Main features of Concord are:
The main benefits of Concord are its features provided for effective follow through after contract execution, an unlimited number of documents and files that can be stored, document monitoring features, and tools that are useful for contract negotiation. Here are more details:
Concord is equipped with various essential features necessary for an effective follow through after the execution of a contract. There are deadline alerts to ensure that users are able to take advantage of the new opportunities and to aid them in handling contract performance. There are summary sheets available for enhanced organization and there are amendment features as well used for monitoring relationships between documents across the entire contract life cycle.
There is no limit to the number of documents and other files that can be stored by users in the system. Thanks to this, users can maintain ties with colleagues, customers, vendors, etc. after a contract was executed. They won’t have to worry about forgetting or losing important documents. The great thing about this is that users can expand their storage without having to pay extra.
There is a Track Changes feature that gives users a distinct record of a document’s updates. It keeps track of the people responsible for each change by creating a new version every time an edit is made. There is a time stamp on the new version as well, giving everyone involved an audit trail of a document. Furthermore, sending document emails back and forth are eliminated because the system is capable of online discussion and editing.
Contract negotiation tools
Concord has brought innovation to contract management by providing users with an all-in-one platform equipped with various robust and intuitive features useful for contract negotiation. An example of such is the e-signature tool that can be used for easily inviting multiple signers to quickly affix their electronic signature securely online.
The following Concord integrations are currently offered by the vendor:
Concord pricing is available in the following plans: