Description
AXDRAFT, now integrated into Onit's ContractWorks, offers a robust solution for automating contract creation and management. The platform empowers users to build dynamic, guided templates with live logic, ensuring consistency and compliance in every document. By answering a series of questions, users can generate accurate, ready-to-review contracts quickly.
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Collaboration is streamlined with built-in redlining capabilities, allowing internal and external stakeholders to comment, suggest edits, and approve changes in real-time. Version tracking maintains accuracy and accountability throughout negotiations. Once finalized, approved contracts are automatically synced to ContractWorks for secure storage, tagging, and comprehensive visibility.
AXDRAFT manages the entire workflow, from drafting to review and approval, while ContractWorks handles secure storage, access controls, and historical records. This connected experience ensures transparency and keeps contracts on schedule. Approvals are simplified by defining approvers and setting conditions within workflows, with final contracts automatically moving to ContractWorks upon completion.
Signature execution is managed through ContractWorks' ReadySign eSignature tools or integrations, as AXDRAFT does not handle signing directly. All contracts are securely stored in ContractWorks, serving as the centralized repository. AXDRAFT maintains document history, version control, and audit trails, while ContractWorks manages long-term storage and repository-level access permissions.
ContractWorks also tracks key metadata, reminders, and enables tag-driven reporting, making dates, clauses, and obligations searchable and reportable. Dashboards provide clear visibility into active contracts, renewal schedules, and team activity. Automated alerts ensure timely notifications for renewals and expirations, leading to smarter contracts and faster business operations.
- CategoryContract Review & Drafting
- Pricing ModelContact sales
- DeploymentCloud
- PlatformsWeb
AXDRAFT Contract Automation's Core Features
Automated contract creation through guided questions
Dynamic template building with live logic
Built-in redlining and real-time collaboration
Streamlined review and approval routing
Seamless integration with ContractWorks for storage
Secure contract repository management
Automated notifications for renewals and expirations
Centralized tracking, reminders, and reporting
Version control and audit trails
Role-based access controls for contract management
How to use AXDRAFT Contract Automation?
Configure: Build dynamic contract templates with AXDRAFT's logic tools.
Generate: Answer guided questions to create accurate contracts.
Collaborate: Use built-in redlining for real-time stakeholder input.
Approve: Route contracts for review and approval within AXDRAFT.
Execute: Finalize contracts and manage signatures via ContractWorks integrations.
Store: Securely store all finalized contracts in the ContractWorks repository.
Manage: Utilize ContractWorks for tracking, reporting, and reminders.
AXDRAFT Contract Automation's Use Cases
- Automated Contract Drafting
- Streamlined Approvals
- Collaborative Negotiation
- Centralized Contract Repository
- Lifecycle Management
- Compliance and Risk Management
- Automated Notifications
