- 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
SafetyCulture (iAuditor)
Why use SafetyCulture?
SafetyCulture allows companies to efficiently manage the entire contract lifecycle in one place. store, sign, and review contracts safely. The platform transforms manual, paper-based methods into digitized workflows and templates,, saving large enterprises time and effort in processing heaps of documents on a daily basis… With this digital solution, managers have all the tools they’ll need to stay on top of all contract management activities on a single platform, allowing for a more efficient workflow.
Features:
- Gain insight into all contract lifecycle activities, milestones, and pending actions in a single dashboard
- Expedite the revision and approval of contracts in a collaborative digital workspace with document version controls and time-stamped electronic signatures
- Easily locate the files you need within a secure cloud-based document library
- Protect confidential contracts and documents from unauthorized use by limiting who can access the files
- Review contracts in a consistent, thorough, and systematic manner using pre-built checklists
Why use Agiloft?
Agiloft is specifically designed for contract management, making it a great fit for large organizations with complex contract management needs. It offers robust features to automate contract workflows, enhance compliance, and improve overall efficiency.
Features:
- Contract authoring and negotiation
- Workflow automation
- AI-driven contract analysis
- Free Version: Yes
- Pricing: Contact vendor for pricing
- Platforms supported: Web, PC
Why use ContractWorks?
ContractWorks allows companies to manage and review their contracts on the cloud, eliminating the need for paper documents. That way, sharing data and reviewing contracts remotely is easier for managers.
Features:
- Smart document tagging
- Date tracking and reminders
- Audit log report
- Free Version: None
- Pricing: Starts at $700/month, billed annually (with a free trial period)
- Platforms supported: Web
Why use Contract Logix?
Contract Logix is a simple and easy-to-use platform that organizations of all sizes use. It provides a comprehensive set of features to streamline contract processes, enhance collaboration, and reduce risk.
Features:
- Approval workflows
- AI-powered data extraction
- Compliance monitoring
- Free Version: None
- Pricing: Starts at $59/month
- Platforms supported: Web, PC
Why use Coupa?
Coupa is a business management tool that allows companies to monitor and manage a contract’s full life cycle. With features like automated contract creation, approval workflows, and centralized document storage, Coupa helps ensure compliance and efficiency.
Features:
- Accelerated contract drafting
- Contract milestone alerts and tracking
- Powerful workflows
- Free Version: None
- Pricing: Contact vendor for pricing
- Platforms supported: Web
Why use Cobblestone Contract Insight?
Cobblestone Contract Insight makes it easy to manage contracts and keep track of all the factors at play when negotiating and reviewing them. It provides robust features to automate contract processes, improve compliance, and mitigate risks effectively.
Features:
- Workflow automation
- Compliance tracking
- Reporting and analytics
- Free Version: None
- Pricing: Contact vendor for pricing
- Platforms supported: Web, PC, iOS, Android
Why use Contractbook?
This platform is designed for organizations to store and manage contracts safely. That way, you won’t need to go through tons of paper documents when reviewing or looking for contracts. This platform exceeds at reducing manual effort and ensuring accuracy in contract processes.
Features:
- Pre-built templates with e-signatures
- Real-time collaboration
- Analytics
- Free Version: None
- Pricing: Available upon request
- Platforms supported: Web
Why use Contract Hound?
Contract Hound is a straightforward and simple contract management software ideal for businesses of different sizes. It allows managers to add users to the platform without major changes, which is why it’s one of the easiest contract management platforms available today.
Features:
- Document database with quick search function
- Reminders and notifications
- User roles and access control
- Free Version: None
- Pricing: Starts at $95/month (with a free 14-day trial period)
- Platforms supported: Web
Why use DocuSign?
Signing contracts electronically is a huge boost for efficiency and productivity, which is exactly what DocuSign excels at. With its easy and simple-to-use interface, DocuSign allows you to bring your contracts into the digital world, saving a lot of time and effort.
Features:
- Customizable templates
- Document storage
- Multi-party signing with mobile signature capture
- Free Version: None
- Pricing: Starts at $10/month (with a free 30-day trial period)
- Platforms supported: Web, iOS, Android
What is Enterprise Contract Management Software?
Enterprise contract management software is a platform where managers can draft, review, revise, sign, and store contracts. These platforms eliminate the need for manual storage and printing of various copies. They bring the contract management process into the digital world with checklists for reviewing contracts, templates for drafting contracts, and even electronic signature capabilities. These software options are a major help when simplifying the contract management process and boosting overall efficiency, which is why more and more businesses are adopting these tools.
Importance
Enterprise contract management software is crucial for streamlining and centralizing the entire contract lifecycle, from creation to execution and renewal. This technology enhances efficiency by automating repetitive tasks, reducing errors, and ensuring compliance with regulatory requirements. It provides a centralized repository for all contracts, facilitating easy access and searchability, thereby minimizing the risk of contractual oversights.
These platforms also enable better collaboration among team members, enhance negotiation processes, and provide valuable insights through analytics. With the help of this solution, large organizations can improve overall contract management, mitigate potential legal risks, and maximize the value derived from business agreements.
Key Features
It’s best to choose contract management software based on the features your company needs to effectively review and manage contracts. However, there are certain key features that the software must have to be able to do its job properly. These features include:
- Checklists and templates for reviewing and drafting contracts
- Electronic signatures
- Safe and secure data sharing and storage
- Reporting and analytics
- Automated workflows for repetitive tasks
Choosing the Right Software
Here’s a breakdown of the software featured above to make it easier for you to choose the best fit.
| App Name | Free Version | Paid Plan | Mobile App |
| SafetyCulture | Yes | $24/user/month* | Yes |
| Agiloft | Yes | Contact vendor for pricing | No |
| ContractWorks | No | $700/month* | No |
| Contract Logix | No | $59/month | No |
| Coupa | No | Contact vendor for pricing | No |
| Cobblestone Contract Insight | No | Contact vendor for pricing | Yes |
| Contractbook | No | Contact vendor for pricing | No |
| Contract Hound | No | $95/month | Yes |
| DocuSign | No | $10/month | Yes |
* billed annually
