Best Contract Lifecycle Management (CLM) Software of 2024

Tomorro reduces the time spent managing contracts and gives companies greater control over legal and financial risk. Tomorro’s contract editor offers dynamic content insertion, in addition to the traditional word processing features. Manage editing rights and make your templates available to specific teams. Tomorro creates generation forms for each of your models automatically, so you will never receive a contract with missing data. Create dynamic document templates that generate the correct contract based on responses from generation forms. Manage all stages of negotiation on one platform and streamline communication between your teams up until the signature.

Create your own contract or download one of our free attorney-drafted templates. Our eSignature feature is super handy and makes signing contracts a breeze. You can access them whenever you like. Make your contracts work for you, not the other way round. Understanding your contract data is easy with a calendar, dashboard, and termination reminders. Zoey provides remote access and electronic signatures from anywhere. Zoey will let you know where your contract has a high risk and when it is about to expire. Zoey's digital file cabinet will help you to protect your contracts from natural disasters. Zoey offers the only solution that allows you to eSign securely, save your contracts and easily understand them. Create a free account to enjoy peace of mind.

People who have difficulty getting work done using standard email and want an alternative to expensive, complex software products that can only be used by a trained professional like DocMinder®, will find it useful. DocMinder®, a patent-pending task management tool, was developed by Word-Tech, Inc. It allows you to track and manage tasks related documents, with built-in features like tracking, reporting, workflow capabilities, and reporting. This tool can be used through any email, whether it is hosted in the cloud or on-premise. You can easily manage multiple projects and organize team activities with a flexible solution that offers an intuitive interface. Integrate with existing systems like email, document management, and databases to see what's going on at each stage of your project. You can also manage your team's workload. DocMinder makes it easy to quickly and easily create new projects, workflows, assign items, and more.

Legal Track has an Enterprise Legal Management System, or ELM, which does everything. What is an ELM system, you ask? ELM covers all aspects of a legal department's operation. This includes contract management (CLM), litigation management (e-Billing), regulatory compliance (subpoena management), and contract lifecycle management. Legal Track integrates with Microsoft Outlook, Office 365 and OneDrive. This allows for a simpler user interface and a quicker learning curve. The corporate legal departments have to "juggling and struggle" with multiple software programs in order to manage their business processes. Other departments use Excel spreadsheets along with a variety of Windows folders. All of this adds stress to an already stressful job, and reduces productivity. These factors, when combined, can have a negative impact on your bottom line, i.e. costs.

SAP Ariba's platform capabilities and infrastructure are market-leading and secure. They make it easy to provide the procurement solutions that your users need for better purchasing. The data-driven, intelligent SAP Ariba platform gives you more control and compliance. Your employees don't have to be unable to buy as easily or have more control over procurement. The SAP Ariba platform's intelligent capabilities and predictive analytics allow you to transform and tailor your processes so that buyers can operate in self-service mode. You can rest assured that your procurement policies and guidelines are being followed. SAP Ariba provides user-friendly procurement solutions that provide timely, compliance-boosting insights that enable your organization make rational, intelligent and compliant purchasing decisions.

Universal Contract Manager (UCM), a cloud-based Contract Lifecycle Management tool, is the ideal solution for your company. UCM is flexible and extensible, so you can create a central database with all your active contracts or manage the entire contracting process. UCM is a central repository of all contracts that will serve as a framework for managing the entire lifecycle and components of contracts. UCM's intuitive design makes it easy for users to access and manage their "universe", of contracts. Never miss an important milestone, expiration or cancellation term. You can set up rules to match any notification pattern and have staff notified at the specified time. UCM's Collaboration feature and customizable workflows make it easy to create an environment conducive to efficient collaboration.

The Pims Contract Management module records, monitors, and tracks project commitments like contracts, sub-contracts purchase orders, purchase orders, frame agreements, call offs, and frames. It is important to have a complete overview of all contracts and the information contained within them during a project. Contract Management provides this overview. All this information is centralized to give you a unique overview of the project's categorized commitments, variations, contract milestones, implementation plans, and actuals for the contracted. This module, along with the Cost Management module, will give you both a complete overview of the project and details for each contract in the project. It will help you build a solid foundation for your overall project forecast by tracking the contract forecast and all the commitments. To manage commitments and fund each one, procurement and cost engineers can both work in the same system.

Ultria CLM automates the contract lifecycle, from initiation to execution and even post-award. The integrated, effective contract management system maximizes contract utilization by sharing every contract with all departments, including procurement, finance, legal, and sales. You can manage contracts at scale by reducing turnaround times, centralizing storage, mitigating risk, and maximising return on contract assets. It is difficult for businesses to keep close control of multiple contracts and their execution. Ultria Enterprise Contract Management Software helps you centralize contract storage, track compliance across multiple dimensions, reduce turnaround times, and improve contract turnaround times. Ultria CLM fosters collaboration in the contract management process. It unites all contracting functions, such as Legal, Procurement, Sales, and Human Resources, on one platform. It can also be integrated with other enterprise systems.

Every contract review is a time-saving and risk-free process. DocJuris is an intracontract negotiation space that empowers legal and procurement teams to close deals quickly and accurately. DocJuris' end to-end negotiation tools are made for teams that require speed and precision. Fortune 500 companies negotiate approximately 5,000+ contracts each year. This adds up to 25,000+ hours spent comparing, tracking, and redlining contracts, with thousands of wasted hours. The state-of-the art contract editor allows teams to collaborate, edit and track-change contracts online. Our APIs allow you to import and export contracts from existing systems or CLM. Each contract review is paired to a knowledge pane that includes policies, playbooks, precedent, and precedent. DocJuris offers suggestions for revisions and allows users one-click to redline contracts.

Contract Management Reimagined. Transforming contract management from old-fashioned to state-of the-art. Analytics, Clause Library, and AI Malbek make contract authoring simple and quick. The solution offers pre-approved language, terms and automated clauses. AI and analytics allow you to harness the power of data in your contracts. Malbek's contract software makes it possible for you to increase contract effectiveness. Review and Approval Malbek’s contract management software makes contract approval and review easy and flexible. This ensures that the right people are included at every stage of your contracting process. Redlining and version control make it easy for changes to be identified, which protects the contract's value. This means that you won't lose sight of where a contract stands during the review and approval process. We help you keep your contracts moving, which is the best part!

SpotDraft is an end to-end contract automation platform that allows organizations to seamlessly draft, review, and manage contracts. SpotDraft is helping modern legal teams to cut down on their contract turnaround times by as much as 90%. SpotDraft allows business teams to automate multiple tedious processes throughout a contract lifecycle, allowing them to focus on what really matters: growing their business. SpotDraft is creating revolutionary tools that help businesses make their contracts "come alive" and reduce the hassle of managing paperwork. Contracts are the foundation of some of the most important business relationships. Businesses spend hours drafting and negotiating contracts and chasing reminders and invoices back and forth. SpotDraft's AI-powered platform allows customers to create and sign contracts and send reminders automatically. SpotDraft can help you make your business run on autopilot.

A contract management software that adapts to your needs will speed up your contract processes, increase productivity, and help you grow your business. Our AI platform optimizes every aspect of your agreement process so your team can easily (and automatically!) create, negotiate, sign and manage your agreements. To get a complete view of all your agreements, you can use our searchable repository, contract summaries and custom dashboard. You can also instantly identify areas of concern and find opportunities to negotiate better terms with our advanced structured search capabilities and free text. Machine learning can extract, analyze, and identify key terms and clauses, increasing efficiency in the negotiation process. You can choose from standard models or build your own. This will allow you to find the right model for you, regardless of your industry or contract type.

Contracting is no longer an expensive and tedious process. Don't try to get data from your contracts. Start with data to get to revenue quicker. Your data and inputs can be used to automatically create drafts from hundreds of templates and thousands more variations. Data-first allows you to negotiate with confidence. Arteria Flow stores your playbooks and terms that you have previously negotiated to maximize efficiency and effectiveness. Arteria Flow provides real-time visibility into where your documents are in real time, regardless of how many approvals you have received. Arteria Flow allows approvers the ability to quickly and clearly work through approvals. Arteria Analyze can help you identify bottlenecks and quickly resolve them. You can speed up contracting by understanding which clauses are frequently escalated or negotiated. Legacy contracts and third-party papers still contain valuable information. Advanced AI can be used to extract this data and highlight valuable insights.

Galexy is a custom enterprise management software that can be used by corporate and in-house counsel. It includes solutions for Contract and Matter Management (E-Billing), E-Signature, Document Management and Board Management. Legal Suite is a global leader in Enterprise Legal Technology®. It supports corporate legal departments, in house counsel, and general counsel's performance by providing its expertise and support in the areas of Enterprise Legal Management (ELM), Contract Lifecycle Management, (CLM), and Governance, Risk and Compliance. Legal Suite's software is designed for in-house counsel and addresses the day-to-day requirements of legal departments. It includes: Contracts, Matter Management. Corporate Entities. Litigation. Power of Attorney. Intellectual Property. E-Billing. Legal Hold. Collaborative Portal. Legal Suite has offices in North America, Europe and the Middle East. They have over 1,500 projects and more than 20 years experience.

Since more than a decade, Ultria Team members have been using Practical Artificial Intelligence for Information Governance for leading global companies. Ultria's application practical AI to the problem of contract management was partly born out of necessity. Some customers run more than a million contract lines through their operational systems each year. Others seek support in supply chain risk analysis and M&A evaluation of customer orders. Due to the changing regulatory environment and dynamic geopolitical realignments, it was time to create an AI component that could be fully interlinked with pour CLM and also be separable for organizations whose near-term path did not include a Contract Lifecycle Management Solution. Ultria Orbit offers strategic implementation flexibility.

Every person in your company that supports, manages, or executes on contracts is responsible for maintaining accurate contract data. A contract management system that makes it easy to access contract data is the right one. RaaS empowers everyone in your organization to find answers on their own, eliminating the need to rely upon legal or other resources. You can quickly find and run reports on key terms or data across all your contracts. This reduces risk and ensures that you don't miss any important contractual obligations. The value of a contract is only the beginning. 90% of companies struggle to find their contracts. This is a staggering statistic when you consider all the details you need to know on a regular basis: key terms, renewal dates and pricing. One source of truth. So teams across your organization have the exact answers they need for every customer at their fingertips--including in CRM.

Altova ContractManager makes managing tens, hundreds, and even thousands of contracts easy and secure. Altova ContractManager makes it easy to store, manage, and search your contracts. Altova ContractManager offers complete contract management, including templates for documenting contract details, reminders, audit log, change tracking, and more. There are many benefits to having a central contract repository that all stakeholders can access securely in cloud. These include time savings, better management of related contracts, and important dates. Altova ContractManager offers an intuitive interface that is easy to use and has fields and forms that make data entry quick. You can create a common template or duplicate records to be used as a starting point. You can create fields and forms that include customizable validation of data, enumerations, and hints to help with valid data.

Volody Contract Management Software is ready to go. It can be installed immediately with both on-premise and on-cloud models. Volody Contract Management Software intelligently automates contract writing and allows users to create smart contracts by answering basic questions about contracts and defining key terms. Volody Contract Management Software allows businesses to negotiate the best terms for any type of contract. It is ideal for both buy-side and sell-side contracts. Data Science & Machine Learning-driven models ensure that users receive alerts about potential risks in contracts, thereby reducing risk. Volody Contract Management Software provides role-based dashboards that allow the user to see only what is necessary. Access to all contracts via centralized digital storage. Search and retrieve all information from any device.

ContractAI uses AI to transform contracting, greatly improving analysis, creation, and negotiation. ContractAI uses AI to automatically analyze and ingest historical contracts in order to create templates that are based on terms that have been proven to be win-win. The Analyzer app makes use of AI to help you understand negotiation boundaries, legal compliance implications, obligation intents, and permissible thresholds so that you can make better contracting choices. ContractAI reduces redlining by providing suppliers with vetted win/win clause options. Enterprises can reduce risk by streamlining the terms of negotiation using past learnings. An AI-based scoring system allows vendors to choose acceptable terms that significantly reduce legal and procedural costs.

You can create/repurpose contract templates. Our document automation solution allows you to customize/white label your contracts. Add variables to make it easier to modify your contract and make changes faster. Collect inputs from stakeholders to create a unified, cloud-based interface that is user-friendly and easy to use. Multiple users can be granted permission-based access and simultaneous edits can be made. E-signed contracts can be exchanged via a user-friendly, robust interface. If contracts have multiple signers, you can define the order of signing and track signature workflows. Create standard content based on rules and closely monitor contract negotiations with approval workflows. Secure your contracts using enterprise-grade security and role based access.

ISG GovernX®, the first third-party management platform, allows you to proactively optimize your supplier relationships, reduce risks, and manage the contract cycle with speed and agility. Take control of your third party environment, increase supplier performance, and decrease spend. Leverage ISG’s insights and knowledge derived from more than $460 million worth of enterprise client-supplier transactions. Automate the entire process of third-party risk management. Reduce your operational, reputational, and financial risk exposure by automating third-party risk management. Automating your workflow, integration and on-going notifications will make it easier to manage onboarding, assessments, remediations, performance monitoring, and reviews. Keep track of and monitor your third-party portfolio. In one dashboard, manage and orchestrate your complex third-party relationships.

iQuantum is a marketplace-ready AI/ML-powered procurement tool that gives procurement leaders full visibility into all types of spend. It offers a robust diversity spending solution that includes supplier sustainability, performance management and contract management. Its AI/ML provides predictive analytics to help you make better purchasing decisions. iQuantum's procure to pay provides a quick onboarding experience for your procurement team. Its modern design and intuitive UI experience make it easy to adopt by both suppliers and customers. Customers benefit from its global supplier database. iQuantum provides solutions that allow corporations, governments, individuals and agencies to access real-time reporting based upon classification, geography, industry codes, and other criteria. Full contract lifecycle management. Integration of third-party contracts. OCR/ML to identify high risk contracts. Document management to simplify contract templates. Available cost savings tracker

LightHub is your single point of access to a wide range of legal products. LightHub helps in-house legal, procurement and contracting teams better manage their contracts. Our platform streamlines contracting from inception, through contract generation, negotiations, and execution. LightHub was created by a group of lawyers who handle thousands of contracts annually for clients in many jurisdictions and industries. LightHub is a result of extensive experience and expertise. It understands the needs and requirements of contract managers. LightHub was born out of the struggle to create an online system capable of managing the many legal requirements involved with managing and drafting contracts. Lighthub's dedicated knowledge repository allows you to manage contracts easily and navigate through unfamiliar territory.

Webdox is the most recognized company in Latin America, offering Contract Lifecycle Management (CLM), solutions for managing agreements. We support English, Spanish, and Portuguese. Our goal is to establish fair, efficient, and transparent business relationships. Our platform connects organizations and allows them to collaborate on agreements. All requests for new contracts can be managed in one place. This allows you to connect your business areas with the legal areas, as well as with external lawyers and other areas. Standard forms can be created for use in the company. This ensures that every request is as clear and complete as possible. It also automates the generation of new contracts, annexes, or documents with the provided information.

Titan's Contract Lifecycle Management, a no-code solution, allows you to redline, edit and comment on any contract, while tracking each step in Salesforce. You can add participants to the CLM journey at any point. Contract owners can accept or reject changes in order to get the best deal for their organization. Signing healthcare contracts quickly and securely will relieve doctors, providers and patients of the pressure. Manage, review, track, and monitor every change made to the agreement directly in Salesforce. This gives you a 360-degree overview of the contract's lifecycle. With our Salesforce integration, you can see every piece of content inserted or removed in real-time. You can have multiple parties and departments collaborate in real-time on your document, so you can close deals in minutes rather than days or weeks. Word's intuitive redlining and comments tools make it easy to negotiate.