A routine NDA shouldn’t have to take the scenic route.
An NDA created from the organization’s approved form may only require a focused set of review, approval, and signature steps. Yet when every agreement follows the same route, that NDA can make stops intended for contracts with very different requirements.
Each unnecessary step adds time and asks someone to review an agreement that may not require that person’s attention.
Make each approval step count
Contracts 365 can use contract type to determine which workflow steps apply to an agreement. Tasks can be included or bypassed according to the organization’s configured process, allowing different contracts to follow different approval routes.
An NDA, for example, may require document generation, legal review, signature approval, and electronic signature. A customer or supplier agreement may also require sales, procurement, spend, or other business approvals.
The workflow reflects the needs of the agreement without sending every contract through every possible review.
Apply the right process to the right contract
Consistent contract management doesn’t require every agreement to follow the same path. It requires clear rules for determining which path applies.
Approval Routing by Contract Type helps organizations apply appropriate review while avoiding unnecessary stops. Simpler agreements can move through a focused process, while more complex contracts receive the additional oversight they need.
Ready to Simplify Contract Approvals?
Contracts 365 is powerful contract management software for businesses that use Microsoft 365. See how configurable workflows can help your organization route different contract types through the approval steps that apply.
Request a demo and experience the power of Contracts 365 today.
