Contract Management is the process of managing contracts throughout its lifecycle. This starts from the creation of contracts, authoring, negotiation, approvals, signature, storage, amendments and managing obligations. This can be a very complex process in large organizations where contracts can originate from vendors, partners, customers and employees. Effective contract management is key to revenue management.
Learn the stages of Contract Management, how it benefits the organization and how to choose the right Contract Management software.
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Updated By Cuspera
Last updated: Sep 27, 2024
Automates the workflows associated with initiating, executing, and monitoring contractual agreements
Agiloft Contract Management Suite is an adaptable and rapidly deployed enterprise software for Contract and Commerce Lifecycle Management. It helps to improve ROI and enhance customer relationships.
Agiloft automates the workflows by initiating, executing, and monitoring contractual agreements. Implementing a contract management system helps companies in purchase savings, enables more efficient sales cycles and drastically lowers compliance risk.
Agiloft's CLM comes with fully customizable functionality for buy and sell-side contract management including repository and templates, clause library, flexible approval workflows, built-in AI, security and compliance safeguards, automated notifications and seamless integration with existing systems.
I thought it was too good to be true, but after delving into it, I found it delivered everything that it promised.Heather McEwen
Founder and CEO
SaaSam
Vendor: Agiloft Inc.
Founded: 1991
Company Size: 51-100
HQ Location: 460 Seaport Court, Suite 200, Redwood City, CA 94063
Financials: PRIVATE
CLM platform that delivers business intelligence to the organization through contract intelligence.
Icertis is a cloud-based Contract Management platform that transforms contracts into business assets providing new capabilities to increase revenue, control cost, and manage risk. It is a unique platform built for enterprises looking to increase contract velocity and visibility not only in their sales deals closure but also to ensure maximum utilization of obligations from their procurement vendors too.
This platform features intelligent setup, contract operations, Governance, Risk & compliance, insightful reporting, contract analysis and dashboards. It also offers Business and AI applications that enable optimization of contractual foundation ensuring deals close faster.
It supports full lifecycle of contract management capabilities from contract setup, authoring, approvals, negotiations, execution and reporting. It provides with Blockchain framework that deploys permissioned, standard blockchain to address real-world business challenges.
Leveraging the meta-data from Microsoft CRM, the Icertis platform automatically generates complex, multi-page, multi-clause licensing agreements in multiple languages and geographies with unprecedented speed and precision.Tony Ulkekul
Head of Enterprise & Corporate IT
Microsoft
Vendor: Icertis, Inc
HQ Location: 2001 Gateway Pl, San Jose, CA 95110, US
Procurement & Supply Chain Solutions for Spend ...
SAP Ariba is a leading source-to-contract solution. This integrated solution covers sourcing, procurement and financial supply-chain solutions. Using Ariba cloud based solution, companies can achieve digital transformation from source to pay, control spending and find new sources of savings.
Using Ariba's solutions businesses can automate and optimize several business processes like accounts payable process, CLM, e-invoicing, procure-to-pay, source-to-pay, spend management.
SAP Ariba solutions help us leverage every opportunity to take cost out of the business and help drive value to the bottom line. The capabilities of SAP Ariba solutions were far better than anything else that was out there on the market.Tom McKee
CIO
Kennametal Inc
Vendor: SAP SE
Founded: 1972
Company Size: 10001+
HQ Location: Dietmar-Hopp-Allee 16, 69190 Walldorf, Germany
Contracts Made Effortless
Concord is an online contract management solution. It is designed to help companies create new contracts and keep track of existing contracts. It allows businesses to automate contract management and e-signature processes and is suitable for all types of businesses and industries, ranging from freelancers to multinational corporations.
Concord creates, signs, and file contracts, without the need of doing manual contract management ever again. It is designed to manage contract authoring, track approvals, enforce workflows and audit contracts. Users can edit contracts directly through an online interface and legally binding contracts with the system's e-signature functionality.
Concord features include template building, real-time editing, approval workflows, E-signature, renewals and deadlines, storage and retention, reporting, and integrations.
Having templates in the platform makes everything easier and faster. . . The email notifications have made the contract process very easy and the ROI on the platform has been excellent. It was easy to learn the platform and I received help when I needed it. I love the features and the price point i...s right.
Heather Helmig
Human Resource Manager
Widelity
Vendor: Concord Worldwide, Inc
Company Size: 51-100
HQ Location: San Francisco, CA
Financials: SERIES B
Contracts automation for streamlined contract management
Conga Contracts is a contract management solution that administers all aspects of the contract lifecycle. It offers an innovative system that allows for contract creation using company standard agreements, negotiating in a secure online environment, and much more.
Conga Contracts offers an array of tools to manage contracts for various business use and requirements. This is made possible by an enterprise-grade solution that empowers contract language, mitigate risks, and develop policies. It makes drafting, negotiation, workflow and approvals, reporting, and renewal management easy for its users. Its customer-centric dashboard provides a real-time, personalized display of data and statistics.
Conga Contracts also offers the SalesConnect feature to ensure visibility over the entire contract lifecycle management process without having to leave the Salesforce environment or the CRM platform. The system provides users with compliance reports for better access across departments in the organization, helping mitigate exposures and risks.
Vendor: Conga Corporation
Company Size: 51-100
HQ Location: 1400 Fashion Island Blvd, Suite 100, San Mateo, California 94404, US
Financials: PRIVATE
Enterprise Contract Management Software that easily scales with the evolving needs.
CobbleStone Contract Insight Enterprise Software is a contract management solution used by leading professionals and Fortune 500 companies. Invested years in industry research and development, and customer feedback, to create an award-winning platform that meets the needs and requirements of all industries including IT, Financial, Retail, Energy, Healthcare, Education, Pharma/Life Sciences, Manufacturing, and Distribution, Government, and more. It is an easy-to-navigate contract management system backed by artificial intelligence to fully optimize the organization's contracts. It helps to enhance customer relationships and improve ROI.
It also offers data integration with API plug-ins, leading CRM, vendor management, supply chain, ERP, and other standards-based software.
Its features enable organizations to manage contracts easily, draft sell and buy-side contracts, mitigate risk, manage compliance, receive alerts, sign documents with e-signature, and reduce contract management costs and lost productivity attributed to inefficient contract administration processes.
Due to the easy dashboard configuration, we bring our users a concierge experience...Cobblestone is the most responsive and dedicated IT company I have ever worked with.Nina
Upstate Medical University
Vendor: CobbleStone Software.
Company Size: 101-250
HQ Location: Princeton, NJ
Financials: PRIVATE
The AI-Powered Contracts Management Cloud
LinkSquares is an AI-powered contract analytics platform that helps to know exactly what's in the contract without having to read them one at a time. It helps to enhance customer relationships.
It helps to understand the important details buried in contracts without time-consuming and contract review. It helps to automatically extract key terms and build custom reports in seconds.
LinkSquares provides advanced multi-query and filtering capabilities to find the required details. It uses AI to extract key pieces of data from the contracts, combines them with custom reporting to easily view and share information across systems and with the team.
LinkSquares was exactly the tool we needed. We started by bringing our thousands of contracts into Analyze, where the system pulled out key information and kept every agreement organized.Sean Hickey
Director of Legal
DraftKings
Vendor: LinkSquares, Inc
Company Size: 11-50
HQ Location: 33 Arch Street, 17th Floor, Boston, Massachusetts 02110, US
Financials: SEED
Digital Contract Management Software & Workflow system
Ironclad is a contract management platform that manages contracts remotely with speed, collaboration, and real-time data at ease. It helps to launch new products and build brand awareness.
Ironclad's digital contract platform lets legal teams design and deploy any type of contract process on their own, in minutes. It provides workflow designer that combines conditionality with drag and drop UI to convert business processes into contracts. It supports collaboration and negotiation on its platform.
It is automated and has fast track control over all contracts and templates from creation, approvals, and management to archiving along with built-in redlining, editing, and audit logging capabilities. Ironclad along with storing all the records in one place, also surfaces valuable contract data in real-time.
The legal team are our friends here. A process, that could have taken weeks, can now be spun up within minutes. That brings a whole lot of ROI and value to an organization.Kevin Staniszewski
Mid-Market Sales Lead
Asana
Vendor: Ironclad, Inc
Company Size: 101-250
HQ Location: 134 Spring St, New York, NY 10012, US
Financials: SERIES E
DocuSign CLM: Automate agreement life cycle
Docusign CLM allows organizations to streamline the agreement lifecycle by transforming analog manual processes into a digital automated workflow. The result is an accelerated pace of doing business, increased compliance, and more efficient employees.
Docusign CLM automates manual tasks, orchestrates complex workflows, and eliminates bottlenecks to get work done faster and more accurately, increase compliance, and improve customer experiences. DocuSign CLM delivers robust functionality that's easy to implement, use, and extend across the entire organization.
Docusign CLM features include flexible, configurable workflow, automate with workflow templates, seamless document generation, centralized searchable repository, support for collaboration and negotiation, clause library, rich integrations, and more.
Vendor: DocuSign, Inc
Founded: 2003
Company Size: 1001-5000
HQ Location: 221 Main St., Suite 1550, San Francisco, CA 94105
Financials: SERIES F
Contract Management Software | Start for Free
ContractSafe is a cloud-based contract management software that helps users easily keep track of all their documents. It facilitates the entire contract management lifecycle including creation, negotiation, administration, and renewal. It automates the contract lifecycle and increases productivity.
It offers secure centralized document storage, automated key date reminders, document search and filtering with automatic OCR (optical character recognition) for searching within scanned documents, user access permission management, and more. It sorts, filters and exports key information and documents, prints custom reports or exports them into CSV / Excel and offers a customizable dashboard, enabling businesses to organize all their business contracts easily and securely.
Key features include intuitive search and reporting, intelligent alerts, secure and scannable repository, full control over sharing and roles, active security and data protection, integrate with existing platforms, and more.
Vendor: ContractSafe LLC
Founded: 2015
Company Size: 1-10
HQ Location: 23823 Malibu Road Suite 50-197, Malibu, CA 90265
Financials: PRIVATE
Contract Management, also known as Contract Lifecycle Management ( CLM) is the management of the company’s contracts from creation through execution to renewal/expiry. These contracts can come from vendors, partners, customers, and employees. Contracts can be Sales Contracts, Licensing Agreements, Service Agreements, Non-Disclosure Agreements ( NDA ), Employment Agreements, Government Contracts to name a few. Digitizing and automating contract lifecycle management is one of the key aspects of Digital Transformation. Contract Management is the backbone of the quote-to-cash process.
Requests for a new contract can originate from Sales Teams either for new contract, amendment, or renewal. Typically in an enterprise, the Legal department is responsible for generating the contract either standard or custom specifications. Contracts are created using authoring tools and templates to include all request points, terms, and clauses.
Multiple parties are involved in the negotiation phase to discuss/debate what final terms and clauses need to be incorporated. This is a collaborative effort that involves back and forth communication and various versions of the document need to be tracked.
Once the contract terms are finalized, it needs to be approved by all the parties involved. Depending on the size of the contract and size of the company, there could be many people involved and also would involve a hierarchy of approval process. People involved could be Legal, Executive, stakeholders, internal team members, and customers.
Digital signatures are needed to sign digital documents. The correct authority needed to sign contracts needs to be defined. These rules could be based on the type of contract, amount, location, and other variations. Once the contracts are signed, they have to be appropriately stored for easy access and search.
Until the contract is signed, nothing is real
Once the signed contracts are in place, communicate to all concerned parties - obligations involved, milestones, deadlines, and penalties.
This phase involves overseeing and reporting on performance, handling claims and disputes, negotiating and record changes. Also, contract execution has to be closely monitored for any signs of non-compliance.
Many contracts have end dates which the parties need to track to decide the next steps - lapse, renew, or renegotiate. If the work is of a recurring nature, the contract should not be allowed to lapse and needs to be renewed. Renewals typically go through almost the same stages of lifecycle like a new contract, but with much less rigor.
Contracts that have end dates need to go through the termination process identifying any ongoing obligations. Concerned parties have to be communicated about the contract ending.
Contract Management Software helps to manage and automate the various processes within CLM. In addition, it helps to store and manage the contract repository which is critical for
E-contracts. Contract Management is not a standalone activity. It is very much intertwined with quoting and revenue generation processes and legal functions. For Sales, contract management is used to automate and enable faster, more accurate production and delivery of legal-approved contracts to a company’s prospects or customers.
Contracts go through several stages by the time they get fully approved and several people/roles are involved. By having an automated contract management system, companies get full visibility about at what stage the contract is held up and can analyze the progress of the contract. Automated workflows associated with SLA ensure that there are no bottlenecks and executive intervention can be provided at any stage. Along with associated metrics and analytics, companies can fully manage the contracts efficiently.
Automated contract management ensures that all the people and stakeholders collaborate on the system. This avoids manual back and forth processes and helps team members to resolve issues and questions efficiently. Reviews can be done more efficiently on collaborative platforms. The negotiation process and the associated back and forth can be optimized with the collaboration platform. Ability to track changes, automatic versioning, comments, chat, ability to share, and check documents improve the collaboration.
Contract Management System is a key step in the organization’s journey towards digital transformation. Key features of Contract Management Software like workflows, collaborative add-ons, e-signature, and central storage, easy search and access, security, and access control help organizations to bring efficiencies.
Contract Management Software provides audit trail capability and the user can view the entire contract history on a centralized dashboard. This helps companies to better prepare for audits with complete contract history and ensure compliance with Sarbanes Oxley or other internal compliance norms.
In an enterprise, the Legal Department is often responsible for creating, managing, and maintaining contracts.
Depending on the size of the company and the size of the transactions involved, companies can have a dedicated role called Contracts Manager. The Contracts Manager is responsible for financial health and monitoring of contracts, ensuring quality compliance, and the company’s procedures are adhered to and objectives are achieved. In such a case, the Contracts Manager is the key user of Contract Management Software.
Sales team members, managers, and stakeholders are key users of the software as they will be involved in giving inputs to contracts, negotiate, amend, approve, and sign. They rely on contract management software to reduce paperwork, speed up the approval process, and simplify the contract and proposal process.
Company Executives who need to approve and sign are users of the software.
Finance team members are key users as they need to get visibility into payment terms and schedules, pending transactions, financial liabilities, and compliance exposure. Finance and Compliance go hand in hand.
Procurement professionals need to use contract management software to negotiate better deals and ensure supplier compliance. In Fortune 500 companies and multinational enterprises, procurement professionals rely on contract management platforms to ensure supplier accountability, ensure commercial compliance, and improve contractual governance.
Contract Management Software is relevant for almost any industry where there is a need to have contracts with customers, suppliers, and clients. Some industries specifically benefit a lot from the usage like Telecommunications, Financial Services, Energy, Healthcare, Technology, Life Sciences, and Pharma, Manufacturing, Professional Services, Retail to name a few.
The telecom industry is a dynamic industry where digitization is highly prevalent in commercial operations. It needs the ability to launch new products quickly, with many different plan options for its customers with associated contracts and terms and clauses. Contract Management Platforms by Apptus and iCertis support this need.
Financial Services need to deal with their Corporate and Retail clients that involve a lot of paperwork, negotiation, amendments, and renewals. They also have to ensure regulatory compliance. Contract Management Software helps them to achieve their business goals with centralized contract management and achieve customer satisfaction.
Energy companies are globally dispersed and have an array of business partners, suppliers, and distributors and operate in a highly regulated market. They need robust contract management support to handle highly complex contracts that range from infrastructure to sourcing, risk and obligation management, and collaboration with multiple stakeholders.
The healthcare industry needs frequent plan changes and updates to stay competitive and customer friendly. Also, they have to ensure compliance in a highly regulated market. This requires close contract collaboration between insurers, physicians/doctors/hospitals, and stakeholders.
Medical device and diagnostic equipment manufacturers can improve their sales effectiveness, ensure contract compliance, and handle rebate disputes when they work with suppliers, customers, and partners. Pharma and Biotech companies are challenged by complex drug and clinical trial processes, highly regulated promotional programs, and complex supply chains. They need more complex contracts to deal with such challenges. Also, they need to link contract obligations to R&D project milestones. Products like iCertis, Apttus specially cater to such challenges faced by the Pharma industry. Pharma industry’s procurement divisions rely on contract management software to optimize productivity and cost across the supply chain, and manage vendor compliance.
Contracts go through several stages of processing before it is finally approved. Several functions and roles are involved and it could cross department and/or organizational boundaries. All these introduce delays and bring unpredictability in closing the contracts. Contract Management Software with automated workflows expedites the review and approval process. Dashboards provide visibility and email notifications sent to concerned people help in unblocking the processing and proper escalation procedures can be set up. All these result in faster closure.
Contract Management Software helps organizations to bring consistency in the process and procedure adoption. The software provides several standard templates tailored for different business use cases and can be customized to fit the organization’s needs. Organizations can ensure that people are using standard templates with latest clauses, all these available from the standard library.
Contract Management Software provides a central repository to store and manage all company’s contracts. They also provide easy search, store, archival, and retrieval mechanisms since records are digitized. This greatly reduces the administrative burden for the organization.
Renewal based revenue is the easiest way of generating revenue for an organization. Contract Management Software helps to set notifications based on rules and generate alerts when renewals are due. With this, organizations can rarely miss renewals.
Contracts pass through several functions as part of their lifecycle. Automates workflows help in streamlining this process and ensure that all the steps are followed. The workflow manager helps to track and monitor contracts. Some software like Contract Logix provide visual workflow designers with options to design multiple steps, assign tasks, send notifications, and conditional branching.
The ability to store and archive all contracts in electronic form in a centralized repository is a key feature of Contract Management Software. User needs to have easy and secure access to the contract documents. The software also provides the ability to view documents at a level that is apt for the role and the task. Documents can be viewed in full, or snippets at function, organization, and task level.
Effective Contract Management Software provides versatile search capabilities that allow capturing full text of documents, metadata, document history, comments, notes, and all associated information. Some of the software provide a text-based search wherein a phrase can be used to search for relevant documents.
Since contracts are company confidential documents and several people need to work/access it, Contract Management Software provides a role-based access control system to govern access to the documents. Access control could be at any granular level based on user roles, geographies, departments.
Contract Management Software provides dashboards to visualize insights and take action. Dashboards provide visibility into contract management metrics that help stakeholders and executives to take action. Some vendors like iCertis provide personalized dashboards specific to the role. In addition, the software provides reports regarding the various aspects of the life cycle. Reports can be customized as per organizational and role-specific needs.
Having an integrated eSignature capability speeds up contract approvals and hence the overall cycle time. Contract Management Software can come with embedded eSigning ability or can provide integration with other e-signature solutions like DocuSign, Adobe Sign, and other electronic signature platforms.
One of the key benefits of Contract Management Software is it provides ready to use standard templates that are specific to business and industry. Additionally, it can include a company-specific clause library that speeds up the creation of contracts.
AI is applied in Contract Management Software by vendors for solving a variety of use cases and providing enhanced value to customers.
Apttus applied AI to automate routine legal tasks so that lawyers can focus on high-value activities. It provides intelligent recommendations so they can deliver their expertise with full knowledge of all available, relevant information.
Artificial Intelligence can convert unstructured contract documents into structured enterprise data. Applying AI in contract management can help the enterprise in identifying business risks and opportunities; Machine Learning and AI help in identification and analysis of the contract language, clauses, and other data. This helps in identifying risks and helps in negotiation. Especially while processing large volumes of data in complex contracts, this will be useful. AI helps in classifying the clauses, helps to build the clause library.
AI algorithms backed by NLP can do abstraction and migration and can create an index of all provisions, terms, and obligations. So companies can extract all important information from contracts like vendor names, renewal dates, organization data, milestones, penalties. Further, these can be auto-tagged and alerts can be set.
iCertis provides a set of AI-based applications. They have capabilities to quickly import third-party contracts at scale, analyze past negotiation history to gain insights for improvement, and visualize deep data insights that provide unprecedented visibility into contract relationships and performance.
It is important to assess the business goals, current processes, and roadmap of the digital transformation journey before selecting the tool. One size does not fit all. The software has to fit into the existing ecosystem and processes and not the other way around. Having good clarity on business goals helps to look at the features needed critically. For example, if ad-hoc processes or longer cycle time is a problem, a software tool that provides advanced workflows, alerts and notifications, analytics, and associated e-signature would help to solve business problems.
The choice of the software is largely dependent on the size of the company - Enterprise or SMB. Also, it depends on the nature of the business. A service provider company dealing with a large number of clients with a huge volume of contracts would need the scale. Enterprise companies need more robust features around sophisticated workflows, robust user control, personalized dashboards for the various users, and a high degree of customization, and data security. An SMB would need a simplistic platform with ease of use, less administration, and configuration overheads.
Cloud or SaaS deployment models provide lesser administrative overheads for companies and also can be cost-effective if the scale of the contract management system is moderate. However, companies with stringent security and control systems might have reservations to go for the cloud model. Such companies might prefer an on-premise model to have full control over data security, user control, and contract repository management.
Contract Management Software comes with a varied set of capabilities as detailed in the earlier section and it is important to assess the features to see whether it meets the needs. AI-based systems provide additional value in terms of improved analysis, automated tasks, and can help in risk management.
Integration with other tools in the organization enhances the value delivered to the user and provides a seamless experience. If a user has to switch between applications, it can be a productivity killer. Contract Management Software should integrate with popular CRM like Salesforce or Microsoft Office 365 to create, view, approve, or collaborate contracts.
Contracts and agreements are confidential data of a company. The contract repository and the access mechanism should ensure data security through password protection and encryption. Contract data should be encrypted during transit and at rest to protect from tampering by unauthorized users. Advanced encryption technology like AES 256 bit encryption and TLS 1.2 standards are adopted by Contract Management Software. In addition, the software should also support data privacy standards like GDPR which many local governments make it mandatory to adhere to.
This is a very critical requirement to be assessed. The software should provide user controls that fit into the usage and role-based needs of the organization. The granularity of access control is directly related to the complexity of the organization structure.
Companies can face several challenges in adopting Contract Management Software. Challenges can be faced when they migrate from one tool to another - in this case, lack of data migration support can hinder new tool adoption.
A lot of the adoption challenges depend on the company’s existing processes or lack of, the maturity of digital transformation and ad-hoc contracts. It requires cultural change, skill-building, and training to ease the adoption challenges.
If the software does not provide enough customization capability, it would seriously hinder adoption. It could be related to the workflow configuration, alerts, dashboards, and reports. Lack of customization might render the software unusable or underutilized.
There should be provision to migrate existing manual paper-based contracts into the digital form. Else it will result in disparate systems to manage.
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Digital Procurement Software & Solutions
JAGGAER is a Contract Management Platform that aligns what to buy, and from whom, with the results of the negotiations with suppliers, for a closed-loop process that drives on-contract purchasing. It helps to improve visibility and increase sales and revenue.
Vendor: JAGGAER, LLC
HQ Location: 3020 Carrington Mill Blvd Suite 100, Morrisville, NC 27560, US
complete software solution for EMS Agencies...
Vendor: Arcata Software, Inc.
HQ Location: Houston, TX
Premium Source-to-Contract Solution
Vendor: ReadyTech Holdings Limited
Company Size: 201-500
HQ Location: Level 2, 77 King Street, Sydney NSW 2000
Next Generation Supplier & Contract Management
Gatekeeper is an AI-driven all-in-one contract management platform that provides a suite of Vendor Management, Contract Management, Kanban Workflow, Collaboration and Reporting features with seamless integration for third party solutions, including Single Sign On (SSO), Enterprise Resource Planning (ERP) Finance, Document Management Solution (DMS) and more.
Vendor: Gatekeeper.
HQ Location: 333 Seymour St, Vancouver, BC V6B 5A6, Canada
Financials: PRIVATE
contraxaware: Take Control Of Your Contract Management Process...
ContraxAware is a cloud-based contracts management solution, which helps businesses of all sizes create, edit and store contracts. It helps to centralize all the contracts and documents and is available anywhere, any time and on any device.
Vendor: ContraxAware, Inc.
Company Size: 1-10
Financials: PRIVATE
Contract management platform to make companies effective, efficient, and profitable
Intelagree is an AI-powered contract lifecycle management (CLM) platform that allows users to identify, extract, and analyze the text in the agreements and contracts. It helps legal teams leverage artificial intelligence (AI) and machine learning (ML) technologies to draft, negotiate, track and approve contracts.
Vendor: Intellizence, Inc.
HQ Location: 100 E. Madison St, Suite 300 Tampa, FL 33602
Financials: SEED
Simplify the creation and management of your contracts
Vendor: Scanmarket by Unit4
Company Size: 11-50
HQ Location: Americas, 200 S. Wacker Drive, 15th Floor, Chicago, IL 60606, US
Financials: PRIVATE
Efficient Contract Management for the modern business
Contractbook’s contract management software enables businesses to scale with future-proof contracts, by turning static contracts into a database for the entire organization and unlocking the full value of the data.
Vendor: Contractbook ApS
Company Size: 11-50
HQ Location: Sundkaj 7, 3 tv, (Pakhus 47) ), Copenhagen (Nordhavn, 2150, DK
Financials: SERIES B
An end-to-end contract lifecycle management solution with automated contracting processes
Conga CLM provides contract lifecycle management solution for contracts from vendors, partners, customers, or employees. It helps to increase sales and revenue and enhance customer relationships.
Vendor: Conga Corporation
Company Size: 51-100
HQ Location: 1400 Fashion Island Blvd, Suite 100, San Mateo, California 94404, US
Financials: PRIVATE
Contract intelligence legal teams can trust
Vendor: Litera Microsystems
Company Size: 101-250
HQ Location: Chicago, Illinois
Financials: PRIVATE
ContractZen - Digital Hub for Corporate Governance
ContractZen is an all-in-one cloud service for contract management which helps to provide better corporate governance. It helps to improve ROI and enter new markets internationally and locally.
Vendor: ContractZen Oy
Company Size: 1-10
HQ Location: Eteläesplanadi 2 , Helsinki, FI
Financials: PRIVATE
Automates the entire lifecycle of your contracts
Vendor: Zycus Inc.
Company Size: 501-1000
HQ Location: Office No 335, 400 Thames Valley Park, Reading, Berkshire, RG6 1PT, London, GB
Financials: PRIVATE
AI Contract Management Software for Business
Evisort is a Contract Intelligence Platform to centrally manage contracts, get real-time visibility into agreements, and streamline document generation, workflows, and collaboration all in one platform. It helps to improve the lives and effectiveness of every person that touches contracts and increases the speed of agreement.
Vendor: Workday, Inc.
Founded: 2005
Company Size: 5001-10000
HQ Location: 9211 Corporate Blvd, Rockville, Maryland 20850, US
Financials: IPO
AI-powered data extraction and contract analytics platform for corporate and legal documents.
Leverton is an AI-powered data extraction and contract analytics platform for corporate and legal documents. It helps businesses to extract and analyze key structured data out of their corporate and legal documents.
Vendor: MRI Software LLC
Company Size: 11-50
HQ Location: San Francisco, USA & Wellington, New Zealand, L2, 181 Vivian Street, Wellington, North Island 6023, NZ
Financials: PRIVATE
R3 Contract Management for GovCon - r3bsolutions.com
Vendor: R3 Business Solutions LLC
Company Size: 11-50
HQ Location: 43150 Broadlands Center Plaza, Ashburn, Virginia 22066, US
Financials: PRIVATE
Contract Eagle - Contract Management Software
Vendor: Contract Eagle Limited
Company Size: 2-10
HQ Location: 4 Williamson Ave, Auckland, 1021, NZ
Financials: NA
eDiscovery & Legal Search Software Solution
Vendor: Relativity ODA LLC
Company Size: Crunchbase
HQ Location: 231 South LaSalle St. 20th Floor Chicago, IL 60604
Contract drafting engine to cut the time and costs of legal drafting
Updraft is the contract management platform that cuts drafting time by up to 90 percent. It’s a platform designed for lawyers, business owners, sales teams, HR consultants, or estate agents. It helps in providing affordable legal access for all.
Vendor: Origin Dynamic Systems (Pty) Ltd
Company Size: 51-100
HQ Location: 41 Ladies Mile Rd, Cape Town, Western Cape ZA
Financials: M&A
Contract LifeCycle Management
Trusted by 200+ global industry leaders like Honda Cars, Colgate, AstraZeneca, Adani, etc. Volody CLM by Volody is an Agentic AI-powered Contract Lifecycle Management (CLM) platform built to revolutionize how your enterprise handles contracts. We are proud to be known as one of the most user-friendly and easy-to-use tools on the market, helping organizations achieve tangible results like an 84% reduction in contract turnaround time and a 70% boost in team productivity.
Vendor: Volody Technologies Pvt. Ltd.
Company Size: 11-50
HQ Location: Mumbai, Maharashtra
Financials: NA
Contract Management Software - SAP Ariba
Ariba Contract Management software helps to centralize contract storage, strengthen compliance, automate and accelerate the entire contract lifecycle, and much more. It helps improve stakeholder relations and scale best practices.
Vendor: SAP SE
Founded: 1972
Company Size: 10001+
HQ Location: Dietmar-Hopp-Allee 16, 69190 Walldorf, Germany
SharePoint Contract Management Software - ConvergePoint
Vendor: Ideagen ConvergePoint, Inc.
Company Size: 11-50
HQ Location: 1810 Snake River Rd, Katy, Texas 77449, US
Financials: PRIVATE
Web-Based Procurement Management
Tradogram is a Cloud-based procurement software for complete spend control, purchase order management, and more at an affordable rate. It’s an affordable, and flexible platform to simplify purchasing and empower buyers and purchasing decision-makers to manage suppliers, gain 100% visibility into their spending, and significantly cut costs.
Vendor: Tradogram Inc.
Company Size: Crunchbase
HQ Location: 245 Menten Place, Suite 102 Ottawa, Ontario K2H 9E8 Canada
Financials: CRUNCHBA
AI-Driven website optimization
Bound Personalization is the audience insights and website conversion optimization platform that enables digital marketers to engage at scale. It helps to scale best practices and improve efficiency.
Vendor: Bound Systems
Company Size: 11-50
HQ Location: 3000 E Cesar Chavez , Suite #400, Austin, TX 78702, US
Financials: SERIES A
Intelligent business partner to manage paperwork
Revv is a sales document solution which helps to create professional quotes, contract proposals as well as ensures in-context collaboration between sales, legal, and finance teams. This platform helps to simplify and automate the sales processes. User can have NDA, quotes, SoW and all contracts on one platform.
Vendor: RevSure.AI Inc.
HQ Location: Koramangala, 7th Block, Hosur Main Road, 2nd Floor, Salarpuria Tower 1, Bangalore, Karnataka 560095, IN
