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Elements of an Organized Transaction

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Provide an efficient repository of documents and information to support a transaction or project (a virtual data room)

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Make document creation, negotiation and management more organized and efficient.

The Transaction Commons Solution … A Virtual Data Room … and More

Step

1

Create Your Common Space™

Depending on the type of transaction, your Common Space might include an area for versioned documents or an area for reference documents or both.

Transaction Space

Lets you manage and share versions of transaction or project documents. This space eliminates the complexity of figuring out which document version is the most current, while affording access to all prior drafts in exactly the form previously reviewed.

And when you’re ready to complete the transaction or finish the project. with Transaction Commons there is no question as to which versions are “final.”

Reference Document Space

Serves as a document repository or virtual data room for documents and information with a customizable folder structure and multiple document upload capability.

Step

2

Authorize Users

Three different user access levels afford varying levels of transaction participation, from read-only users, to users with the ability to post documents, to transaction administrators with broader rights, including the right to authorize other users.

Step

3

Share Documents and Information

As the transaction progresses, each user’s Transaction Dashboard® provides information on recent activity in his or her transaction and easy access to the transaction documents and information.

Step

4

Complete Your Transaction!

The Transaction Process


 

Transaction Commons: The Neutral Transaction Space™

For situations where one party should not be in sole control of authorized users and available documents and information, TC offers a neutral alternative. In this patented configuration, each transaction party has an administrator with the ability to authorize their own set of users, control their users’ level of access and document activity, and review their users’ activity.

Demo Video