Also, you can delegate routine repetitive tasks to one of the existing bots or create a new one according to your needs.
Generate documents, edit them thanks to various tools that simplify this work and speed it up several times. airSlate is the most powerful all-in-one engine on the market that can handle any task when it comes to interacting with corporate documents.
At the same time, the service is built in accordance with the highest standards of quality, encryption and data protection requirements, so you can freely use airSlate even in the case of sensitive documents or when working with personal data.
Manage contracts to make your business more profitable
Effective contract management frees up dozens of hours of work time, so you can get more done or see new opportunities. All of this has a positive impact on the company’s activities as a whole. As many steps and processes are simplified, the business becomes more flexible, adaptable, and competitive. The company’s profits from this increase, and the chances of mistakes and losses decrease.
When you have an automated document flow, it will be easier for you to deal with phenomena such as:
- Lack of transparency and errors in important agreements;
- A slow life cycle, which is accompanied by the need for personal encounters and greater attention to each fragment of text;
- Violation of terms or terms leading to termination of the agreement, etc.
The biggest risks are reputational, related both to the work of the company itself and its efforts to protect confidential or personal information; and financial, derived from loss of profit or inconsistencies. By avoiding these risks, the automation of work with electronic documents allows you not only to reduce losses, but also to make the company financially successful.
Smooth and convenient contract management
Working with airSlate is done in several steps
1. Preparation and work with templates.
Most official documents and agreements have a similar structure, so airSlate offers many ready-to-use forms that you just need to fill out. You can edit documents according to your needs: add and remove fields, use graphics or multimedia elements, and add an electronic signature to your agreements.
2. Joint work on the agreement
You can share the document with partners, send them documents for further processing or get an electronic signature, etc. You can set notifications and reminders about pending document operations, so you don’t forget about the most important tasks.
3. Automatic renewal of contracts as long as the parties previously agreed and allowed the bot to create a new agreement at the end of the previous one.
4. Track the contract lifecycle as needed.
You can receive all the necessary data on changes and new transactions and even calculate KPIs in real time.
Use modern solutions and stay ahead of your competitors: have more time, earn more and do the best with less effort. The airSlate service will help you do all this, as soon as you integrate this tool into your company’s work routine.
Categories: How to
Source: vtt.edu.vn