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Contract Management Software
Contract Management software automates the creation, tracking, and monitoring of contracts and agreements.
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PandaDoc is an all-in-one tool to create, edit, send, track, and eSign Contracts and other business documents quickly and easily.
Learn more about PandaDoc
PandaDoc is an all-in-one tool to create, edit, track, and eSign contracts quickly and easily. Discover a better way to generate professional-looking agreements. Win more deals with unlimited eSignatures, reusable templates, in-app editing, CRM integration, APIs, and 24/7 live human support. Our average user creates a contract in under 4 min and reports a 20% increase in closed rates. Join 50,000 businesses that automate contract management, speed up the pipeline, and win more deals!
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management
- Team Collaboration
User-friendly contract software with AI and easy setup. Pricing starts at $59/month/user. Thousands of users worldwide
Learn more about CobbleStone Contract Insight
CobbleStone Contract Insight Contract Management Software is an Enterprise CLM system selected by thousands of contract admin, legal, and procurement professionals. Contract Insight is backed by artificial intelligence and can automate and streamline the entire contract lifecycle with user-friendly features and administration. Take the stress out of contracts with CobbleStone. Hosted/SaaS & Deployed options. Starting @ $59/month/user, click to learn more.
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management
- Team Collaboration
A simple to use, powerful, cloud-based Contract Management Solution with AI & automation at its centre. Choose a better way today.
Learn more about Gatekeeper
A simple-to-use, powerful, AI-driven cloud-based Contract Management solution. Centralise contracts for increased visibility, automate & standardise internal processes, monitor risk & manage workload.
Enjoy unlimited users, unlimited integrated, electronic signatures & automation tools, including patent-pending Touchless Contracts technology.
Say goodbye to Excel & other outdated software solutions- say hello to powerful, cost-effective CLM that integrates with your existing tech-stack.
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management
- Team Collaboration
ContractNow is a simple, powerful contract management solution with unlimited users, storage & electronic signatures.
Learn more about ContractNow
ContractNow is a simple, powerful contract management solution specifically designed to help businesses gain clarity and control over their contract agreements.
Centralise all your contract data and documentation, extract key information & clause language and sign all new contracts using ContractNow's integrated eSign feature.
Gain total visibility over your business's contracts and create a stable platform for future growth.
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management
- Team Collaboration
Move beyond spreadsheets and files for contracts. You can manage contracts with software as a service that is secure and easy-to-use.
Learn more about Lextree
Move beyond spreadsheets and files for contracts.
You can manage contracts with software as a service that is secure and easy-to-use. Contract approvals, alerts, and compliance.
Gain insight into the latest developments in your contract portfolio. The contract repository dashboard gives you a presentation of recent contracts and documents. The contract status display shows contracts as they progress through the approval workflow.
Automatic alerts are critical to keep your organization in compliance and to monitor the other party’s performance. Schedule alerts to be recurring whenever you want.
Yes, unlimited users. Your colleagues, your boss, the other party, the insurance broker, whoever. Users do not even have to be in the same company.
Learn more about Lextree
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management
- Team Collaboration
Powerful and easy-to-use contract management solution that puts all of your contracts at your fingertips.
Learn more about Trackado
Trackado is the powerful, easy-to-use and beautiful contract management solution.
Have all your contracts in one place, get deep financial insights about your contract portfolio, see all contract related milestones in your calendar and receive automated alerts for important tasks.
Trackado is cloud-based, hosted in data centers in Europe and offers security over SSL and encryption.
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management
- Team Collaboration
The AI-enabled contract automation platform enabling legal & business teams to create, execute & manage contracts faster than ever.
Learn more about Juro
The AI-enabled contract automation platform enabling legal & business teams to create, execute & manage contracts faster than ever.
Automate the entire contract lifecycle from initiation through to renewal all within a secure, browser-native environment.
Deep integrations help teams initiate and manage contracts from tools they already use, ensuring wide adoption, data integrity, and faster closing times.
Juro’s AI Assistant enables users to draft, review and summarize contracts 90% faster.
Learn more about Juro
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management
- Team Collaboration
The #1 recommended Contract Management Software! Easy and affordable contract management for companies of all sizes.
Learn more about ContractSafe
ContractSafe is the hassle-free and affordable Contract Management Solution.
Take the next step in contract management! ContractSafe goes beyond merely storing your contracts in a secure spot. Our intuitive platform allows you to create, send, e-sign, and manage contracts with ease. Say goodbye to manual processes and hello to streamlined contract management that saves you time and reduces errors.
With transparent pricing plans that allow you to only pay for what you need based on your contract volume, you won't need to break the bank. Plus, unlimited users allows your entire team to collaborate seamlessly without worrying about additional costs.
Our award-winning and dedicated 24/5 customer support ensures a quick and successful implementation and onboarding training.
Try ContractSafe risk-free by requesting a free consultative demonstration on our website and discover why thousands of in-house legal and contracting professionals continue to make the switch!
Learn more about ContractSafe
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management
- Team Collaboration
Docusign is changing how business gets done by empowering anyone to transact anytime, anywhere, on any device with trust and confidence
Docusign is changing how business gets done by empowering more than 250,000 companies and more than 100 million users in 188 countries to send, sign and manage agreements anytime, anywhere, on any device with trust and confidence.
Docusign replaces printing, faxing, scanning and overnighting paper documents to transact business. Their technology enables organizations of every size, industry and geography to make every agreement fully digital to keep life and business moving forward.
Learn more about Docusign
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management
- Team Collaboration
Unlock effortless productivity and collaboration with Acrobat Pro.
Adobe Acrobat Pro is an all-in-one PDF and e-signature solution designed to help today's teams save time on preparing, editing, protecting, sharing, and signing business documents.
Find out how your organisation can boost productivity, ensure seamless collaboration, and accelerate business processes by simplifying workflows across locations and devices with the world's most trusted digital document solution.
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management
- Team Collaboration
Create, share, and e-sign documents in minutes using Jotform Sign. Automate your workflow with legally binding documents.
Jotform Sign is the automated e-signature experience designed to streamline your workflow. With field detection, an intuitive builder, and integrations with great automation tools, Jotform Sign is the most efficient way to collect e-signatures.
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management
- Team Collaboration
Streamline contractor management with Deel, reducing admin time and risk, enhancing team satisfaction.
Deel Contractor Management offers a tailored solution for businesses, focusing on reducing administrative burdens and mitigating compliance risks. Ideal for SMBs and Mid-Market segments, it simplifies the management of global contractors by automating tax forms, payment processes, and legal compliance. The platform ensures a satisfying experience for both managers and contractors, backed by robust features and benefits. With Deel, companies can focus on growth while maintaining high team satisfaction, supported by solid social proof and expert endorsements.
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management
- Team Collaboration
Save time recording bills, scanning contracts, and approving documents. Avoid risks, go paperless, and increase ROI with Odoo Sign.
Improve hiring processes, reduce sales cycles, and keep track of all contracts, with Odoo's easy-to-use, fully integrated eSignature solution. Odoo Sign is a fast, convenient way to send, sign, and approve documents. Users can quickly prepare clean, polished contracts by simply dragging & dropping blocks to be completed by the parties involved, submit signature requests in just seconds, carefully track the status of sent contracts, and upload important PDF files with ease - thanks to Odoo Sign.
Learn more about Odoo
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management
- Team Collaboration
CaptivateIQ helps reps focus on selling with compensation tools that boost motivation, simplify collaboration, and raise productivity.
CaptivateIQ is the agile commission solution that empowers companies to confidently run effective incentive compensation programs. With CaptivateIQ’s Plan Management, companies can streamline workflows for populating, sending, and tracking compensation letters. Sales teams have easy access to their letters at any time within the platform so they can better understand their compensation and stay motivated.
Learn more about CaptivateIQ
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management
- Team Collaboration
Jira Service Management is an ITSM software that unlocks high-velocity teams to deliver great service experiences fast and together.
Jira Service Management is an ITSM solution that unlocks high-velocity IT, dev, operations, and business teams. Empowered teams can deliver great service experiences, without the complexity of traditional ITSM, and coordinate efforts for even more impact through Jira’s open collaborative platform. Streamlined workflows, automation rules, queues, SLAs, and a self-service portal all empower IT, dev, operations, and business teams to deliver exceptional service management at scale with no silos.
Learn more about JIRA Service Management
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management
- Team Collaboration
Everything you need to manage contracts, clients, proposals, contracts, payments, and more.
Start your 7 day free trial today.
Contract management for independent professionals—that's HoneyBook.
HoneyBook makes it easy to manage contracts, book clients, streamline projects, and get paid all in one place.
With proposals, invoices, contracts, payments, and scheduling at your fingertips, you have everything you need to give clients a great experience.
Start your 7 day free trial today.
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management
- Team Collaboration
Online ITSM Service Desk with Incident, Problem, Change, Release & Asset Management, in addition to powerful ticketing & automation
Freshservice is an intelligent, right-sized ITSM solution that delivers exceptional employee experiences with an intuitive, scalable, no-code solution. With its state-of-the-art AI and ML capabilities, Freshservice helps organizations ease an IT agents workload and improve their productivity by automating mundane tasks. In addition to its AI capabilities, Freshservice is flexible and scalable enough to be used by both: companies relying on legacy systems and modern enterprises.
Learn more about Freshservice
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management
- Team Collaboration
Smart, seamless freelancer tools to build, manage, and grow your business from proposal to payment. Focus on the work you love!
Fiverr Workspace (formerly AND.CO) is a business management software designed to help freelancers, solopreneurs, entrepreneurs, studios and so on, save time on running their business.
With its entire suite of features, Fiverr Workspace solves many of the problems that plague the modern freelancer. Its your one-stop-app for proposals, contracts, projects, time tracking, invoicing, scheduled invoicing, payments, recurring payments, task management, income & expense tracking and reporting.
Learn more about Fiverr
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management
- Team Collaboration
#1 Adobe® Acrobat® alternative: PDFelement is your all-in-one PDF solution. Create, edit, convert, and esign PDF files in a better way.
PDFelement is a one-stop PDF solution powered by AI. Fast, smart, affordable, and easy way to manage (.pdf) documents across desktop, mobile, and web.
It provides a great user experience and is an excellent alternative to Adobe® Acrobat®, making it perfect for individuals and small businesses. The mission is to stay at the forefront of PDF technology, constantly innovating and improving our product to meet the evolving needs of our users.
Learn more about PDFelement
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management
- Team Collaboration
Agiled is an all-in-one software that helps small businesses manage CRM, finance, projects, and documents in one integrated platform.
Agiled is an all-in-one business management software that helps users manage CRM, projects, documents, finance, and more from one centralized platform. The software offers contact management, deal tracking, invoicing, contract building, task management, and automation workflows to streamline business operations.
Learn more about Agiled
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management
- Team Collaboration
Quickbase is a no-code collaborative work management platform that empowers citizen developers to improve operations through real-time
Big ideas aren’t simple to execute. So we’re here to help you tackle any project, no matter how complex. We’re Quickbase.
Quickbase helps customers see, connect and control complex projects that reshape our world. Whether it’s raising a skyscraper or coordinating vaccine rollouts, the no-code software platform allows business users to custom fit solutions to the way they work – using information from across the systems they already have.
Learn more about Quickbase
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management
- Team Collaboration
Maintenance Connection is a multi-site, multi-industry CMMS/EAM that helps businesses avoid asset failure and reduce downtime.
Accruent's Maintenance Connection is a market-leader CMMS / EAM that helps maintenance teams transition from reactive to preventive asset maintenance, avoid asset failure, reduce downtime, and streamline multi-site operations. Maintenance Connection is built to be scalable for any organization, offering extensive flexibility and configurability that ensure deep functionality across major industries.
Learn more about Maintenance Connection
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management
- Team Collaboration
Use the Nintex Process Platform to finalize contracts more easily, close deals faster, and make time for other business.
Use the Nintex Platforms to finalize contracts more easily, close deals quicker, and make time for other business. By automating contracting processes from beginning to end, your organization can boost productivity, increase compliance, improve the bottom line and help your salespeople.
Learn more about Nintex Process Platform
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management
- Team Collaboration
Streamline contract management with Proposify. Automate workflows, ensure accuracy and speed up closures for better control.
Proposify streamlines your contract management process, making it easier to create, send, and manage all your contracts in one place. Ensure accuracy and consistency across all agreements, with automated workflows that speed up approvals and signatures. Gain insights into contract performance, track versions, and maintain compliance effortlessly. Empower your team with a centralized system for better control and faster closures, enhancing your overall contract lifecycle management.
Learn more about Proposify
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management
- Team Collaboration
Allows contractors to post projects, send bid invites, share information with subcontractors and manage multiple team members
PlanHub is free construction plan room and bid management software that allows general contractors to post projects, send bid invites, share information with subcontractors, suppliers, and vendor. There is no limit on the number of users per company.
Subcontractors can register for free and start on a free trial to view projects, download project specs, and submit a bid. After the free trial ends, the user can choose to go on a PlanHub Basic Plan, or upgrade to PlanHub Premier.
Learn more about PlanHub
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management
- Team Collaboration
Contract Management Software Buyers Guide
Table of Contents
What is contract management software?
Contract management software allows organizations of all sizes and kinds to create, store, and manage contracts throughout their entire lifecycle. These systems help users draft contracts, define terms and conditions, and keep track of critical milestones. A well-organized contract management platform allows businesses to efficiently manage their relationships with vendors, suppliers, employees, and customers as their business grows.
The benefits of contract management software
- Improved productivity: Drafting contracts is a tedious, time-consuming task that requires editing and legal supervision at each step. Most businesses don't have time to spare, and contract management software can improve contract creation efficiency through pre-built contract templates that can be used with minimal adjustments to meet your business needs. This saves time and effort, and allows businesses to move to the sharing and signing stages in less time.
- Organized storage: Businesses have to store, manage, and retrieve a lot of contracts, which can be an operational nightmare if you're storing and searching through hard copies. Contract management software eases this burden by storing contracts in a digital, organized repository. Users can search the entire repository with a few keystrokes and clicks, and even filter by name, date, party, region, deal value, and more.
- Mitigate risks: According to Gartner, 60 to 80% of B2B deals are now managed through contracts. This means that breach of contract or missing deadlines not only results in a loss of revenue, but also damages a brand's image. Other research suggests that ineffective contract management can lead to a loss of up to 9.2% in annual revenue, a significant loss no matter your business size. A well-implemented contract management system helps all stakeholders remain compliant with all agreed-upon terms and conditions, and keep track of key contract milestones/deadlines. These systems can also mitigate unforeseen risks by alerting stakeholders to renew contracts before an expiration date and avoid service interruption.
Typical features of contract management software
- Contract drafting: Establish the general terms and conditions of a contract.
- Document management: Manage contracts and related documents in a well-categorized order.
- Workflow management: Set, assign, execute, and monitor business activities in sequential order.
- Contract lifecycle management: Manage all workflows involved in the lifecycle of a contract, from drafting to negotiation and signing all the way through expiration or renewal.
- Completion tracking: Keep tabs on all contract milestones and check whether all terms and conditions have been implemented/completed as per the contract.
- Full-text search: Search for contracts and related documents (as well as the content within) using a text string.
Considerations when purchasing contract management software
- Security of contractual data: Contracts are critical assets of any business, making their safety and security paramount for your organization. Most contract management software in the market is cloud-based, meaning it's essential to evaluate the data security standards of any solution you shortlist, as well as the security standards of the software vendor. Evaluate whether the software complies with relevant industry-specific standards, and determine whether the vendor keeps their cloud services up and running with adequate backup and recovery services.
- Full-text search capabilities, and reporting levels: Advanced contract management solutions should be able to search not only for contracts and related documents but also for content within these documents through full text-based queries. Look for a solution that can analyze contractual data and present relevant insights through an analytics dashboard that not only displays key contractual terms but also tracks deadlines and mission-critical milestones. Ideally, the system should be able to notify users if it identifies any abnormalities in a contract's execution.
Relevant contract management software trends
- Artificial intelligence and machine learning will improve contracts: Contract management software vendors have started adding artificial intelligence (AI) and machine learning capabilities to their solutions. AI can analyze the general conditions listed in a draft and come up with smarter clauses and phrases to create stronger contracts. AI can also help improve the searchability of contracts and contractual data when there are thousands of contracts to search through.
- Contracts are getting more complex than ever before: Businesses are expanding into new geographies, breaking decades-old traditions of business dealing and taking extra steps to close deals. This has increased the demand for more personalized contracts, with diverse contracting models and licensing options. Expect this trend of moving beyond traditional "one-size-fits-all" contracting models to continue.
