Get 30% off on our Premium membership! Promo code: 30SECRET - offer ends in
Get 30% off on our Premium membership! Promo code: 30SECRET - offer ends in
Don’t have an account?
By clicking on the sign up button you accept our Terms of Use and confirm that you have read our Privacy Policy
Already have an account?
Contract management software is a kind of tool designed to help businesses manage their contracts with vendors, suppliers, customers and other partners. It helps streamline the contract process by automating contract creation and approval, tracking contract performance, and providing visibility into contract status. Contract management software also enables businesses to easily store and access contracts, monitor contract expiration dates and renewal dates, and generate reports and analytics on contract performance. This type of software is essential for businesses that need to keep track of a large number of contracts with multiple partners.
See more
Categories
AI
Project Management
Customer
Development
Marketing
Communication
Sales
Business
Human Resources
Operations Management
Lifestyle
Contract Management
Categories
AI
Project Management
Customer
Development
Marketing
Communication
Sales
Business
Human Resources
Operations Management
Lifestyle
PandaDoc
Used by 888 members
Eliminate paperwork by digitizing your documents with e-signatures
14 days free + 24% off annual Business plan or 46% off annual Starter plan
Save up to $195
DocSend
Premium
Used by 560 members
Share and manage documents easily and securely.
90% off your annual DocSend plan
Save up to $1,620
Docusign
Used by 154 members
The world's #1 eSignature solution
First month free and 40% off annual plans
Save up to $350
Legalstart
Used by 1535 members
Legal platform for company creation and management
25% discount
Save up to $100
Captain Contrat
Premium
Used by 69 members
Legal management platform for your company
15% discount on service fees (except creation on estimate)
Save up to $50
PartnerStack
Used by 70 members
Partner management cloud solution
15% off for 1 year
Save up to $900
PandaDoc vs Docusign
Proposify vs PandaDoc
GetAccept vs Docusign
signNow
Used by 181 members
Cloud-based electronic signature solution
60% off annual plans
Save up to $240
Deel
Used by 394 members
Human Resource management software
$500 in credits
Save up to $500
LegalPlace
Used by 136 members
Simplify your legal processes
15% off all plans for 1 year
Save up to $60
Ledgy
Premium
Used by 63 members
Equity management made transparent, simple, and efficient for startups.
25% off your first year
Save up to $6,500
Cacheflow
Premium
Used by 97 members
Transaction closing platform
The Startup Accelerator Plan for $5,000
Save up to $7,000
Contract-factory
Premium
Used by 98 members
Create your company, contracts, and manage your legal documents quickly and efficiently
30% off
Save up to $53
Clerky
Premium
Used by 157 members
Get your legal paperwork done easily
100$ de réduction sur le Company Lifetime Package
Save up to $100
AdOpt
Premium
Used by 130 members
A cookie banner for your website’s compliance
6 months free on any plan
Save up to $54
Concord
Concord: Harmonizing Your Software Needs!
Proposify
Seal the deal smarter, faster with Proposify.
What is contract management software?
A contract management software is a contract management tool for your company’s legal, commercial or HR teams. It will allow an efficient management of the lifecycle of the different contracts, whether it is an employment contract or commercial contracts.This complete solution for managing all types of contracts generally has the following functionalities:- Contract drafting- Centralization of contract terms- Ability to annotate contracts- Procedure for signing and approving contracts- Storage of contractual elements- Contract audit- Follow-up of the different milestones of the contract- Monitoring of the life of the contract via performance indicators- Etc.All the elements contained in a contract life cycle management (CLM) software are perfectly adapted to the monitoring of evolving documents such as contracts. These functionalities allow you to ensure that the contract is properly executed and that the objectives set are achieved. If necessary, the contract management solution will also be relevant for identifying contractual gaps that may be identified. It will then be easier to submit a contract amendment request to the various signatories via your legal department.
Why is contract management software important?
To improve business relationships, it is essential to use contract management software. Otherwise, you may have to keep contractual documents in paper format and store them on your premises. This is neither relevant nor efficient. Remember that contracts are the foundation of your business. For this reason, they are of paramount strategic importance.First of all, the dematerialization of contracts will allow you to save precious time. Moreover, you will not have to use paper and even less to face the printing costs which can represent a real cost. Indeed, the quantity of paper and ink necessary to the design, the production, and the follow-up of the contracts is not negligible. In addition, the maintenance of the printers and the occupation of the rooms used for the filing of these documents must be added. Thus, dematerializing contracts saves time, money, and reduces your carbon footprint.Secondly, such software is essential for optimal risk management. Centralizing information ensures that your contracts are more compliant, that they are not damaged in storage, and that you can effectively identify the due dates of your contractual obligations. You can then better meet deadlines and avoid any late penalties.Finally, the contract management tool gives you access to optimal traceability. You avoid losses and facilitate the search for important documents. In addition, this efficiency and agility are ideal for fluid exchanges with your employees and business partners. This creates a climate of trust and promotes contract renewal and increased sales.
What are the best contract management software?
To ensure that contracts are well drafted and optimally executed, you need to choose the most outstanding tools. Here is our selection.First, you can opt for Contractbook. It is an online contract management platform. Specifically, this SaaS software allows you to manage the entire life cycle of your contracts in one place. Thus, the design of a compliant contract is done quickly and you can then submit it directly to your partners for their digital signature. Once completed, it can be stored in a secure cloud. Of course, contract tracking and analysis features are also present.One of the essential yet time-consuming elements of a contract is the signature phase of the different parties. To save time and increase efficiency while refining the security of contracts, the ideal solution is to use Signaturit. This online solution allows you to dematerialize your contracts and obtain electronic signatures in the shortest possible time.Contracts require constant legal attention. To assist you in the design, follow-up, and execution of these documents, you can call on Captain Contrat. This online legal service is intended for the managers of very small businesses or SMEs. You can then ensure the conformity of your contracts and protect yourself from any legal risk thanks to the expertise provided by lawyers.
How to choose a contract management software?
First of all, like any adoption of a new SaaS software, the first thing to do is to define the needs expressed by your internal teams and your customers. This audit will allow you to clearly identify the functionalities needed to offer your stakeholders a smooth, pleasant, and efficient contractual experience.Secondly, it is important to establish a budget for this software as well as the expected return on investment. To do this, you can, for example, establish a list of the material resources you currently use to create and track your company’s contracts. Also, what is the cost of contract litigation
