Legal

Benefits for Legal Departments

Reduce risk and improve governance

Improve visibility and governance, centrally store all your agreements, and standardize contract clauses and processes with Esignax. Adapt to changing regulatory environments, including evolving data privacy obligations, with the power of pre-built AI.

Do more with the same

Enable self-service by empowering contract risk scoring against pre-approved terms. Set thresholds for your legal team’s involvement with agreements to maximize your resources. Automate and simplify processes for intake, negotiations and approvals with pre-set workflows, approved templates, and clause libraries.

Advise the enterprise

Impact enterprise-wide revenue acceleration or cost savings by automating workflows and accelerating cycle times. Use AI to generate insights and improve
performance.

Maintain lawfulness and court admissibility

A Esignax agreement is tamper-evident, and includes a court-admissible certificate of completion and audit trail, exceeding what is possible with paper-based agreements.

Legal Department Challenges

47% of law departments process more than 1000 agreements every month.

65%

Experience delays in closing deals relating to contract management issues.

59%

Lack visibility into the location and status of agreements pre-execution (and 44% post-execution).

52%

Says contracts go through 3-4 versions before being finalized.

49%

Have difficulty maintaining security and confidentiality.

44%

Experience risk from the inability to proactively detect problematic language.

Customer Stories

Smarter contracting initiative built on Esignax

Seeking to digitally transform procurement contracting, Unilever implemented a global smarter contracting initiative that reduced average contract completion time by 50%.

Smashfly is responding to growth and creating efficiency

Learn how Smashfly’s legal department lightened its workload with automated workflows.

Tata Communications uses Esignax

Learn how this leading communications provider’s legal department reduced contract turnarounds from months to just one day, and realized a 90% savings on courier services.