Axiom Integrates Self-Service Technology with Skilled Negotiators by Launching Accelerator

By CIOReview | Wednesday, September 23, 2015

NEW YORK, NY: Axiom, a provider of technology enabled legal and contracting services released Accelerator- a technology powered contracting platform. The unique solution integrates both self-service technologies with a concierge capability that provides end-users with access to trained contract negotiators. The platform will hence enable business and legal users to execute Non-Disclosure Agreements (NDAs), simple sales contracts, and other routine commercial contracts, faster, more efficiently, and in full compliance with corporate policies and strategies.

The cutting-edge solution helps processing basic agreements with utmost ease, by providing users with a portal for contract negotiation and management. A smarter and flexible self-service contracting option, it works cost-efficiently and business-effectively for agreements where standard templates and in-policy terms and conditions are sufficient. The system is built on the platform and integrated with DocuSign, the Global Standard for Digital Transaction Management and eSignature industry leader.

The solution complements self-serve functionality with real people, via immediate access to Axiom’s experienced concierge contract negotiators. The integration of negotiators, who can tackle non-routine exceptions by seamlessly accessing client playbooks and in-draft documents, is the critical component, which allows Accelerator to succeed where other technology-only contracting solutions fall short.

 “Our ultimate goal is for legal and business users not to be bothered with routine NDA review again. With The Accelerator platform, we’re successfully unburdening the legal and business teams from the distractions of routine contracting hurdles,” says Sandy Devine, Executive Vice President, Axiom.

Accelerator tackles the risk associated with “contracting GPS” functionality: a capability that ensures immediate visibility into contract status and access to performance analytics, thereby minimizing the amount of time in-house lawyers and business teams will spend tackling or chasing down routine contracts.

The system is delivered over the cloud as a Business-Process-as-a-Service (BPaaS) utility, with an easy-to-buy/easy-to-deploy, contract volume-based subscription service. It can deliver cost savings of 50 percent or more via the integration of Axiom’s contract negotiators with industry-leading technology from Salesforce and DocuSign.