Introduction

Discover how Concord CLM, an all-in-one contract lifecycle management platform, now integrates with IdentityCheck for enhanced ID verification. Concord’s mission to “keep contracts moving” combines with core features like drafting, approvals, e-signatures, and storage. IdentityCheck enhances this ecosystem by streamlining identity verification, ensuring that users can move seamlessly through the contract lifecycle with verified assurance.

Why Connect IdentityCheck to Concord CLM

Integrating IdentityCheck with Concord CLM provides several benefits:

• Increased Security: By adding a robust KYC check, you ensure that only verified users can access and sign critical documents.
• Improved Efficiency: Automated identity checks reduce manual verification times, allowing for smoother workflow and quicker approvals.
• Cost Savings: Lower verification costs with streamlined automated processes. For instance, Wardle Partners, an accounting firm, achieved 5-10x ROI while saving 30 minutes per client through IdentityCheck.

Setting Up the Integration

1. Log in to your Concord CLM account.
2. Navigate to the Integration Settings section.
3. Find and select IdentityCheck from the list of available integrations.
4. Provide the necessary API credentials to authorize the integration.
5. Customize your ID verification settings as needed.
6. Save changes and conduct a test to verify the setup.

How It Works in Concord CLM

Once integrated, users initiating a new document draft in Concord can trigger an identity check directly from the interface. For example, when starting a contract with a new vendor, a quick identity check in Concord CLM will automatically verify their credentials before permitting them to view or sign. This ensures authenticity and compliance throughout the negotiation cycle.

Frequently Asked Questions

• How is my data stored? All data processed through IdentityCheck is securely encrypted and complies with industry-leading data protection standards.
• Can I customize the verification process? Yes, you have the flexibility to tailor the verification process to meet your specific organizational needs.
• What happens if an identity check is incomplete? If a verification attempt fails or is incomplete, the contract process is paused, and you can request additional documents or information to proceed.

Final Thoughts

Connecting IdentityCheck to Concord CLM enhances security and efficiency, providing peace of mind that all users are verified before interacting with sensitive contracts. Whether for legal, financial, or operational purposes, this integration ensures your document processes are both seamless and secure, solidifying Concord’s status as your go-to contract management solution.