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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

Description

Contract Corridor serves as an advanced Contract Lifecycle Management (CLM) solution aimed at assisting organizations in the creation, negotiation, approval, storage, and oversight of contracts throughout their entire lifecycle. The platform simplifies pre-signature processes, which encompass activities like request intake, template-driven drafting, clause standardization, negotiation, version comparison, approvals, and obtaining signatures, while also handling post-signature responsibilities by utilizing automated alerts and notifications for significant milestones, extracting metadata, configuring workflow routing, maintaining audit trails, and generating reports. With its secure repository, Contract Corridor acts as a centralized source of truth for various entities, regions, and contract types. It is fully compatible with Microsoft 365 applications including Word, SharePoint, Teams, and Outlook, promoting seamless teamwork without causing duplication or disrupting workflows. In addition to boosting visibility and safeguarding revenue, Contract Corridor minimizes risks, enhances compliance, and equips organizations to make quicker, data-informed decisions. This comprehensive platform ultimately transforms the way contracts are managed, fostering efficiency and collaboration across the board.

Description

Key Benefits: - Quicker Revenue: 40% reduction in contract authoring time. Quicker revenue realization (18% of sales cycle spent on contracting). - Reduced Costs: Reduction in revenue leakage – 9% of the bottom line. Optimized spend & 10-12% reduction in expenses. - Improved Compliance: Reduced risk – 2% of annual costs. Real-time contractual insights for improved compliance. - End-to-end CLM platform: One platform for legal, sales & procurement teams. - Quick deployment: Simplify contracts across the enterprise in just 3 months. Features: • Distinct functionalities for both buying and selling sides of contracts, providing a unique and tailored approach. • Advanced Reporting • Contract authoring and template & clause library management. • AI-powered (NLP) contract analysis, metadata extraction, and search. • Contract repository and document management. • Contract collaboration and approval workflows. • Contract milestone and obligation tracking. • Contract renewal and expiration management. • Centralized Desk and Controlled Access to data. • Integration with other enterprise systems.

API Access

Has API Yes 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Docusign Yes 
Adobe Acrobat Sign No 
Coupa No 
Google Workspace No 
Leegality No 
Microsoft 365 Yes 
Microsoft Azure Yes 
Microsoft Dynamics 365 No 
Microsoft Excel Yes 
Microsoft Power BI Yes 
Microsoft SharePoint Yes 
Microsoft Teams Yes 
NetSuite No 
Oracle CRM On Demand No 
Oracle Fusion Cloud ERP No 
PandaDoc No 
SAP Ariba No 
SAP CRM No 
Salesforce No 
emSigner No 

Integrations

Docusign Yes 
Adobe Acrobat Sign Yes 
Coupa Yes 
Google Workspace Yes 
Leegality Yes 
Microsoft 365 No 
Microsoft Azure No 
Microsoft Dynamics 365 Yes 
Microsoft Excel No 
Microsoft Power BI No 
Microsoft SharePoint No 
Microsoft Teams No 
NetSuite Yes 
Oracle CRM On Demand Yes 
Oracle Fusion Cloud ERP Yes 
PandaDoc Yes 
SAP Ariba Yes 
SAP CRM Yes 
Salesforce Yes 
emSigner Yes 

Pricing Details

$350
Enterprise: Contact Sales
Core Basic: $350 per month
Free Trial Yes 
Free Version No 

Pricing Details

SaaS model
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

Contract Corridor

Founded

2020

Country

South Africa

Website

contractcorridor.com

Vendor Details

Company Name

SimpliContract

Founded

2020

Country

United States

Website

simplicontract.com

Product Features

Contract Management

Buy Side (Suppliers) Yes 
Completion Tracking Yes 
Compliance Tracking Yes 
Contract Lifecycle Management Yes 
Electronic Signature Yes 
Full Text Search Yes 
Government Contracts Yes 
Pre-built Templates Yes 
Sell Side (Customers) Yes 
Specialty Contracts Yes 
Version Control Yes 
Workflow Management Yes 

Product Features

Contract Management

Buy Side (Suppliers) Yes 
Completion Tracking Yes 
Compliance Tracking Yes 
Contract Lifecycle Management Yes 
Electronic Signature Yes 
Full Text Search Yes 
Government Contracts No 
Pre-built Templates Yes 
Sell Side (Customers) Yes 
Specialty Contracts Yes 
Version Control Yes 
Workflow Management Yes 

Alternatives

Alternatives

Simplify Contracts Reviews

Simplify Contracts

Exsellant Software