Compare ContractRoom vs Coupa vs eContracts

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Crozscore:

73%
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100%
31%
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Crozscore:

81%
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Crozscore:

59%
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ContractRoom screenshot view 2 more Coupa screenshot view 5 more eContracts screenshot

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:

Coupa offers a cloud-based spend management platform for larger businesses to monitor spending between multiple departments.

The solution helps organizations to spend more wisely and make larger savings, primarily by creating expense auditing, benchmarking, transaction processing, and contract lifecycle management. The contract management module comes as an integrating part of spend management subscription and provides the ability to create contracts including authoring, editing, and eSignature.

Coupa is a "Savings-as-a-Service" platform that helps its users to stay within limits of their budgets. It is a great solution for companies that are in need of a customizable web-based solution that will optimize their spending and keep them audit-ready at every moment.

Software Description:

Optimus BT, headquartered in Atlanta, is primarily focused on providing an enterprise contract management product targeted at mid-market and large organizations for SharePoint Online, Office 365, and SharePoint on-premise platform. We primarily target industries with a specific focus on the life sciences (medical devices, biotechnology, pharma), in addition to healthcare, construction, manufacturing, professional services, oil and gas, non-profits, and government, among others. We work with organizations all over the world including but not limited to the U.S., Canada, Europe, Australia, Middle East, and Asia, among others.

Our marquee product, eContracts, is an enterprise contract management software, is available for SharePoint Online and Office 365, and SharePoint on-premise (SP 2013 and SP 2010). eContracts addresses all aspects of the contract lifecycle management process, and provides the following benefits to an organization:

  • Easier monitoring of contract performance.
  • Ability to keep up with key milestones and obligations.
  • Improved contract approval cycle times.
  • Set up and manage renewals, cancellations, and expirations.
  • Onboard customers or vendors faster.
  • Track revenue, spend and analyze financial information.
  • Integrate CRM and ERP systems for more comprehensive reporting and analytics.

Features:

Features:

  • File Transfer
  • SAP Integration
  • Customer Management
  • Notifications
  • Supplier Management
  • Data Visualization
  • API
  • External Integrations
  • Data Export
  • Data Import
  • CRM Integration
  • Forecasting
  • 2-Factor Authentication
  • Inventory Tracking
  • Dashboard
  • Budgeting
  • Expense Tracking
  • Billing/Invoicing

Features:

  • Calendar Management
  • Dashboard
  • Third-Party Plugins/Add-Ons
  • Document Comparison
  • Contact Management

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:

  • Spend management

  • Procurement

  • Expense management

  • Invoicing

  • Analytics

  • Dashboards & Reports

  • Purchase order management (PO)

  • Real-time budgets

  • Optical character recognition (OCR)

  • Web forms

Summary:

    No key features associated with this application.

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

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:

    What is this service generally used for?
  • This service is used for Spend Management and Contract Lifecycle Management.

  • What are some applications this service is commonly used in tandem with?
  • Coupa is most commonly used in tandem with ERP applications.

  • Does this service offer guides, tutorials and or customer support?
  • Support: Community, Online Support, Phone Support, Video Tutorials, Knowledge Base.

  • What platforms does this service support?
  • Coupa is a web-based software with Android and iOS native apps offered.

  • Does this service offer an API?
  • Yes, Coupa offers RESTful API.

  • Does this service integrate with any other apps?
  • Integrations: Adaptive Insights, ADP, Avalara, NetSuite, Cortex, DataDimension, Emptoris, Octa, Novatus, Right Scale, Scan One, Rosslyn Analytics, OneLogin, Salesforce, Nvoicepay, SnapLogic, Vertex.

  • Does this service offer multi-user capability (e.g. teams)?
  • No.

  • Who are the main user groups of this service?
  • Main users of Coupa are businesses with yearly revenues starting at $75 million or higher.

FAQs:

    No FAQs associated with this application.

Publisher:

Founded:
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Based in:
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Employees:
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Likes:
Followers:

Publisher:

Founded:
-
Based in:
San Mateo, CA
Employees:
501-1000
Likes:
1.9k
Followers:
22.8k

Publisher:

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

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 Coupa
  • Enterprises
Desktop Platforms:
  • Web App
Mobile Platforms:
  • iOS
  • Android
Languages:
English, French, German
Regional Restrictions:
No restrictions.

Other:

Who uses eContracts
  • SMEs
  • Enterprises
Desktop Platforms:
  • Web App
  • Windows
Languages:
English
Regional Restrictions:
No restrictions.
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