Overview
Related Agreements provide a high-level overview of the status of affiliated agreements to get the full context of a transaction with a counterparty within LinkSquares Finalize.
With Related Agreements, collaborators create a relationship between many agreements by linking and unlinking agreements within the individual agreement view. This provides a clear picture of what has been completed and what is outstanding to form a relationship and helps you get to signature faster.
These relationships enable visibility into which agreements are still being negotiated, fully executed, or not yet created to quickly understand what is outstanding.
Note:
- Linked agreements do not carry over to LinkSquares Analyze upon ingestion.
- Linked agreements will continue to progress through their own workflows.
- Collaborators can only view and link agreements to which they have access. If collaborators do not have access to a linked agreement, they will be unable to interact with it.
Process
To link an agreement with other agreements within Finalize, click the link icon at the top of the individual agreement view. Once an agreement has been linked with other agreements, users can also click the + icon below the RELATED AGREEMENTS section.
A Link Agreement(s) panel will slide into view, reflecting the agreements table found within the main Agreements page.
From here, select one or many in-flight agreements to link to the current agreement. There is no limit to the number of agreements that can be linked together.
Leverage the search bar to filter agreements by name or agreement ID. Use the filtering and sorting icons next to the data points within the agreements table to organize your agreement view.
Select related agreements by marking the checkboxes on the left-hand side of the agreement name. Collaborators can only view and select agreements to which they have access.
Linking to an agreement with existing related agreements will link the agreements within that grouping. Restricted agreements will carry over if they are related to the selected agreement.
Note: Linked agreements will display their agreement grouping within their respective individual agreement views. By relating two agreements together, you permit collaborators to view the agreement name and status if there is a mutual agreement. However, collaborators will be unable to interact with restricted agreements.
Click LINK at the bottom of the panel once complete.
If agreements have not been previously linked, a new RELATED AGREEMENTS section will populate below the LATEST VERSION section. Linked agreements can be found here.
There are two ways in which collaborators can interact with related agreements.
- To navigate to the individual agreement view of a related agreement, hover over the agreement and click the arrow icon.
- To unlink a related agreement, hover over the agreement and click the unlink icon.
Collaborators without access to certain agreements can only view the agreement name and status. They are unable to interact with the restricted agreements.
To add additional related agreements, click the link icon at the top of the individual agreement view or the + icon below the RELATED AGREEMENTS section.
Note: The Activity tab will not reflect linking and unlinking agreements.