Why one template will never be enough
Why you'll need at least 3 documents per contract
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Tim Cummins, the Chief Executive of the International Association for Contract and Commercial Management stated that “contracts are the lifeblood of all businesses”. We’d have to agree.
However, the cost of contracts has reached unprecedented levels. In an IACCM research report (2017), it was found that processing and reviewing a ‘basic everyday contract’ costs businesses $6,900 on average and organisations are spending, on average, 25% of their time contracting on contract creation. Whilst this seems excessive, the IACCM reports that the price of contracting has risen by 38% in the last 6 years so it doesn't seem unreasonable to guess that these costs will only get higher. Whilst you might be reading this thinking that this does not apply to your smaller business, inflated prices for contracts will still affect you.
Legislate finally puts a ceiling in place, saving you significant time and costs. Our lawyer-approved contractual templates:
Users can create, negotiate, sign and manage contracts on our platform. Our patented technology also provides key insights across your contracts, allowing you to take a step back from monitoring when your employees might be requiring pay rises, for example.
For a fair, fast and affordable future sign up today.
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