Compare Precisely vs ContractRoom vs ContractWorks

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About Precisely

Precisely helps companies streamline and take control of their contracts with a single point of contact for all contract related matters. Create, control, sign, archive, and monitor all your contracts in the cloud.

  • Create - Precisely's Contract Creator enables you to transform any of your frequently used contracts into fully customizable intelligent templates that enable fast and secure production of contracts.
  • Control - Easily create Custom Templates and eliminate undesired amendments to your contracts. User-level authorization makes sure that each contract has the right content. The approval workflow is automated too.
  • Sign - Seamless handling for an unlimited amount of legally binding e-signatures; from adding of parties to signing the contracts. No more printing.
  • Archive - Get storage for all your contracts on Precisely's secure servers. Smart Search and filtering to quickly find what you are looking for. No more paper.
  • Monitor - Help me keeping track of contract expiry, deadlines, and milestones. Get reminders to never miss an important deadline again.

About ContractRoom

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.

About ContractWorks

ContractWorks design is deliberate in its simplicity. Complicated contract management software tends not to get used; we provide the easiest way for you to gain control with features you need to answer the big questions: Where are all my contracts? Who has access? What are the key milestones? How can I communicate the details to my colleagues?

Features

  • 2-Factor Authentication
  • API
  • Calendar Management
  • Contact Management
  • Dashboard
  • Document Comparison
  • External Integrations
  • File Sharing
  • File Transfer
  • Multi-User
  • Notifications
  • Scheduling
  • Third-Party Plugins/Add-Ons

Features

  • 2-Factor Authentication
  • API
  • Calendar Management
  • Contact Management
  • Dashboard
  • Document Comparison
  • External Integrations
  • File Sharing
  • File Transfer
  • Multi-User
  • Notifications
  • Scheduling
  • Third-Party Plugins/Add-Ons

Features

  • 2-Factor Authentication
  • API
  • Calendar Management
  • Contact Management
  • Dashboard
  • Document Comparison
  • External Integrations
  • File Sharing
  • File Transfer
  • Multi-User
  • Notifications
  • Scheduling
  • Third-Party Plugins/Add-Ons

Summary

  • All your contracts in one place.

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

  • Contract lifecycle management software should work with you, not against you. ContractWorks provides simple, customizable contract management software that can be implemented in minutes, allowing you to gain control quickly.

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

Standard (billed annually)

$600.00
unlimited user(s) / month
Included in plan:
  • Unlimited Users
  • 1000 Documents
  • 5 Electronic Signature Licenses
  • AI Quick Start
  • Free Implementation
  • Document Attachments
  • Document Tagging (Custom Fields)
  • Annotations
  • OCR
  • Date Alerts
  • Customizable Reporting
  • Permission-based User Roles
  • Audit Log Report
  • Branding: Logo and Unique URL

Professional (billed annually)

$800.00
unlimited user(s) / month
Included in plan:
  • Unlimited Users
  • AI Quick Start
  • Free Implementation
  • Document Attachments
  • Document Tagging (Custom Fields)
  • Annotations
  • OCR
  • Date Alerts
  • Customizable Reporting
  • Permission-based User Roles
  • 10 Electronic Signature Licenses
  • Audit Log Report
  • Branding: Logo and Unique URL
  • Upload Contracts by Email
  • 5000 Documents
  • SAML 2.0/Single-Sign-On (SSO)
  • Salesforce Integration
  • Approval Workflow
  • AI Premium

Enterprise (billed annually)

$1,000.00
unlimited user(s) / month
Included in plan:
  • Unlimited Users
  • AI Quick Start
  • Free Implementation
  • Document Attachments
  • Document Tagging (Custom Fields)
  • Annotations
  • Date Alerts
  • Customizable Reporting
  • Permission-based User Roles
  • Audit Log Report
  • Branding: Logo and Unique URL
  • Upload Contracts by Email
  • SAML 2.0/Single-Sign-On (SSO)
  • Salesforce Integration
  • Approval Workflow
  • 20 Electronic Signature Licenses
  • Unlimited Documents
  • AI Premium

FAQs

    What is this service generally used for?
  • To automate contract creation and manage all contracts across all departments in the company.

  • What platforms does this service support?
  • This is web-based.

  • Does this service offer multi-user capability (e.g. teams)?
  • Yes, of course.

  • Does this service offer an API?
  • Yes, it does.

  • Who are the main user groups of this service?
  • Legal departments, CFO & CEO are (depending on the size of the company) usually in charge of the organization's contracts in terms of compliance and control. They usually utilize the platform to decentralize contract management to different departments (e.g. Sales, Finance, HR) - without losing control of the contracts.

  • Does this service integrate with any other apps?
  • Yes, integrations to any other system is available upon request.

  • Does this service offer guides, tutorials and or customer support?
  • Yes, it does.

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 platforms does this service support?
  • Web-based.

  • What is this service generally used for?
  • This solution is for companies who are trying to get their contracts under control. Clients typically fall into two categories- those who are currently trying to manage contracts manually with a combination of spreadsheets, calendar reminders, shared drives, etc., and those companies who have struggled to implement and adopt complicated contract management software.

  • Who are the main user groups of this service?
  • Because of the flexibility of our solution professionals in a variety of industries and who work with contracts from across departments are customizing ContractWorks to fit their unique needs. Popular industries include healthcare, consumer goods, media, education, and manufacturing. ContractWorks is often implemented in legal departments.

  • Does this service offer guides, tutorials and or customer support?
  • Yes, 24/7 support is included with ContractWorks. We also offer helpful training videos that can be accessed from our website help page as well as customer training webinars.

  • Does this service offer multi-user capability (e.g. teams)?
  • Yes, ContractWorks offers unlimited users for no additional fee.

Vendor Information

Founded:
-
Based in:
-
Employees:
-
Likes:
Followers:
393

Vendor Information

Founded:
-
Based in:
-
Employees:
-
Likes:
Followers:
1.6k

Vendor Information

Founded:
-
Based in:
-
Employees:
-
Likes:
Followers:
644

Other

Who uses Precisely
  • Startups
  • SMEs
  • Agencies
  • Enterprises
Desktop Platforms:
  • Web App
Languages:
English, Swedish
Regional Restrictions:
No restrictions.

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 ContractWorks
  • Startups
  • SMEs
  • Enterprises
Desktop Platforms:
  • Windows
  • Macintosh
Languages:
English
Regional Restrictions:
No restrictions.
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