Automate your contract management lifecycle
Simplify approval lifecycles and close deals faster
Author contracts from DOCX and PDF templates
Edit your existing contracts and create new ones from DOCX or PDF documents. Integrate with multiple systems of record and cloud apps to manage your document workflows on a single platform.
airSlate has been essential in increasing our efficiency at Rock The Street, Wall Street. airSlate allows us to send batch emails instead of having to send each form out individually. Because of airSlate, our forms can now be easily filled out from a mobile device, which has made a huge difference for us and our recipients. The customer service has also been excellent!
Connect contract-related tasks into a single workflow
Automate generating and sending out invoices. Allow clients to securely pay when completing your documents. Forward signed quotes to procurement and update your CRM records automatically.
We were looking for a Clm salesforce solution. We have found the right solution for Contract Management with airSlate.
Integrate contract management with your system of record
Transfer documents and data across all your cloud applications. Create and update records, and run new workflows automatically using airSlate Bots. No coding or expensive configurations necessary.
The flexibility of airSlate allowed us to design a workflow that works for us. The automation built into airSlate helped us remove many manual steps in our old process.
Powerful contract management solution
This chart represents a partial list of features available in airSlate, Nintex, KissFlow, K2 and Spring CM. | PandaDoc | DocuSign | Conga | |
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Basic document generation from Salesforce | ||||
Basic document generation from MS Dynamics 365 | ||||
Basic document generation from NetSuite | ||||
Advanced multi-source document generation | ||||
Actionable fields | ||||
Online editor |
Extra cost
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Conditional logic | ||||
eSignature |
Extra cost
|
Extra cost
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Customizable document routing and approval workflow | ||||
Template library | ||||
Automated notifications and reminders | ||||
Redlining | ||||
Revisions | ||||
Audit log | ||||
External contract review | ||||
Web forms |
Extra fee
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Workflow library | ||||
Multi-cloud workflow automation | ||||
No-code integration bots | ||||
No-code automation bots | ||||
No-code archive bots | ||||
No-code workflow analytics setup | ||||
PDF editing | ||||
PDF annotations | ||||
Role based document access | ||||
Role based field access | ||||
Robotic process automation | ||||
Security and compliance | ||||
HIPAA compliance | ||||
User management | ||||
User and access control | ||||
Organization administration | ||||
Multiple workspaces | ||||
Mobile application | ||||
Integrated payments | ||||
Spreadsheet creation | ||||
In-person signing |
Extra cost
|
Extra cost
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Advanced recipient authentication | ||||
Recipient attachments | ||||
Custom welcome form | ||||
Address book | ||||
Document import | ||||
Document storage | ||||
Branching | ||||
Signing order |
Extra cost
|
Extra cost
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Certificate of completion |
Extra cost
|
Extra cost
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Bulk send |
Extra cost
|
Extra cost
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Distribute via QR code | ||||
File sharing with teammates | ||||
Document authoring and collaboration | ||||
Expiration for process | ||||
No-code analytics | ||||
Custom charts and reporting | ||||
Custom email notifications | ||||
SSO |
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Questions & answers
Automate document workflows with airSlate products
Why is a well-oiled contract management process is so important for business revenue?
Contract management is a standard part of a company’s activities, seen in every industry. The usually complex process aims to build relationships between two parties. Contract management consists of different stages, each of which is important and has its own bottleneck.
Mistakes in contract management can lead to a multitude of costly consequences:- Delivery delays and missed deadlines
- Lack of transparency
- Slow lifecycles
- Errors
- Lack of compliance
To improve your process, you need to evaluate it from the bottom up. Find inefficiencies and eliminate them. For the rest of this article, we’re going to break down how airSlate turns your rusty steps into a fully automated Template.
Step 1. Preparation
Utilize the Forms library — Every new deal requires the proper amount of due diligence to be done. However, most deals are actually very similar. Most often the only things changing are; names, dates, addresses, numbers, product/service, etc. Once you have a good template you don’t have to recreate contracts from scratch.
Step 2. Negotiation
Highlight and redline documents in real time — Negotiating is exhausting. Everyone’s goal is to compromise, while at the same time get what they want. Once one party receives the document, they get right to work, making changes it to it. Without transparency, the deal is doomed to failure. Keep things clear and both parties working collaboratively by keeping everything in one Template. In the airSlate, you see everything, from the edits your client makes to the comments they leave. Once everything has been addressed, in just a few clicks you can transform the written-on draft into a ready agreement.
Step 3. Approval
Send the final draft for signing — After all the preparatory red tape and discussion is completed, you’re ready for the most straightforward stage of contract lifecycle management. Sending documents with a courier or attending meetings to share a document are time-consuming with a lot of moving parts. airSlate makes sending a contract out for signing super simple. All you need to do is add their email addresses or simply create a Public link. Oh, and remember those automation Bots we talked about earlier? One of those Bots even sends reminders to signers so that they don’t forget to add their signature.
Step 4. Execution
Execute and store the contract — Now it’s time to sign. airSlate gives each recipient a unique and legally-binding eSignature even if they don’t already have an account. All they have to do is accept to do business electronically. Once they’ve done that and applied their signatures you receive a notification that the contract is executed. From there, integration Bots move the contract to your desired and pre-defined location.
Step 5. Renewal
Take full advantage of contract lifecycle management — Agreement renewals are a great chance to strengthen relationships with business partners and increase your revenue. On the other hand, it takes a lot of time to check records manually or set calendar reminders. Plus, it’s not uncommon for someone to misenter information. Automated contract management services via Bots allow you to automatically create a new agreement towards the end of the previous one.
Step 6. Analysis
Explore your Dashboard — Keeping track of one contract’s lifecycle is hard enough. How about three, ten, thirty? That gets insane. If your company does any more than a hundred transactions a month, keeping track of all that data manually becomes impossible. And it’s a whole nother thing turning that mess of information into organized data sets and graphs. In airSlate, get metrics in real time. Widgets accurately represent what is happening and even calculate KPI and use measures to gauge various trends.
Get comprehensive contract management software that you don’t need to install. airSlate is an all-in-one platform that provides contract management certification. If you or your employees have an interest in getting free certification in business process automation, visit the airSlate Academy today.