AXDRAFT / ContractWorks CLM – Contract Lifecycle Management Tool
AXDRAFT (now part of ContractWorks) offers an all-in-one CLM platform designed to streamline contract creation, collaboration, approval, signing, storage, monitoring, and reporting. It supports a modular approach, allowing teams to start with essential needs (e.g., secure repository, drafting, negotiating) and add functionality over time. The solution emphasizes data integrity, integrated workflows, and flexible deployment to fit existing software ecosystems.
What it is
- A modular contract lifecycle management solution that helps organizations manage contracts from start to finish on a single platform.
- Combines drafting, negotiation, approval, signing, storage, monitoring, and reporting into one cohesive tool.
- Focuses on ease of use, efficiency, and cost control by letting you pay only for the features you actually use.
- Integrates with your current software stack to ensure data integrity and smooth workflows.
How to use AXDRAFT / ContractWorks
- Start with a module that fits your needs. Choose essential features (e.g., secure repository, drafting) to get relief on day one.
- Draft and collaborate. Create contracts, collaborate with stakeholders, and track changes in real-time.
- Negotiate and approve. Route contracts for negotiation and approvals within automated workflows.
- Sign, store, and monitor. E-signature options, secure storage, and ongoing monitoring for obligations and renewals.
- Report and optimize. Generate insights on contract performance, bottlenecks, and compliance.
Why teams choose AXDRAFT / ContractWorks
- Modular deployment lets you start small and scale up as needed.
- Intuitive workflows reduce time-to-close and improve collaboration.
- Data integrity and security are prioritized, with centralized storage and governed access.
- Flexible pricing model: pay for what you use, avoiding unnecessary upfront costs.
Safety and Legal considerations
- This tool is intended to manage and automate contract processes; it is not a substitute for legal advice.
- Ensure proper access controls and governance to protect sensitive information.
Core Features
- Modular CLM approach: start with core needs and add functionality over time
- Centralized contract repository for secure storage and easy retrieval
- Drafting tools with templates, clauses, and version control
- Collaborative drafting and negotiation workflows
- Automated routing for approvals and sign-offs
- E-signature integration and legally binding signing workflows
- Obligation and renewal monitoring with alerts
- Comprehensive reporting and analytics on contract performance
- Seamless integration with existing software to preserve data integrity
- Scalable to fit organizations of different sizes and industries
Quick Start Essentials
- Start your free trial to explore drafting, collaboration, approval, signing, and storage workflows
- Request a demo to see how it fits your current processes and software stack
How It Works
- Upload or create contracts in the secure repository
- Use modular features to draft, negotiate, approve, sign, and store
- Monitor contract status, obligations, and milestones from a single dashboard
- Leverage reporting to identify bottlenecks and improve contract cycle times