Contract workflows for procurement and Legal
ExagiumContracts
Agreements built from language your Legal team approves.
Prepare and negotiate agreements using approved clauses and positions. Keep their sources, approvals, and obligations connected, and bring exceptions to the people responsible for deciding.
Early partnerships
A supplier asks to change a term.
Approved position
Clause source · Legal approval · Negotiating position
Proposed change → Legal review
The responsible reviewer decides whether to accept the exception.
An example of the work
A supplier asks to change a term
- The starting point
- A proposed change to an agreement built from approved language.
- The software assists
- Find the relevant clause, its source, and the negotiating positions Legal has approved.
- The person decides
- Legal reviews new language and decides whether an exception is acceptable.
Illustrative workflow. Arrange a demonstration to see the current product.
- 01
Define the agreement
Bring together the agreement request, commercial requirements, and any existing terms.
- 02
Prepare and negotiate
Use approved clauses and negotiating positions. Bring new language and exceptions to Legal.
- 03
Keep the agreement useful
Retain its history and track the obligations people need to act on.
Legal owns the language
Your lawyers approve the clauses and negotiating positions the team may use. Exagium Contracts retains where the language came from and who approved it.
AI can recommend language for review. It does not become approved language simply because a model suggested it.
A record people can follow
Keep the request, agreement, negotiation, and obligations connected. The next responsible person should have the context they need without reconstructing it from email.
Your team’s approval process
Configure contract workflows around your team’s approval process: the steps, hand-offs, and people responsible for reviewing exceptions. Discuss your requirements in a demonstration.
Alongside Exagium Procurement
Contracts owns agreements and contractual obligations. In the planned suite, Procurement owns sourcing and supplier awards as well as purchasing and payables. The sourcing transition and broader integration are in development; arrange a demonstration to see the current workflows.
Other products