Our Solution
Pactumize helps you to improve your methods for contract authoring and negotiation.
Features
The Contract Builder
Pactumize Contract Builder enables non-lawyers and lawyers to easily and safely create contracts and other important documents as well as to save, manage and track the documents. Since the internal legal team has configured the legal documents, the business users can create contracts specially adapted for the situation, without having to wait for the legal team to review everything. This is possible since the flow is very user-friendly.
By using Pactumize Contract Builder you will achieve lower costs, higher control, better compliance and lower barriers to business.
The Negotiation Room
Pactumize Negotiation Room provides the opportunity to negotiate at a distance. In the Negotiation Room, you can manage all parts of the process. You can either configure your legal documents in the Contract Builder, in order to let the non-lawyers create tailor-made contracts, or upload your own or the counterpart's external documents. Thereafter, you can negotiate both internal and external documents in a secure collaborative environment. The comment system allows you to propose adjustments, both to your own team and to the counterpart. It’s also possible to make changes (for example to adjust wordings or add new clauses) directly in the draft. Contract versions, adjustments etc. are stored on the platform in order to have the best possible transparency.
Furthermore, the Negotiation Room is integrated with the larger platforms for online meetings, which enables you to quickly arrange an online meeting directly on the platform. Moreover, contracts can be signed with the use of digital-ID’s, which makes it possible for you to close deals from anywhere.
By using Pactumize Negotiation Room you will manage your negotiations in an environmentally-friendly and virus-securely way. At the same time, you will save hours and money, get rid of unnecessary meetings and travels, shorten your transaction times and reduce the risk of losing the deal.
The M&A Room
Shortly, Pactumize will launch a negotiation room specially adapted for M&A transactions – M&A Room. Keep your eyes open!
The benefits of using our service
Using pactumize will provide you with these benefits
Lower the costs
Save legal hours.
Environmentally-friendly
Reduce your carbon footprint.
Health-smart negotiation
Lower your virus exposure.
Higher control & better compliance
Get overall control of local agreements and risk assessment regarding e.g. IPR, intellectual property infringement and limitation of liability.
Reduce the risk
Shorten the transaction times and reduce the risk of losing the deal.
Avoid disputes
Make it right from the beginning and avoid future disputes.
How we help you
General Counsels
General Counsels are under pressure from CEO's regarding high legal costs.
At the same time; regulatory requirements have increased dramatically and demand for legal services from large- and midsize companies have increased over the past five years. Due to high legal costs; 70 percent of the legal work in companies is already handled internally – the trend is increasing. Nevertheless, the total legal costs are increasing dramatically and something has to be done. The solution is Pactumize. Implementation of Pactumize Contract Builder enables non-lawyers to easily and safely design tailor-made contracts. Furthermore, Pactumize Negotiation Room makes your negotiations cheaper, quicker and more environmental-friendly.
Purchasing
Due to high workload, in house lawyers as well as external lawyers, become barriers to business.
Thus – the solution to remove these bottlenecks is Pactumize. The Contract Builder enables non-lawyers to design tailor-made contracts. The Negotiation Room will make you get rid of unnecessary meetings and shorten the transaction times.
CEO's
There is consensus among CEOs that the reasons to have internal legal counsels are to identify and prevent commercial risks and to reduce the cost of external legal advice.
According to the CEOs, it’s the volume of law that makes the greatest cost savings of having internal lawyers instead of hiring external lawyers.
CEOs want internal lawyers to focus operationally on creating standard templates and procedures, negotiate contracts and to be the Company Secretary. Thus, CEOs should support a tool that saves legal costs, improves compliance and removes bottlenecks in the business. That tool is called Pactumize.
Compliance Officer
Using Pactumize will improve your:
– Knowledge and overview of existing contractual relations and the risk exposure
– Actual capability to get quick access to contracts and all relevant data and communication prior to any dispute
– General review and update of standard agreements in relation to new legislation or case law
– Documentation of transfer pricing – corporate tax avoidance; the documentation must include a comparability analysis and justification for the transfer pricing method chosen
– Ability to track work and communicate effectively between departments and lawyers
Sales Management
Due to high workload, in house lawyers as well as external lawyers, become barriers to business.
Thus – the solution to remove these bottlenecks is Pactumize. The Contract Builder enables non-lawyers to design tailor-made contracts. Using the Negotiation Room will make you get rid of unnecessary meetings and shorten the transaction times.