Negotiations
Secure and Controlled Business Contract Negotiation with CLM 365
Use a consistent, step-by-step contract negotiation process that improves clarity, shortens turnaround times, and supports timely decisions from all parties involved.Â
Teams Negotiate Easily and Close Deals Instantly
Move agreements forward with ease, resolve discussions quickly, and keep every contract on track without delays.
Initiation
Easily route negotiation, and the counterparties will be notified through an Outlook message that will direct them to proceed smoothly.
Comment
Make concise remarks that facilitate teamwork and establish a systematic discussion during the business contract negotiation process.
Timeline
Get a complete timeline of all the comments and actions, which provides visibility and easy follow-up in the contract negotiation process.
Resend Negotiation
Accept negotiation requests and make sure that counterparties are reminded in time and can go on with their review without delay.
Negotiate Smarter, Faster, and Together
Handle contract negotiations with secure sharing and real-time collaboration. Review clauses, propose amendments, and close agreements efficiently, keeping teams aligned and organized at every step.Â
Add Remarks
Add remarks during negotiations before sending the contract for review, helping teams share context and clarify changes.
Controlled Access
Share contracts that are safely locked away with customized permissions, which enable authorized negotiators to view, comment, or edit.Â
Collaborative Approach
Work together in real-time with comments and edits, maintain teams on track, updated and involved during negotiations.Â
Contract Amendment
Suggest, discuss, and accept modifications without any difficulties, and make sure that agreements are correct and updated at all levels.Â
Negotiate With Clarity, Achieve Results and Strengthen Partnerships
A business contract negotiation system helps businesses reach agreements efficiently, maximize value from every deal, and foster interactive collaborations.Â
Faster Approvals
Make faster decisions so that projects and initiatives can start earlier, creating value for both parties.
Transparent Collaboration
Work together under a single roof, and all discussions are visible and aligned, enhancing shared accountability.
Optimized Agreements
Negotiate contracts that are mutually beneficial and produce results that support growth and reduce misunderstandings.
Increased Productivity
Reduce the time spent on negotiations, and teams can work on strategic activities and gain better business impact.
From Approval to Contract Negotiation Process: All in One Platform
Frequently Asked Questions
After business approval, click Negotiate, select the counterparty, add remarks or files, and submit. The counterparty receives an Outlook notification with a link to log in and access the contract. Â
The counterparty receives an Outlook notification containing a link to securely access the contract.Â
Yes, both you and the counterparty can add comments to clarify points and provide feedback.Â
- Prepare: Define objectives, know your goals, and research the other party’s priorities.Â
- Start the Dialogue: Approach discussions positively to foster collaboration.Â
- Discuss Terms: Review clauses and align interests for mutual value.Â
- Resolve Issues: Address challenges and find solutions together.Â
- Finalize Agreement: Confirm all terms are clear and documented.Â
- Close & Sign: Complete the process by signing the contract.Â
Business contract negotiation software is the process where parties review, discuss, and agree on contract terms through revisions and collaboration to reach a mutually acceptable agreement.
