In this blog post, we are going to see about contract analysis software, its features and the best contract analysis software which is in trend with its pricing details
Table of Contents:
- What is Contract Analysis Software?
- Features of Contract Analysis Software
- Top 10 Contract Analysis Software
- Conclusion
What is Contract Analysis Software?
Contract Analysis Software Helps in maintaining all contract data and it provides insights based on contract data. It helps companies to track the terms and maintain consistency throughout all of their contracts.
This type of software is a combination of artificial intelligence and natural language understanding which is a part of machine language, so it results in minimization of risk in the contract.
Features of Contract Analysis Software:
- This software automates all the time consuming manual processes, so no human errors.
- Contract analysis software helps companies to analyse all contract related terms and under a single dashboard so expiration, termination and extension of contract can be effective.
- It effectively generates custom reports based on the extracted contact information, so it results is effective analysis.
- Identify and organise all contracts to eliminate duplicates, so teams can focus on their work instead of organising the content.
Top 10 Contract Analysis Software:
1. LinkSquares
LinkSquares is one of the best ends to end contract analysis software integrated with the contract lifecycle management platform.
It provides an entire portfolio of the contracts under a single dashboard, so easy monitoring of every stage of the contract lifecycle.
Features of LinkSquares:
- Easy integration with systems like CRM.
- It offers pre signature and posts signature functionality, full-text search, contract templating, self size drafting and custom reporting features, so all contract related functions are used under a single system
- Top companies like Bottomline, DraftKings, Fitbit, Igloo, Pegasystems are using link square to maintained the contracts effectively
G2 Rating: 4.7 out of 5 stars
Pricing: We have to contact link square to get custom pricing
2. SirionOne contract management software
SirionOne is the leading smarter contract management software. It integrates sales, procurement and all other types of enterprise contracts on an AI-powered single platform.
Features of SirionOne:
- It automatically tracked renewable and expiration of a contract, so a contract can be effectively managed
- The software allows easy access to contracts anytime and provides the best business insights, So customer relationships can be maintained effectively
- It has a prebuilt integration adaptor for CRM, ERP, so an easy processing system
- Enterprise can enable the contract data anywhere and anytime, so easy processing
- It allows to track the financial impact of obligation performance including payments and penalties of contracts, so teams cannot miss single renewal
G2 Rating: 4.5 out of 5 stars
Pricing: We have to contact them for pricing details
3. DocuSign Contract Analysis Software
Docusign contract analysis leading e signature solution and it is partnered with seen software which is one of the leading contract analytics and artificial intelligence Technology providers.
With the power of AI, they are providing the best agreement process online.
Features of DocuSign Contract Analysis Software:
- They integrate their e signature software with AI so so they are providing the best agreement process in digital platform
- DocuSign provides best integrations for automating and connecting the entire agreement process under a single system
- It provides easy integration with Microsoft, Salesforce, Google, Apple so work can be done from anywhere anytime
- DocuSign provides a free trial for 30 days, so we can give it a try and buy it.
G2 Rating: 4.3 out of 5 stars
Pricing: The starting price costs $10/month
4. Affinitext Contract Analysis Software
Affinitext provides an ai-enabled intelligent document format so readers can easily understand the content of the document. It is made with readers in mind, so it is far better than normal word and pdf documents.
Features of Affinitext Contract Analysis Software:
- It transforms the most valuable and critical business documents into intelligent document format, so it can be easily Managed with fewer efforts
- The software provides high security for documents, so staffs can easily work on it
G2 Rating: 4.5 out of 5 stars
Pricing: We have to contact them to get customized pricing plans
5. IntelAgree Contract Analysis Software
IntelAgree is the best AI-powered contract lifecycle management software. It optimises and automates every part of the contract process, so teams can do the work effectively.
Features of IntelAgree Contract Analysis Software:
- It has a machine learning feature which extracts key terms from contracts, so it results in easy optimization.
- This software has workflow automation so each and every process can be under continous workflow
- Custom dashboard feature enables a full view of contract lifecycle under a single dashboard.
G2 Rating: 4.8 out of 5 stars
Pricing: We have to contact IntelAgree to get pricing details
6. Malbek Contrax
Malbek Contrax Is one of the best modern contract lifecycle management to solve contract management problems.
Effective integration with artificial intelligence so so we get the insights and guidance to build more effective contracts
Features of Malbek Contrax:
- Easy integration with MS Word for online editing tools, so easy editing of contract documents
- This software also provides tracking and approval of contracts with mobile, so tracking and maintenance of contract is effective.
- It provides automated contact reminders so contract management can be effective
G2 Rating: 4.7 out of 5 stars
Pricing: Customised pricing facility based on company size, requirements and integrations
7. Contract Wrangler
Contract Wrangler is one of the AI-powered contract performance platforms that helps to maximize revenue control spend and protects against risk.
Features of contract Wrangler:
- It captures complex contract data and transforms it into alerts and tasks, so we can keep contract effectively without any problem
- The software provides full visibility into all the contract information, so users can verify each and every detail of the contract in depth
G2 Rating: 4.4 out of 5 stars
Pricing: We have to contact the contract wrangler to get pricing details
8. Evisort Contract Analysis Software
Evisort Is the leading provider of contract management software because it uses with AI technology which helps legal sales finance and IT teams so they can work effectively
Features of Evisort Contract Analysis Software:
- It is a contract intelligence platform that Delivers ROI in 30 days
- Using AI you can easily track and search metadata, so effective elimination of manual data entry process
- Teams can easily draft, Redline, approve, Sign and renew contracts effectively, so they can maintain easy workflow.
G2 rating: 4.7 out of 5 stars
Pricing: Customized plans based on customer requirements
9. Gatekeeper
It is a contract management and vendor management solution because it helps businesses to gain maximum value from their contacts and supplier relationship
Features of gatekeeper:
- This software allows users to store all supplier and contract data under a single source
- Minimization of risk with the help of Artificial Intelligence and machine learning facilities, so the contract will be rick free.
- It has a built-in communication platform so all your messages regarding suppliers or keep in record
- The software provides a vendor management solution with which all the vendor data and the business relationship details or maintained under a single dashboard
- It has a integrated solution, so speeding up the contract process is possible
G2 Rating: 4.4 out of 5 stars
Pricing: We have to contact the gatekeeper team for pricing details
10. Icertis contract management software
The software is the AI-powered platform that turns contracts from static documents into strategic documents, so connecting critical contract information and organisation details is effective.
Features of Icertis:
- With its strategy document feature we can easily sort out critical contract information, so we can never miss any contract renewal.
- It provides a continuous monitoring facility, so it is very helpful in minimising risk.
- All the contract details and business relationship details are under a single source of truth, so maintanence of contract data.
G2 rating: 4.3 out of 5 stars
Pricing: We have to schedule a call to get to know about the pricing details
Conclusion:
The contract analysis software is best for a business that wants to automate the entire contract process and minimise risk. Most of the above-mentioned software provides the best free trial feature, so you can try out and choose the best software for your organisation need. I hope you find this article helpful. To read more posts like this follow PublishSquare
