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online data rooms

secure dataroom for Contract Negotiation

e.law Secure Dataroom revolutionises the way contract negotiation is undertaken, providing a secure, collaborative platform which enables contributors to easily control the lifecycle process of a contract, while ensuring the integrity and a full audit of changes.

A contract is loaded into a private online data room; each party is given access via two tier authentication. Each time a change is made, a new version of the contract is automatically created; ensuring a record of every amendment is kept.

Utilising e.law Secure Dataroom for contract negotiation means a faster, more efficient collaboration and shorter negotiation cycles are achieved, while common problems associated with contract negotiation are overcome.

Key Benefits:

  • Web-based, on-demand online data room allows secure collaboration of contracts
  • Shorter negotiation cycles are achieved through 24/7 global access
  • Tamper-proof audit trail provides completely transparent and fully documented information flow, including context and ownership of all changes
  • Automatic versioning reduces errors by assuring that all parties are working from the current version of the contract
  • Easy navigation & readability of the contract throughout very stage of the negotiation process
  • Built-in workflow tools enable participants to discuss clauses, providing a record of the justification for each amendment.
  • Central repository for reference documents can be linked to and found easily & quickly at anytime
  • All discussion & changes are tracked and saved for future reference restricting unauthorised changes

contract negotiation workflow

For more information, download our online Secure Dataroom for Contract Negotiation brochure:

pdf format  e.law online secure dataroom contract negotiation online brochure 2010 (1,004.51kB)

 

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