SignNow is a cloud-based provider of electronic signature technology, developed in the United States. The company's software-as-a-service platform enables individuals and businesses to sign, and manage documents from any computer.
A non-disclosure agreement (also known as an NDA) protects confidential information which is intended to be disclosed to a receiving party in order to satisfy a purpose. For example, two businesses might need to share proprietary information with each other in order to assess whether a commercial partnership is worth pursuing or not. Information which is disclosed for this purpose will need to remain confidential for a certain period which is agreed in the agreement. The confidentiality term will depend on the strategic value of the information being disclosed and the industry of the parties.
SignNow do not offer a Non-Disclosure agreement template. To create a Non-Disclosure agreement with SignNow you will need to upload your own template. Moreover, you won't be able to make edits to the NDA in SignNow once the template has been uploaded. Updating a template will therefore require updating the document outside of SignNow and then uploading it again.
Legislate allows you to create a Non-Disclosure agreement which are tailored to your needs. Legislate templates are lawyer-approved and can be tailored to your specific requirements by answering simple questions.
Using an e-signature service like SignNow means you need to source reliable NDA templates, tailor them to your requirements with a lawyer and then circulate them with the other side for review and e-signature. Legislate replaces all these steps and tools with a single end-to-end contract management platform which offers a library of lawyer-approved templates which can be customised to your situation. Simply select the contract you would like to create, set the terms and invite parties for e-signature, directly within Legislate.