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Description
AXDRAFT is a contract lifecycle automation solution that works alongside ContractWorks to simplify contract creation, collaboration, and management. It allows users to build intelligent templates that adapt dynamically based on user input, ensuring consistency and compliance across documents. The platform automates contract drafting through guided workflows, reducing the time and effort required to generate accurate agreements. AXDRAFT also facilitates collaboration by enabling real-time redlining, commenting, and approval routing among stakeholders. Once contracts are finalized, they are automatically stored and managed within ContractWorks, which handles access control and secure storage. The combined system provides full visibility into contract data, including tracking, reporting, and renewal reminders. Integration with eSignature tools ensures a smooth transition from approval to execution. AXDRAFT helps streamline legal workflows while maintaining accuracy and accountability. It reduces reliance on manual processes and improves operational efficiency. Overall, it delivers a connected solution for managing contracts from creation to completion.
Description
Open Contract Manager (OCM), built on the Alfresco platform, is an open-source solution focused on contract management that enables organizations to draft, assess, supervise, and finalize agreements with their vendors and suppliers. This versatile solution can be deployed either on the Cloud, utilizing Alfresco's usage-based pricing, or on-premises through an Alfresco Enterprise Edition subscription, providing businesses with the scalability and flexibility they need. For a prominent bank in Singapore, we developed a tailored Contract Management and Procurement system that significantly enhanced operational efficiency by integrating tax and legal frameworks from over five Asian countries, offering support in three languages, and achieving a remarkable 70% reduction in total cost of ownership compared to proprietary technology solutions. In addition, we successfully migrated more than 5000 legacy contracts using an automated migration tool. Our clients have seen substantial benefits from our knowledge and experience, as detailed in our comprehensive literature. We also maintain a library of components, frameworks, and products designed to facilitate quicker deployments, ensuring that organizations can quickly adapt to their contract management needs. Through these resources, we aim to empower businesses to streamline their contract processes and improve overall effectiveness.
API Access
Has API
API Access
Has API
Integrations
ContractWorks
Pricing Details
$600 per month
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Onit
Founded
2011
Country
United States
Website
www.onit.com/products/clm/axdraft/
Vendor Details
Company Name
CIGNEX
Founded
2000
Country
United States
Website
www.cignex.com
Product Features
Contract Management
Buy Side (Suppliers)
Completion Tracking
Compliance Tracking
Contract Lifecycle Management
Electronic Signature
Full Text Search
Government Contracts
Pre-built Templates
Sell Side (Customers)
Specialty Contracts
Version Control
Workflow Management
Product Features
Contract Management
Buy Side (Suppliers)
Completion Tracking
Compliance Tracking
Contract Lifecycle Management
Electronic Signature
Full Text Search
Government Contracts
Pre-built Templates
Sell Side (Customers)
Specialty Contracts
Version Control
Workflow Management