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Published 2 May 2023
Free version: Available for teams of up to 10
Pricing: Premium plan $24/month (with a free 30-day trial period)
Platforms supported: Available on mobile app (iOS and Android) or a web-based software
Why use SafetyCulture?
SafetyCulture developed the best contract management software because of its comprehensive suite of applications that help businesses create, organize, and enforce contracts with their workers and partners. With this system in place, everyone adheres to policies and procedures established, creating a safe, healthy, and productive environment.
Features:
Why use ContractWorks?
Created by Onit, ContractWorks increases contract visibility, reduces risks, and reminds managers of renewal dates. Among all contract lifecycle management software in the market today, this is one of the easiest to set up and use.
Free version: None
Pricing: Standard plan costs $700 per month for an unlimited number of users and five e-signatures (with a free trial)
Platforms supported: Web
Why use Agiloft?
Highly rated by their clients and credible review sites, Agiloft is one of the best contract management software because they have specific modules for sales, procurement, and legal operations, helping businesses organize their tasks better.
Pricing: Quote-based plan
Platforms supported: Web, iOS, Android
Why use DocuSign?
DocuSign enables businesses to fully digitize their documents, replacing traditional methods, such as printing, scanning, and faxing in business transactions. It is one of the simplest and most affordable digital solutions for managing contracts.
Free version: Yes. The free version provides basic applications to users.
Pricing: Starts at $10 per month for personal use, billed annually (with a 30-day free trial)
Why use DocuCollab?
DocuCollab is not just an effective contract lifecycle management software, thanks to its cache of applications. It also has a proposal management feature, helping small and mid-sized enterprises win more clients.
Pricing: Not indicated on the website, provided after registration (with a free trial)
Why use Contract Hound?
Contract Hound offers one of the most straightforward systems for contract management. But on top of the salient software features, their clients favor the fact that they can add users without any additional charge.
Pricing: $95 per month for unlimited users (with a free trial)
Why use Contractbook?
This highly-rated digital system simplifies the workflow from contract creation with e-signature to renewals and negotiations. Its basic features enable managers to spend less time on paperwork and focus more on their people, partners, and operations.
Pricing: Available upon request
Contract management software is a digital tool vital to all companies across industries. This allows organizations to draw up, store, and carry out contracts throughout their lifecycle. The importance of contracts in any business cannot be overstated. While many would not disagree with that statement, ensuring adherence to written agreements is a different matter. This IT solution ensures a good working relationship among stakeholders and improves productivity for all.
Astute entrepreneurs understand that ineffective contracts can cost businesses valuable time, resources, and money. Although you already have a team tasked to create and handle these documents, using contract management software is not gratuitous at all.
As your business grows more complex, leaders should figure out how to streamline the processes for more productivity. Finding an all-in-one solution is imperative, but make sure that it has the following:
Contracts are indispensable, which is why it pays to have the best contract management software in place. Here’s another look at the highest-rated ones of 2023:
* billed annually
Eunice Arcilla Caburao
Eunice is a content contributor for SafetyCulture. A registered nurse, theater stage manager, Ultimate Frisbee athlete, and mother, Eunice has written a multitude of topics for over a decade now.
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