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What is fynk? Core concepts

The building blocks of fynk, from documents and templates to parties, metadata and stages, and how they fit together.

Written By Sebastian

Last updated About 13 hours ago

fynk is a contract management platform. You use it to store and track your existing contracts, create new ones from templates, negotiate them with the other party and have them signed electronically. The AI reads every contract and keeps track of dates and key terms for you.

Available on all plans

What you can do with fynk

  • Keep all contracts in one place: import existing contracts. The AI fills in parties, dates and key terms, and fynk reminds you before notice dates.
  • Create contracts faster: build templates with placeholders and optional clauses, and create new contracts in minutes.
  • Negotiate and approve: share documents with the other party, discuss changes and get internal approvals.
  • Sign electronically: with simple, advanced or qualified electronic signatures.
  • Work at scale: create documents in bulk from Excel, connect your CRM and other tools through integrations or the API, and use your own branding.

The core concepts

ConceptWhat it is
DocumentA contract or any other file in fynk. It can be created in the fynk editor (also from a Word file), uploaded as a PDF, or created in bulk with automations, integrations or the API.
TemplateA reusable master for documents you create regularly, with placeholders and optional clauses. Changes to a template don't affect documents already created from it. You don't need a template for every document.
PartyA side of the contract: your own company (internal party) or the other side (external party).
SignatoryA person who signs for a party. A party can have one, several or no signatories.
Document typeWhat kind of contract it is, such as an NDA or a lease. It decides which metadata the AI looks for.
MetadataThe structured details of a contract, such as start date, notice period or contract value. They power reminders, filters and dashboards.
Dynamic fieldA placeholder in a template, such as the customer's name or the price, filled in for each document.
StageWhere a document is in its life: Draft, Review, Signing, Signed or Done.
TeamA group of users. Teams decide who can see which documents and templates.
RoleWhat a user may do in fynk, such as Owner, Admin or Manager. Roles decide what users can do; teams decide which content they see.
TagA label to group documents internally. The document type says what kind of contract it is, metadata says what it contains, and tags say how you group it. Don't repeat type or metadata information in tags.

How it fits together

  1. You set up your account: your company as an internal party, users, teams, document types and metadata.
  2. You import existing contracts. The AI recognises the document type, parties and metadata, and you confirm the results.
  3. You create new contracts from templates, share them for review, get approval and send them for signing.
  4. Signed contracts are stored with their metadata. fynk reminds you of deadlines and shows them on dashboards and in your calendar.

Parties, users and signatories

These are different things. A party is a company or person on one side of the contract. A user works on the document in fynk. A signatory signs for a party. For example, Example GmbH is the party, Maria from its legal team reviews the contract as an external user, and Thomas, its managing director, signs.

Where to go next

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