Streamline and Automate Agreement Preparation with the Docusign IAM Platform

Table of contents

• The fundamentals of Docusign Agreement Preparation
• Reliable agreements from the start with Docusign Agreement Preparation

Agreements are essential to getting work done, driving revenue, adhering to compliance obligations, and so much more. Yet, for most organizations, agreement creation is slow, cumbersome, and complicated. Once teams take a hard look at their process, they're often stunned at just how much inefficiency and risk they find. Recreating templates from scratch, manually entering data, and managing agreements across disconnected systems are all common practices that lead to costly problems, including:

• Time wasted recreating similar documents instead of using standardized templates

• Errors and inconsistencies from manually inputting contract details, leading to disputes

• Compliance risks due to outdated terms, missing clauses or formatting mistakes

• Inefficient updates with no way to ensure changes are applied consistently across versions

These problems, however, can be easily remedied with the right modern agreement technology. A 2024 study by Deloitte revealed that organizations with more advanced contract creation capabilities report outperforming their financial goals 55% more than organizations that create agreements from scratch.

That's where Intelligent Agreement Management (IAM) can help. We designed new tools for agreement preparation within the Docusign IAM platform to help you ensure the data within your agreements is accurate from the start. Instead of manually piecing together documents, Docusign Agreement Preparation allows for simplified template creation, enhanced accuracy, and the ability to generate agreements faster than ever before.

Here's how these new features can help your business create agreements more efficiently:

The fundamentals of Docusign Agreement Preparation

Agreement Preparation in the IAM platform makes the foundation of agreements even simpler, with customizable templates, document generation, and stronger built-in compliance with a centralized template management system. Here's a closer look:

• Intuitive template creation: Easily and intuitively create your contracts from scratch or from an existing template. Dynamic tables and easy editing tools ensure every agreement is on brand and accurately represents your company. With conditional rules built right in, a single template can drive multiple variations-significantly reducing the number of templates that need to be created, maintained, and updated.

• Streamlined template management: Need to make a change? Updating templates is easy, with a no-code, user-friendly interface that provides centralized management for easy searching and updating. Any changes to a template are instantly applied to all documents generated from it, maintaining consistency without constant and repetitive manual edits.

• Connected workflows and data: Add data to agreements at the point of generation, ensuring data, templates, and agreements stay error-free and in sync across the entire agreement lifecycle. This means no more manual updates, version control headaches, or outdated contracts.

• Stronger compliance: Pre-approved legal language and built-in business rules reduce risk and ensure consistency. Agreement Preparation standardizes templates, automates data population, and helps make sure that every document aligns with your organization's brand, legal, and compliance standards.

Most document generation solutions are built for general use, but Agreement Preparation is purpose-built for agreements. It's specially designed to understand the metadata, workflow logic, and compliance needs unique to your contracts. That means you have the ease and flexibility of instant, tool-agnostic document generation, and the peace of mind that your contracts will remain consistent with your company's compliance standards, even when a template is modified.

The IAM platform works across your HR, legal, sales, procurement, and other teams to make contract management more seamless. From business agreements to offer letters to NDAs, your entire company stands to benefit from a more unified, streamlined agreement process.

Reliable agreements from the start with Docusign Agreement Preparation

Preparing agreements impacts every aspect of your business, which is why Agreement Preparation in Docusign offers an intuitive, efficient, and secure agreement creation and management process. This allows your teams to boost their productivity, generate professional-looking, error-free documents populated with the most current information from your system of record, and have greater assurance that your agreements meet internal and regulatory standards.

Agreement Preparation is part of the IAM platform and currently has limited availability. Contact sales to learn more.