In many cases, it is important to know the party to the signed contract in addition to the signatory. Visma Sign allows you to add a party to a contract on the document information, so that contracts with a specific party can be easily filtered from the documents. Adding parties is a feature that makes it easier for you to search for contracts in the future.
Example
Your company has signed a sales contract with another company, Example Company Ltd. The contract has been signed by a person representing the company, but this person is not the actual party on the contract. Instead, the other party on the contract is the company represented by the signatory: Example Company Ltd.
Once the name of the party has been added on the document, you do not need to remember the name of the signatory when searching for the document in the archive, but can search directly for contracts with a specific company.
Adding a party does not affect the signatures on the document, the party information is only visible internally in the company's account to ease the management of contracts.
This article has been translated using an AI-based translation tool.
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