Compare SpotDraft vs Contract Logix

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About SpotDraft

SpotDraft is an end-to-end contract automation platform that helps organisations draft, review and manage contracts seamlessly. Companies like Whatfix, MakeMyTrip, Nomura and HDFC are leveraging the SpotDraft platform to reduce turnaround time for contracting by up to 90%.

SpotDraft makes contract lifecycles smarter and shorter through intuitive contract creation, review, analysis and management and helps deliver better experiences for legal. sales, and business teams in an organization.

About Contract Logix

Contract Logix is a data-driven contract lifecycle management solution that provides the ability to automate and streamline the drafting, negotiation, approval, execution, and management of contracts.

Key features include a centralized and fully searchable contract repository with automated alerts for important dates, obligations, and milestones. Contract Logix supports visual contract workflows to automate business processes as well as contract authoring, redlining, approvals, e-signature integration, custom reports, and analytics/dashboards.

Contract Logix's solution offers features to support every stage of the contract lifecycle management process from new contract requests to renewals, amendments, and terminations. The solution addresses both buy-side and sell-side contract management. The solution can be configured to an organizations’ specific contract management requirements and supports role-based and feature-based permissions to regulate user access.

Every Contract Logix customer is assigned an experienced Customer Success Manager to help onboard, administer, and use the software. Also included is access to a 100% U.S.-based technical support team via phone, email, and online. Contract Logix is used by thousands of professionals at hundreds of brands across dozens of industries.

Features

  • 2-Factor Authentication
  • API
  • Batch Permissions & Access
  • Calendar Management
  • Contact Management
  • Document Comparison
  • External Integrations
  • File Sharing
  • File Transfer
  • Multi-User
  • Notifications
  • Scheduling
  • Task Scheduling/Tracking
  • Third-Party Plugins/Add-Ons
  • Electronic Signature
  • Database
  • Workflow Management
  • Dashboards
  • Reports
  • Design Templates

Features

  • 2-Factor Authentication
  • API
  • Batch Permissions & Access
  • Calendar Management
  • Contact Management
  • Document Comparison
  • External Integrations
  • File Sharing
  • File Transfer
  • Multi-User
  • Notifications
  • Scheduling
  • Task Scheduling/Tracking
  • Third-Party Plugins/Add-Ons
  • Electronic Signature
  • Database
  • Workflow Management
  • Dashboards
  • Reports
  • Design Templates

Summary

    No key features associated with this application.

Summary

  • Centralize your contracts in a secure and searchable repository

  • Increase compliance and speed with automated workflows

  • Get real-time insights with KPIs, reports and dashboards

  • Easily draft, collaborate on, negotiate, and execute contracts

  • Never miss another date or obligation with automated alerts

  • AI-powered Data Extraction automates your data entry

FAQs

    Does this service integrate with any other apps?
  • Yes. We have over 50+ integrations available on request.

  • What is this service generally used for?
  • To automate key touch-points of a contract lifecycle - from creation, redlining, reviewing, to signing and maintaining an inventory of executed contracts.

    SpotDraft also sports the first-of-its-kind native legal editor that analyses contractual irregularities ranging from undefined terms to missing/misrepresented clauses. It also provides suggestions to make your contracts foolproof.

    The SpotDraft engine also fishes out key details from a contract, highlights them for immediate viewing, and also sets automatic reminders so you never miss a renewal or action event.

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

  • Does this service offer guides, tutorials and or customer support?
  • The SpotDraft customer success team works directly with you to provide training and to set up your SpotDraft account.

    We are committed to providing you a great experience and work with you along the way to resolve any questions or issues you may have throughout your journey with us.

  • Who are the main user groups of this service?
  • SMEs and startups with a need to simplify and shorten their contract lifecycles to close deals and generate revenue quicker

FAQs

    What is this service generally used for?
  • Contract Logix offers a complete and end-to-end contract lifecycle management platform to automate and streamline the entire contract process. The Contract Logix platform includes a robust set of pre-execution and post-execution CLM features to enable organizations to digitize and optimize the way they request & intake, author, review, negotiate, collaborate, approve, execute, and manage contracts. The platform also provides a rich set of security capabilities including role/feature-based permissions, SOC 2 Type II compliance, MFA, SSO, encryption and more. In addition, Contract Logix provides data-driven KPIs via reports and dashboards that deliver actionable insights to improve the performance of contracts and processes.

  • Does this service offer guides, tutorials and or customer support?
  • Contract Logix has an experienced and knowledgeable team of U.S.-based Customer Success Managers that support our customers throughout the life of the relationship. They provide help with onboarding, training, adoption, and ongoing support for quick ROI and value.

    While we also offer multiple training options to empower your business and end-user community with the necessary tools to adopt, use, and get value from the platform. The platform is simple and easy-to-use, however; over the years we’ve learned how quality training instils confidence. That’s why we offer convenient contract management software training options. We’ve also built help right into the platform, so users can learn as they go.

  • Does this service offer an API?
  • Yes, Contract Logix provides a REST API to integrate with other business applications such as ERP, CRM, ITSM, HRSM, and E-Signature providers.

  • Does this service offer multi-user capability (e.g. teams)?
  • Yes, Contract Logix offers multi-user capabilities. The platform has 3 main licensing types including Read-Only, Submitter, and Full User. In addition, role-based and feature-based permissions can be administered to regulate user access.

  • What are some applications this service is commonly used in tandem with?
  • Contract Logix can be integrated with most common ERP, ITSM, HRSM, CRM, and CPQ applications. Contract Logix also integrates with most electronic signature providers.

  • Does this service integrate with any other apps?
  • Yes, Contract Logix can be integrated with most common ERP, ITSM, HRSM, CRM, and CPQ applications via an API. Contract Logix also integrates with most electronic signature providers.

  • What platforms does this service support?
  • Contract Logix is SaaS browser-based solution. It is hosted in the ultra-secure and reliable Microsoft Azure cloud.

  • Who are the main user groups of this service?
  • Anyone involved in the contract process, such as in-house legal, procurement, finance, sales, IT, and operations teams This includes individuals requesting a contract, drafting and negotiating an agreement, to those needing to manage specific approvals, deadlines, and other buy-side and sell-side obligations.

Vendor Information

Founded:
-
Based in:
-
Employees:
-
Likes:
Followers:
723

Vendor Information

Founded:
-
Based in:
-
Employees:
-
Likes:
Followers:
418

Other

Who uses SpotDraft
  • Startups
  • SMEs
  • Agencies
Desktop Platforms:
  • Web App
Languages:
English
Regional Restrictions:
No restrictions.

Other

Who uses Contract Logix
  • Startups
  • SMEs
  • Agencies
  • Enterprises
Desktop Platforms:
  • Windows
  • Macintosh
Languages:
English
Regional Restrictions:
No restrictions.
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