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AXDRAFT Contract Management Software for Banks

Set up bank loans faster with AXDRAFT CLM. Dramatically reduce time spent on document review and loan approval cycles by enabling an automated, mistake-free process in AXDRAFT CLM for banks and front office managers to quickly prepare first drafts of loan agreements.
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Automated onboarding + Soft learning curve
1.5 minutes average drafting time
Access on any device

Documents you can automate with AXDRAFT CLM

Retail lending documents
Loan Agreements
Master Service Agreements
(MSAs)
Financial leasing contract
Corporate lending documents
Employment contracts
Procurement contracts
Your contract’s journey inside AXDRAFT
Step 01

Your Awesome Bank Manager checks the client’s credit score and begins drafting a loan agreement inside AXDRAFT.

Step 02

They draft the agreement by answering simple questions and filling in client information.

Step 03

The agreement is shown to the client and signed on-site or via the platform. The client does not need to sign up with AXDRAFT to access it.

Step 04

The loan agreement is ready to be signed.

Step 05

If a custom clause is required in the agreement, the manager adds a comment to the document.

Step 06

Automated workflows send the document to a legal team for approval within your Awesome Bank.

Step 07

They review the contract inside AXDRAFT.

Step 08

Once legal is happy with how the document looks, they approve it in one click.

Step 09

Both parties sign the loan agreement.

Step 10

Any team member of your bank can easily check the agreement’s terms via AXDRAFT cloud storage.

Get it done with AXDRAFT

Accelerate loan approvals

Spend minutes instead of hours drafting documents and modifying clauses with AXDRAFT CLM. Our platform makes distributing documents easier and enables timely contract reviews and approval, helping your bank secure more deals.

Eliminate in-person visits

Our contract lifecycle management software supports remote banking operations. Draft documents and send them to clients for filling in data. By integrating local registries and valid e-signature tools, the entire process takes minutes. There’s no need to meet your clients in person.

Manage contractual obligations

AXDRAFT CLM offers smart storage and search features that let banks organize documents into logical bundles, track key contract deliverables, and take action to extend contracts. Ensure regional and industry compliance by keeping all documents within easy reach.

Leverage data security

AXDRAFT CLM protects data by encrypting and safeguarding it against data breaches on our platform. Sensitive information will no longer be compromised across emails or shared folders.

Delegate contracts to your clients

Reduce your time spent drafting, filling in, and signing sales contracts to zero. With AXDRAFT QuickDocs, you can create branded self-service contracts with conditional workflows. Improve customer experiences by giving them full control over the contract workflow.

Explore QuickDocs

Join the League of Success!

85%
Faster
10,250
Lawyer’s hours saved
$922,500
Value gained annually

AXDRAFT made it possible to standardize all procurement-related contracts and ensure that the employees always use the most up-to-date templates.

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93%
Faster
6,475
Lawyer’s hours saved
$582,750
Value gained annually

AXDRAFT ensured that all client information is provided once and is automatically transferred to all the necessary documents.

Read case study

97%
Faster
2.08 min
Time/document with AXD
77 min
Time/document without AXD

By automating the ISDA Master Agreement drafting, AXDRAFT helped The Royal Bank of Scotland accelerate their supply agreement management and increase their capacity for more valuable work, all the while mitigating risks through securing contract quality and integrity.

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FREQUENTLY ASKED QUESTIONS

faq 4

How much time do banks save with AXDRAFT?

Banks process contracts 89.3% faster after switching to AXDRAFT CLM. You can estimate your own savings using our pricing calculator.

How much money does AXDRAFT help banks save on contract management?

With streamlined contract workflows and automated routines, banks that use AXDRAFT reduce legal spend by an average of $752.6K annually.

Which aspects of bank contract management does AXDRAFT cover?

AXDRAFT CLM helps banks shorten loan approvals and lease granting. In addition, bank managers can track contractual obligations and generate performance reports based on the amount of contracts they processed.

Which tools does AXDRAFT replace for banks?

AXDRAFT CLM makes contract workflows frictionless by combining word processing, template assembly, document collaboration, email, task management, cloud storage, e-signatures, and analytics into one software.

Can I migrate my existing contracts onto the platform?

Of course! Migrating to AXDRAFT is free of charge, and it doesn’t matter where you’re migrating from—paper contracts, legacy software, or another CLM.

Can AXDRAFT integrate with my CRM software?

Absolutely! AXDRAFT offers integrations with CRM platforms such as Salesforce and Pipedrive, as well as collaboration tools like Slack.

Resources to get you started
Heading a legal team / Playbook
How to Build an Innovative Legal Department
Digital transformation in legal is a complex process that goes beyond workflow automation. Get applicable steps that will help you build the culture of inclusive innovation inside your legal department
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About AXDRAFT / Onepager
How AXDRAFT Ranks Against Other Contract Automation Software
Legal tech market is full of amazing solutions. See how AXDRAFT compares to other document automation software with our feature-by-feature comparison.
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About AXDRAFT / Onepager
AXDRAFT’s Product Overview
See how AXDRAFT document automation software can help you improve your contract management velocity by 80%. Explore key areas in which you can get rid of routine work by automating your documents
Get guide
Capitalize on swift contract turnarounds to provide the best banking service

Shift your contract management into high gear