10 Best Contract Management Software

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Contract management is an essential part of any business operation. It involves the creation, execution, and analysis of contracts between two or more parties. The process can be time-consuming and tedious, particularly when dealing with large volumes of contracts. However, with the use of contract management software, businesses can streamline the process, reduce errors, and ensure compliance with regulatory requirements.

In this article, we will explore the 10 Best Contract Management Software available in the market. We will look at their features, benefits, and pricing, to help you choose the right software for your business.

10 Best Contract Management Software:

1. Concord

Concord is a cloud-based contract management software that helps businesses manage their contracts, from creation to execution. The software offers a range of features, including customizable templates, e-signature capabilities, and document management. Concord also provides real-time visibility into contract performance, compliance, and risk, making it easier to manage contracts efficiently.

One of the key benefits of using Concord is its intuitive interface. The software is easy to use and does not require any technical expertise. It also integrates with popular third-party applications like Salesforce, Dropbox, and Google Drive, making it easier to manage contracts across different platforms.

Concord pricing starts at $29 per user per month. However, businesses can also opt for custom pricing plans based on their specific needs.

2. DocuSign

DocuSign is a cloud-based contract management software that is designed to help businesses manage their contracts efficiently. The software offers a range of features, including e-signature capabilities, document management, and analytics. DocuSign also integrates with popular third-party applications like Salesforce, SharePoint, and Google Drive, making it easier to manage contracts across different platforms.

One of the key benefits of using DocuSign is its advanced security features. The software uses industry-leading encryption technology to protect sensitive data, ensuring that contracts are secure and compliant with regulatory requirements.

DocuSign pricing starts at $10 per user per month. However, businesses can also opt for custom pricing plans based on their specific needs.

3. Ariba Contract Management

Ariba Contract Management is a cloud-based contract management software that is designed to help businesses manage their contracts efficiently. The software offers a range of features, including customizable templates, e-signature capabilities, and document management. Ariba Contract Management also provides real-time visibility into contract performance, compliance, and risk, making it easier to manage contracts efficiently.

One of the key benefits of using Ariba Contract Management is its integration with SAP Ariba, a procurement and supply chain management platform. The software seamlessly integrates with SAP Ariba, making it easier to manage contracts across different procurement processes.

Ariba Contract Management pricing starts at $50 per user per month. However, businesses can also opt for custom pricing plans based on their specific needs.

4. Agiloft

Agiloft is a cloud-based contract management software that is designed to help businesses automate their contract processes. The software offers a range of features, including customizable templates, e-signature capabilities, and document management. Agiloft also provides real-time visibility into contract performance, compliance, and risk, making it easier to manage contracts efficiently.

One of the key benefits of using Agiloft is its flexibility. The software can be customized to meet the specific needs of businesses across different industries. It also integrates with popular third-party applications like Salesforce, DocuSign, and QuickBooks, making it easier to manage contracts across different platforms.

Agiloft pricing starts at $45 per user per month. However, businesses can also opt for custom pricing plans based on their specific needs.

5. Coupa Contract Lifecycle Management

Coupa Contract Lifecycle Management is a cloud-based contract management software that is designed to help businesses manage their contracts efficiently. The software offers a range of features, including customizable templates, e-signature capabilities, and document management. Coupa Contract Lifecycle Management also provides real-time visibility into contract performance, compliance, and risk, making it easier to manage contracts efficiently.

One of the key benefits of using Coupa Contract Lifecycle Management is its integration with Coupa, a procurement and expense management platform. The software seamlessly integrates with Coupa, making it easier to manage contracts across different procurement processes.

Coupa Contract Lifecycle Management pricing starts at $50 per user per month. However, businesses can also opt for custom pricing plans based on their specific needs.

6. Icertis Contract Management

Icertis Contract Management is a cloud-based contract management software that is designed to help businesses manage their contracts efficiently. The software offers a range of features, including customizable templates, e-signature capabilities, and document management. Icertis Contract Management also provides real-time visibility into contract performance, compliance, and risk, making it easier to manage contracts efficiently.

One of the key benefits of using Icertis Contract Management is its AI-powered contract intelligence. The software uses artificial intelligence to extract data from contracts and identify risks, making it easier to manage contracts effectively.

Icertis Contract Management pricing starts at $50 per user per month. However, businesses can also opt for custom pricing plans based on their specific needs.

7. ContractWorks

ContractWorks is a cloud-based contract management software that is designed to help businesses manage their contracts efficiently. The software offers a range of features, including customizable templates, e-signature capabilities, and document management. ContractWorks also provides real-time visibility into contract performance, compliance, and risk, making it easier to manage contracts efficiently.

One of the key benefits of using ContractWorks is its user-friendly interface. The software is easy to use and does not require any technical expertise. It also integrates with popular third-party applications like Salesforce, Dropbox, and Google Drive, making it easier to manage contracts across different platforms.

ContractWorks pricing starts at $600 per year. However, businesses can also opt for custom pricing plans based on their specific needs.

8. ContractSafe

ContractSafe is a cloud-based contract management software that is designed to help businesses manage their contracts efficiently. The software offers a range of features, including customizable templates, e-signature capabilities, and document management. ContractSafe also provides real-time visibility into contract performance, compliance, and risk, making it easier to manage contracts efficiently.

One of the key benefits of using ContractSafe is its OCR (Optical Character Recognition) technology. The software can extract data from contracts automatically, making it easier to manage contracts effectively.

ContractSafe pricing starts at $299 per month. However, businesses can also opt for custom pricing plans based on their specific needs.

9. Exari

Exari is a cloud-based contract management software that is designed to help businesses manage their contracts efficiently. The software offers a range of features, including customizable templates, e-signature capabilities, and document management. Exari also provides real-time visibility into contract performance, compliance, and risk, making it easier to manage contracts efficiently.

One of the key benefits of using Exari is its automation capabilities. The software can automate contract creation, review, and approval processes, making it easier to manage contracts efficiently.

Exari pricing starts at $6,000 per year. However, businesses can also opt for custom pricing plans based on their specific needs.

10. Zycus Contract Management

Zycus Contract Management is a cloud-based contract management software that is designed to help businesses manage their contracts efficiently. The software offers a range of features, including customizable templates, e-signature capabilities, and document management. Zycus Contract Management also provides real-time visibility into contract performance, compliance, and risk, making it easier to manage contracts efficiently.

One of the key benefits of using Zycus Contract Management is its integration with Zycus procurement and sourcing solutions. The software seamlessly integrates with Zycus solutions, making it easier to manage contracts across different procurement processes.

Zycus Contract Management pricing starts at $35,000 per year. However, businesses can also opt for custom pricing plans based on their specific needs.

Conclusion

Contract management software is a vital tool for any business that wants to manage contracts efficiently. The software helps businesses streamline contract creation, review, approval, and renewal processes, reducing contract lifecycle times and improving contract compliance.

In this article, we have reviewed the top 10 contract management software available in the market. Each of these software options offers unique features and capabilities, making them suitable for businesses of different sizes and industries.

When selecting a contract management software, it is essential to consider your specific needs, budget, and the size of your business. Some software options may offer more advanced features and capabilities, but they may also come at a higher price point.

Overall, investing in a contract management software is a wise decision for any business that wants to improve its contract management processes and ensure compliance with contract terms and conditions.