Whether you’re the originator or recipient of a Songpact proposal, the Songpact Negotiator is designed to simplify and accelerate the contract negotiation process. Here’s how:
Step 1: Open the Proposal
You will receive an alert on the platform and via email when a Songpact proposal or counter-proposal is ready for review. Click Review Proposal to access the Songpact Negotiator.
Step 2: Review, Accept or Counter
Next, you will be guided through the proposed terms via the Songpact Negotiator Q&A. Recipients of an initial proposal must answer each question sequentially, while counter-proposals allow you to skip to specific terms.
- Accept: Click Accept to agree to a term. A green tick will appear next to the question and above the tab once all questions in a tab are agreed upon.
- Counter: To counter a term, modify the answer to the question. The platform will automatically flag it as countered with an orange slider icon. Click Reset to revert to the original proposed term.
If unclear on a particular question, click the info bubble icon for clarification.
To add comments for your Collaborator, click the speech bubble icon next to the question and include your message.
Step 3: Special Terms
The final tab contains Example General Terms that will be incorporated at the back of the agreement. Review these illustrative terms, noting that the actual terms will be automatically adjusted based on the agreed Q&A answers in the Songpact Negotiator.
To vary or remove any General Terms or add unique clauses not covered by the Q&A, you can do so by adding a Special Term. Special Terms override any conflicting General Terms, ensuring your specific agreements are prioritised.
Step 4: Submit
Once you have accepted or countered each term:
- If all terms are agreed upon, a draft contract will automatically generate. If satisfied with the draft, click Agree Draft in Principle to confirm you agree to proceed to e-signature. If changes are needed, click Back to make any necessary adjustments.
- If you have countered any terms, review the revised Songpact Proposal Summary. Any changes you have made will be highlighted in orange. Click Back to amend answers if needed. Once satisfied with the counter-proposal, click Submit Counter Proposal to send it to your Collaborator.
Once submitted, you can track its status from your Songpacts dashboard.
Step 5: Issue for Signature
The final party to approve the draft contract initiates the e-signature process by clicking Issue for Signature.
Once issued, each party will receive email instructions for e-signing the final Songpact.
For any further assistance, visit the Songpact Help Centre or contact us at customercare@songpact.com.
