Benefits

Efficiency

For your firm to gain the greatest leverage from your “legal content data assets”, legal and document staff must be able to search, find, share and reuse information regardless of format or location. Yet, due to the multitudes of resources available within a typical enterprise, most people are not aware of all the useful information sources, nor do they have access to them all. Shareforce solves this issue for all legal content & its users. Shareforce helps you to eliminate inefficient access to legal content, thereby improving search and minimizing lost time.

By centralising control of legal content and empowering legal staff, Shareforce gives lawyers direct control over content updates, eliminating reliance on IT functions, external vendors and lengthy change cycles. This cuts IT costs by approximately 75% and streamlines document updating cycles, ensuring changes across all systems can be made within minutes. By eliminating intermediary processes, Shareforce enhances efficiency and accuracy in legal operations.

Productivity

Shareforce boosts productivity and eliminates redundancy in document design and generation. Our streamlined approach enables any authorized user to seamlessly publish legal documents across the entire organization and relevant systems, devoid of complex software or programming requirements.

Legal staff save up to 80% time in drafting legal documents with Shareforce’s Automated Document Creation solution, enabling users to generate tailor-made, complex documents faster and automatically, in MS Word. Contract professionals independently create these bespoke legal documents by using the ‘automated’ contract building blocks that are available in their clause-component databases (“clause library”).

Our platform enhances productivity by facilitating instant updates. Changes need only be made once, and the updated content is swiftly disseminated to all pertinent documents and document-applications. This not only accelerates the speed of updating but also minimizes the need for reliance on IT staff for legal content processes. Imagine this: after implementing Shareforce software, any re-papering exercise (i.e. Ibor/Libor, MiFID) would be vastly easier and substantially quicker, potentially saving firms tens of millions of euros.

Reduce Regulatory Risks

By enhancing uniformity, accuracy, and consistency through automation, Shareforce helps customers mitigate the risk of fines arising from non-compliance and missed deadlines. We enable a shift in the management of legal content updates as our advanced tools automatically disseminate approved revisions or ‘remediation’ to all relevant documents. The updated clauses and remediations are seamlessly presented for acceptance by the document’s ‘owner’, transforming the updating process into a singular, automated event. This not only eliminates manual distribution but also removes the need for individual monitoring, resulting in a significant reduction in errors and an enhanced risk mitigation framework. All edits, approvals and communication in the Update & Approval workflow are logged, providing full visibility and audit trail (for internal purposes or regulatory compliance). Our solution not only ensures compliance but also serves as a robust shield against regulatory costs, including those associated with repapering.

Embrace a future where your organization confidently tackles regulatory challenges, armed with a sophisticated and streamlined approach to regulatory risk management and cost reduction.

Lower Costs

By centralising control of legal content and empowering legal staff, Shareforce gives lawyers direct control over content updates and remediation, eliminating reliance on IT functions, external vendors and lengthy change cycles. This centralization cuts IT costs by approximately 75% and streamlines document updating cycles, ensuring changes across all systems can be made within minutes. By eliminating intermediary processes, Shareforce enhances efficiency and accuracy in legal operations.

Increase Workforce Morale

Shareforce empowers employees with tools and systems designed to minimize repetitive tasks, diminishing the burden of monotonous work. We streamline legal work processes, enabling an environment where collaboration and efficiency thrive. By automating many of the traditionally manual process steps, we revitalize the workplace and allow your junior talent to enjoy their work. By sharing legal content and processes, we offer employees the tools to break down content silos. Our approach aims to curtail employee turnover rates, increasing overall job satisfaction. Cultivating an atmosphere of seamless communication and shared knowledge not only strengthens team bonds but also augments the collective intelligence of the workforce. This enhances job satisfaction which benefits the organization by unleashing the untapped potential of its human capital.

Off-The-Shelf/Turnkey

Shareforce is an off-the-shelf solution with minimal implementation costs. Our software has, from its inception, been developed by making our product as user-friendly and easy-access as possible. Choosing Shareforce means:
(a) No exorbitant initial investments as we are fully developed, tested, and maintained for security and reliability
(b) Low risk: no unforeseen challenges and issues during development
(c) Quick implementation
(d) Short time to value: Shareforce is a complete product, there is no need to wait for development, testing, or deployment
(e) Compatibility: Shareforce is designed to be compatible with a wide range of systems to integrate into existing systems easily.