How would speeding up contracting help your business?
Companies are being asked to be ever more responsive, more efficient, to mitigate risk, to ensure compliance and do so under ever-increasing budget scrutiny. Does the business view the contracting process as fast and straightforward? How do you mitigate risk without Legal having to review every document that is sent out?
Clarilis’ document automation solution provides a simple, straight-forward and efficient way to prepare contracts and other documents – from capturing all relevant details to producing a high-quality document.
At Clarilis we understand that business transactions can be delayed by the contracting process. We also understand the concern that those contracts might not include all the necessary and up to date clauses, especially as requirements change. Clarilis resolves these issues and enables business users to do more for themselves, quickly, simply and to a high standard, whilst at the same time reducing risk and ensuring compliance.
Clarilis allows legal teams to spend less time preparing documents and more time utilising their knowledge and expertise in advising the business.
Below are some of the reasons that businesses are moving to Clarilis for their document automation, click on the “+” icon on each item to learn more:
Everybody wants the contracting process within a business to be as efficient as possible. The value to the business of a reduced contracting time can go way beyond the time saved in any one particular area. What would it mean to your business if contracts were signed days early than at present? An efficient and automated contracting process will help to achieve this and enable all business functions involved in preparing the contract to work efficiently together.
Document automation with Clarilis saves significant time in making standard or routine changes to template documents; and also avoids time wasted fighting with word processing issues.
The Clarilis solution not only automates the drafting process, but also the process of capturing the details necessary to tailor the contract to the particular situation, either by legal or by business users themselves.
Risk and compliance
Businesses need a way of preparing tailored documents that is simple, straight-forward and, importantly, well-controlled, ensuring that the correct and up to date provisions are included where necessary and appropriate governance checks are implemented. Clarilis makes document automation, within a structured framework, possible and ensures that high quality drafts are produced every time, whilst saving time and providing controls.
Enabling the business to self-serve
Delays in contracting can impact the bottom line. This can be avoided by enabling the business to self-serve at speed, creating their own documents by a simple process and within a controlled environment. The Legal team can review agreements by exception only, where their expertise is required.
Where within the prescribed controls and limits, business users generate their documents themselves, they can then send that document automatically out for signature using an electronic signature tool, such as DocuSign.
“The reaction to date has been extremely positive, both in terms of the delivery of the solution from a cost and time perspective, but also in the usability of the solution and the benefit that it’s accruing for us”
Existing Clarilis Customer
Faster delivery and turnaround
What would it mean to your company if agreements were signed 10%, 20%, 50% earlier?
Document creation is not the goal in itself: it is necessary to facilitate business transactions, and that means that there is revenue, profit and shareholder value at stake. Accelerating the contracting process can have a massive impact on the financials.
We don't have the time or skills?
Businesses rarely have the time to spare, or the right combination of people, process and technology, to get anything more than the simplest of automation projects launched, let alone maintain them. Automation involves deciding what to automate – and how similar document templates can be merged for ease of future maintenance. It requires learning how to automate, working out the logic that sits behind alternative provisions in the document – and then implementing this logic from major provisions down to grammatical changes to reflect changes in number of parties. It also requires promptly keeping automated templates up to date when things change.
That’s why Clarilis do more than license their market-leading automation technology in isolation. Clarilis’ team of Professional Support Lawyers, Document Analysts and Document Automators use their expertise to implement and deliver your document automation projects for you. From merging your templates to meticulous testing, Clarilis’ UK-based team ensures the effort is 1% you and 99% Clarilis. When you want your documents updated, simply supply a marked-up copy and Clarilis take care of updating the automation for you, for the life of your subscription.
Clarilis: all the benefits of automation; none of the downsides.
“In the past, we bought a product, tried to do something with it, failed miserably, put it on the shelf and it gathered dust. We wanted to get technology that was going to help our lawyers work more efficiently and therefore deliver more efficiency and we achieved that.”
Existing Clarilis Customer