Provides a contract management platform that uses standardized templates and a unified workflow to streamline contract creation, negotiation, and signing. This reduces the time and complexity involved in commercial negotiations, enabling teams to close deals faster while minimizing reliance on legal resources.
Funding
$9.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Creating, negotiating, and signing contracts can be a time-consuming and complex process, often requiring significant legal resources and leading to delays in closing deals. Traditional contract management relies on manual workflows and disparate systems, hindering collaboration and increasing the risk of errors.
Solution
Common Paper provides a contract management platform that streamlines the entire contract lifecycle, from creation to signature, using standardized templates and a unified workflow. The platform enables users to build trusted contract templates, leverage AI agents for negotiation, and manage contracts within a single, collaborative environment. By automating key processes and providing a centralized repository for contract data, Common Paper reduces the time and complexity associated with commercial negotiations. This allows revenue teams to close deals faster, minimize reliance on legal resources, and ensure that contracts are easily understood and accessible to all stakeholders.
Target Audience
Common Paper is designed for revenue teams, sales professionals, and legal departments in organizations of all sizes that seek to streamline their contract management processes and accelerate deal closure.
Features
- Standardized contract templates for common agreements, such as SaaS agreements, mutual NDAs, and cloud service agreements
- AI-powered negotiation agents to automate and accelerate the negotiation process
- Centralized platform for contract collaboration, negotiation, and signing
- Automated invoicing and payment collection through Stripe integration
- Language library and annotation tools to customize agreements
- API documentation for integration with other business systems