Concord allows you to create unlimited companies. Companies can either be created as standalone companies or subsidiaries of another parent company.
When connecting a subsidiary to a parent company, the administrator receives a single invoice and can search for contracts from all connected subsidiaries directly from the administrator’s main account. You can add as many subsidiaries as necessary at no extra cost.
Standalone company | Subsidiary |
Managed independently from other companies | Documents will appear in the parent company's search results |
Documents are private and inaccessible to other companies |
Subsidiaries cannot access each others' documents |
Separate billing | A user in multiple subsidiaries is billed as a single seat |
Switching between companies:
Users that belong to multiple company accounts can switch between companies or subsidiaries.
- To do so, select the company or subsidiary name from the top left corner of your page and select the one you'd like to switch to.
Note: When logging into Concord, the last company used will be the active company.
Creating a Subsidiary
If you are an Administrator in your main (parent) company account, you can create subsidiaries.
- The parent company must be created before any subsidiary can be connected.
- Parent companies cannot be a subsidiary of another company.
- From the Home page, select the gear icon at the bottom left-hand corner.
- Click on 'Personal Details'
- Scroll down to My Companies and click + Create Company.
- In the popup, choose to create a subsidiary or a standalone company.
- For Subsidiaries, you are able to enter the Company name, Description, and which company this is a Subsidiary of.
- You can either click Create to add the company or click Invite users to the company or subsidiary.
- If you are opting to invite users to the subsidiary, you will see the Invite users popup
- You are able to add a single email or a list of emails.
- If adding multiple emails, please make sure they are separated by a comma.
- You can customize the Email subject and Email message that will be sent with the invite.
- Click Create and invite to save this Subsidiary and invite your team.