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- Contract Lifecycle Management
- Process
- Redline resolution
Redline resolution
Bring proposed wording to a recorded legal decision.
Step by step
-
Review clauses Legal Counsel
Legal Counsel reads the contract clause and the corresponding library entry in the context of the agreement.
- Identify the text actually under negotiation.
- Updates Contract clauses, Clause library, Contracts
-
Resolve redlines Legal Counsel
The proposed change is accepted, rejected or counter proposed with a resolution note.
- Record proposed text, decision and resolution date.
- Updates Redlines, Contract clauses
-
Route approval Contract Manager
Contract Manager checks the agreement wording and selects the approval route for the resulting terms.
- Link the reviewed agreement to named decisions.
- Updates Approval chains, Approval steps, Contracts
Who does what
Roles and permissions- Legal Counsel
- Owns the wording decision; Contract Manager aligns the agreement and routes review; Sales Manager explains commercial terms when needed.
Set up Contract Lifecycle Management your way.
Start free, then use Proto to change fields, steps and approvals before your team goes live.