Best Contract Management Software

Contract management software is used to streamline the contract lifecycle process. Professionals, such as salespeople or account reps, who are involved in the negotiation side of contracting are tasked with defining terms and service level agreements, ensuring compliance, monitoring risk, amending agreements, and executing contracts. Legal departments on both sides of a deal participate in the contracting process to ensure compliance with laws and regulations, as well as with internal company rules. Contract management software simplifies these processes by allowing users to create, store, manage, redline, and share complex business contracts. Contract management software typically fits into a portfolio of tools used to handle overall vendor or contractor relationships and commonly integrates with CRM software, quote management software, accounting software, and e-signature software.

To qualify for inclusion in the Contract Management category, a product must:

  • Include a repository of documents which can be stored in different categories for each type of contract
  • Offer templates which can be customized by the users involved in the creation of business contracts
  • Provide the ability to easily create, edit, share, and collaborate on contracts internally (with other employees) and externally (with customers or partners)
  • Comply with business legal requirements as well as with the internal business rules of the parties involved in the contract
  • Notify users when changes are required based on business rules, and include approval workflows to finalize contracts
  • Track and monitor the contract creation and delivery process, and allow users to estimate the efficiency of the process and find ways to improve it
  • Manage the entire contract lifecycle
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    Replace the FastDue branding with your own. Autofill frequently used line items. Create or save documents as templates.

    Forms InMotion centralizes all of your pdf and html forms, making them accessible on any device at any time and keeping them connected to your most important data sources. This is your enterprise at full speed.

    Rent the FULLSTEP negotiation platform for one or several sourcing events, with minimal engagement and maximum profitability.

    Gimmal is a contract management tool that manages and controls contracts across an organization.

    Contract Advantage from Great Minds Software provides a contract management tool that gives enterprises the ability to customize nearly every management aspect of the complex contract lifecycle.

    Newgen Provider Contract Manager helps Health Plans develop a centralized and fully automated system to process and manage contracts and all subsequent requests. Built on Newgens advanced Enterprise Content Management (ECM) and Business Process Management (BPM) systems, it delivers speed and accuracy across the contract lifecycle.

    Heretik is a lightweight, deployable contract review application that seamlessly integrates into your RelativityHQ instance.

    Infor Contract Lifecycle Management (CLM) improves the creation, negotiation, execution, and management of contracts throughout their development. The application treats key terms, conditions, and clauses as attributes and provides insights on those elements.

    IntelliContract is contract management software for healthcare organizations.

    Ironclad combines contract management and workflow automation into a single platform to create a true system of record for contracts. Simple to use and implement, Ironclad seamlessly integrates with CRM, storage, and e-signature providers—all while extracting the valuable metadata your legal team needs to succeed.

    THE PROCUREMENT EMPOWERMENT PLATFORM Ivalua’s Platform is uniquely designed for agility, performance, and scale. Built on a single code base and data model leveraging a configurable cloud infrastructure it fundamentally alters what Procurement & Supply Chain leaders can achieve. Unmatched flexibility -Best-in-class is not one-size-fits-all. -Easy configuration is a core principle of the Ivalua platform. -Meet your users’ needs, from custom UI and workflows to new forms and fields. -Collaborate with suppliers and other stakeholders by tailoring processes to their needs. Welcome to the Configurable Cloud The Ivalua Platform is built on a configurable cloud. An industry leading cloud environment that allows you to scale up or down and be assured of the highest security and performance standards, no matter where or what device.

    Juro is an AI-enabled contract management platform designed to support the entire lifecycle of legal contracts from generation to negotiation, e-signature and analytics.

    Kira is advanced, award-winning machine learning software that excels at searching and analyzing text in contracts. We originally developed Kira for contract review in M&A due diligence, where lawyers review hundreds or thousands of third-party contracts that are not already organized and might be in any number of file formats. Our customers quickly discovered that Kira can just as easily be deployed in a wide variety of applications, whenever rapid and accurate search analysis of contracts is required. This is possible because Kira’s machine learning tool, Quick Study, makes it easy to teach Kira to identify virtually any needed provision from any contract. Now, Kira Systems customers use Kira for contract obligation management, contracting simplification, cost recovery, compliance and other use cases where visibility into contract provisions is critical. Kira’s customers include some of the world’s largest corporations and professional services organizations including firms from the AmLaw 100, Chambers Band 1, and Big Four.

    Komtrakt is a contract management tool. It is designed with a simple user interface and is built with fully automated features, making contracts more simple and easy to use.

    LawGeex is contract management software for law firms.

    PracticeLeague Contract Lifecycle Management is an integrated and sophisticated off-the-shelf solution that has evolved extensively with market feedback and adopted to the fast changing dynamics of the market-demand to become a fluidic, feature-rich platform that can completely transform and streamline your contracting process.

    Lextree from Berkman Solutions is the clear solutions for legal data, dates, and documents. For over a decade, we have provided professionals and business leaders all over the world with exceptional legal technology solutions. Lextree includes solutions for legal entity management, board meetings and minutes, and contract management.

    With Ligo’s powerful contract management software you gain control over your contracts. Terminate or negotiate agreements on time and never lose a contract anymore.

    Liveoak makes it easy for financial institutions to engage with remote customers. Its secure, digital conferencing platform provides the tools that financial institutions need to successfully onboard new accounts, transact business and meet facetoface with remote customers.

    MaxAgreement is a contract management software designed to provide an environment where businesses can manage sales agreements, contracts, NDAs, property management agreements and management services agreements.

    Mediatrack eliminates the need for paper contracts completely. When the client reviews their booking via Mediatrack online and accepts the booking all booking details including reference numbers, dates of issue, ad size, price, position, costs and conditions are automatically transferred to production layouts.

    MediTracts enterprise contract lifecycle management solution drives compliance and efficiency within healthcare organizations.

    Metridea Enterprise Contracts is a scalable, browser based application with a simple, intuitive user interface allowing easy contract creation, management, and reporting

    Connect anybody in the Organisation to essential data so that you control and automate processes.

    Mochadocs is on a mission to replace the world’s annoying contract management tools with solutions that people love. Mochadocs contract management platform is the most powerful and comprehensive contract management solution available, putting the management of contracts into the hands of any business. We love to simplify contract management. We serve companies located in more than 50 countries.

    Model N CLM is a leading-edge multi-tenant SaaS contract management platform that delivers speed, security and scale for rapid enterprise-wide adoption and usability.

    Revvy Contract Lifecycle Management (CLM) is an enterprise-grade, Salesforce-native solution that enables organizations to create and manage all types of sell-side contracts, including sales contracts, service contracts, NDAs, SOWs, and more, in one place. Revvy CLM makes creating and managing contracts faster and more effective via an integrated process that spans across the entire contract lifecycle, from contract authoring to negotiations to execution. As a result, sale reps have more time to increase pipeline coverage, maximize revenues by closing deals faster, and delight their customers by making the contracting process faster and easier. Revvy CLM also reduces risk and increases compliance by reducing errors, ensuring use of standard contract language, and providing a secure and searchable "single source of truth" for all contracts.

    Revvy Contract Management is an enterprise-grade, Salesforce-native solution that enables organizations to create and manage all types of sell-side contracts (e.g. sales contracts, service contracts, NDAs, SOWs, etc.) in one place.

    With negPOINT you can create tenders and auctions easily and quickly. This enables you to record and store offers from your suppliers in standardized form online.

    Novatus provides cloud-based contract management software that helps manage, negotiate and administer contractual agreements.

    It is possible to archive the contract documents, manage the contract metadata, classify and categorize the contracts and link frame and sub agreements. By using the Sourcing Contract Management you can ensure that the data is up to date and available to all authorized users. It is possible to give different user rights to different users based on the customers needs.

    Onit Contract Administration and Contract Review & Approval are two separate apps that combined provide a flexible and customizable foundation on which companies can build their own contract management system.

    A real time contracts register, searchable database & multi-tiered contract management facility

    Optimus BT's eContract software integrates with Microsoft Office 365 and Microsoft SharePoint and enables companies to keep track of complex business contracts.

    Origin Systems has created an SaaS contract management system that easy to use. Focused on small to medium-sized businesses, it also delivers enterprise capabilities. The primary value is to eliminate time, resources, and counsel fees when managing all aspects of your contracts and documents and to significantly reduce legal fees.

    otris contract is a web-based solution for contract management and administration.

    Paperless Online is a webbased document management solution which enables users to create custom forms and document, capture electronic signatures, and more.

    PaperTracer automates workflows by integrating paper and digital documents into a centralized database for your contract or document management. Its tracking and reporting capabilities simplify audit procedures to support management and regulatory compliance requirements for your workflow processes.

    Pims Contract Management is an enterprise solution for complete Contract Lifecycle Management. Pre and Post award functionality is available and includes tender document and contract document creation, workflow and task management, contract repository, vendor performance management, email notifications and support of associated financial processes. Web based, with both On Demand (web, subscription, single instance of software on a hosted server) and perpetual license models available.

    Poseidon is a contract management software that allows clients to design solutions that meet the entire organization's contract management challenges.

    Newgen Provider Contract Manager helps Health Plans develop a centralized and automated system to process and manage contracts and all subsequent requests. Built on Newgens advanced Enterprise Content Management (ECM) and Business Process Management (BPM) systems, it delivers speed and accuracy across the contract lifecycle.

    QuestDesk Solutions is a customizable contract management system on the market. It provides a centralized, searchable repository with workflows, email alerts, PDF contract generation and reports that address even approval processes.

    Our contract management software provides one-click contract creation, ensures complete compliance with Sarbanes-Oxley, limits risk, and reduces the need for manual document collection.

    TPS can provide you with the necessary support, software and process improvements to make your IT system more effective and reliable.

    R3 Contract Management is a practical, and flexible software solution designed specifically for small to mid-size federal government contractors. It runs on top of Microsoft SharePoint and makes it easy to find, manage, and update the contracts and all the data and documents associated with them.

    R3 provides a suite of business software solutions that are purpose-built for Federal Government Contractors (�GovCon�). Our software helps you Win more government RFPs and Task Orders, Deliver the business more successfully, and better Manage contracts, subcontracts and supporting activities across the organization.

    REACH is an award-winning enterprise-class remote transaction platform that reinvents the digital customer experience. REACH's proprietary technology bridges the gap between businesses and their customers in the digital world. We help businesses connect with their remote customers in real-time, efficiently, conveniently and securely, without losing the human touch. Our solution enables businesses to verify their customers' identity, communicate and collaborate, simplify documentation signing and streamline sales and complex transactional procedures. A brief video of REACH in action can be seen here: REACH’s platform is being used by over 100 Enterprises and SMBs from various industries and verticals, including many Fortune 500 companies. The results are higher conversion rates, faster processes, reduced legal risk and an overall boost in user experience.

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