ServiceNow is a cloud-based platform that offers a range of solutions to businesses, including IT service management, human resources, and legal operations. One of the features of ServiceNow is the ability to create NDA (non-disclosure agreement) contracts quickly and easily using the Legal Service Management module. In this article, we will explore the steps involved in creating an NDA contract using ServiceNow.
Step 1: Access the Legal Service Management module
The Legal Service Management module is part of the ServiceNow platform`s Legal Operations solution. To access it, you need to have the necessary permissions and credentials. Once you have logged in, click on the Legal Service Management module icon on the dashboard.
Step 2: Create a new NDA contract
To create a new NDA contract, click on the `Contracts` tab and then select the `New Contract` option. You will then be prompted to enter the necessary details for the contract, such as the title, description, and parties involved.
Step 3: Customize the NDA template
ServiceNow provides a ready-to-use NDA template that you can customize to suit your business needs. To do this, click on the `Contract Terms` tab and then select the `Edit Template` option. You can then add or remove clauses, edit the wording, and make other changes to the NDA template.
Step 4: Add signatures and approval workflows
Once you have customized the NDA template, it`s time to add the necessary signatures and approval workflows. You can do this by clicking on the `Workflow` tab and setting up the approval process. You can also add electronic signatures using DocuSign, Adobe Sign, or other third-party e-signature integrations.
Step 5: Track the NDA contract status
ServiceNow allows you to track the status of your NDA contract using the `Contract Overview` tab. This feature provides real-time information on the contract`s progress, such as the current stage, the parties involved, and any outstanding tasks.
In conclusion, ServiceNow`s Legal Service Management module provides an easy and efficient way to create NDA contracts. By following the steps outlined above, you can customize and automate the NDA creation process and ensure that your confidential information is protected.
