ContractS CLM logo

ContractS CLM

by ContractS · Since 2017
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ActiveAvailable globallyCloud
Quick facts
VendorContractS
Year launched2017
StatusActive
LocationIcertis Headquarters: 14711 NE 29th Pl #100, Bellevue, WA 98007, United States
Countries servedGlobal
Languages1
Integrations21+
Free tier
Free trial
Contact salesYES

About ContractS CLM

ContractS CLM is a cloud-based contract management software from ContractS that aims to simplify contract operations. It provides process automation, improved storage and management, and an AI agent, so organizations can manage their contract-related tasks efficiently. With ContractS CLM, users can oversee the entire lifecycle of contracts, addressing challenges in creation, execution, approval, and management without focusing solely on individual contract issues. Additionally, it serves as a centralized platform for news, updates, and event information related to contract management. Key capabilities: process automation improved storage and management AI agent centralized news updates event and seminar management Best for: organizations that need comprehensive oversight of contract operations.

ContractS CLM is a **cloud-based contract management system** designed to streamline contract-related workflows, from **creation and approval to signing, updating, and overall management**. It aims to **optimize contract lifecycle management (CLM)** by providing a centralized platform for handling contracts efficiently. The **user interface** appears to be structured for ease of use, offering **clear navigation and visibility into contract statuses**. It allows businesses to **customize workflows** to fit their specific needs, ensuring that contract details, related documents, and past interactions are easily accessible. In terms of **functionality**, ContractS CLM provides **automated contract processing, centralized data storage, and compliance management**. It helps reduce manual errors and **enhances collaboration** by integrating various contract-related tasks into a single platform. Regarding **performance and reliability**, the system is designed to **handle large volumes of contracts efficiently**, ensuring **quick access to contract data and seamless processing**. It also offers **robust security features**, including **access control and encryption**, to protect sensitive contract information. For **integration and compatibility**, ContractS CLM supports **API-based integrations**, allowing businesses to connect it with other enterprise tools.

Pros & Cons

What users like
  • +1. It offers a centralized cloud-based platform for managing the entire contract lifecycle.
  • +2. Seamless integration with Microsoft Word allows users to work with a familiar interface.
  • +AI OCR functionality automates the extraction of data from uploaded contracts
What users flag
  • 1. Utilizing AI review tools requires separate subscriptions to services like GVA assist or LeCHECK.
  • 2. Some potentially valuable features, such as Contract Automation and Reports and analysis, are optional.

Features

Key features

1. AI OCR
This feature automatically reads the content of uploaded contracts and populates the management ledger, significantly improving data entry efficiency and reducing errors.
2. WordEdit
Users can create and edit contracts directly within Microsoft Word, with automatic version tracking in ContractS CLM, streamlining the familiar drafting process.
3. Dashboard
Provides a centralized overview of tasks, deadlines, and progress for both individual users and the entire team, enhancing task management and visibility.
4. Approval Flow Settings
Allows for the customization of approval workflows based on company, department, and contract type, ensuring necessary approvals are obtained and visualizing the status to reduce delays.
5. Editing Room (External Sharing)
Enables secure external sharing of contract files via URL with commenting capabilities, facilitating efficient collaboration with external parties while keeping communication linked to the contract.
6. Seamless Integration with AI Review Tools
Offers integration with GVA assist and LeCHECK, allowing users to access their company's contract template clauses, checkpoints, and explanations directly within Microsoft Word for enhanced contract review.

Additional features

1. Templates
Allows users to create contract templates in Word, PDF, and HTML formats with customizable required information and mandatory input fields.
2. WordEdit
Enables contract creation and editing within Microsoft Word, with automatic version registration in ContractS CLM.
3. Dashboard
Provides a visual overview of tasks, deadlines, and progress.
4. Related contracts and attachments
Allows linking and managing related contracts (e.g., original and amendments) and associated documents like proposals.
5. Contract Review Request
Enables users to create review requests for legal affairs with pre-set input forms to ensure sufficient information is provided.
6. Evidence recording and email notification
Centralizes all contract information, approval history, and related documents, with threaded comments and the option to follow contracts for notifications.
7. Editing Room
Facilitates external sharing of contract files via URL for commenting and communication with external parties.
8. AI OCR
Automatically reads uploaded contracts and populates management ledger items.
9. Can coexist with AI review tools
Integrates with GVA assist and LeCHECK to provide clause libraries and review assistance within Word.
10. Difference comparison
Highlights differences between Word document versions in red for easy review of changes.
11. Version Control
Automatically records file versions chronologically, eliminating manual version tracking.

Pricing

Free trial
Free version
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Countries & Languages

Global
Countries served
1
Interface languages
19
Billing currencies

Interface languages

Japanese

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇯🇵JPY🇦🇺AUD🇨🇦CAD🇮🇳INR🇨🇳CNY🇨🇭CHF🇸🇪SEK🇳🇿NZD🇰🇷KRW🇸🇬SGD🇭🇰HKD🇳🇴NOK🇲🇽MXN🇹🇷TRY🇷🇺RUB🇿🇦ZAR

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