18 Best Contract Automation Software Reviewed In 2024
10 Best Contract Automation Software Shortlist
Here's my pick of the 10 best software from the 18 tools reviewed.
Our one-on-one guidance will help you find the perfect fit.
Contract automation software is a valuable asset for any company. With the right software, teams can increase efficiency and reduce manual errors in contract management. But finding the right contract automation software can be a challenge, especially with so many options available.
Using my experience with revenue operations software, I tested and compared several of the top contract automation software available. From there, I compiled my results into detailed reviews to help you find the best software for your needs.
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Best Contract Automation Software Summary
This comparison chart summarizes pricing details for my top contract automation software selections to help you find the best one for your budget and business needs.
| Tools | Price | |
|---|---|---|
| Signwell | From $8/user/month (billed annually) | Website |
| Square 9 | Pricing upon request | Website |
| ContractSafe | From $299/user/month | Website |
| Gatekeeper | From $995/month | Website |
| Icertis | Pricing upon request | Website |
| Contract Logix | From $25/user/month (billed annually) | Website |
| Ontra | From $35/user/month (billed annually) | Website |
| Updraft | Pricing upon request | Website |
| LegalOn | Pricing upon request | Website |
| Ironclad | Pricing upon request | Website |
Compare Software Specs Side by Side
Use our comparison chart to review and evaluate software specs side-by-side.
Compare SoftwareHow To Choose Contract Automation Software
It’s easy to get bogged down in long feature lists and complex pricing structures. To help you stay focused as you work through your unique software selection process, here’s a checklist of factors to keep in mind:
| Factor | What to Consider |
| Scalability | Will the software grow with your business needs? |
| Integrations | Does it integrate with your existing tools and systems? |
| Customizability | Can you tailor the software to fit your specific processes? |
| Ease of Use | How intuitive is the software for your team to use daily? |
| Budget | Does the software fit within your financial constraints? |
| Security Safeguards | Are there strong measures to protect your data? |
| Customer Support | What level of support does the vendor offer? |
| Compliance | Does it comply with industry-specific regulations you face? |
Best Contract Automation Software Reviews
Below are my detailed summaries of the best contract automation software that made it onto my shortlist. My reviews offer a detailed look at the key features, pros & cons, integrations, and ideal use cases of each tool to help you find the best one for you.
SignWell is an e-signature solution designed for businesses that need a straightforward way to sign and manage documents electronically. It caters to small teams and individual users who require an easy-to-use platform for contract signing and document management.
Why I picked SignWell: It simplifies the e-signature process, making it ideal for those who want a no-fuss approach to electronic signing. The platform supports multiple signers, allowing you to manage complex signing and approval processes effortlessly. SignWell also offers document tracking, so you can see when your team or clients have opened and signed documents. Its intuitive interface ensures that you and your team can start using it without a steep learning curve.
Standout features & integrations:
Features include automated document workflows, allowing you to specify signing orders, track document statuses, and send automatic reminders, so contracts move smoothly from one step to the next. SignWell also offers a template library, enabling you to create reusable contract templates with placeholders, which makes contract preparation faster.
Integrations include Salesforce, Dropbox, Google Drive, Box, Evernote, Microsoft OneDrive, Slack, HubSpot, Zapier, and Trello.
Pros and cons
Pros:
- Customizable templates for consistent document preparation
- Detailed audit trails improve accountability
- Quick to set up and start using
Cons:
- Limited collaboration tools
- Basic reporting features may not meet advanced needs
Square 9 is a document management solution designed for businesses that need to organize and manage their document assets effectively. It serves industries like healthcare, finance, and education, offering tools for capturing, storing, and retrieving documents.
Why I picked Square 9: It's tailored for document management, providing features that simplify how your team handles documents. The platform includes document capture tools that help digitize paper documents quickly, and its search functionality allows you to find documents using metadata and keywords. Square 9 also offers workflow automation to streamline document processing, ensuring your team can work efficiently.
Standout features & integrations:
Features include automated workflows that simplify contract review and approval, and complex search capabilities, so you can quickly locate contracts by details like creation date or contract party. Square 9 also provides a centralized archive for all contract records, making it easy for your team to access, organize, and retain essential contract history for compliance and audit purposes.
Integrations include Microsoft Office, QuickBooks, Sage, Salesforce, Docusign, Dropbox, Google Drive, SharePoint, Box, and SAP.
Pros and cons
Pros:
- Templates for consistent contract formats
- Automated reminders help manage contract deadlines
- Supports version-controlled archives for contract history
Cons:
- Limited custom reporting options for specific metrics
- Initial setup can be time-consuming for teams
ContractSafe is a straightforward contract management software that helps businesses efficiently manage contracts without unnecessary complexity. It’s designed for legal teams, procurement departments, and business managers who need an easy-to-use platform for storing, organizing, and retrieving contracts.
Why I picked ContractSafe: The platform uses Google-like keyword searches and Optical Character Recognition (OCR), enabling you to locate contracts or specific terms quickly. This is particularly valuable for teams handling a large volume of contracts, as it reduces the time spent searching. You can also customize dashboards for a personalized view of contracts and set automated reminders for important dates like renewals, ensuring nothing slips through the cracks.
Standout features & integrations:
Features include AI-powered organization through the AI assistant, which streamlines contract setup by automatically extracting and categorizing key data. The system also offers secure, encrypted storage with full audit trails, allowing you to track contract activity with ease.
Integrations include Salesforce, QuickBooks, Docusign, Adobe Sign, Dropbox, Google Drive, Box, Microsoft OneDrive, Okta, and Slack.
Pros and cons
Pros:
- Effective automated reminders for contract renewals
- Customizable permissions and secure access controls for teams
- Fast and easy implementation with minimal training needed
Cons:
- Reporting features could be more flexible and robust
- Limited drag-and-drop functionality when uploading documents
Gatekeeper is a vendor management platform tailored for businesses seeking to streamline contract and vendor processes. It primarily serves legal, finance, and procurement teams, offering solutions for contract lifecycle management and compliance tracking.
Why I picked Gatekeeper: It excels with its compliance tracking capabilities, making it ideal for industries with strict regulatory requirements. Gatekeeper’s compliance tracking tools, which ensure contracts meet industry standards. The platform's interface is intuitive, minimizing the learning curve and boosting adoption.
Standout features & integrations:
Features include AI-powered data extraction, automated workflows for contract processes, and a user-friendly e-signature solution. Gatekeeper’s self-service portals allow vendors and employees to manage their own data, freeing up your team’s time while maintaining a comprehensive audit trail and full visibility over contract processes.
Integrations include Salesforce, NetSuite, Slack, Google Drive, Dropbox, Microsoft Teams, Box, Okta, Zapier, and QuickBooks.
Pros and cons
Pros:
- Advanced contract sorting by multiple criteria
- Highly customizable workflows for various needs
- Allows bulk importing for faster setup
Cons:
- Custom reporting options could be more flexible
- Setup may require external help for advanced workflows
Icertis is a contract lifecycle management software tailored for large enterprises that require comprehensive management of complex contract portfolios. It caters to procurement, legal, and compliance teams, offering solutions that cover the entire contract lifecycle.
Why I picked Icertis: It’s ideal for enterprises due to its scalability and ability to handle a high volume of contracts. The platform features a flexible workflow engine that supports complex contract management processes. Its advanced analytics provide insights that help your team make data-driven decisions. Additionally, Icertis offers a robust compliance framework, ensuring that all contracts adhere to industry regulations.
Standout features & integrations:
Features include rule-based automation to standardize clauses and create tailored approval workflows, reducing manual effort across high-volume contracts. Icertis further supports post-signature tracking with automated alerts and monitoring, helping your team stay on top of contract renewals and obligations over time.
Integrations include Salesforce, Microsoft Dynamics 365, SAP Ariba, Oracle, IBM, Workday, Docusign, Adobe Sign, Coupa, and Slack.
Pros and cons
Pros:
- Intelligent clause recommendations
- Efficient deployment on a secure cloud platform
- Advanced risk management and compliance tracking
Cons:
- Occasional complexity in setting up multi-department workflows
- Limited flexibility in ad-hoc contract creation without templates
Contract Logix is a contract management solution designed for organizations that need to efficiently manage the entire contract lifecycle. It caters to legal, procurement, and compliance teams, offering functionalities to streamline contract creation, tracking, and management.
Why I picked Contract Logix: This platform is good for its contract lifecycle management features, which help ensure your contracts are handled from start to finish. The platform provides automated alerts and notifications to keep your team updated on contract milestones, and its document management system allows you to store and retrieve contracts easily. With customizable templates, your team can create contracts that suit your specific business needs.
Standout features & integrations:
Features include AI-driven data extraction, which quickly identifies and auto-populates critical contract details, reducing the need for manual data entry and minimizing errors. The platform also provides a visual workflow designer, allowing your team to customize contract workflows with a simple drag-and-drop interface for notifications, approvals, and document reviews.
Integrations include Salesforce, Microsoft Dynamics 365, QuickBooks, SAP, Oracle, Docusign, Adobe Sign, Box, Dropbox, and Google Drive.
Pros and cons
Pros:
- Real-time collaboration tools improve contract negotiation
- Centralized digital repository offers quick, secure access
- Customizable workflows allow tailored contract processes
Cons:
- Mobile access somewhat limited
- May require additional training for non-technical teams
Ontra is a contract automation and management platform tailored for legal departments looking to streamline their contract workflows. It serves legal professionals by providing tools for drafting, reviewing, and managing legal documents efficiently.
Why I picked Ontra: It's specifically designed for legal departments, offering features that cater to the unique needs of legal professionals. Ontra includes a contract negotiation platform that simplifies the process of making amendments. Its AI-driven analytics help your team understand contract risks and opportunities. The platform also offers a centralized repository for storing and accessing legal documents, ensuring that everything is organized and accessible.
Standout features & integrations:
Features include AI-powered automation that assists in contract review and negotiation, designed specifically to handle the complexities of private market agreements. Your team can rely on real-time data and contract insights, thanks to Ontra’s extensive library of private equity terms, which helps benchmark and guide contract management decisions.
Integrations include Salesforce, Microsoft Dynamics 365, NetSuite, SAP, Docusign, Adobe Sign, Box, Dropbox, Google Drive, and OneDrive.
Pros and cons
Pros:
- Customizable automation for different contract types and needs
- Easy onboarding process with ongoing playbook support
- Provides real-time visibility into contract statuses and key terms
Cons:
- Customization for specific workflows may require setup time
- Limited reporting capabilities for in-depth contract insights
Updraft is a contract automation tool designed for small businesses that need a straightforward solution to manage contracts efficiently. It caters to business owners and small teams, offering tools for drafting, tracking, and managing contracts.
Why I picked Updraft: It's tailored for small businesses, providing features that align with the needs of smaller teams. Updraft offers a simple contract drafting tool that your team can use for authoring contracts without extensive training. The platform also includes tracking capabilities so you can monitor contract status easily.
Standout features & integrations:
Features include an automated contract drafting engine, which drastically reduces drafting time by using questionnaire-based templates, allowing non-legal staff to generate compliant contracts quickly. The platform also includes inbuilt compliance tools that generate related business and compliance documents simultaneously, ensuring each contract is accompanied by accurate compliance documentation.
Integrations include Salesforce, QuickBooks, Google Drive, Microsoft OneDrive, Dropbox, Box, Slack, Zapier, Docusign, and Adobe Sign.
Pros and cons
Pros:
- Real-time contract access without archiving requirements
- Secure digital signatures with legal verification options
- Easy-to-use questionnaire-based contract creation
Cons:
- Reporting options are basic, lacking granular detail
- Limited customization for advanced or unique contract structures
LegalOn is a contract analytics platform designed for legal teams and businesses needing powerful tools to analyze and manage their contract data effectively. The platform caters to legal professionals by delivering AI-powered solutions that streamline contract review, identify risks, and enhance decision-making.
Why I picked LegalOn: The platform stands out for its contract analytics, which allow teams to quickly gain insights into key metrics. It offers customizable AI playbooks and redlining features, which adapt to your legal team’s specific preferences and risk tolerances. LegalOn also excels at identifying risks and opportunities within contracts, providing actionable insights through its intuitive dashboard, which centralizes contract access and tracks all relevant metrics and milestones.
Standout features & integrations:
Features include AI-powered contract redlining, which generates precise edits based on your risk preferences, reducing manual review time. The platform also offers a robust version control system, enabling seamless collaboration across teams, with automatic version tracking and real-time updates.
Integrations include Salesforce, Microsoft Dynamics 365, NetSuite, SAP, DocuSign, Adobe Sign, Google Workspace, Box, Dropbox, and Slack.
Pros and cons
Pros:
- Advanced security, compliant with SOC 2 Type II, GDPR, and CCPA
- Integration with Microsoft Word makes for easy adoption
- Highly accurate AI, trained by legal professionals
Cons:
- Customization of playbooks can take time and add complexity
- Initial learning curve for users not accustomed to AI tools
Ironclad is a contract lifecycle management platform designed for businesses that need to automate and integrate their contract workflows digitally. It serves legal and procurement teams, helping them manage contracts from creation through to execution.
Why I picked Ironclad: Its strength lies in digital workflow integration, facilitating smooth transitions between contract stages. The platform offers a workflow designer that lets your team set up custom workflows easily. Ironclad also features a document editor that supports real-time collaboration. Additionally, its dashboard provides a comprehensive view of all contract activities, ensuring your team stays informed.
Standout features & integrations:
Features include a dynamic repository, where contracts and their histories are stored, ensuring quick retrieval and version tracking for compliance. Its advanced analytics tool provides insights into contract metrics and lifecycle efficiency, enabling teams to identify bottlenecks and improve processes continually.
Integrations include Salesforce, Docusign, Adobe Sign, Google Drive, Box, Dropbox, Slack, Microsoft Teams, SAP, and Oracle.
Pros and cons
Pros:
- Secure document management with strong version control
- Real-time collaboration for efficient team reviews
- Easily customizable workflows for varied contract types
Cons:
- Complex setup process that may be time consumin
- Limited notification customization for contract deadlines
Other Contract Automation Software
Here are some additional contract automation software options that didn’t make it onto my shortlist, but are still worth checking out:
- DealHub
For sales teams
- DiliTrust Governance Suite
For secure data storage
- Juro
For contract collaboration
- CobbleStone Contract Insight
For contract lifecycle
- Concord
For legal compliance
- Agiloft
For customization options
- Docusign CLM
For electronic signatures
- PandaDoc
For sales documents
Related Reviews
If you still haven’t found what you’re looking for here, check out these other tools that we’ve tested and evaluated:
Contract Automation Software Selection Criteria
When selecting the best contract automation software to include in this list, I considered common buyer needs and pain points like ease of contract management and compliance with industry regulations. I also used the following framework to keep my evaluation structured and fair:
Core Functionality (25% of total score)
To be considered for inclusion in this list, each contract management system had to fulfill these common use cases:
- Create and edit contracts
- Store and organize documents
- Automate contract workflows
- Track contract status and deadlines
- Ensure compliance with regulations
Additional Standout Features (25% of total score)
To help further narrow down the competition, I also looked for unique features, such as:
- Customizable reporting tools
- AI-driven contract analysis
- Advanced search capabilities
- Integration with third-party apps
- Mobile access and functionality
Usability (10% of total score)
To get a sense of the usability of each contract management platform, I considered the following:
- Intuitive user interface
- Ease of navigation
- Minimal learning curve
- Accessibility across devices
- Clear and concise instructions
Onboarding (10% of total score)
To evaluate the onboarding experience for each platform, I considered the following:
- Availability of training videos
- Interactive product tours
- Access to chatbots for support
- Comprehensive user templates
- Scheduled webinars and workshops
Customer Support (10% of total score)
To assess each software provider’s customer support services, I considered the following:
- 24/7 availability of support
- Multiple support channels
- Response time to inquiries
- Quality of support documentation
- Availability of a dedicated account manager
Value For Money (10% of total score)
To evaluate the value for money of each platform, I considered the following:
- Competitive pricing structure
- Features offered at each price tier
- Availability of discounts or bundles
- Cost compared to similar tools
- Return on investment potential
Customer Reviews (10% of total score)
To get a sense of overall customer satisfaction, I considered the following when reading customer reviews:
- Consistency of positive feedback
- Commonly mentioned pain points
- Overall rating scores
- Frequency of updates and improvements
- Testimonials regarding customer support
Trends In Contract Automation Software
In my research, I sourced countless product updates, press releases, and release logs from different contract automation software vendors. Here are some of the emerging trends I’m keeping an eye on:
- AI-Driven Analytics: AI is increasingly being used to provide insights into contract data, helping users identify risks and opportunities. This makes it easier for legal teams to make informed decisions quickly. Vendors like LegalOn are incorporating AI to enhance contract analytics capabilities.
- Blockchain for Security: Some tools are exploring blockchain technology to enhance contract security and transparency. This trend is particularly relevant for industries requiring high levels of data integrity and trust. Companies are looking into blockchain to ensure document authenticity.
- Smart Contract Integration: The rise of smart contracts is allowing for automatic execution of contract terms. This feature is becoming popular in industries like finance, where conditions can be programmed to trigger actions without human intervention, providing efficiency and reducing errors.
What Is Contract Automation Software?
Contract automation software is a set of digital tools designed to automate and manage the lifecycle of contracts. Legal professionals, procurement managers, and compliance officers typically use these tools to reduce manual workload and ensure accuracy in contract handling. Automated workflows, AI-driven analytics, and secure document storage help with risk management, efficiency, and data security. Overall, these tools offer users a way to handle business contracts more efficiently, saving time and reducing errors.
Features Of Contract Automation Software
When selecting contract automation software, keep an eye out for the following key features:
- Automated workflows: Streamlines the contract process by automating repetitive tasks, saving time and reducing errors.
- AI-driven analytics: Provides insights into contract data to help identify risks and opportunities, enabling informed decision-making.
- Secure document storage: Ensures that all contracts are stored safely and can be retrieved easily, protecting sensitive information.
- Customizable templates: Allows users to create contracts that fit specific business needs, improving efficiency and consistency.
- Real-time collaboration: Enables multiple users to work on contracts simultaneously, facilitating teamwork and faster completion.
- Compliance tracking: Monitors contracts to ensure they meet industry regulations, reducing legal risks and maintaining standards.
- Contract lifecycle management: Manages contracts from creation to execution, ensuring a smooth process and oversight throughout.
- Advanced search capabilities: Helps users quickly find specific contracts or details using keywords or metadata, saving time.
- Alerts and notifications: Keeps users informed of contract deadlines and milestones, preventing missed opportunities or obligations.
Benefits Of Contract Automation Software
Implementing contract automation software provides several benefits for your team and your business. Here are a few you can look forward to:
- Time savings: Automated workflows reduce the need for manual tasks, allowing your team to focus on more important activities.
- Improved accuracy: AI-driven analytics and compliance tracking help minimize errors, ensuring contracts are precise and reliable.
- Enhanced security: Secure document storage protects sensitive contract information, giving you peace of mind.
- Better collaboration: Real-time collaboration features let team members work together efficiently, speeding up the contract process.
- Increased compliance: Compliance tracking ensures all contracts meet industry standards, reducing legal risks.
- Greater insight: Advanced analytics provide valuable insights into contract data, helping you make informed business decisions.
- Efficient management: Contract lifecycle management organizes every stage of a contract, simplifying oversight and administration.
Costs And Pricing Of Contract Automation Software
Selecting contract automation software requires an understanding of the various pricing models and plans available. Costs vary based on features, team size, add-ons, and more. The table below summarizes common plans, their average prices, and typical features included in contract automation software solutions:
Plan Comparison Table for Contract Automation Software
| Plan Type | Average Price | Common Features |
| Free Plan | $0 | Basic document storage, limited templates, and email support. |
| Personal Plan | $5-$25/user/month | Document storage, basic analytics, e-signatures, and customizable templates. |
| Business Plan | $30-$75/user/month | Advanced analytics, workflow automation, compliance tracking, and integrations. |
| Enterprise Plan | $100-$200/user/month | Full contract lifecycle management, AI-driven insights, dedicated support, and advanced security. |
Contract Automation Software FAQs
Here are some answers to common questions about contract automation software:
How does contract automation software integrate with existing systems?
Contract automation software typically offers integrations with popular platforms like Salesforce, Microsoft Dynamics, and Google Workspace. These integrations help ensure that your contract data flows smoothly between systems, reducing manual data entry and errors. Before choosing a software, check if it integrates with the tools your team already uses.
Can contract automation software handle complex contracts?
Yes, many contract automation tools are designed to manage complex contracts with multiple clauses and stakeholders. They offer features like clause libraries, version tracking, and automated workflows to handle intricate contract requirements. Make sure to select a solution that supports the complexity level your business requires.
What kind of security measures does contract automation software provide?
Most contract automation software includes security measures like data encryption, access controls, and audit trails. These features help protect your sensitive contract data from unauthorized access and ensure compliance with industry regulations. Always review the security features of a software to ensure they meet your organization’s standards.
How can contract automation software improve compliance?
Contract automation software helps improve compliance by tracking regulatory requirements and ensuring contracts meet these standards. Automated alerts and compliance checks notify your team of any potential issues. This reduces the risk of non-compliance and helps maintain a consistent standard across all contracts.
What support options are available for contract automation software?
Support options vary by vendor but often include email support, live chat, phone support, and dedicated account managers. Some providers also offer onboarding assistance, training materials, and community forums to help your team get the most out of the software. Consider the level of support you need when evaluating different solutions.
Is it possible to customize contract templates within the software?
Yes, most contract automation software allows you to customize contract templates to fit your business needs. You can modify clauses, add branding elements, and create templates for different contract types. This customization helps ensure consistency and saves time when drafting new contracts.
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