About ContractNow
ContractNow is a contract management software from Gatekeeper that helps organizations manage their contract lifecycle. It includes features such as contract repository, automated alerts, and collaboration tools so users can efficiently track and manage agreements. The platform allows for centralized storage of all contracts, ensuring easy access and retrieval. Additionally, it supports automated reminders for key dates and milestones, helping prevent missed deadlines. The collaboration tools enable teams to work together effectively during contract negotiation and review processes. Key capabilities: contract repository automated alerts collaboration tools reporting and analytics compliance tracking Best for: legal teams and procurement professionals that need to manage contracts throughout their lifecycle.
ContractNow by Gatekeeper is a cloud-based contract management solution designed to help businesses centralize their contracts, identify risks, and streamline contract execution with integrated electronic signatures. It offers features such as total contract visibility, a document extraction engine, search capabilities, contract reminders, audit trails, and more. The software ensures that all contracts are signed from anywhere at any time, making it a convenient tool for organizations looking to enhance their contract management processes. The user interface of ContractNow is designed to be intuitive and user-friendly, allowing users to navigate effortlessly through its various functionalities. The platform provides a clean and organized layout, ensuring that users can quickly access contract details, set up reminders, and manage documents without unnecessary complexity. The search engine embedded within the software enables users to locate contracts, clauses, and counterparties within seconds, making it highly efficient for contract retrieval and management. Functionality-wise, ContractNow stands out with its AI-powered document extraction engine, which allows users to upload PDFs or scanned documents and automatically extract key information to generate digital records.
Pros & Cons
- +1. No more worrying about missing contract renewal or termination deadlines.
- +2. ContractNow manages stressful auto-renew clauses effectively.
- +3. The ContractNow Team is responsive and integrates user feedback.
- +4. The dashboard offers impressive at-a-glance visibility of contract statuses.
- −1. Customization can be a bit clunky when needing to make changes.
- −2. Setting up new contracts within a supplier can sometimes lead to duplication.
- −3. Downloading large numbers of contracts and files per supplier can be a manual process.
Features
Key features
- 1. Central Contract Repository
- Provides a centralized, secure, and searchable platform to store and manage all contracts, acting as a single source of truth. This eliminates scattered contracts and improves accessibility.
- 2. Integrated eSignature (eSign)
- Offers a native eSignature solution that is fully compliant with global standards (ESIGN, UETA, eIDAS) and seamlessly integrated with contract records. This allows for faster contract execution and maintains an auditable history.
- 3. AI Extract™ Engine
- Automatically extracts key information from uploaded PDF or scanned contracts, creating a full digital contract record. This simplifies the process of digitizing legacy contracts and makes their data searchable.
- 4. Automated Renewal Reminders
- Sends timely reminders to stakeholders about upcoming contract renewals, enabling proactive negotiation and cost control. This helps prevent missed opportunities and unwanted auto-renewals.
- 5. Comprehensive Search Functionality ('Find' Engine)
- Allows users to search across all data points and within all documents from any area of the platform, with categorized results for easy reference. This makes it easy to find specific clauses, terms, or contracts.
- 6. Unlimited Users and eSign Licenses
- Offers unlimited users on all plans, promoting collaboration, and includes unlimited electronic signature licenses, facilitating widespread adoption and usage.
Additional features
- 1. Vendor Management
- Specifically designed for managing vendor contracts.
- 2. Central Contract Repository
- Stores all contracts in one secure location.
- 3. Searchable Source of Truth
- Makes it easy to find any contract or related information.
- 4. Identification of Key Clauses
- Helps users quickly locate important terms within contracts.
- 5. Integrated eSign
- Allows for electronic signing of contracts within the platform.
- 6. Cost Reduction
- Helps proactively negotiate and save on contract renewals.
- 7. Faster Contract Execution
- Speeds up the signing process with eSignature.
- 8. Understanding Your Position
- Enables searching and analyzing clause data across contracts.
- 9. Identification of Obligations & Risks
- Helps centralize and view contractual costs and risks.
- 10. Revenue Leakage Prevention
- Focuses efforts on high-risk contracts.
- 11. Counterparty BCP Capture
- Allows requesting and assessing counterparty Business Continuity Plans.
- 12. Automated Renewal Reminders
- Sends timely notifications about upcoming renewals.
- 13. Total Visibility and Control
- Records all contract activities, changes, and user interactions with audit trails.
- 14. Digitization of Legacy Contracts
- Allows uploading and converting PDF or scanned documents.
- 15. AI Extract™ Engine
- Automatically extracts key information from uploaded documents.
- 16. Native eSignature Solution
- Provides a built-in electronic signature feature.
- 17. Compliance with ESIGN, UETA, and eIDAS
- Meets legal standards for electronic signatures.
Pricing
Countries & Languages
Interface languages
Billing currencies
No reviews yet
Be the first to drop a review
Alternatives to ContractNow
Definely Draft
Definely Draft is a drafting software from Definely that supports all stages of active drafting.…
Velocious Supplier Portal
Velocious Supplier Portal is a cloud-based software from Velocious that supports supplier management and communication.…
Integral-LIS
Integral-LIS is a laboratory information system software from ENKON Information Systems Inc. that supports laboratory…
About ContractNow
ContractNow is a contract management software from Gatekeeper that helps organizations manage their contract lifecycle. It includes features such as contract repository, automated alerts, and collaboration tools so users can efficiently track and manage agreements. The platform allows for centralized storage of all contracts, ensuring easy access and retrieval. Additionally, it supports automated reminders for key dates and milestones, helping prevent missed deadlines. The collaboration tools enable teams to work together effectively during contract negotiation and review processes. Key capabilities: contract repository automated alerts collaboration tools reporting and analytics compliance tracking Best for: legal teams and procurement professionals that need to manage contracts throughout their lifecycle.
ContractNow Details
ContractNow's In-App Market Place
Does ContractNow have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
N/A
Pricing Options
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), AUD (A$)
Pros & Cons
- 1. No more worrying about missing contract renewal or termination deadlines.
- 2. ContractNow manages stressful auto-renew clauses effectively.
- 3. The ContractNow Team is responsive and integrates user feedback.
- 4. The dashboard offers impressive at-a-glance visibility of contract statuses.
- 1. Customization can be a bit clunky when needing to make changes.
- 2. Setting up new contracts within a supplier can sometimes lead to duplication.
- 3. Downloading large numbers of contracts and files per supplier can be a manual process.
ContractNow's Support Options
ContractNow's Alternatives
Definely Draft
Definely Draft is a drafting software from Definely that supports all stages of active drafting.…
Velocious Supplier Portal
Velocious Supplier Portal is a cloud-based software from Velocious that supports supplier management and communication.…
Integral-LIS
Integral-LIS is a laboratory information system software from ENKON Information Systems Inc. that supports laboratory…
