Parley Pro is all-in-one software for effective and efficient negotiation. It seeks to accelerate contract time-to-close, as it boosts its efficiency and avoids contract delays. It helps user minimize the time spent on routine administrative tasks and streamline intra-party and cross-party communication and collaboration.
Besides, it is useful to achieve better quality contract. Users can produce better negotiation outcomes using Parley Pro’s Consensus Building Workflow™. It decreases human error and improves users’ negotiation decisions.. They can assign user roles, and gain complete visibility into the contract negotiation process and contract milestones.
Moreover, Parley Pro has different features regarding each step in the contracting process. First of all, it improves the internal review replacing the traditional multiple versions of the same document sent through email, and the corresponding redlines marked in each version. It allows all team members to work on the same document giving comments and text suggestions in a dialogue scheme.
Finally, the document is updated when consensus is reached. Then, it follows the next step: multi-party negotiation. Users can negotiate with their counterparty on the same platform and on the same set of documents. They can capture negotiation points and suggested text changes through discussions, see open discussions prioritized across the entire contract, and focus people’s attention on the key issues.
Moreover, its automated approval acquisition process obtains necessary approvals and moves the document into eSignature to complete the agreement. This erases checklists from the panorama and avoids chasing people for signatures. Regarding the overall management, it helps users never miss expiration or renewal dates. Parley Pro’s interactive dashboards helps them managing their negotiations and tracking contract main milestones. The dashboards display current status and key performance indicators for their portfolio of contracts allowing users to make data-driven decisions to optimize their negotiation process.
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