1
Open the Rounds tab
In the Word plugin, select Rounds to see the negotiation history so far. Each existing round shows its direction, party, and date.
Create Contract Rounds
During negotiation, a draft goes back and forth between your team and the counterparty. A round is Pactly’s record of one of those exchanges, the equivalent of a version. Each round captures who sent or received the draft, which party it went to or came from, and when, so anyone with access can see how the document got to where it is.
Rounds are created in the Pactly Word plugin, where you work on the document itself.
Video walkthrough
Section titled “Video walkthrough”Create a round
Section titled “Create a round”Open the contract in the Word plugin and go to the Rounds tab. Create a round every time the document changes hands, in order, right after the exchange happens.
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2
Click New round
This opens the new round form. Rounds are recorded in the order they happen, so create the round for the most recent exchange.
3
Choose the round direction
Select "I am sending this draft" if you are sending the document out, or "I have received this draft" if a draft has come back to you.
4
Select the sender or recipient
In the Sender / Recipient field, choose External party for the counterparty, or one of your groups if the draft is moving between internal teams.
5
Set the date
The date defaults to today. If the exchange happened earlier, pick the actual date. You can backdate the round by roughly three months; dates further in the past are not allowed.
6
Click Create
The round is added to the list and appears on the contract timeline as "Sent to" or "Received from" that party.
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What a round gives you
Section titled “What a round gives you”Each round is a snapshot of the negotiation at that point. Together they provide:
- A clear history of every exchange, visible to anyone with access to the contract.
- Accurate playbook reviews, since Pactly compares the current document against the right earlier round.
- A change comparison between rounds, so you can see exactly what moved between versions.
- Negotiation metrics, such as how many rounds a contract went through.
Rounds also appear on the contract’s timeline alongside status changes, notes, and messages, so the negotiation reads as one continuous record.
Related
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