Need to improve the contract approval process? Easily create different paths for contract approval in Lextree.
Use a simple workflow for mutual non-disclosure agreements and a sophisticated multi-step process for large contracts.
Lextree stores who approved which requests. Approvals and requests are automatically time stamped and available for viewing.
Approval workflows also apply to contract amendments. Easily start contract amendment approvals from the contract record.
Gain insight into the latest developments in your contract portfolio. The contract repository dashboard gives you a presentation of recent contracts and documents. The contract status display shows contracts as they progress through the approval workflow.
Create custom workflows for contract and document requests easily. Configure each step, designate the people responsible, and let Lextree handle the rest.
The contract record collects all the related contract documents together in one place. A single contract record includes the original agreement, all exhibits, all schedules, and all amendments. No more hunting for missing files.
Contract management tasks are more than a simple to do list. Tasks make contract collaboration better.
Gain fresh insights into your contract portfolio. With your contracts and documents in one place, Lextree’s built-in reports provide data for quick analysis of contract risk.
The Requirements feature of Lextree is your general purpose helper. A requirement is any legal obligation or filing you want to track.
Automatic alerts are critical to keep your organization in compliance and to monitor the other party's performance. Schedule alerts to be recurring whenever you want.
Lextree comes with native customization and configuration tools included with each plan. With one customization, you can automatically adapt the dashboard, contract data, and reports to conform to your change.
Contract management is a team sport. Over the life of a contract, many people and departments get involved with a contract: legal, procurement, contract management, and business units. Lextree helps teams collaborate on contracts.