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Operational Excellence

Get Contracts Signed Faster

Every day a contract sits unsigned costs you money—delayed revenue, stalled projects, frustrated customers. This page gives you diagnosis, quick fixes, and workflows to automate follow-up.

Identify your bottleneck in 60 seconds. Get concrete steps you can implement this week.

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60-Second Diagnosis

Where Are You Stuck?

Pick the problem that sounds most like your situation

Symptoms you recognize

  • Approvals keep looping back for more sign-offs
  • It's unclear who must approve what
  • Deadlines slip while waiting for responses

What to do next

  • Set clear approval rules by contract type, risk, and value
  • Use automatic nudges and escalation to keep things moving

Workflows that fix this

Salesforce
Slack
Reduce Contract Review Time by 65% with Automated Legal Workflow
20 minutes
Salesforce
Google Sheets
Contract Compliance Monitor
25 minutes
Google Drive
Salesforce
Clause Risk Analyzer
20 minutes
See all workflows for this problem

Common Contract Execution Time challenges:

  • Approvals take too long: Contracts bounce between legal, finance, and executives. Each handoff adds days. You're never sure who's holding things up or why.
    • Approvals keep looping back for more sign-offs
    • It's unclear who must approve what
    • Deadlines slip while waiting for responses
  • Counterparty delay at signature stage: You've done your part, but the other side is sitting on the contract. No visibility into whether they've even opened it. The deal is stuck at the finish line.
    • Contract sent for signature — then nothing
    • Deal is stuck at the finish line
    • No way to know if counterparty has even looked at it
  • Too many redlines and exceptions: Every contract turns into a negotiation. Multiple rounds of edits take weeks. New exceptions keep appearing even after you think terms are agreed.
    • Multiple rounds of redlines on every contract
    • New exceptions keep appearing late in the process
    • Standard terms get questioned repeatedly
  • Handoffs slow everything down: Contracts get bounced between teams with no clear owner. Status lives in email threads. Nobody knows who's responsible for the next step.
    • The contract gets bounced between teams
    • No single owner or shared status
    • People ask 'where is this?' constantly
How It Works

How ElasticFlow Helps

Simple, powerful tools that work with what you already use

Know exactly where every contract stands

See all your contracts in one dashboard. No more hunting through emails or asking around for status updates.

Automatic reminders do the follow-up for you

Stop chasing signatures manually. The system sends reminders and escalates when things stall.

Get contracts signed faster

Teams using these workflows cut their signing time significantly. Less waiting, more doing.

Benefits of improving Contract Execution Time:

  • Know exactly where every contract stands: See all your contracts in one dashboard. No more hunting through emails or asking around for status updates.
  • Automatic reminders do the follow-up for you: Stop chasing signatures manually. The system sends reminders and escalates when things stall.
  • Get contracts signed faster: Teams using these workflows cut their signing time significantly. Less waiting, more doing.
Workflow Starter Packs

Pick the Pack That Matches Your Bottleneck

Each pack is curated for a specific problem. Start with one workflow, add more as needed.

Starter PackGet started with these 3 workflows

Automated Contract Review Workflow

Best for:

Legal and contract managers

Fixes:

Automates routing based on contract type and value

Outcome:

Contracts reach the right approver immediately, no manual triage

Contract Compliance Monitor

Best for:

Compliance and legal teams

Fixes:

Tracks approval status and flags overdue items

Outcome:

Nothing falls through the cracks, SLAs are enforced

Clause Risk Analyzer

Best for:

Legal counsel reviewing contracts

Fixes:

Identifies risky clauses that need senior review

Outcome:

Standard contracts fast-tracked, exceptions properly escalated

If you have 10 minutes

Automated Contract Review Workflow

Best for:

Anyone who routes contracts manually today

Fixes:

Replaces manual triage with automatic routing rules

Outcome:

Immediate time savings on every contract

If you have 1 hour

Contract Compliance Monitor

Best for:

Teams with SLA requirements

Fixes:

Adds tracking and escalation for approval deadlines

Outcome:

Approval times become predictable and measurable

Workflow packs for contract execution:

Approvals take too long

  • Automated Contract Review Workflow: Automates routing based on contract type and value
  • Contract Compliance Monitor: Tracks approval status and flags overdue items
  • Clause Risk Analyzer: Identifies risky clauses that need senior review
  • Automated Contract Review Workflow: Replaces manual triage with automatic routing rules
  • Contract Compliance Monitor: Adds tracking and escalation for approval deadlines

Signature is stalled

  • Automated Contract Review Workflow: Sends automatic signature reminders on schedule
  • Contract Negotiation Intelligence: Shows which contracts are stuck and why
  • Renewal Risk Monitor: Tracks renewal signatures and flags delays
  • Automated Contract Review Workflow: Sets up basic reminder sequence (24h, 48h, 72h)
  • Contract Negotiation Intelligence: Creates dashboard of all pending signatures

Too many redlines

  • Clause Risk Analyzer: Identifies which redlines are standard vs. need review
  • Contract Negotiation Intelligence: Tracks redline patterns across contracts
  • Automated Contract Review Workflow: Routes redlines to appropriate reviewer automatically
  • Clause Risk Analyzer: Highlights which clauses deviate from standard
  • Contract Negotiation Intelligence: Analyzes redline patterns to improve templates

Handoffs slow everything

  • Contract Compliance Monitor: Creates single view of all contracts and their status
  • Automated Contract Review Workflow: Automates notifications when contracts change stage
  • Regulatory Compliance Tracker: Ensures required steps aren't skipped
  • Contract Compliance Monitor: Sets up basic status tracking dashboard
  • Automated Contract Review Workflow: Connects approval to signature automatically
Quick Wins

7 Quick Wins You Can Implement This Week

Concrete actions you can take today. No system changes required.

1

Remove unnecessary approvers

Symptom

Every contract needs 5+ sign-offs, even simple renewals

What to do

Create approval tiers by risk/value. Low-risk contracts (<$25K, standard terms) need only one approver.

Common mistake

Making exceptions 'just this once' that become permanent workarounds

2

Assign one stage owner

Symptom

Contracts bounce between teams with nobody clearly responsible

What to do

Designate one person per contract who owns movement (not content). They're responsible for follow-up.

Common mistake

Making the stage owner also responsible for legal review—separate movement from content

3

Introduce a signature follow-up cadence

Symptom

Contracts sit at signature stage for days with no follow-up

What to do

Set up: 24h gentle reminder, 48h sales owner alert, 72h executive outreach. Automate it.

Common mistake

Sending too many reminders too fast—space them out and escalate gradually

4

Add a ready-to-sign checklist

Symptom

Contracts get rejected at signature for missing info or wrong entity

What to do

Before sending for signature, verify: correct entity, all signers identified, all attachments included.

Common mistake

Skipping the checklist when you're in a hurry—that's when mistakes happen

5

Reduce redline loops with fallback positions

Symptom

Same clauses get negotiated on every contract

What to do

Create pre-approved fallback language for your top 5 most-negotiated clauses. Sales can offer these without legal review.

Common mistake

Creating fallbacks that are too restrictive—they need to actually resolve the counterparty's concern

6

Fix status chaos with one shared view

Symptom

People constantly ask 'where is this contract?' via email or Slack

What to do

Create one dashboard or spreadsheet showing every active contract, its stage, owner, and days in stage.

Common mistake

Building a complex system nobody updates—start simple and make updates automatic

7

Make deadlines and escalation the default

Symptom

Contracts take as long as they take—no urgency, no consequences

What to do

Set SLAs by stage (e.g., 48h for approval, 72h for signature). Auto-escalate when breached.

Common mistake

Setting SLAs without escalation paths—deadlines without consequences are just suggestions

Quick wins for improving contract execution time:

  • Remove unnecessary approvers: Every contract needs 5+ sign-offs, even simple renewals. Action: Create approval tiers by risk/value. Low-risk contracts (<$25K, standard terms) need only one approver.. Avoid: Making exceptions 'just this once' that become permanent workarounds
  • Assign one stage owner: Contracts bounce between teams with nobody clearly responsible. Action: Designate one person per contract who owns movement (not content). They're responsible for follow-up.. Avoid: Making the stage owner also responsible for legal review—separate movement from content
  • Introduce a signature follow-up cadence: Contracts sit at signature stage for days with no follow-up. Action: Set up: 24h gentle reminder, 48h sales owner alert, 72h executive outreach. Automate it.. Avoid: Sending too many reminders too fast—space them out and escalate gradually
  • Add a ready-to-sign checklist: Contracts get rejected at signature for missing info or wrong entity. Action: Before sending for signature, verify: correct entity, all signers identified, all attachments included.. Avoid: Skipping the checklist when you're in a hurry—that's when mistakes happen
  • Reduce redline loops with fallback positions: Same clauses get negotiated on every contract. Action: Create pre-approved fallback language for your top 5 most-negotiated clauses. Sales can offer these without legal review.. Avoid: Creating fallbacks that are too restrictive—they need to actually resolve the counterparty's concern
  • Fix status chaos with one shared view: People constantly ask 'where is this contract?' via email or Slack. Action: Create one dashboard or spreadsheet showing every active contract, its stage, owner, and days in stage.. Avoid: Building a complex system nobody updates—start simple and make updates automatic
  • Make deadlines and escalation the default: Contracts take as long as they take—no urgency, no consequences. Action: Set SLAs by stage (e.g., 48h for approval, 72h for signature). Auto-escalate when breached.. Avoid: Setting SLAs without escalation paths—deadlines without consequences are just suggestions
Ready to Use

Copy-Paste Message Templates

Stop writing follow-up emails from scratch. Copy, customize the [brackets], send.

Counterparty Follow-up

3 templates

Gentle follow-up (24 hours)

Subject: Quick check-in: [Contract] signature
Hi [Name], Just checking in on the [Contract] we sent over yesterday. Let me know if you have any questions or need anything from our side to move forward. Happy to jump on a quick call if that's easier. Best, [Your Name]

Standard follow-up (48 hours)

Subject: Following up: [Contract] ready for signature
Hi [Name], Wanted to follow up on the [Contract] sent on [Date]. We're ready to move forward on our end and want to make sure nothing is blocking you. Is there anything you need from us? Any questions about the terms? Looking forward to getting this wrapped up. Best, [Your Name]

Final follow-up (72+ hours)

Subject: Action needed: [Contract] signature by [Date]
Hi [Name], I wanted to reach out one more time about the [Contract]. We're targeting [Target Date] to have this finalized so we can [benefit/next step]. If there are any concerns or questions holding things up, I'd love to address them directly. Would a quick call this week help? Please let me know the best way to move this forward. Best, [Your Name]

Internal Escalation

2 templates

Internal escalation to deal owner

Subject: Contract stalled: [Company] - [Contract]
Hi [Deal Owner], The [Contract] with [Company] has been pending signature for [X] days. Here's the status: • Sent for signature: [Date] • Last activity: [Date/Activity] • Counterparty contact: [Name] Can you reach out to your contact to help move this forward? Let me know if you need any support. Thanks, [Your Name]

Executive escalation

Subject: Urgent: [Company] contract needs executive attention
Hi [Executive], The [Contract] with [Company] ([Deal Value]) has been stalled for [X] days at the signature stage. This is impacting our [quarter-end close / project timeline / revenue recognition]. Situation: • Contract approved internally: [Date] • Sent for signature: [Date] • Days waiting: [X] • Counterparty contact: [Name, Title] Recommended action: Executive-to-executive outreach to [Counterparty Executive] to prioritize signature. Let me know if you need any additional context. Thanks, [Your Name]

Request Missing Info

2 templates

Request missing signer information

Subject: Need signer details for [Contract]
Hi [Name], We're ready to send the [Contract] for signature, but we need a few details: • Full legal name of signer: ___ • Title: ___ • Email for signature request: ___ Once we have this, we can send the contract out immediately. Thanks, [Your Name]

Request missing contract details

Subject: Quick clarification needed: [Contract]
Hi [Name], Before we can finalize the [Contract], we need clarification on: • [Specific question 1] • [Specific question 2] This will help us avoid any back-and-forth once the contract is out for signature. Can you confirm these details by [Date]? Thanks, [Your Name]

Message templates for contract follow-up:

  • Gentle follow-up (24 hours) (counterparty): Hi [Name], Just checking in on the [Contract] we sent over yesterday. Let me know if you have any q...
  • Standard follow-up (48 hours) (counterparty): Hi [Name], Wanted to follow up on the [Contract] sent on [Date]. We're ready to move forward on our...
  • Final follow-up (72+ hours) (counterparty): Hi [Name], I wanted to reach out one more time about the [Contract]. We're targeting [Target Date] ...
  • Internal escalation to deal owner (escalation): Hi [Deal Owner], The [Contract] with [Company] has been pending signature for [X] days. Here's the ...
  • Executive escalation (escalation): Hi [Executive], The [Contract] with [Company] ([Deal Value]) has been stalled for [X] days at the s...
  • Request missing signer information (missing-info): Hi [Name], We're ready to send the [Contract] for signature, but we need a few details: • Full leg...
  • Request missing contract details (missing-info): Hi [Name], Before we can finalize the [Contract], we need clarification on: • [Specific question 1...
Expert Playbooks

Playbooks & Cheat Sheets

Practical guides you can print, share, and use immediately. No fluff, just procedures.

A step-by-step cadence for following up on stalled signatures without being pushy.

Day 0

Send contract with clear deadline and next steps in the cover email

Sets expectations upfront. Counterparties respond faster when they know the timeline.

+24 hours

Send a gentle check-in: 'Just making sure this arrived. Any questions?'

Catches delivery issues early. Shows you're attentive without being pushy.

+48 hours

Send a more direct follow-up with specific ask: 'Can you confirm you'll sign by [date]?'

Moves from passive to active. Gets a commitment or surfaces blockers.

+72 hours

Escalate to the counterparty's internal champion or your deal owner

If the signer isn't responding, someone else needs to nudge them internally.

Day 5-7

Executive-to-executive outreach if still stalled

Last resort. Shows this is important and gets senior attention on their side.

How ElasticFlow Helps

Three Ways to Move Faster

Focus on outcomes, not process overhead

Visibility

See what's stuck and who's next. One dashboard shows every contract, its stage, and how long it's been waiting.

Momentum

Automatic follow-up and escalation. Reminders go out on schedule, escalations happen when SLAs breach. No manual chasing.

Repeatability

Turn best practices into workflows. What works once becomes the standard process for every contract.

Industry Benchmarks

Replace "Universal" Thresholds with Context

Targets vary by industry and model. Don't chase a single global number.

Good

Contracts close in under a week. Full visibility into status, automatic reminders handle follow-up, minimal manual intervention required.

Focus on edge cases and exceptions. Look for the 10% of contracts that take longest and fix those specific bottlenecks.

OK

Most contracts close in 1-2 weeks. Some visibility into the process but still requires manual follow-up and status checking.

Implement automatic signature reminders first—it's the fastest win. Then add a status dashboard so you can see what's stuck.

Needs Attention

Contracts regularly take more than 2 weeks to get signed. Constantly chasing people for status updates. No clear visibility into where things are stuck.

Start with the basics: create a shared status view and assign clear owners. Then add reminders. Don't try to fix everything at once.

Efficiency benchmarks:

  • Good: Contracts close in under a week. Full visibility into status, automatic reminders handle follow-up, minimal manual intervention required.. Applies to: . Source:
  • OK: Most contracts close in 1-2 weeks. Some visibility into the process but still requires manual follow-up and status checking.. Applies to: . Source:
  • Needs Attention: Contracts regularly take more than 2 weeks to get signed. Constantly chasing people for status updates. No clear visibility into where things are stuck.. Applies to: . Source:
Real Examples

How Teams Like Yours Fixed It

Real situations, real changes, real results

SaaS company cut signing time from 6 weeks to 2 weeks

Before

Legal team reviewed every contract manually. Sales complained about deals stalling. No visibility into where contracts were stuck.

What Changed

Implemented tiered approvals (standard contracts skip legal) and automatic signature reminders. Created a dashboard showing all pending contracts.

After

Standard contracts now close in days, not weeks. Legal focuses on complex deals. Sales has visibility and stops asking 'where is my contract?'

Procurement team eliminated signature chasing

Before

Spent hours every week following up with vendors who hadn't signed. No way to know who was holding things up or why.

What Changed

Set up automatic reminder sequence (24h, 48h, 72h) with escalation to vendor's internal champion. Added status dashboard.

After

Follow-up is automatic. Dashboard shows exactly which contracts need attention. Team reclaimed a full day per week for other work.

Finance got predictable month-end closes

Before

Month-end close was unpredictable. Couldn't forecast which contracts would be signed in time for revenue recognition.

What Changed

Real-time status dashboard shows where every contract stands. Automatic alerts when contracts are at risk of missing close date.

After

Finance can forecast close dates accurately. No more scrambling at month-end. Revenue recognition is predictable.

Business case studies:

  • SaaS company cut signing time from 6 weeks to 2 weeks: Before: Legal team reviewed every contract manually. Sales complained about deals stalling. No visibility into where contracts were stuck.. Change: Implemented tiered approvals (standard contracts skip legal) and automatic signature reminders. Created a dashboard showing all pending contracts.. After: Standard contracts now close in days, not weeks. Legal focuses on complex deals. Sales has visibility and stops asking 'where is my contract?'
  • Procurement team eliminated signature chasing: Before: Spent hours every week following up with vendors who hadn't signed. No way to know who was holding things up or why.. Change: Set up automatic reminder sequence (24h, 48h, 72h) with escalation to vendor's internal champion. Added status dashboard.. After: Follow-up is automatic. Dashboard shows exactly which contracts need attention. Team reclaimed a full day per week for other work.
  • Finance got predictable month-end closes: Before: Month-end close was unpredictable. Couldn't forecast which contracts would be signed in time for revenue recognition.. Change: Real-time status dashboard shows where every contract stands. Automatic alerts when contracts are at risk of missing close date.. After: Finance can forecast close dates accurately. No more scrambling at month-end. Revenue recognition is predictable.
What You Get

Real Results from Tracking Contract Execution Time

Here's what happens when you have clear visibility into this metric

Close Deals Faster
Stop waiting weeks for signatures

Automated reminders and routing eliminate common delays

Less Manual Work
Stop chasing signatures and status updates

Automatic reminders handle follow-up so you can focus on other work

Full Visibility
Know where every contract stands instantly

One dashboard shows everything—no more hunting through emails

One Simple Step

Start Tracking Contract Execution Time Now

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Frequently Asked Questions

Common questions about tracking and improving Contract Execution Time

What is Contract Execution Time in plain language?

It's the time from when a contract is ready to sign to when it's actually signed by everyone. Think of it as 'time stuck at the finish line.' Most of this time is waiting—for approvals, for signatures, for responses.

Why do contracts usually stall at the finish line?

Three main reasons: unclear ownership (nobody knows whose turn it is), no follow-up system (things sit in inboxes), and too many approval loops (every contract needs 5 sign-offs). Fix these and contracts move.

How do I identify the bottleneck in my process?

Look at where contracts spend the most time. Is it in internal approvals? Waiting for counterparty signature? Redline negotiations? Usually one stage accounts for most of the delay. Fix that first.

What can I fix quickly without changing policy?

Start with visibility and reminders. Just knowing where contracts are stuck and sending automatic follow-ups can cut signing time significantly. No policy changes needed—just automation.

How do I speed up counterparty signature without being pushy?

Automated reminders feel less pushy than personal follow-ups. A friendly 'just checking in' email at 24 and 48 hours, followed by escalation to their champion at 72 hours, moves things without damaging relationships.

How do I accelerate without increasing legal risk?

Don't skip reviews—eliminate waiting time. Pre-approved fallback language, tiered approvals by risk level, and parallel processing where possible. You're removing idle time, not removing oversight.

Where should I start in ElasticFlow if I have limited time?

Start with signature tracking and reminders. It's the fastest win—immediate visibility into stalled contracts and automatic follow-up. Most teams see results in the first week.

Use the Contract Execution Time workflow

Start improving your Contract Execution Time with ready-to-use workflows and automation.

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