What are Mass Contracts?
Mass contracts functionality enables organizations to create, send, and manage bulk contracts to multiple recipients in a single operation. This streamlined process eliminates the need for manual handling of individual contracts, saving time and effort while ensuring consistent and efficient contract distribution.
Use Cases of Mass Contracts Functionality
The below mentioned examples demonstrate how the mass contracts feature streamlines the process of distributing standard contracts to multiple recipients in various scenarios, promoting efficiency and ensuring uniformity in contract management.
Updating Privacy Policies
When organizations need to update their privacy policies to comply with new regulations or address changes in data handling practices, the mass contract feature allows them to send the updated policy to all customers in one go. This ensures that all customers receive the latest version of the privacy policy simultaneously.
Vendor Agreements
In scenarios where organizations require vendors to sign non-disclosure agreements or other contractual agreements, the mass contract feature enables them to send these agreements to all vendors at once. This ensures consistent communication and saves time by eliminating the need to send individual contracts to each vendor.Â
How do Vendor Portals help Strengthen Vendor Collaboration?
Terms of Service Updates
When organizations make amendments to their terms of service agreements, they can use the mass contract feature to distribute the updated terms to all users or customers. This ensures that everyone using the organization's services is aware of and bound by the updated terms.
Employee Contracts
For companies that need to issue employment contracts or update existing contracts for multiple employees simultaneously, the mass contract feature simplifies the process. It allows organizations to send the contracts to all employees in one go, ensuring consistent documentation and reducing administrative effort.
Patient Consent Forms
In healthcare settings, patient consent forms are often required for various procedures, treatments, or participation in research studies. With the mass contract feature, healthcare organizations can send consent forms to multiple patients simultaneously. This simplifies the process of obtaining necessary consents, saves time for both patients and healthcare providers, and ensures that all patients receive the required documentation in a timely manner. Â
AI-Powered Contract Management – A Strategic Priority for Healthcare Organizations?