Contract Review and Approval
Accelerate contract management workflows
Simplify and automate the contract review and approval process
Contracts with clients, vendors, and other stakeholders are key to business. But legacy contract review and approval systems at many organizations limit productivity and often have insufficient security. Not to mention they make it hard for teams to find, share, and retain contracts over time in order to scale their efforts. Using Box, contract collaborators can work on secure, centralized contract management software in order to accelerate contract lifecycles, protect content security, and meet compliance standards. Because you shouldn't have to worry about where a contract is or if it’s secure — you should already be looking ahead to the next one.
Create an organized digital contract hub
Store all contracts in one secure location, making it easy to search and collaborate on contracts internally and externally.
Execute contracts quickly
Reduce the time it takes to close contracts by streamlining the contract creation, review, and approval process.
Meet compliance standards and reduce data risk
Maintain compliance standards like FINRA, SOX, and FLSA with Box Governance; reduce data risk with granular permissions controls.
Automate the contract management workflow
Enable task automation and integrate contract lifecycle management software with eSignature technologies.
Key capabilities
Share and collaborate cross-functionally
Employees, vendors, and clients can create and collaborate on contracts in a central, secure workspace.
Redline in real time
Use version control and collaboration features, such as in-file comments and tagging, to edit contracts with multiple collaborators.
Meet compliance standards and reduce risk
Meet retention requirements of regulations like FINRA, SOX, and FLSA with Box Governance
Leverage metadata
Apply metadata to files so users can quickly perform advanced searches and find the contract they're looking for.
Build custom workflows
Easily kick off custom contract review and approval workflows and get real-time notifications on actions that are assigned or overdue.
Leverage seamless eSignature
Send contracts out for eSignature and then save them back to Box using our seamless integrations with eSignature tools like DocuSign and AdobeSign.
Control content security and permissions
Prevent unwanted access to files with global security controls, granular file permissioning, watermarking and more.
On-demand access
Access all of your contracts in Box from your desktop or mobile so you can redline or sign on the go.
Track analytics
Track, generate and export reports on contract activity from Box's admin console.
Extract insights
Use the intelligence of Box Skills to extract information from contracts and due diligence documents.
Related content
Flex streamlined contract review and approval with Box
The old way at Flex: print out a contract, sign it, scan it and then send an email. The new way at Flex with Box: digitize the entire contract process from inception to signing. By leveraging Box as a central cloud repository for the contract creation and approval process, Flex was able to fundamentally transform how it works on contracts.
Build custom contract review and approval workflows with Box Relay
Turbocharge the contract review and approval process across your entire organization. With Box Relay, you can build, track and manage custom workflows around contracts. Meanwhile, you can also keep tabs on the entire process with real-time visibility, progress alerts and cross-team functionality built in.
Ensure compliance and security with Box Governance
Leverage Box Governance to make sure all content meets security, privacy and compliance standards. Apply retention and disposition schedules to comply with FINRA, SOX and more.
Leverage metadata and AI with Box Skills
Use Box Skills to extract metadata from contracts when they're uploaded to Box so you can easily search for the right information later on.
Digital transformation for financial services
Contract review and approval sits at the intersection of the digital workplace and the digital business in every financial services organization. Learn more about how Box helps financial services companies modernize digital workflows.