Managing Contracts

Find documents related to a contract

• Centralized Document Storage: Legisway stores all relevant documents, including emails, in a single location, making them easily accessible.
• Full-Text Search: you can search through the entire text of documents, including the body of emails, to locate specific information or keywords related to the contract.
• Contract-Specific Search: our contract management software allows you to filter search results to only include documents directly related to the contract in question. This can be done by searching for the contract number, parties involved, or other relevant criteria.
• Metadata Search: you can search for documents based on metadata, such as the date the document was created, the author, or the document type. This can be particularly useful for finding older documents or documents that are difficult to locate through full-text search.

Create custom reports & KPIs

• Flexible Reporting: contract lifecycle management tools, such as Legisway, allow you to create custom reports tailored to your specific needs. You can choose from a variety of report templates or build your own from scratch.
• Data Visualization: reports can be visualized in various formats, including tables, charts, and graphs, making it easy to understand complex data.
• Key Performance Indicator (KPI) Tracking: you can define and track KPIs relevant to your legal team's activities, such as the number of contracts reviewed, the average time to close a deal, or the number of legal disputes resolved.
• Data Filtering and Segmentation: you can filter and segment data to gain deeper insights into specific areas of interest, such as performance by team member, department, or region.
• Export Capabilities: reports can be exported to various formats, such as PDF, Excel, or CSV, for further analysis or sharing.
• Integration with Other Tools: Legisway can integrate with other business intelligence tools, allowing you to combine legal data with other relevant data sources to create comprehensive reports and dashboards.

Optimize contract creation with document automation

• Template Creation: Create reusable templates for common contract types, including clauses, boilerplate language, and variable fields.
• Data Mapping: Map data from various sources, such as CRM systems or other databases, to populate the relevant fields in the contract template.
• Conditional Logic: Implement conditional logic to automatically adjust the contract content based on specific criteria, such as the type of contract, the parties involved, or the deal terms.
• Automated Document Generation: Generate accurate and consistent contracts quickly and efficiently by automatically populating the template with the appropriate data.
• Version Control: Track changes to contract templates and generated documents, ensuring transparency and accountability.
• Digital Signatures: Enable electronic signatures to streamline the contract approval and signing process.

Identify and assess contract risks in a timely manner

• Risk Alerts and Notifications: send timely alerts and notifications for upcoming deadlines, potential breaches, or other critical events.
• Contract Expiration Tracking: monitor contract expiration dates and send reminders to renew or terminate contracts as needed.

• AI-Powered Contract Analysis: analyze contracts to identify key clauses, obligations, and potential risks.
• Natural Language Search: quickly find specific information within contracts using simple natural language queries.