Contracting Lifecycle Management Softwares

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CLM Software for Enterprise Companies

Contract Lifecycle Management (CLM) software designed for enterprise businesses include Contract Room, Contract Express, Apttus, Shipedge, Contract Insight, Icertis, Conga Contracts, Parley Pro, DocMinder, Concord, Contract Logix, Outlaw, Total Contract Manager, Asentex, and Ivalua.

1. CONTRACT ROOM

  • It's a CLM software for enterprise level businesses.
  • This software helps finance, human resource, operations and legal departments to capture documents and process images.
  • The link to the website is here.

KEY FEATURES AND FUNCTIONALITIES

  • It offers case and records management features.
  • It is compatible with Mac and Windows operating systems and can be accessed through mobile devices.
  • The software guide users through the whole contracting process and allows for communication between buyers and sellers.
  • The software lets users automate the process of assigning tasks and create timelines on when the tasks need to be completed.
  • The software's unique online negotiation, deeply automated document assembly, and AI-enhanced workflow management provide close agreements 10X faster.

2. CONTRACT EXPRESS

  • It's a CLM software for enterprise level businesses
  • Its helps its users to streamline the contract creation process by automating the drafting, review, and management of legal documents.
  • The link to the website is here.

KEY FEATURES AND FUNCTIONALITIES

  • It offers the flexibility to automate a wide range of standard agreements.
  • It provides safe self-service contract creation and approval.
  • Its patented technology allows subject matter experts to author and automate contract templates directly in Microsoft Word, reducing the misunderstandings, testing, and delays when programmers need to be involved.
  • The software flexible approvals' engine helps you create the perfect approval process for any contract with sequential and parallel workflows.
  • The software provides a management reporting tool that give a fully customizable overview of user business’ contract behavior.

3. APTTUS

  • It is a CLM software for enterprise level businesses.
  • The software is designed for large companies in a variety of industries and offers solutions in areas such as e-commerce and revenue management.
  • The link to the website is here.

KEY FEATURES AND FUNCTIONALITIES

  • The software includes Quote-to-Cash, a process of driving revenue for users.
  • The software's Quote-to-Cash enables its user to master the entire revenue-generation process to sell intelligently, outsell competitors, and raise the performance in marketplace.
  • The software allow its users to collaborate, stay up to date, and engage with peers in the same and varying industries.
  • It offers the innovative, patented X-Author technology to power negotiating advantage and easy contract authoring.
  • The software provides both buy-side and sell-side contracts. Using sell-side contracts users can connect seamlessly to Apttus CPQ, Revenue Management and e-Signature for maximum selling efficiency while using buy-side contracts users can perform a streamlined procurement process.

4. SHIPEDGE

KEY FEATURES AND FUNCTIONALITIES

  • Its key features include inventory management, order management, return/exchange management, labor management, supplier management, vendor managed inventory and business intelligence.
  • Shipedge allows its enterprises to manage information from suppliers, shipping carriers, and consumers.
  • Other functionalities of the software include multi-warehouse management of fulfillment networks, 3PL/4PL billing solutions, shipping management, manufacturing BOM/MFG, dropshipping, and order routing.

5. CONTRACT INSIGHT

  • It is a CLM software for enterprise level businesses.
  • It is developed by CobbleStone Systems and can be deployed either on the customer’s premises (with perpetual licensing) or in the cloud (with monthly subscription licensing).
  • The link to the website is here.

KEY FEATURES AND FUNCTIONALITIES

  • It offers core contract management functionality, such as a centralized contract database with role-based access to documents and actions, a contract workflow approval engine, e-signature, budget tracking, and audit tracking.
  • The software also enable its users to track regulatory compliance and identify legal conflicts of interest.
  • It provides templates for authoring contracts and determine which user can negotiate contracts with vendors and customers online.
  • It also provides unlimited email and calendar alerts based on user-configured rules. Additionally, users can define an unlimited number of custom fields, including contract types, tracking fields, and workflow processes.

6. ICERTIS

  • It's a CLM software for enterprise level businesses.
  • It is a cloud-based contract lifecycle management (CLM) solution that provides business tools and functionalities, which helps them manage different stages of a contract lifecycle.
  • The link to the website is here.

KEY FEATURES AND FUNCTIONALITIES

  • Its key features include approval workflow, auto extraction, milestone tracking and contract drafting.
  • The software also offers compliance/governance and risk management.
  • It enables users to track transactions to enforce contract terms across order-to-cash and procure-to-pay processes.
  • It provides solution analytics and reporting features that help managers to monitor contractual risk, quantify contractual performance and manage negotiation intelligence.
  • Additionally, it also offers proposal management and APIs which features an open architecture.

7. CONGA CONTRACTS

  • It's a CLM software for enterprise level businesses.
  • It helps organizations to generate, track, maintain, and report on different business contracts.
  • The link to the website is here.

KEY FEATURES AND FUNCTIONALITIES

  • The software enables its users to automate different steps of contract lifecycle that include creation, negotiation, approval, and renewal.
  • It offers features such as contract creation and request portals, automated alert reminders, configurable templates, and approval processes.
  • The software provides an online redlining feature helps parties track and discuss changes that are made during the negotiation process.
  • It also provides users a centralized dashboard that displays real-time custom data and statistics.
  • Additional features includes a negotiation portal, supplier registration, eSignature integration with DocuSign and Adobe Sign, reporting, and compliance.

8. PARLEY PRO

KEY FEATURES AND FUNCTIONALITIES

  • The software enables its users to automate and simplify the end-to-end contracting process, resulting in faster cycle times, improved compliance and greater control and visibility.
  • It also offers a dynamic multi-party negotiation process on a single platform that fosters better decision-making and saves time and money.
  • Other key features include Initiating contracts faster with templates, collaboration on contracts in real-time, automation of contract approval acquisition, managing contracts, and capture insights.
  • Additionally, the software provides an interactive contract analytics dashboards that provide users complete visibility into their contract portfolio and end-to-end contract lifecycle along with contract status and key performance indicators.

9. DOCMINDER

  • It is a CLM software for enterprise level business.
  • It is a cloud-based and on-premise task management solution that caters to contract management and governance risk compliance companies.
  • The link to the website is here.

KEY FEATURES AND FUNCTIONALITIES

  • Its primary features include a to-do list, calendar view, email follow-ups, issue tracking, legal request management, onboarding clients and vendors, and reporting.
  • It enables it users to manage the contract process from request to approval, including obligations throughout a contract's lifecycle.
  • It allows users real-time oversight from PCs, tablets, and smartphones.
  • Additionally, the software notifies its users about tasks through automated email follow-ups until closure with escalations.

10. CONCORD

KEY FEATURES AND FUNCTIONALITIES

  • It enables its users to manage contract authoring, track approvals, enforce workflows and audit contracts.
  • It provides an online interface through which users can edit contracts directly and legally bind contracts with the system's e-signature functionality.
  • The software also offers a workflow management feature that helps track multi-step contract approvals and permissions, allowing businesses to make their approvals process all-electronic.
  • Additional features include customizable templates, deadline alerts, change tracking, document versioning, sending bulk notifications, and LDAP integration, among others.

11. CONTRACT LOGIX

  • It is a CLM software for enterprise level businesses.
  • It is a cloud-based contract lifecycle management solution that includes a central contract repository, alerts for important dates, contract authoring via clause and template libraries.
  • The link to the website is here.

KEY FEATURES AND FUNCTIONALITIES

  • The software offer features to support each stage of the contracts process, from new contract requests and data capture to contract analysis and renewals.
  • Its data migration feature enables users to migrate their data and information from spreadsheets and collaboration platforms, such as Sharepoint, into the system.
  • Additionally, it also provides US-based training and support that is available via phone, email, and online.

12. OUTLAW

  • It is a CLM software for enterprise level businesses.
  • It enables users to manage the contract lifecycle, including contract generation, negotiation, execution and management.
  • The link to the website is here.

KEY FEATURES AND FUNCTIONALITIES

  • Its key functionalities include a central contract repository, cloud-based redlining, contract approval workflows and audit tracking.
  • The software provides a proprietary word processor which enables organizations to transform existing contracts into reusable templates with smart variable fields that are editable with dynamic legal logic built in.
  • The software enables it users to create contracts with a plain English overview layer to provide summaries and definitions of legal terms in the contract itself.
  • It also provides tools that enable multiple parties to negotiate collaboratively.
  • The software offers online redlining, threaded commenting, version control and audit tracking features that help parties discuss, make and track changes in real-time.
  • Additionally, the software offers phone, email, and chat-based support as well.

13. TOTAL CONTRACT MANAGER

  • It is a CLM software for enterprise level businesses.
  • It is made by JAGGAER (formerly known as SciQuest) and is a cloud-based contract lifecycle management solution that assists in contract management activities, from approvals till their execution.
  • The link to the website is here.

KEY FEATURES AND FUNCTIONALITIES

  • The software provides “White paper contract management” feature that helps users in contract creation and management.
  • This feature also helps in building a central repository in order to store the contracts at a single place.
  • The software also provides assistance in real-time updates which includes information regarding contract performance, compliance, and expiry.
  • The software helps users to create contracts, track deadlines and contract expiry, send alerts for renewals, and monitor contract performance.
  • It offers connectors for MS Office Word app and integrates with Salesforce for managing and exchanging contract details across applications.
  • Additionally, the software also offers customer support via phone and fax.

14. ASENTEX

  • It is a CLM software for enterprise level businesses.
  • The software caters to multiple industries, such as construction, education, government agencies, and healthcare and it is available both in cloud-based and on-premise deployment options.
  • The link to the website is here.

KEY FEATURES AND FUNCTIONALITIES

  • The software enables users to track multiple stages in the lifecycle of multiple types of contracts, from initial draft to contract completion.
  • Its features also include mobile access, Microsoft Word integration, 3rd party integration and personalized reports.
  • The software features MobileApp builder, which allows users to select from pre-designed contract lifecycle management solutions or create a custom application based on the requirements.
  • Additionally, the software also offers customer support over the phone, online and webinars.

15. IVALUA

KEY FEATURES AND FUNCTIONALITIES

  • The software enables its users to manage contract commitments in one place and get reminders as dates approach.
  • Key functionalities include Cross-Catalog Search, BOM & Build to order sourcing, NPI, quality management, supplier MDM, and Concurrent Procurement.
  • The software also provides an online contract clause library that facilitate the authoring of new contracts, collaborative authoring, versioning and redlining, both online and offline, between the contracting parties.
  • Additionally, the software also offers online customer support.
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