Transaction Commons

Transaction Commons is a platform designed to facilitate inter-party collaboration for negotiating business transactions. It offers a centralized space for organizing transaction information and documents, with the aim of ensuring confidentiality and control over access. According to the vendor, Transaction Commons caters to a range of professionals and industries including business transaction attorneys, mergers and acquisitions professionals, investment bankers, corporate legal departments, and private equity firms.

Key Features

Inter-Party Collaboration: According to the vendor, Transaction Commons allows users to keep all transaction information organized in one place, providing easy access to relevant documents. It also offers the ability for each party to control who can view their team's transaction activity. Users can choose between "by the transaction" pricing or a subscription model to manage costs effectively.

Negotiation Streamlining: The vendor claims that Transaction Commons streamlines negotiations through organized version and exhibit collaboration. It provides a full archive of all prior versions, eliminating any doubt about which version is the most current.

Accurate Closing Process: Transaction Commons aims to facilitate precise and coordinated closing processes, whether through electronic or traditional physical signing methods.

Efficient Post-Closing Collaboration: According to the vendor, Transaction Commons enables efficient collaboration on working capital adjustments, escrow completion, and post-closing issues, helping to conclude the transaction process smoothly.

Time and Cost Savings: The vendor suggests that using Transaction Commons for organizing transactions can save time and money, allowing for quicker completion. It aims to reduce the risk of working with outdated information or incorrect agreement versions, eliminating the need to search through emails for the correct version.

Confidentiality and Security: Transaction Commons aims to keep transaction documents and information confidential and secure. According to the vendor, it provides a more secure alternative to typical email communication or cumbersome and disorganized secure email services.