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Self-paced
Automating Partnership Agreement
1116 students
30 minutes
Ready to take your partnership agreements to the next level? Discover how to generate your partnership agreements in minutes and automate your most used actions without writing a single line of code.
About this course
This course provides step-by-step instructions on how to build fully-automated partnership agreement workflows. You’ll learn how to unlock business growth by streamlining the partnership agreement lifecycle, improving collaboration between stakeholders, and obtaining better visibility into processes.
By the end of the course, you will be able to create, visualize, and automate partnership agreement processes and similar use cases to benefit both you and your partners.
What’s included?
lessons to explain how to automate partnership agreement workflows
quiz to consolidate your knowledge & test new skills
certificate to showcase your new skills
What will you learn?
How to build fully-automated partnership agreement workflows without coding
How to create visual representations of partnership agreement workflows
How to route documents between recipients and systems
Who is this course for?
Anyone looking to streamline their partnership agreement processes
Anyone looking to automate their partnership agreement paperwork
Those who want to advance their career with new skills
Related workflows
Start learning today
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The automation of Partnership Agreements: automated contract negotiation and document management
Like any other business process, drafting partnership agreements requires preparation and investigation so that every party involved will be ready to sign. For those who’ve decided to build a business, signing business contracts is a necessary step. This lengthy process includes discussing requirements, outlining terms between partners, drawing up a legally binding agreement, and more. You’re bound to run into situations that are prone to bottlenecks. Postponing face-to-face meetings, misplacing documents, and making typos lead to delays and redundant layers of manual review which consume more time and money.
Is it even possible to turn these error-prone processes into a smooth contract workflow? The airSlate Academy takes you on an in-depth journey into configuring workflows for business agreements. You learn about their ins and outs and observe what your team has to do to implement automation of partnership contracts into your organization using airSlate.
The Automating Partnership Agreement Academy course doesn’t answer the question “What are the different types of business agreements?”. It’s specifically designed in such a way that in addition to theoretical knowledge of contract automation processes, including business agreements, you also have a variety of opportunities to practice what you’ve learned by using, for example, small business partnership agreement samples. The Academy introduces you to all of airSlate's features and teaches you how to implement them while drafting partnership agreements properly.
Enroll in the partnership agreement course to learn how to:
- Stay up-to-date on changes using automated email notifications.
- Integrate your workflow with any third-party system, CRM, or ERP without coding.
- Generate documents in a few clicks.
- Process large amounts of data automatically.
- Pre-fill business contracts with relevant information.
The course on the automation of partnership agreements is based on self-paced learning methods, allowing you to control the pace at which you and your team study. It’s also designed to enable users to retake or revisit the course as many times as needed to fully absorb all of the information. Useful guides are accompanied by insightful videos that help save time by showing the platform's interface and functionality, making it easier to get started sooner. You can also use any small business partnership agreement sample to get a feel for the full spectrum of airSlate’s functionality. The course is beneficial for those who want to generate a certified partnership agreement between two or more individuals or between business entities.
Can reusable partnership business agreements templates be valid?
As mentioned earlier, drafting partnership agreements is required when establishing a collaboration between individuals or entities. Let’s take the social media partnership agreement as an example. All parties involved work on creating a contract and try to prevent future conflicts by anticipating the needs of the relationship and writing everything down. Aside from standard information like the partnership’s name, parties involved, etc., a contract should resolve disputes about contributions, allocation of profits, and responsibilities.
No matter the nature, be it a social media partnership agreement or any other type, each contract is unique, so creating a reusable partnership agreement isn’t realistic. However, airSlate is revolutionizing the way we do business and negotiate partnerships. Meaning, you only need one agreement form – a template, if you will – that satisfies state and federal requirements with your preferred proposition structure.
For instance, after you send out your, say, social media partnership agreement to your potential partners, they can then edit it in real-time (highlight, blackout, redline text, and add notes) when coming to a consensus. When both parties come to an understanding, everyone can eSign and automatically receive copies of the executed social media partnership agreement in their email.
Get the most out of the automation of partnership agreements
Drafting partnership agreements is just the tip of the iceberg. Traditionally, the entire process was paper-based and contained a number of bottlenecks and drawbacks. Errors in manual data entry and poor customer experiences are inevitable in environments that promote slow and inaccurate execution, leading to lost revenue. How can airSlate help solve these shortcomings?:- Complete the life cycle of business contracts faster. Automation makes contract negotiation smoother, more efficient, and faster. Come to an official understanding in hours rather than days with the automation of partnership agreements.
- Increase accuracy. Manual data entry results in errors and, in some cases, handwriting that can’t be deciphered. Deploy Integration Bots to push and pull data from various systems of record for more accurate data input.
- Protect data. Cloud-based data storage is much safer and more convenient than paper-based storage. Control access permissions to your business contracts and other documents, protecting them from loss, theft, and incorrectly added information.
- Reduce contract management costs. Traditional processes like scanning, printing, and in-person meetings require more resources to support. Establish digitized management of your business agreements and built-in editing and eSignature tools to increase productivity and decrease costs.
- Manage deals online. airSlate’s comprehensive Dashboard allows you and your team members to manage documents in a single Workspace. Access a vast Forms library of state-specific partner agreement forms, small business partnership agreement samples, addendums, notices, etc., from any device, anywhere, on desktop or mobile.
Automation of business agreements is something your business needs. However, don’t make a mistake, so many others do by not taking advantage of free opportunities to learn about automation specific to your business processes.
If you’re ready to uproot old and outdated steps entrenched in your organization and replace them with streamlined automation, enroll in the Automating Partnership Agreement course at the airSlate Academy today!
Questions & answers
Here is a list of the most common customer questions. If you can’t find an answer to your question, please don’t hesitate to reach out to us.
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According to the usual classification of business agreements, there are three main types of documents: general business contracts (partnership, indemnity, nondisclosure agreements, and property/equipment leases), sales-related contracts (bills of sale, purchase orders, security agreements), and employment contracts (employment, independent contractor, and non-compete agreements).
When it comes to writing business contracts, keep them simple, straightforward, and clear; make sure to address the right parties (including entities) and define objectives. In addition, you should always outline a plan for what to do/what happens when a dispute arises. In this way, you’ll create a solid business contract that most organizations can accept.
Verbal and written business agreements have the same legal force. They need to meet the requirements of a usual contract, and then they can be enforced in court. Nevertheless, the existence of verbal business agreements is harder to prove, so consider having a written document with signatures to protect yourself from potential problems or lengthy judicial proceedings.
You can find examples of business agreements in the airSlate WorkFlow forms and documents library. In addition, you can eliminate tedious tasks and automate the preparation of documents. Join the airSlate Academy and learn how to implement document workflow automation in your company.
All the business agreements you draft must include termination clauses. It allows parties to define circumstances for when they have a right to call off a deal and what happens when they do that. These paragraphs help you protect parties from losing money or time.
airSlate WorkFlow has powerful document generation capabilities, so you can use it for drafting partnership agreements. However, it's not a text editor analog. It's a comprehensive document automation solution that helps millions of businesses around the world streamline their document management processes, delegate monotonous tasks to software robots, and get certified partnership agreements with legally-binding electronic signatures. Try a course by the airSlate Academy to learn more about document automation.
Every business contract is a promise to provide services or sell goods within a specified period. To recognize a document as valid, it must have four key elements: agreement (acceptance of an offer), capacity (understanding of the conditions), consideration (exchanging of values), and intention (understanding that a contract is legally binding). If either party fails to keep promises, another party has every right to sue and recover the amount defined in their business agreement.
All companies want to sign business contracts on their terms. If somebody doesn't agree with somebody else, a compromise needs to be found. For a deal to come out as successful, all parties should feel that their potential gains have been maximized and risks minimized. This process of coming to an agreement on a set of terms is called contract negotiation.
A social media partnership agreement is a contract between a brand or marketer and an influencer. Drafting partnership agreements is required to allow you to include all the expected deliverables, define timelines, payment terms, covered fees and expenses, termination and cancellation clauses, or any other essential aspects of business contracts. This way, you protect yourself from a wide range of troubles.
Make sure you structure your business agreements properly. They must include names of all parties, terms and conditions of the relationship between all parties, and the distribution of profits and losses. Consider using a platform like airSlate WorkFlow to automate your partnership-agreement workflows; drafting partnership agreements doesn’t have to be monotonous or time-consuming. Enroll in a free airSlate Academy course to learn how to do it.