Compare ContractRoom vs ProcurePort vs ContractZen

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62%
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90%
59%
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21%
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45%
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35%
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Software Description:

ContractRoom is a cloud-based negotiation and contract lifecycle management system that changes the way deals get done and how decisions are made. There are clear differentiators with the competition, namely in the way ContractRoom streamlines the entire back-and-forth on business terms and legal text between negotiating parties. The solution can automate and capture data document assembly, term negotiation and contract management for any corporate buying, selling, hiring and recording activities. And then the large data set can be leveraged with machine learning to help predict the best terms and clauses for future agreement - finding the path of least resistance for the close. This means your internal and external dealings will be faster (up to 75%) with less mistakes and minimal friction.

Software Description:

ProcurePort is a leader in providing Cloud Hosted e-Procurement Solutions and Sourcing Services. The ProcurePort Reverse Auction Software and Spend Analysis Software provide a robust e-sourcing toolkit for organizations of any size. ProcurePort provides easy to use and affordable E-Sourcing Software accompanied with consulting services to enable procurement excellence.

Companies can automate their entire sourcing process by using various modules available within the ProcurePort e-Procurement toolkit and also generate significant process efficiency and cost savings.

Following are the major modules supported

  1. Online Auctions:
    Are you looking to cut your purchasing costs and streamline your bid collection process? ProcurePort provides a robust cloud hosted solution to conduct Reverse, Forward, Japanese, Dutch and other custom format auctions. Use it as a standalone solution or seamlessly integrate with your existing ERP or P2P system.

  2. Spend Analysis:
    Is your business struggling with cost containment but not sure where to focus its sourcing efforts? Most likely, the root cause is disaggregated and inconsistent spend data. ProcurePort provides Spend analysis service and Analysis Software to get a complete view of your enterprise spend and identify opportunities for cost savings & supplier consolidation.

  3. RFI, RFP & RFQ:
    Stop the paper and email process of collecting RFI & RFP information for your projects and use the easy to use RFI / RFP / RFQ modules of ProcurePort to automate the information gathering process. Compare different supplier RFP /RFI responses using onscreen reports.

  4. Custom Auction Software:
    Looking to develop your own Auction Marketplace for real time auctions? ProcurePort has been developing custom auction software and other marketplaces across multiple verticals since 2000. Choose between our available marketplace exchanges or work with us to design a customized solution just for your business vertical.

  5. Contract Management:
    Cloud hosted software to manage your Supplier Contracts, NDAs, SOWs, Insurance Documents, Certifications and other important Supplier agreements on one centralized repository. Provision secure permission-based access to multiple stakeholders as well as set alerts for document expiration. Use Visual dashboards to instantly view contract values across various categories and departments.

Software Description:

ContractZen is a cloud service that features advanced metadata-driven document and contract management, electronic signature and built-in datarooms (VDR). Secure and easy to use on any device, it enhances governance and business by reducing costs, accelerating processes and minimizing risks. With ContractZen, companies of all sizes, in every industry and in every geography are always prepared for due diligence and audits.

Users can upload and store all of their contracts and other important documents in ContractZen by emailing attached documents directly to the system, or via drag-and-drop. The system automatically attaches metadata to the documents, and users can add additional metadata using visual tagging. Custom hashtags can be created by users and assigned to contracts for flexible categorization. The advanced search engine allows users to search for contract data, and select visual filters to narrow down their search. Contract due dates can be set and automated email reminders sent to team members to ensure that key dates are not missed.

ContractZen also offers meeting management capabilities, allowing users to organize, e-sign and manage executive and board meetings. Meeting invites can be sent out automatically, and attendees can also be reminded of upcoming meetings. Inbuilt Datarooms (VDR) enable the secure sharing of all materials in financial and tax audits, due diligence processes and joint venture situations. With the built-in Company Register, users can manage corporate structures, ownership, board members, auditors, related contact information, and more.

Features:

Features:

Features:

  • External Integrations
  • Data Export
  • File Sharing
  • Data Import
  • Password & Access Management
  • Notifications
  • Multi-User
  • History/Version Control
  • Dashboard

Summary:

  • Drafting a contract can be as simple as dragging and dropping standard contract clauses and clicking to edit the text as you desire.

  • Collaboration and Control - it covers the entire process of communication, reviewing, editing, approving and tasking both internally in an organization as well as externally with counterparties.

  • Transaction and Behavior Data - it captures and leverages transaction and behavior data from the entire back-and-forth negotiation, not only the final outcome, as is the case with most CLM systems.

Summary:

    No key features associated with this application.

Summary:

  • Contract Management

  • Meeting Management

  • Financial, Administrative & HR Document Management

  • Company Register with Corporate Hierarchy View

  • Multiple e-Signature Services

  • Datarooms (VDR) for secure sharing

  • Touch and Mobile Optimized

  • Clearly Defined Set of Metadata for Each Category

  • Drag-And-Drop File Upload with Automated Metadata Form creation

  • Unlimited Number of Documents

Pricing:

  • Credit card required: N/A
  • Basic Plan:

    • $9 / user / month
    • Provides basic feature set for requesters and viewers
    • Access to archives
    • Administer account
    • Request contracts
    • View agreements

    Professional Plan:

    • $39 / user / month
    • Provides Basic + collaboration features for negotiation team members (approvers, reviewers, signers)
    • Assign Tasks
    • Complete & Sign
    • Edit & Negotiate
    • Review & Approve

    Business Plan:

    • $99 / user / month
    • Provides Basic + Professional + control & analytics features for contract leaders and controllers
    • Build frameworks
    • Build conditional agreements
    • Build workflows
    • Build smart tables
    • Start (draft) agreements
    • Create reports

Pricing:

  • Starting from: $500.00/month
  • Credit card required: N/A
  • Pricing is based on the number of users accessing the eProcurement platform. Discounts apply for long term contracts and multiple users

FAQs:

    Does this service offer multi-user capability? (e.g. teams)
  • Yes, it allows multi-person use.

  • Does this service offer guides, tutorials and or customer support?
  • Yes, there is a Help Center with accompanying video tutorials.

FAQs:

    No FAQs associated with this application.

FAQs:

    Does this service offer an API?
  • No, ContractZen does not have an API available.

  • What is this service generally used for?
  • The benefits of ContractZen are, for example:

    Meeting memos, contracts, and other documents can be signed electronically, with the same enforceability and validity as traditionally signed documents.

    Built-in virtual data rooms (VDR) allow users to securely share documents with external individuals and organizations, for joint ventures, tax and financial audits, due diligence, and more.

    Metadata is used to create dynamic views of all contracts, and users can limit their searched to precise fields and save search terms to create report-like queries.

    Automated email reminders can be created to alert users to important dates, and all contracts can be viewed in the contract calendar.

    Files can be imported by dragging-and-dropping them into the system, or by emailing documents directly to ContractZen.

  • Does this service integrate with any other apps?
  • ContractZen integrates with the following applications: Microsoft Office 365, Assently.

  • Does this service offer multi-user capability? (e.g. teams)
  • Yes, you can add as many users as you want (Note: Pricing is billed per user).

  • What platforms does this service support? (e.g. native mobile apps)
  • ContractZen is web-based so it works on any device. In addition, we have a native iPhone/iPad App.

  • Does this service offer guides, tutorials and or customer support?
  • ContractZen offers the following support options: FAQs, Forum, Knowledge Base, Online Support.

  • Who are the main user groups of this service?
  • ContractZen has the following typical customers: Large Enterprises, Mid Size Business, Small Business. ContractZen is well suited for companies of all sizes, in every industry and in every geography. Our users are typically financial and administrative personnel, legal professionals and executives.

Publisher:

Founded:
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Based in:
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Employees:
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Likes:
40
Followers:
1.4k

Publisher:

Founded:
-
Based in:
-
Employees:
-
Likes:
14
Followers:
75

Publisher:

Founded:
-
Based in:
-
Employees:
-
Likes:
1.37k
Followers:
543

Other:

Who uses ContractRoom
  • SMEs
  • Agencies
  • Enterprises
Desktop Platforms:
  • Web App
  • Windows
  • Macintosh
Mobile Platforms:
  • iOS
  • Android
  • WinPhone
  • Blackberry
Languages:
English, Spanish
Regional Restrictions:
No restrictions.

Other:

Who uses ProcurePort
  • Startups
  • SMEs
  • Agencies
  • Enterprises
Desktop Platforms:
  • Web App
Languages:
English, Spanish, French, Portuguese, Russian, Chinese, Italian, Arabic, German
Regional Restrictions:
No restrictions.

Other:

Who uses ContractZen
  • Personal
  • Freelance
  • Startups
  • SMEs
  • Agencies
  • Enterprises
Desktop Platforms:
  • Web App
Mobile Platforms:
  • iOS
Languages:
Finnish, English
Regional Restrictions:
No restrictions.
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