The NDA Generator lets companies draft NDAs in a fast, transparent and compliant manner. It replaces MS Word-based processes and allows users to customize the agreement to suit their needs. The tool saves time for both the legal department and the business users by reducing the amount of requests that the legal department receives in relation to NDAs and providing a self-serve solution for business users. The legal department maintains full control over the generated NDA content to ensure compliance with legal and internal requirements. Generated NDAs are automatically stored in a company’s central database, creating a seamless workflow.
Companies frequently need to draft NDAs to enter into new partnerships, onboard new employees or engage third parties to work on sensitive matters. However, the process of generating and signing these documents can be burdensome for everyone involved. Employees often need to reach out to the legal department to request templates or receive guidance for tailored agreements. Without standardized processes in place that substitute manual workflows, business users run the risk of using outdated templates or drafting erroneous agreements manually.
With BRYTER, legal departments can set up an automated workflow to generate NDAs. Using the tool, legal teams specify the logic for different scenarios of NDAs and upload the company’s custom templates to ensure the output looks exactly as if it were drafted in the conventional way. The user is guided through an interactive questionnaire that collects all the necessary information to compose a complete NDA. Based on these answers, the tool determines the correct template and applicable contractual clauses to be inserted in the NDA and within a few clicks a complete NDA is drafted. The NDA Generator can be integrated with e-signing tools such as DocuSign to provide a seamless end-to-end contract workflow.
How it works
The legal department determines the logical flow of the application and uploads approved templates onto the NDA Generator.
The user of the NDA Generator can access it via the company’s intranet and is able to generate legally approved drafts without the need to consult the legal department. Through a customizable, user-friendly and interactive questionnaire, all relevant data is collected from the user via the process designed by the legal department. The drafting process can be intertwined with other processes (email, DocuSign) to streamline the NDA generation process.
A dashboard provides the legal department with an overview of all generated NDAs and the risks associated with them, while the contracts themselves are generated independently by users. The legal department has full control over the templates that can be accessed by users and is able to track the version used for each generated NDA.