Top 35 Contract Lifecycle Management Software
Regardless of the specialty of the business, there is a possibility that you will encounter several contracts daily. These contracts may arise from different formats such as employees’ application letter, invoice, POS, and utility contracts. While contracts are beneficial to the organization, some of the contracts are simple and straightforward, while others may require more diligence handling due to the level of complexity.
In most of the cases, the management may prefer the traditional method of filing and managing the contracts. However, with the recent technological advancement, more efficient ways are needed to handle the flow of contracts. That is where Contract Lifecycle Management software comes in handy. The Contract lifecycle management software makes it easier for a company to manage several thousand contracts that may expose the business to risk.
Contract lifecycle management is the process of controlling, coordinating, and streamlining all stages in the contract lifecycle . CLM helps companies optimize contract performance, especially in procurement and sales. The tools of contact lifecycle management enable CFOs to reduce costs, more accurately forecast revenue, and improve Sarbanes-Oxley compliance.
With CLM, contract terms and conditions can reflect the key metrics that measure supplier and customer performance. Integrating CLM with operational platforms such as enterprise resource planning enables vendor, customer, and contract item information to be brought into accounts receivable and payable systems in a seamless, automated, and error-free fashion. CLM improves contract visibility, control, and reporting, which enables legal and regulatory affairs departments to diminish risk.
What are the Top Contract Lifecycle Management Software: PandaDoc, Kira, Ivalua, eBrevia Contract Analyzer, Coupa, Seal's Contract Discovery software, Fullstep Suite, SMART by GEP, CLM Matrix, Ultria, SAP Sourcing and SAP Contract Lifecycle Management, OpenText Contract Management, Oracle Procurement Cloud, Parley Pro, SAP Ariba, Apttus, Contract Insight Software, IBM Emptoris, Symfact, Optimus BT's eContract, Gimmal, Concord, SpringCM, Lextree, Novatus, ContractWorks, ContractRoom, Agiloft, CallidusCloud CLM, Newgen Provider Contract Manager, ContractSafe, Corridor CLM, MochaDocs, Vortal, Gatekeeper are some of the examples of best Contract Lifecycle Management Software.
You may like to read: Top Free Contract Management Software and How to Select the Best Contract Lifecycle Management Software for Your Business
What are Contract Lifecycle Management Software
Contract Life Management Software is a system designed to automate the management of contract among business, buyers, and suppliers. The software manages the entire lifecycle of a contract starting from the request of the proposal to the negotiations.
The contract lifecycle management software minimizes the risk of human error by eliminating the several stages a contract must undergo before getting processed. Furthermore, users of contract lifecycle management software have a complete insight into the contracts thus eliminating risks that may result in time wastage. It also provides a platform that allows strategic negotiation that may result in enormous cash flow to the business.
The software may be integrated with other systems such as accounting and other resource planning system that helps the user to get full advantage of managing the entire lifecycle of a contract.
Contract Lifecycle management software has become a must-have in most of the business. Depending on the business or the sectors, some of the features are probably going to be more important than the others. Here is a list of the most important features that you will find in a Contract Lifecycle Management Software.
Top Contract Lifecycle Management Software
- Automation of contract management: Contract lifecycle management helps the customer to completely automate the entire lifecycle of contracts. Furthermore, the software helps to integrate the contracts automatically to business-related processes and improves the approval processes.
- Customized alerts: Contract Lifecycle software allow the user to configure deadline alerts in various stages of a lifecycle. These include financial alerts, contract termination alerts, and contract renewals.
- Contracts Amendments and Tracking: The software provides an easy platform where the user can link various contract together or make any updates or change details in a contract.
- Summary sheets: Contract lifecycle management software provide the user with an overview of the various contracts providing details such as contract lifecycle, financial information, audits, and parties involved.
- Security Access Restriction: Contract lifecycle management software provides access restriction to the user. With the feature, the user can able to grant, denial or revoke other users from accessing the database that contains the business contracts.
- Vendor Communication Platform: Contract lifecycle management provide the user with an excellent platform that reduces response time and help with interactions that improve customer satisfaction.
Top Contract Lifecycle Management Software
PandaDoc
PandaDoc offers an all-in-one solution for client-facing documents. These solutions are Contract Management, Sales Proposals, Price Quotes and Electronic Signing. With PandaDoc Contracts, users can save time and reduce errors during their contract management process with PandaDoc. This solution includes creating contracts inside the user’s CRM, streamline contract negotiation and electronically sign contracts on any device. For Sales Managers, they will be able to keep the company’s sales team’s contracts accurate with custom lockable content blocks and contract templates. The Sales Teams will be able to track when approving managers and prospects view and sign contracts as well as Close…
Integrations with CRMs and other tools
Unlimited templates
Unlimited docs & E-Signatures
Manager approval workflow
Document builder and editor
Email and phone support
Professional $19 /month/ user
Business $39/month/ user
Kira
Kira is a machine learning artificial intelligence that excels at searching and analyzing contract and other relevant document text. It offers one Kira platform, multiple use cases, due diligence, contract analysis, lease abstraction and more. Kira makes powerful machine learning artificial intelligence accessible to everyone, through an intuitive user interface that features real-time collaboration and flexible project management. Users will be able to import files in any of over 60 formats. Users can drag-and-drop, upload entire directories or zip files, import from Intralinks or via the Kira API. Kira automatically converts files into machine readable form, and then uses machine…
Unlimited Users
Unlimited Training
API Access
Intralinks Integration
Technical Troubleshooting Assistance
Contact for pricing information.
Ivalua
Ivalua is an end-to-end software solution for top performing procurement teams. Ivalua is a global provider of spend management solutions and a recognized leader in procurement, sourcing and supplier risk management by top industry and technology analysts. Users will be able to manage contract commitments in one place and get reminders as critical dates approach. This includes Configurable contracts and hierarchical relationships in a single repository, Granular contract access by user profile and perimeter scoping (helps with SOX compliance), Any contract version can be made private (internal access) or external (supplier access), Contracts can be accessed by named users and…
Contract Management
Price List & Catalogs
Contract Authoring
Asset & Tooling
Item & Service MDM
Contact for pricing information.
eBrevia Contract Analyzer
eBrevia Contract Analyzer extracts information from current and legacy contracts to ensure that key contractual data and commitments are not missed. Gain insights into relationships with customers, vendors, partners, and third parties. Use it to minimize organization’s risks, uncover hidden costs and opportunities, and make more informed business decisions. Populate Excel, Word, or business database with eBrevia-extracted results. The eBrevia Contract Analyzer assists organizations of all sizes in storing, retrieving, and analyzing their contracts. The software simplifies contract management, saving the organization’s time and money, and helping users get the most out of their contracts. The eBrevia Contract Analyzer extracts…
Contract Analyzer
Diligence Accelerator
Lease Abstractor
Bespoke
Contact for pricing information.
Coupa
Coupa Contract Management provides control and efficiency to your enterprise-wide contracting and seamlessly unifies it with core transactional spend. Pre-approved templates allow buy-side contracts to be generated quickly and easily, saving time, reducing errors, and ensuring internal and regulatory compliance. Coupa provides a unified, cloud-based spend management platform that connects hundreds of organizations representing the Americas, EMEA, and APAC with millions of suppliers globally. The Coupa platform provides greater visibility into and control over how companies spend money. Customers – small, medium and large – have used the Coupa platform to bring billions of dollars in cumulative spend under management.
Enterprise Collaboration
Process Automation
Global Presence
Powerful Document Assembly Engine
Ease of Integration
Contact for pricing information.
Seal’s Contract Discovery software
Seal's Contract Discovery Software has just unveiled a new version of its leading contract discovery and analytics solution called Version 5.0. The new version introduces two major capabilities, the first called “Analyze This Now” (ATN) and the second is User Driven Machine Learning (UDML). Both are designed to empower business users, putting more of the capabilities of Seal in their hands, and removing work from Legal Ops or other administrative resources. Version 5 will reduce the costs, and speed the time for many contract management and analysis processes. Seal's Contract Discovery Software’s “Analyze This Now” pulls existing contracts directly into…
Comprehensive Platform
Combination of Various Technologies
Contract Discovery
Contract Analysis
Data Visualization
Contact for pricing information.
Seal’s Contract Discovery software
Fullstep Suite
Fullstep Suite is the expert in Purchase Management Optimisation. Fullstep help companies to reduce costs swiftly and sustainably. Fullstep Suite’s expert purchasing management consultants offers their users all their knowledge and experience acquired across multiple sectors, to help them become more competitive. Fullstep Suite’s team of consultants will place itself at user’s disposal to learn about their resources, processes, structure, priorities, market, and relationship with suppliers and others that are vital to the organization. Fullstep Suite offers an in-depth analysis and diagnosis of the situation, identifying possible purchasing improvements, corrections and needs. Finally, it will define a strategic plan in…
Procurement Consulting
Purchasing Platform
Outsourced Purchasing
Purchase Order Management
Expert Support
Contact for pricing information.
SMART by GEP
PandaDoc offers an all-in-one solution for client-facing documents. These solutions are Contract Management, Sales Proposals, Price Quotes and Electronic Signing. With PandaDoc Contracts, users can save time and reduce errors during their contract management process with PandaDoc. This solution includes creating contracts inside the user’s CRM, streamline contract negotiation and electronically sign contracts on any device. For Sales Managers, they will be able to keep the company’s sales team’s contracts accurate with custom lockable content blocks and contract templates. The Sales Teams will be able to track when approving managers and prospects view and sign contracts as well as Close…
Contract Management
Supplier Management
Procure-to-Pay
Spend Analysis
Savings Tracking
Sourcing
Contact for pricing information.
CLM Matrix
CLM Matrix Software takes the key individual components that are used to create contractual relationships and integrates them to build best practice standardized workflow processes. The individual components include the organization’s processes, people, policies, data elements and contract templates. CLM Matrix works with its customers to define and prioritize what’s most important in each of these areas and how they add value throughout the contracting process. With CLM Matrix Software and Microsoft SharePoint, users can automate key business rules and compliance, mitigate risks through control of contract language, manage multi-year obligations that influence contract renewals, set alerts, monitor and track…
SharePoint and Microsoft Office for Contract Management
Sales force and Dynamics CRM Integration
Cloud, SaaS or on-premise installation
Device and Browser Agnostic
Contact for pricing information.
Ultria
Ultria is the contract management division of Verdantis, Inc. (an organization which has been providing enterprise critical SaaS Governance and Stewardship solutions to G1000 companies for over 14 years). Ultria’s contract management product comes with a legacy of successful deployments over more than seven years. Ultria focuses on helping organizations boost their contract management processes and deliver value to their legal and revenue teams. Ultria’s artificial intelligence (AI) based Contract Management product portfolio involves features to accelerate and control all the stages of a contract’s lifecycle: (1) Request – ability to request for a new contract from within internal or…
• Contract Authoring: Word plug-in, Version tracking,Clause library, and Automated approval workflows.
• Contract Repository: Access based storage,Intelligent search,Alerts and reminders, and Renewals management.
• Contract Analytics:Obligations management,Compliance management,Performance management, and Reports and dashboards.
• Integration: Salesforce / ERP, External portal / Request portal,Outlook request form and Data migration
• Contract Authoring: Word plug-in, Version tracking,Clause library, and Automated approval workflows.
• Contract Repository: Access based storage,Intelligent search,Alerts and reminders, and Renewals management.
• Contract Analytics:Obligations management,Compliance management,Performance management, and Reports and dashboards.
•Faster contract creation and approvals
•Greater contract compatibility as per approved legal clauses and policies
•Greater transparency to all stakeholders across the contract lifecycle
SAP Sourcing and SAP Contract Lifecycle Management
Automate and standardize the source-to-contract processes – with SAP Sourcing and SAP Contract Lifecycle Management. The on-premise solutions integrate with the transactional systems and work together to help ensure process visibility and contract compliance. Gain tighter control over strategic sourcing and contract management activities – and maximize savings.Why sap? Because they provide a complete “source-to-contract” solution and offer out-of-the-box integration with the backend systems. Simplify sourcing and procurement processes, facilitate compliance with negotiated terms, and increase competitive advantage like : Automate sourcing and procurement contract processes – and improve governance,Host auctions to create competitive bidding scenarios,Author contracts using standard clauses…
Automate sourcing and procurement contract processes
create competitive bidding scenarios
central repository
Improve contract compliance
powerful configuration features
SAP-certified partner
Contact for pricing information.
SAP Sourcing and SAP Contract Lifecycle Management
OpenText Contract Management
Open Text Contract Management provides a completed integrated solution for all types of contracts, including buy-side, sell-side, and other legal agreements. It is an out-of-the-box solution for all aspects of contract processing, from initiation and request, to authoring, negotiation, approval, execution, management, and renewal. Open Text Contract Management Rapidly locates all contract knowledge across the enterprise through a centralized, secure repository. It enforces contract standardization and minimizes risk through use of templates that incorporate approved language as well as accelerate cycle times and reduce operational costs by automating the creation, review, approval and even execution processes. Users can take advantage…
Centralized, secure repository
Powerful search and analytics tools
Effectively managing key milestones
Templates ready for use
Contact for pricing information.
Oracle Procurement Cloud
Oracle Procurement Cloud is the industry’s broadest and most integrated public cloud. It is a complete source to settle solution that includes supplier qualification management, sourcing, procurement contracts, purchasing, self-service procurement, and supplier portal. It offers best-in-class services across software as a service (SaaS), platform as a service (PaaS), and infrastructure as a service (IaaS), and even lets the user put Oracle Cloud in their own data center. Oracle Cloud helps organizations drive innovation and business transformation by increasing business agility, lowering costs, and reducing IT complexity. It supports 25 different languages and can operate multiple companies with diverse charts…
SaaS (Software as a Service)
PaaS (Platform as a Service)
IaaS (Infrastructure as a Service)
25 different languages
Pre-approves clause library
Sourcing
Contract templates
Guided contract creation
Contract audit library
Supplier management
Sourcing (Sourcing, Supplier Management, Transactional Business Intelligence for Procurement): $650 per user per month
Procurement Contracts: (Procurement Contracts, Supplier Management, Transactional Business Intelligence for Procurement): $405 per user per month
Parley Pro
Parley Pro is all-in-one software for effective and efficient negotiation. It seeks to accelerate contract time-to-close, as it boosts its efficiency and avoids contract delays. It helps user minimize the time spent on routine administrative tasks and streamline intra-party and cross-party communication and collaboration. Besides, it is useful to achieve better quality contract. Users can produce better negotiation outcomes using Parley Pro’s Consensus Building Workflow™. It decreases human error and improves users’ negotiation decisions.. They can assign user roles, and gain complete visibility into the contract negotiation process and contract milestones. Moreover, Parley Pro has different features regarding each step…
Consensus Building Workflow™
Dialogue scheme to revise intra-party contracts
Platform to negotiate multi-party contracts
eSignature
Interactive dashboards
Can request a demo
Starter:
Billed annually: $40 a month per user
Billed monthly: $50 a month per user
Business:
Billed annually: $50 a month per user
Billed monthly: $60 a month per user
Enterprise: Contact for pricing
SAP Ariba
Ariba is how companies connect to get business done, using the marketing leading solutions for collaborative commerce and Ariba Network. Ariba help buyers and suppliers from more than 2 million businesses and 190 countries discover new opportunities, collaborate on transactions, and grow their relationships.As a buyer, one can manage the entire purchasing process, while controlling spending, finding new sources of savings, and building a healthy supply chain. As a supplier, one can connect with profitable customers and efficiently scale existing relationships—simplifying sales cycles and improving cash control along the way.The result is a dynamic, digital marketplace, where more than $2.5…
Spend & Supplier Management
Financial Supply Chain Management
E-Commerce & Account Management
Contact for pricing information.
Apttus
The Apttus Intelligent Cloud is a flexible and scalable end-to-end Software as a Service (SaaS), solution that maximizes the entire revenue operation by streamlining and improving business processes, aligning and driving revenue winning behaviors and recommending relevant, intelligent actions.Apttus combines modern process-based applications such as Configure Price Quote, Contract Management, E-Commerce and Billing & Order Management with innovative behavioral applications including Rebates, Promotions and Compensation, to align and drive revenue winning behaviors across all the sales channels. Apttus’ X-Author solution increases adoption of these tools across the organization by allowing Microsoft Word and Excel to function as user interfaces dramatically…
Revenue Management
Incentives
X-Author
CPQ
Intelligent Workflow Approvals
Configure, Price & Quote
Contract Management
E-Commerce
Quote-to-Cash with Machine Learning
Contact for pricing information.
Contract Insight Software
Contract Insight Software Edition Software is an 'End-to-End' enterprise level, completely web-enabled Contract Management Software Solution which provides enterprise contract tracking, contract drafting, configurable custom user-defined fields, custom report design tools, e-mail alerts, calendar reminders, legal hold, task and checklists, security, document management, check-in tracking, workflow, financials, cost control, searching, performance tracking, full- text indexing, web platform, web calendaring, and more. It is built upon the latest web-enabled technologies so it can be deployed faster, supported easier, thus reducing user’s total cost of ownership and accelerating their return on investment. Contract Insight Enterprise Edition offers flexible deployment options. The Enterprise…
Robust contract tracking software
Easily Track contracts for vendors & customers
Track licenses, patents, trademarks / service marks, & other committal documents
Attach supporting documents with version tracking
Easily supported and maintained
Accessed in the office or remotely
$79/mo per user
IBM Emptoris
Emptoris Sourcing is an IBM software that simplifies complex sourcing decisions and events, helping to optimize value and reduce costs. It helps to optimize allocations in the direct and indirect spend categories by factoring cost, risk and performance into sourcing decisions. Users can improve value as well as price from their supply base and automate virtually all sourcing events from reverse auctions and RFxs to complex multi-stage negotiations. Also, they can provide both broad and granular visibility into corporate sourcing data and improve their supplier collaboration relationships, reducing costs, and sparking innovation. With it, users can identify sustainable savings. This…
Advance Sourcing Capabilities
Allocation of more spending to prefer suppliers
Automation of sourcing procedures
Dynamic sourcing
Multi-line proposals
Templates
Consistent workflows
Feedback to suppliers
Contact for pricing
Symfact
Symfact is the leading provider of Contract Management and Compliance Management Solutions, enabling enterprise customers around the world to maximize revenues, minimize costs and actively manage contractual terms and risks, all on a single technology platform. With Symfact solutions, customers can effectively manage the documentation, deadlines, budgets, commitments, workflow, secure access and analysis tools related to contract management and compliance. As enterprises grow and change, the Symfact platform easily scales from departmental to enterprise implementations. In addition, Symfact solutions are readily configured to the enterprise’s business processes and seamlessly integrated with required IT infrastructure. Symfact provides a secure and yet…
Board and Entity Management
Contract Management
Control Activity Monitoring & Assurance Management
Policy, Communication and Training
Third Party/Vendor Risk & Compliance
Contact for pricing information.
Optimus BT’s eContract
Optimus BT is a dynamic organization building a generation of enterprise business applications for leading enterprise platforms like Office 365 and SharePoint that enable businesses to automate processes, gain insight, manage workflow and personalize business processes across the enterprise. Optimus BT's eContracts 365 provides an actionable solution that helps organizations have intelligence and visibility into opportunities and risks inherent in Contract repositories. It streamlines operational scenarios where large volumes of day-to-day contracts are executed in an uncontrolled process and contract decision making in high value and high risk strategic relationships. eContracts’ tight integration with Microsoft Suite of applications lets teams…
360° Contract Records
User Configurable Data Fields
Configurable Self Service Forms
Native Integration with O365
On-Premise Data Backup & Restore
SharePoint User Groups
Integrated Search
Contact for pricing information.
Gimmal
Gimmal is a company focused in the improvement of the user’s experience in managing information and streamlining processes. Their solutions are built on SharePoint and Office 365 to simplify the management of all contents across the organizations, including shared drives, enterprise file sync and share systems. Gimmal ensures customers of records compliance and security more easily, makes them realize their digital workplace strategies faster and connects content with business transactions to improve efficiency and lower costs. The software eliminates the problems that come from disparate information silos and retaining useless or expired information by increasing employee productivity by helping them…
SharePoint and Office 365
DoD 5015.2 certified records management
Microsoft certified records management
Centralized policy rule creation
SAP metadata
Working on the cloud
Automatic templates
Automatic tagging
Single interface
Interoperability
Automatic Content Organization
Can request a demo
Contact for Pricing
Concord
The Concord provides online editing and discussion capabilities eliminating the need to email documents back-and-forth. Track-changes provides a clear record of the evolution of a document,keeping track of who made specific changes. Every time an edit is made, a new version is created and a time stamped record is captured in the audit trail. Concord has reinvented contract management by including intuitive and robust features for contract negotiation in a single all-in-one platform.View document changes in real-time with Concord. Stay organized by having previous document versions automatically saved in chronological order and color-coded to show who made specific changes. All…
Online editing
Versioning
+ Track Changes
Discussion Panel
Free & Unlimited Electronic Signatures
Electronic Signature Legality
Multiple Signers
Double Authentication
Deadline Alerts
Summary Sheets
Amendments
Unlimited Storage
Standard
$24.99
per user per month
billed annually or
$34.99 billed monthly
Plus
$49.99
per user per month
billed annually or
$69.99 billed monthly
SpringCM
The Spring Contract management software helps your organization add order and efficiency to the contract process. It enables one to better manage contracts throughout their full lifecycle — from contract generation to renewal. The best contract management software can free the time, reduce the organization's operating costs and accelerate revenue. Contract software isn't just for legal and sales pros, but also for everyone who deals with contracts behind the scenes, including HR, IT and finance departments. Effective contract management begins with a cloud-based central repository and an organized, intuitive folder structure that accommodates the business workflow.Whether the teams work all…
Store, share and search for the contracts quickly and easily
Generate contracts faster
Be ready for an audit
Eliminate bottlenecks
Contract Management for Salesforce
Streamline contract review and increase visibility
Keep contracts moving without stepping in
Generate agreements using approved templates
Find any document in seconds
SpringCM Contract Management Pricing
PROFESSIONAL CLM
Generate, Store, Sign
$39
/user/month
ENTERPRISE CLM
Full Automation / Workflow
$79
/user/month
Document Management Pricing:
PROFESSIONAL DOCS
Generate, Store, Sign
$29
/user/month
ENTERPRISE DOCS
Full Automation / Workflow
$79
/user/month
Lextree
Lextree offers clear solutions for legal data, dates and documents. Lextree allows its users to collaborate with unlimited users. Organizations can use custom security groups to control access to their critical legal data and documents. Lextree is 100% web based, users only need to connect with their browser to Lextree; there is no software that needs to be installed. Users receive automated alerts from tasks and due dates. This means that users will never miss another legal deadline. And with its dynamic reports, Lextree provides its customers insight to their legal data and documents. Users of Lextree will gain insight…
Unlimited users
Unlimited alerts
25,000 records with more available
10 GB with more available
100% Web Based
Secure Access
$349 - per month
Novatus
Conga Novatus is a mobile-friendly and based-on-the-cloud contract management solution of the Conga enterprise, that administers the contract lifecycle overall. It foolowas the SaaS (Software as a Service) licensing and delivery model. Their innovative system allows contract creation using company standard agreements, negotiating in a secure environment, comparing revisions, routing tasks to the appropriate parties, tracking interactions and cycle times, electronically signing agreements, searching and reporting on text-based documents. The software is available in 7 languages (English, French, Spanish, German, Dutch, Portuguese Brazil, and Simplified Chinese), making it globally transcendent. Moreover, roles and permission levels dictate access rights for each…
eSigning
Browser-based configurability
Based on the cloud
Reports in Excel, PDF and HTML
Available in 7 languages
Out of the box Integrations
Data Migration
Tracking interactions
User customization for each user’s access
OCR applied to ever PDF file
Hierarchical tree view
Approval workflow
Event alerts
SaaS (Software as a Service)
Can request a demo
Contact for a Free Trial
Contact for pricing
ContractWorks
ContractWorks offers a simple, powerful, and secure contract management software solution, customizable to the needs. ContractWorks provides a simple way for one to get the contracts under control, eliminating the risk associated with poorly managed documents. ContractWorks provide Secure Contract, RepositoryUnlimited, Custom Alerts and Notifications,Built-in Electronic Signature (no cumbersome API),Customized Reporting,Advanced Search. ContractWorks prioritizes contract management security and privacy. Make the IT person happy with Amazon Web Services (AWS) Platform- the leader in secure cloud services,ISO 27001 and SOC 1, 2 & 3 Accredited Data Centers,Encryption of Data in Transit and at Rest,Two-factor Authentication,Permission-based User Roles. ContractWorks provides one with…
Control the Contracts in a Central Repository
Contract Lifecycle Management
Electronic Signature
Low, Transparent Pricing
$500 / month
12-MONTH PLAN
(Billed Annually)
$600 / month
3-MONTH PLAN
(Billed Quarterly)
ContractRoom
ContractRoom saves enterprises time and money by automating the process of negotiating agreements and managing contract workflows; therein, improving employee productivity and B2B transactional decision-making. ConctractRoom shortens and streamlines the procurement contracting process for governments, moving from highly manual processes into a more collaborative, data-base driven approach, which enhances transparency, accuracy and control.ContracRoom provides Control document creation to mitigate legal risk. Reduce overall RFP/ITN processing time. Better visibility and leverage over savings opportunities. Hold vendors accountable for compliance breaches.Get more agreements completed faster. Monitor collaboration internally and externally from proposal to contract. Get automatic alerts of any legal and/or business…
Framework Configuration
Multiparty Collaboration
Agreement Construction
Contract Execution
Workflow Management
Contract Compliance
Agreement Archive
Contract Management
Data Leveraging
Vendor Optimization
$39
per user /month
Agiloft
Agiloft allows one to configure enterprise class applications without custom coding. The result is that one can deploy complex systems in weeks rather than months and respond rapidly to changing business needs. Agiloft provides Agile Business Software.The word “agile” in its original meaning of "quick, adaptable, and resourceful," rather than referring to a particular software development methodology. In fact, one of the ways Agiloft enables IT to become agile is by removing the need to write software at all. With Agiloft, the organization can achieve true business agility, giving users a critical competitive edge in today's ever-evolving technology landscape. As…
Contract Management
Customer Service & Support
ITIL Service Management
Workflow Management
Asset Management
Change Management
Hosted service:
Contract Management Suite
$45/user per month
Service Desk Suite
$65/user per month
with Unlimited End Users
Workflow/Custom BPM Suite
$45/user per month
Software Purchase
Contract Management Suite
$1,050/user
Service Desk Suite
$1,400/user
with Unlimited End Users
Workflow/Custom BPM Suite
$1,050/user
CallidusCloud CLM
Automate the lifecycle of business contracts with CallidusCloud Contract Lifecycle Management software. Streamline the creation, negotiating, and storing of contracts to close deals faster. CLM software manages key milestone dates, renewal alerts, and internal compliances to protect the bottom-line. CallidusCloud CLM allows its users to send and receive redlined contracts via a secure portal. This feature includes route contracts to key stakeholders for review to speed up the negotiation; quickly track all of the redlining and manage changes and integrate with the company’s CRM system to keep business opportunity updated. With CallidusCloud CLM, contracts are automatically routed to the appropriate…
Marketing Automation
Territory & Quota
Litmos Mobile Learning
Contract Lifecycle Management
Sales Performance Manager
Contact for pricing information.
Newgen Provider Contract Manager
Newgen Provider Contract Management is a, automated, self-serviced tool to create and manage value-based contracts with providers so they can ensure transparency and uninterrupted care delivery to their members. It helps Health Plans develop a centralized and fully automated system based on a repository of contract information and its role-based access to sensitive contract data and documents. It enhances communication across departments due to the advanced workflow engine provided. Newgen Provider Contract Management is accurate for sales executives with minimal legal experience that want to be empowered with smart tools to drive value driven contracts with closely monitored SLAs. It…
Advance workflow engine
Repository of contract information
Standard templates with pre-defined language, clauses and contract terms
Advanced search capability
Parallel and sequential routing
Tightly integrated with CRM and HMS
“First Time Right” auto-configuration
Automated Welcome Letters to Providers
Notifications, alerts, and follow-ups to Providers & Sales executives in case of exceptions or discrepancies
Productivity and compliance dahsboard
Can request a demo
Contact for pricing
Newgen Provider Contract Manager
ContractSafe
ContractSafe is a cloud-based system aimed at storing and managing contracts, speeding search with auto-OCR, easing date reminders, and allowing multiple users with simple permissions. In that way, it streamlines the contract management. Missing contract deadlines can be a disaster for any business's fiscal stability. ContractSafe alerts users anytime an important contractual deadline is approaching, so they are always prepared well in advance of renewal dates. This happens because of the automated reminder emails and the view calendar of upcoming dates. Also, finding the right document in no time at all is the new reality. Users can also search any…
OCR
Google-like keyword searching
Easy tagging
Advanced search mode
Exporting to CSV
Amazon's AMS ISO 27001 Certified Data Centers with Encryption
Customization of the dashboard
Automated alerts
Unlimited users
Users customization for each user’s access
Term sheet with key contract terms
Store related documents
Can request a demo
Can request a Free Trial
Free: Includes 10 contracts. Unlimited users.
$0
Silver: Includes 100 contracts. Unlimited users.
$49 monthly
Gold: Includes 500 contracts. Unlimited users.
$199 monthly
Platinum: Includes 5000 contracts. Unlimited users.
$499 monthly
Corridor CLM
Corridor Company is an enterprise focused on continuously evolving with their Contract Management software products. They commercialize two products: Contracts 365, based on Office 365; and Contract management , based on SharePoint. The first one is a Next Generation Contract Lifecycle Management application with support for all aspects of the contract management process (from creation to termination) as well as the ability to manage sophisticated obligations, supports documents and complex data relationships. It is available through Office 365. On the other hand, the second one is a Contract Management Software and the most robust, flexible and user-friendly contract lifecycle management…
E-signature
Automatic creation of contracts, supporting documents, contract playbooks and clause libraries
Contract dashboard
Automated approvals
Risk-converter (obligations into risks)
Workflow
eSourcing
Can request a free demo
Contact for pricing
MochaDocs
MochaDocs offers Analysis, Dashboard & Reports with a single click of all information. It provides a clear overview of every contract using visual dashboards. Make reports concerning contracts, tasks, financial data, forecasts, entities, suppliers, users, dates and so much more. MochaDocs is completely configured within an hour; while its fully automatic contract templates save 90% of its user’s time, configurable for every desire. MochaDocs is always up-to-date and never wait for updates. MochaDocs is cloud software for Contract Management. The only necessities that users need would be internet connection as well as a browser. There are no unwanted installations. Everyone…
Unlimited Contracts
Unlimited Tasks
Unlimited Attachments
1 GB Storage per manager
1 Manager - $44/ manager/month
5 Managers - $33/ manager/month
15 Managers - $22/manager/month
Vortal
Vortal is an international leading eSourcing and eProcurement platform for the public and private sector, which connects thousands of buyers with an international network of qualified suppliers. Vortal’s eProcurement platform is implemented in more than 3.000 public entities. The platform will allow organizations to be aligned with the new EU Public Procurement Directives. eProcurement can save money, streamline public spend, and shape economic activity without undermining services. eProcurement provides a full range of services to ensure that users can integrate Vortal’s platform (which is fully compliant with user’s country’s contract legislation) with their current ERP. Vortal uses communications & database…
Cost Effective
Efficient Consumption
Budget Improvement
Global Impact
Leading Platform
Contact for pricing information.
Gatekeeper
Gatekeeper is a visible, controlled and collaborative software for Supplier and Contract management. It has a powerful search engine that help users find data quickly and easily from any view, a rag status that gives perspective to any major risk area, intelligent dates that change color as deadlines approach, and the possibility of export any view in any range of formats. With gatekeeper, users won’t ever miss another contract renewal. They can get automated reminders for contract renewals to make informed business decisions and on their own terms. In that way, they are taking back control from suppliers and maximizing…
Seamless integration
Enterprise grade security
Multi-currency support
Unlimited storage
Powerful user management
Full searchable trail audit
Document Managemnt System
Customization of the system
Intelligent interfaces
RAG (Red-amber-green)
Can book a demo
30-Day Free Trial
Starter (Paid annually): It includes 150 Suppliers and 150 Contracts.
$450 a month
Pro (Paid annually): It includes 500 Suppliers and 500 Contracts.
$1050 a month
Enterprise (Paid annually): It includes 1000 Suppliers and 1000 Contracts.
From $2450 a month
You may like to read: Top Free Contract Management Software and How to Select the Best Contract Lifecycle Management Software for Your Business
What is Contract lifecycle management?
Contract lifecycle management is the process of controlling, coordinating, and streamlining all stages in the contract lifecycle . CLM helps companies optimize contract performance, especially in procurement and sales. The tools of contact lifecycle management enable CFOs to reduce costs, more accurately forecast revenue, and improve Sarbanes-Oxley compliance.
What are Contract Lifecycle Management Software?
Contract Life Management Software is a system designed to automate the management of contract among business, buyers, and suppliers. The software manages the entire lifecycle of a contract starting from the request of the proposal to the negotiations.
What are the Top Contract Lifecycle Management Software?
PandaDoc, Kira, Ivalua, eBrevia Contract Analyzer, Coupa, Seal's Contract Discovery software, Fullstep Suite, SMART by GEP, CLM Matrix, Ultria, SAP Sourcing and SAP Contract Lifecycle Management, OpenText Contract Management, Oracle Procurement Cloud, Parley Pro, SAP Ariba, Apttus, Contract Insight Software, IBM Emptoris, Symfact, Optimus BT's eContract, Gimmal, Concord, SpringCM, Lextree, Novatus, ContractWorks, ContractRoom, Agiloft, CallidusCloud CLM, Newgen Provider Contract Manager, ContractSafe, Corridor CLM, MochaDocs, Vortal, Gatekeeper are some of the examples of best Contract Lifecycle Management Software.
ADDITIONAL INFORMATION
Very cool article. I work at Zeal Docs and we are a CLM startup. At each trial, we can see the need of companies to develop this field. The cost is very high when you don’t have a good contract management since many companies miss deadlines and even lose customers due to the delay in generating contracts. The purpose of CLMs is not only for organization but also for understanding what is the workflow of each area in relation to contracts, and from there it is possible to discover needs that were previously unseen or even neglected.