{"id":76770,"date":"2023-06-22T03:56:46","date_gmt":"2023-06-22T07:56:46","guid":{"rendered":"http:\/\/blog.cybercon1.com\/?p=76729"},"modified":"2023-07-23T16:07:26","modified_gmt":"2023-07-23T20:07:26","slug":"workflow-of-the-week-applying-automation-to-the-nda-process","status":"publish","type":"post","link":"https:\/\/blog.cyberconservices.com\/index.php\/2023\/06\/22\/workflow-of-the-week-applying-automation-to-the-nda-process\/","title":{"rendered":"Workflow of the Week: Applying Automation to the NDA Process"},"content":{"rendered":"
\n
\n
\n
\n
\n
\n

While this concept is awesome, I wonder how many managers and executives would abdicate this role to their reps.  TH<\/p>\n

By: Mitratech Holdings, Inc<\/a> – Legal managers often find themselves caught in an endless loop of back-and-forth with signatories, painstakingly crafting <\/span>Non-Disclosure Agreements<\/span><\/a> (NDAs) and following up as questions arise, or redlines appear. Not only is this frustrating, but it can slow down the sales cycle precisely when you want to speed it up \u2013 when things are going well, and the prospect is ready for a demo or a sale \u2013 or, just as often, upon the entry of a third party onto company property. Making the NDA process smooth is vital to a friendly and streamlined process \u2013 a sign of corporate hospitality. <\/span><\/p>\n

So imagine this: a world in which legal managers are never involved in the NDA process \u2013 either as contract creators or as legal reviewers. Sales reps could request and execute standard NDAs on their own without the request ever going to legal, offering legal managers relief from this time-consuming cycle and allowing them to reclaim those hours. Enter <\/span>workflow<\/strong> automation<\/span><\/a> \u2014 a game-changing solution that streamlines NDA processes by enabling managers to effortlessly send templatized NDAs on company paper with just a few clicks. <\/span><\/p>\n

A self-service NDA workflow can be up to 7 times faster and 15 times more efficient than a manual process, with 100% compliance and up to 400% ROI<\/span><\/a> \u2014 but only when implemented correctly. Without further ado, here\u2019s the why and how behind automating NDA workflows. <\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

\n
\n
\n
\n
\n
\n

Without automation, NDAs create bottlenecks in sales processes, slowing down time to demo and even time to close \u2014 and create a frustrating experience not only for your legal team, but also for your prospect. There are two main challenges of a manually-driven NDA process: approved language and legal reviews. But with workflow<\/strong> automation, the two challenges can be streamlined and overcome through streamlined logic and robust template libraries.  <\/span>Read On:<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

While this concept is awesome, I wonder how many managers and executives would abdicate this role to their reps.  TH By: Mitratech Holdings, Inc – Legal managers often find themselves caught in an endless loop of back-and-forth with signatories, painstakingly crafting Non-Disclosure …<\/span> Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":76781,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[53],"tags":[179],"class_list":["post-76770","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-workflow","tag-workflow"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/blog.cyberconservices.com\/wp-content\/uploads\/2023\/06\/fingerprint-2904774_1280-1.jpg","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/posts\/76770","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/comments?post=76770"}],"version-history":[{"count":0,"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/posts\/76770\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/media\/76781"}],"wp:attachment":[{"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/media?parent=76770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/categories?post=76770"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/tags?post=76770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}