Do you want to know how to write a simple contract?

Contracts are written by lawyers, for other lawyers. However, the main users of contracts are not lawyers. The main users of contracts are your customers, salespeople, operational staff, customer service representatives and managers. They need to understand the rights and obligations the company has to its customers or suppliers.

Contracts make the world go round. Whether they are online or on paper, having an agreement is supposed to make the rights and obligations of different parties clear.

If your business has contracts that you can’t understand, it’s not just a problem for your customers, it’s a problem for you. Similarly, if your company is writing contracts for lawyers, your contracts are slowing your company down at every stage.

  • At creation – the contracts take longer for lawyers to draft.
  • At negotiation – key details are hard to find, making review difficult.
  • At signing – executives need unclear contracts explained to them before they sign.
  • At implementation – what was agreed to and what needs to be done.
  • At dispute – it’s hard to find and understand the rights of each party.
  • At renewal – difficult to manage the lifecycle of a contract where key details are unclear.
  • And if something changes, your company needs to understand how the contract works with that change.

Contracts need to do more than just sit in a drawer. They have the ability to clarify the parties’ expectations and get various areas of the business involved in the contract process. You can pull lawyers out of the ivory tower and have them involved in creating a contract that truly works for the company it is intending to protect.

PRODUCTIVE PAPERLESS CONTRACT AUTOMATION

How do you get your contract ready for a faster world of automation and digital, paperless contracts?

 

Secrets of Productive COntracts eBook by Verity WHite