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Contract Management Software
Contract Management Software automates creation, tracking, and monitoring of contracts and agreements. Contract Lifecycle Management Tools also allow for the company-wide sharing of contract documents and managing differing document versions. Contract Lifecycle Management Software often provides top-down control and monitoring of contract status, key dates, and personnel responsibilities. Contract Management Tools is related to Customer Relationship Management software. Contract Management System boosts efficiency, reduces risks, and enhances control over contracts. Find the best contract management software to streamline and automate the contract lifecycle for your business in India. Read more Read less
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ContractWorks is easy-to-use contract management software with quick implementation, low, transparent pricing, and 24/7 support.
Learn more about ContractWorks
ContractWorks contract management software makes executing, storing, and tracking corporate agreements easier. With quick implementation, an easy-to-use interface, and low, transparent pricing starting at $700/month for unlimited users, ContractWorks makes contract management software accessible to businesses of all sizes. In addition to these features, you get a dedicated support team to help your business get the most out of your contract portfolio.
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management Software
- Team Collaboration
Local product
Offers latest technologies in Document and Content Management System for a complete Paperless office & process automation.
Learn more about dMACQ DMS
Offers latest technologies in Document and Content Management System for a complete Paperless office & process automation. dMACQ DMS offers secure VAPT certified records and document management system. Application includes intuitive user interface, several features including auto-indexing, bulk operations, several front-end report configurations to suite your organisations need. We dont limit users need for metadata field or categories. APIs exposed - mobile App ready.
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Features
- Electronic Signature
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- Full Text Search
- Version Control
- Workflow Management Software
- Team Collaboration
Powerful and easy-to-use contract management solution that puts all of your contracts at your fingertips.
Learn more about Trackado
Trackado is the powerful, easy-to-use and beautiful contract management solution.
Have all your contracts in one place, get deep financial insights about your contract portfolio, see all contract related milestones in your calendar and receive automated alerts for important tasks.
Trackado is cloud-based, hosted in data centers in Europe and offers security over SSL and encryption.
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management Software
- Team Collaboration
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.
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management Software
- Team Collaboration
Unlock effortless productivity and collaboration with Acrobat Pro.
Adobe Acrobat Pro is an all-in-one PDF and e-signature solution designed to help today's teams save time on preparing, editing, protecting, sharing, and signing business documents.
Find out how your organisation can boost productivity, ensure seamless collaboration, and accelerate business processes by simplifying workflows across locations and devices with the world's most trusted digital document solution.
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management Software
- Team Collaboration
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.
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management Software
- Team Collaboration
Streamline contractor management with Deel, reducing admin time and risk, enhancing team satisfaction.
Deel Contractor Management offers a tailored solution for businesses, focusing on reducing administrative burdens and mitigating compliance risks. Ideal for SMBs and Mid-Market segments, it simplifies the management of global contractors by automating tax forms, payment processes, and legal compliance. The platform ensures a satisfying experience for both managers and contractors, backed by robust features and benefits. With Deel, companies can focus on growth while maintaining high team satisfaction, supported by solid social proof and expert endorsements.
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management Software
- Team Collaboration
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!
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management Software
- Team Collaboration
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.
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management Software
- Team Collaboration
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.
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management Software
- Team Collaboration
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.
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management Software
- Team Collaboration
Everything you need to manage contracts, clients, proposals, contracts, payments, and more.
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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.
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management Software
- Team Collaboration
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.
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management Software
- Team Collaboration
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.
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management Software
- Team Collaboration
Looking for the easiest way to sign, send, and manage contracts? Choose Signeasy.
Signeasy offers an eSignature and contract management platform that simplifies and automates the contract journey, leading to more efficient processes and improving team productivity. Serving over 48,000 customers globally, Signeasy is the easiest way to sign, send, and manage contracts. Signeasy integrates with the everyday tools you love and use, like SharePoint, Google Workspace, Slack, and more. With advanced security features like digital signatures, SSO, and 2FA, Signeasy keeps your contracts safe and secure.
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management Software
- Team Collaboration
#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.
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management Software
- Team Collaboration
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.
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management Software
- Team Collaboration
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.
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management Software
- Team Collaboration
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.
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management Software
- Team Collaboration
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.
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management Software
- Team Collaboration
Use the Nintex Process Platform to finalize contracts more easily, close deals faster, and make time for other business.
Use the Nintex Platforms to finalize contracts more easily, close deals quicker, and make time for other business. By automating contracting processes from beginning to end, your organization can boost productivity, increase compliance, improve the bottom line and help your salespeople.
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management Software
- Team Collaboration
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.
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management Software
- Team Collaboration
Concord unlocks the data in all your agreements, putting them to work for you to drive smarter decisions.
Concord empowers growing businesses to make smarter operational decisions by unlocking actionable data from all their contracts. Trusted by more than 1,500 companies and 1 million users worldwide, Concord enables anyone to swiftly sign agreements and access crucial business data, accelerating deal closures and boosting revenue growth. The more users adopt Concord, the greater the insights businesses gain, enhancing their financial performance, streamlining operations, and mitigating risks.
Established in 2014, Concord has a decade of leadership in agreement intelligence, putting agreements to work to create exponential value for growing businesses.
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management Software
- Team Collaboration
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.
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management Software
- Team Collaboration
M-Files streamlines contracts. Automate workflows, secure info, find contracts fast. Manage from creation to archive.
M-Files offers a robust solution for streamlining your entire contract lifecycle. Say goodbye to scattered contracts and wasted time searching for the latest versions. M-Files leverages intelligent metadata to automatically categorize and organize your contracts, making them instantly retrievable. Our intuitive interface empowers users to create, negotiate, review, and approve contracts efficiently. M-Files automates repetitive tasks within your contract workflows, ensuring timely completion and eliminating human error. Furthermore, granular access controls safeguard sensitive information, while comprehensive audit trails simplify compliance audits. M-Files empowers your team to manage contracts effectively, minimize risks, and build stronger business relationships - all within a secure and user-friendly platform.
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Features
- Electronic Signature
- Approval Process Control
- Full Text Search
- Version Control
- Workflow Management Software
- Team Collaboration
Contract Management Software Buyers Guide
Table of Contents
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.
Relevant contract management software trends
- 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.
