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Contract Management Software

Contract Management software automates the creation, tracking, and monitoring of contracts and agreements. Contract Management software also allows for the company-wide sharing of contract documents and management of differing document versions. These contract management applications often provide top-down control and monitoring of contract status, key dates, and personnel responsibilities. Contract Management software is related to Customer Relationship Management software.

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User-friendly contract software with AI and easy setup. Pricing starts at $59/month/user. Thousands of users worldwide Learn more about CobbleStone Contract Insight
CobbleStone Contract Insight Contract Management Software is an Enterprise CLM system selected by thousands of contract admin, legal, and procurement professionals. Contract Insight is backed by artificial intelligence and can automate and streamline the entire contract lifecycle with user-friendly features and administration. Take the stress out of contracts with CobbleStone. Hosted/SaaS & Deployed options. Starting @ $59/month/user, click to learn more. Learn more about CobbleStone Contract Insight

Features

  • Workflow Management
  • Completion Tracking
  • Full Text Search
  • Pre-built Templates
  • Compliance Tracking
  • Version Control
  • Contact Management
  • Document Storage
  • Digital Signature
The AI-enabled contract automation platform enabling legal & business teams to create, execute & manage contracts faster than ever. Learn more about Juro
The AI-enabled contract automation platform enabling legal & business teams to create, execute & manage contracts faster than ever. Automate the entire contract lifecycle from initiation through to renewal all within a secure, browser-native environment. Deep integrations help teams initiate and manage contracts from tools they already use, ensuring wide adoption, data integrity, and faster closing times. Juro’s AI Assistant enables users to draft, review and summarize contracts 90% faster. Learn more about Juro

Features

  • Workflow Management
  • Completion Tracking
  • Full Text Search
  • Pre-built Templates
  • Compliance Tracking
  • Version Control
  • Contact Management
  • Document Storage
  • Digital Signature
Docusign is changing how business gets done by empowering anyone to transact anytime, anywhere, on any device with trust and confidence
Docusign is changing how business gets done by empowering more than 250,000 companies and more than 100 million users in 188 countries to send, sign and manage agreements anytime, anywhere, on any device with trust and confidence. Docusign replaces printing, faxing, scanning and overnighting paper documents to transact business. Their technology enables organizations of every size, industry and geography to make every agreement fully digital to keep life and business moving forward. Learn more about DocuSign

Features

  • Workflow Management
  • Completion Tracking
  • Full Text Search
  • Pre-built Templates
  • Compliance Tracking
  • Version Control
  • Contact Management
  • Document Storage
  • Digital Signature
Create, share, and e-sign documents in minutes using Jotform Sign. Automate your workflow with legally binding documents.
Jotform Sign is the automated e-signature experience designed to streamline your workflow. With field detection, an intuitive builder, and integrations with great automation tools, Jotform Sign is the most efficient way to collect e-signatures. Learn more about Jotform

Features

  • Workflow Management
  • Completion Tracking
  • Full Text Search
  • Pre-built Templates
  • Compliance Tracking
  • Version Control
  • Contact Management
  • Document Storage
  • Digital Signature
Adobe Acrobat Sign helps teams manage contract lifecycles by reducing errors and manual work which saves them time and money.
Adobe Acrobat Sign helps teams manage contract lifecycles by reducing errors and manual work which saves them time and money. Acrobat Sign offers tools to assist with contract management like workflows to automate agreements, templates to reduce mistakes, and user group management for clean assignment and permissions. It integrates seamlessly with Workday, Salesforce, and Microsoft so employees can continue to work in systems they already use. Learn more about Adobe Acrobat Sign

Features

  • Workflow Management
  • Completion Tracking
  • Full Text Search
  • Pre-built Templates
  • Compliance Tracking
  • Version Control
  • Contact Management
  • Document Storage
  • Digital Signature
PandaDoc is an all-in-one tool to create, edit, send, track, and eSign Contracts and other business documents quickly and easily.
PandaDoc is an all-in-one tool to create, edit, track, and eSign contracts quickly and easily. Discover a better way to generate professional-looking agreements. Win more deals with unlimited eSignatures, reusable templates, in-app editing, CRM integration, APIs, and 24/7 live human support. Our average user creates a contract in under 4 min and reports a 20% increase in closed rates. Join 50,000 businesses that automate contract management, speed up the pipeline, and win more deals! Learn more about PandaDoc

Features

  • Workflow Management
  • Completion Tracking
  • Full Text Search
  • Pre-built Templates
  • Compliance Tracking
  • Version Control
  • Contact Management
  • Document Storage
  • Digital Signature
Save time recording bills, scanning contracts, and approving documents. Avoid risks, go paperless, and increase ROI with Odoo Sign.
Improve hiring processes, reduce sales cycles, and keep track of all contracts, with Odoo¿s easy-to-use, fully integrated eSignature solution. Odoo Sign is a fast, convenient way to send, sign, and approve documents. Users can quickly prepare clean, polished contracts by simply dragging & dropping blocks to be completed by the parties involved, submit signature requests in just seconds, carefully track the status of sent contracts, and upload important PDF files with ease - thanks to Odoo Sign. Learn more about Odoo

Features

  • Workflow Management
  • Completion Tracking
  • Full Text Search
  • Pre-built Templates
  • Compliance Tracking
  • Version Control
  • Contact Management
  • Document Storage
  • Digital Signature
CaptivateIQ helps reps focus on selling with compensation tools that boost motivation, simplify collaboration, and raise productivity.
CaptivateIQ is the agile commission solution that empowers companies to confidently run effective incentive compensation programs. With CaptivateIQ’s Plan Management, companies can streamline workflows for populating, sending, and tracking compensation letters. Sales teams have easy access to their letters at any time within the platform so they can better understand their compensation and stay motivated. Learn more about CaptivateIQ

Features

  • Workflow Management
  • Completion Tracking
  • Full Text Search
  • Pre-built Templates
  • Compliance Tracking
  • Version Control
  • Contact Management
  • Document Storage
  • Digital Signature
Jira Service Management is an ITSM software that unlocks high-velocity teams to deliver great service experiences fast and together.
Jira Service Management is an ITSM solution that unlocks high-velocity IT, dev, operations, and business teams. Empowered teams can deliver great service experiences, without the complexity of traditional ITSM, and coordinate efforts for even more impact through Jira’s open collaborative platform. Streamlined workflows, automation rules, queues, SLAs, and a self-service portal all empower IT, dev, operations, and business teams to deliver exceptional service management at scale with no silos. Learn more about JIRA Service Management

Features

  • Workflow Management
  • Completion Tracking
  • Full Text Search
  • Pre-built Templates
  • Compliance Tracking
  • Version Control
  • Contact Management
  • Document Storage
  • Digital Signature
Everything you need to manage contracts, clients, proposals, contracts, payments, and more. Start your 7 day free trial today.
Contract management for independent professionals—that's HoneyBook. HoneyBook makes it easy to manage contracts, book clients, streamline projects, and get paid all in one place. With proposals, invoices, contracts, payments, and scheduling at your fingertips, you have everything you need to give clients a great experience. Start your 7 day free trial today. Learn more about HoneyBook

Features

  • Workflow Management
  • Completion Tracking
  • Full Text Search
  • Pre-built Templates
  • Compliance Tracking
  • Version Control
  • Contact Management
  • Document Storage
  • Digital Signature
Online ITSM Service Desk with Incident, Problem, Change, Release & Asset Management, in addition to powerful ticketing & automation
Freshservice is an intelligent, right-sized ITSM solution that delivers exceptional employee experiences with an intuitive, scalable, no-code solution. With its state-of-the-art AI and ML capabilities, Freshservice helps organizations ease an IT agents workload and improve their productivity by automating mundane tasks. In addition to its AI capabilities, Freshservice is flexible and scalable enough to be used by both: companies relying on legacy systems and modern enterprises. Learn more about Freshservice

Features

  • Workflow Management
  • Completion Tracking
  • Full Text Search
  • Pre-built Templates
  • Compliance Tracking
  • Version Control
  • Contact Management
  • Document Storage
  • Digital Signature
It’s the entire, global employee lifecycle, managed from a single, easy-to-use interface.
Deel is the all-in-one HR platform built to hire, manage and grow global teams. By bringing together cutting edge HR tools, payroll solutions, compliance and more, Deel enables companies to scale globally with unmatched speed and flexibility. With Deel, you can hire and onboard any type of employee, compliantly, in 150+ countries in minutes. You can run payroll in 100+ countries and all 50 states in a click of a button. You can offer competitive benefits, equity, manage equipment and more. Learn more about Deel

Features

  • Workflow Management
  • Completion Tracking
  • Full Text Search
  • Pre-built Templates
  • Compliance Tracking
  • Version Control
  • Contact Management
  • Document Storage
  • Digital Signature
Smart, seamless freelancer tools to build, manage, and grow your business from proposal to payment. Focus on the work you love!
Fiverr Workspace (formerly AND.CO) is a business management software designed to help freelancers, solopreneurs, entrepreneurs, studios and so on, save time on running their business. With its entire suite of features, Fiverr Workspace solves many of the problems that plague the modern freelancer. Its your one-stop-app for proposals, contracts, projects, time tracking, invoicing, scheduled invoicing, payments, recurring payments, task management, income & expense tracking and reporting. Learn more about Fiverr Workspace

Features

  • Workflow Management
  • Completion Tracking
  • Full Text Search
  • Pre-built Templates
  • Compliance Tracking
  • Version Control
  • Contact Management
  • Document Storage
  • Digital Signature
#1 Adobe® Acrobat® alternative: PDFelement is your all-in-one PDF solution. Create, edit, convert, and esign PDF files in a better way.
PDFelement is a one-stop PDF solution powered by AI. Fast, smart, affordable, and easy way to manage (.pdf) documents across desktop, mobile, and web. It provides a great user experience and is an excellent alternative to Adobe® Acrobat®, making it perfect for individuals and small businesses. The mission is to stay at the forefront of PDF technology, constantly innovating and improving our product to meet the evolving needs of our users. Learn more about PDFelement

Features

  • Workflow Management
  • Completion Tracking
  • Full Text Search
  • Pre-built Templates
  • Compliance Tracking
  • Version Control
  • Contact Management
  • Document Storage
  • Digital Signature
Agiled is an all-in-one software that helps small businesses manage CRM, finance, projects, and documents in one integrated platform.
Agiled is an all-in-one business management software that helps users manage CRM, projects, documents, finance, and more from one centralized platform. The software offers contact management, deal tracking, invoicing, contract building, task management, and automation workflows to streamline business operations. Learn more about Agiled

Features

  • Workflow Management
  • Completion Tracking
  • Full Text Search
  • Pre-built Templates
  • Compliance Tracking
  • Version Control
  • Contact Management
  • Document Storage
  • Digital Signature
Quickbase is a no-code collaborative work management platform that empowers citizen developers to improve operations through real-time
Big ideas aren’t simple to execute. So we’re here to help you tackle any project, no matter how complex. We’re Quickbase. Quickbase helps customers see, connect and control complex projects that reshape our world. Whether it’s raising a skyscraper or coordinating vaccine rollouts, the no-code software platform allows business users to custom fit solutions to the way they work – using information from across the systems they already have. Learn more about Quickbase

Features

  • Workflow Management
  • Completion Tracking
  • Full Text Search
  • Pre-built Templates
  • Compliance Tracking
  • Version Control
  • Contact Management
  • Document Storage
  • Digital Signature
Maintenance Connection is a multi-site, multi-industry CMMS/EAM that helps businesses avoid asset failure and reduce downtime.
Accruent's Maintenance Connection is a market-leader CMMS / EAM that helps maintenance teams transition from reactive to preventive asset maintenance, avoid asset failure, reduce downtime, and streamline multi-site operations. Maintenance Connection is built to be scalable for any organization, offering extensive flexibility and configurability that ensure deep functionality across major industries. Learn more about Maintenance Connection

Features

  • Workflow Management
  • Completion Tracking
  • Full Text Search
  • Pre-built Templates
  • Compliance Tracking
  • Version Control
  • Contact Management
  • Document Storage
  • Digital Signature
Streamline contract management with Proposify. Automate workflows, ensure accuracy and speed up closures for better control.
Proposify streamlines your contract management process, making it easier to create, send, and manage all your contracts in one place. Ensure accuracy and consistency across all agreements, with automated workflows that speed up approvals and signatures. Gain insights into contract performance, track versions, and maintain compliance effortlessly. Empower your team with a centralized system for better control and faster closures, enhancing your overall contract lifecycle management. Learn more about Proposify

Features

  • Workflow Management
  • Completion Tracking
  • Full Text Search
  • Pre-built Templates
  • Compliance Tracking
  • Version Control
  • Contact Management
  • Document Storage
  • Digital Signature
Allows contractors to post projects, send bid invites, share information with subcontractors and manage multiple team members
PlanHub is free construction plan room and bid management software that allows general contractors to post projects, send bid invites, share information with subcontractors, suppliers, and vendor. There is no limit on the number of users per company. Subcontractors can register for free and start on a free trial to view projects, download project specs, and submit a bid. After the free trial ends, the user can choose to go on a PlanHub Basic Plan, or upgrade to PlanHub Premier. Learn more about PlanHub

Features

  • Workflow Management
  • Completion Tracking
  • Full Text Search
  • Pre-built Templates
  • Compliance Tracking
  • Version Control
  • Contact Management
  • Document Storage
  • Digital Signature
The #1 platform for digital project delivery and controls that connects teams to build the world. Trusted by 5+ million users globally
Owners and delivery teams trust Oracle Aconex for visibility, control, reduced risk, and connected teams. Drive efficiency in design and construction coordination, project controls and cost management, document management, and field management. Get fast time to value with construction management software that is easy to use and deploys in days. Learn more about Oracle Aconex

Features

  • Workflow Management
  • Completion Tracking
  • Full Text Search
  • Pre-built Templates
  • Compliance Tracking
  • Version Control
  • Contact Management
  • Document Storage
  • Digital Signature
Concord makes it effortless to draft, negotiate, sign, manage, and organize contracts.
Concord is the only contract management tool you'll ever need. Draft, negotiate, sign, and manage every contract across your organization - all in one effortless app. Collaborate with teams, customers, and vendors. Work in real time on live docs, or import your Word and PDF contracts. See why 500,000+ companies trust Concord CLM. Get started in minutes, for free. Learn more about Concord

Features

  • Workflow Management
  • Completion Tracking
  • Full Text Search
  • Pre-built Templates
  • Compliance Tracking
  • Version Control
  • Contact Management
  • Document Storage
  • Digital Signature
Simple, secure and fast electronic document signing from the UK's leading eSignature software provider. Try Signable FREE today!
Signable is the UK’s leading electronic signature software provider. Used by thousands of businesses across the UK, US, Europe and beyond to get documents signed quickly, securely and legally. With no hidden costs and straightforward, flexible pricing Signable has a plan to suit every business. Whether you need to send just a few documents or thousands every month, we can help. Sign up for a free 14 day trial today and get started in less than 60 seconds! Learn more about Signable

Features

  • Workflow Management
  • Completion Tracking
  • Full Text Search
  • Pre-built Templates
  • Compliance Tracking
  • Version Control
  • Contact Management
  • Document Storage
  • Digital Signature
Knowledge work automation platform that enables you to find information faster, work smarter, and achieve more.
M-Files is the leading platform for knowledge work automation. With the M-Files platform, knowledge workers can find information faster, work smarter, and achieve more. M-Files features an innovative metadata-driven architecture, embedded workflow engine, and advanced artificial intelligence. This enables customers to eliminate information chaos, improve process efficiency, and automate security and compliance. For more information, visit www.m-files.com. Learn more about M-Files

Features

  • Workflow Management
  • Completion Tracking
  • Full Text Search
  • Pre-built Templates
  • Compliance Tracking
  • Version Control
  • Contact Management
  • Document Storage
  • Digital Signature
Award-winning enterprise work management software for project portfolio management (PPM) and professional services delivery teams.
Planview Clarizen is an award-winning enterprise work management solution for PMOs and professional services delivery teams. Robust project portfolio management (PPM) capabilities enable program managers and service team leaders to gain real-time visibility into work in progress, automate workflows, proactively manage risks, gain delivery confidence, and deliver greater business impact. Planview Clarizen is purpose-built for mid-sized and enterprise PMOs, EPMOs, PSOs, and ESOs. Learn more about Planview AdaptiveWork

Features

  • Workflow Management
  • Completion Tracking
  • Full Text Search
  • Pre-built Templates
  • Compliance Tracking
  • Version Control
  • Contact Management
  • Document Storage
  • Digital Signature
Web based software that empowers businesses to negotiate, create, track, sign, and manage contracts from any device.
Better Proposals is an intuitive, web based contract management solution. Streamline your entire sales process with modern, on-brand digital documents and automate contract generation. Say goodbye to using multiple platforms thanks to its integrations, tracking, analytics, and legally binding eSignatures. Learn more about Better Proposals

Features

  • Workflow Management
  • Completion Tracking
  • Full Text Search
  • Pre-built Templates
  • Compliance Tracking
  • Version Control
  • Contact Management
  • Document Storage
  • Digital Signature

Contract Management Software Buyers Guide

What is contract management software?

Contract management software allows organizations of all sizes and kinds to create, store, and manage contracts throughout their entire lifecycle. These systems help users draft contracts, define terms and conditions, and keep track of critical milestones. A well-organized contract management platform allows businesses to efficiently manage their relationships with vendors, suppliers, employees, and customers as their business grows.

The benefits of contract management software

  • Improved productivity: Drafting contracts is a tedious, time-consuming task that requires editing and legal supervision at each step. Most businesses don't have time to spare, and contract management software can improve contract creation efficiency through pre-built contract templates that can be used with minimal adjustments to meet your business needs. This saves time and effort, and allows businesses to move to the sharing and signing stages in less time.
  • Organized storage: Businesses have to store, manage, and retrieve a lot of contracts, which can be an operational nightmare if you're storing and searching through hard copies. Contract management software eases this burden by storing contracts in a digital, organized repository. Users can search the entire repository with a few keystrokes and clicks, and even filter by name, date, party, region, deal value, and more.
  • Mitigate risks: According to Gartner, 60 to 80% of B2B deals are now managed through contracts. This means that breach of contract or missing deadlines not only results in a loss of revenue, but also damages a brand's image. Other research suggests that ineffective contract management can lead to a loss of up to 9.2% in annual revenue, a significant loss no matter your business size. A well-implemented contract management system helps all stakeholders remain compliant with all agreed-upon terms and conditions, and keep track of key contract milestones/deadlines. These systems can also mitigate unforeseen risks by alerting stakeholders to renew contracts before an expiration date and avoid service interruption.

Typical features of contract management software

  • Contract drafting: Establish the general terms and conditions of a contract.
  • Document management: Manage contracts and related documents in a well-categorized order.
  • Workflow management: Set, assign, execute, and monitor business activities in sequential order.
  • Contract lifecycle management: Manage all workflows involved in the lifecycle of a contract, from drafting to negotiation and signing all the way through expiration or renewal.
  • Completion tracking: Keep tabs on all contract milestones and check whether all terms and conditions have been implemented/completed as per the contract.
  • Full-text search: Search for contracts and related documents (as well as the content within) using a text string.

Considerations when purchasing contract management software

  • Security of contractual data: Contracts are critical assets of any business, making their safety and security paramount for your organization. Most contract management software in the market is cloud-based, meaning it's essential to evaluate the data security standards of any solution you shortlist, as well as the security standards of the software vendor. Evaluate whether the software complies with relevant industry-specific standards, and determine whether the vendor keeps their cloud services up and running with adequate backup and recovery services.
  • Full-text search capabilities, and reporting levels: Advanced contract management solutions should be able to search not only for contracts and related documents but also for content within these documents through full text-based queries. Look for a solution that can analyze contractual data and present relevant insights through an analytics dashboard that not only displays key contractual terms but also tracks deadlines and mission-critical milestones. Ideally, the system should be able to notify users if it identifies any abnormalities in a contract's execution.
  • Artificial intelligence and machine learning will improve contracts: Contract management software vendors have started adding artificial intelligence (AI) and machine learning capabilities to their solutions. AI can analyze the general conditions listed in a draft and come up with smarter clauses and phrases to create stronger contracts. AI can also help improve the searchability of contracts and contractual data when there are thousands of contracts to search through.
  • Contracts are getting more complex than ever before: Businesses are expanding into new geographies, breaking decades-old traditions of business dealing and taking extra steps to close deals. This has increased the demand for more personalized contracts, with diverse contracting models and licensing options. Expect this trend of moving beyond traditional "one-size-fits-all" contracting models to continue.