Request a Demo TRUSTED BY As rated by real users. Companies like Whatfix, MakeMyTrip, Nomura and HDFC are leveraging the SpotDraft platform to reduce turnaround time for contracting by up to 90%. It provides an AI-powered, cloud-based solution that automates the Legal Operations of a company while improving safety and minimizing the risk of legal contingencies. Link your CRM, ERP, and HRM software with DocuCollab for a highly-efficient integrated platform. Hear from the biggest voices in in-house legal today and learn what the best teams out there do. A.I. Legal and business professionals at the forefront of innovation are now operating leanly and efficiently thanks to EraCLM. SpotDraft is an end-to-end contract automation platform that helps organizations draft, review, and manage contracts, from drafting to execution and beyond. Allows for full-text search across all contracts in the repository. Get real-time business insights on all of your contract-related information with reports and dashboards. INHUBBER provides AI-powered management of contractual obligations and deliverables. With transformative technology and a modern user interface, the platform helps users accelerate contract cycles, streamline negotiation, improve visibility and enhance workflow productivity. Spotdraft has solved that problem for us. It's important that we bring passion to our work and intend to display ownership towards it. Effortlessly file your contracts with AI-powered contract analysis, obligation tracking and reporting. We believe in being outcome oriented. Our multi-language solution allows creating contracts in no time, with a cloud-based secure platform, compatible with all devices and with offline availability. This value was written with the intention of building a culture where feedback is candidly shared and actively seeked. As a result this makes it possible to improve contract effectiveness thanks to Malbeks contract management software. Purpose-built editor for reviewing contracts that is fully interoperable with MS Word. Record reasons for agreeing to certain deviations, etc. Ben Bowden | Find out how SpotDraft fares against the competition. Handling contracts from creation to completion is now easier and faster with PlainVanilla. Claims & Incident Management Real-time risk reports & heat maps, dashboard metrics, alerts, & notifications. Contract Management Reimagined. Stable and scalable, ASC Contracts eliminate process bottlenecks, allows dynamic contract creation, delivers on-demand contract/report access, offers barcode document security, automates approval workflows/notifications, and more. 17% of SpotDraft reviewers on G2 are from . featured. UserGems's competitors and similar companies include Scoop.ai, SmartDocs, Cardinal Operations and Catalyte. Ultria CLM introduces a collaborative culture of the contract management process. finance, treasury, compliance, and IT and supply chain Enforce contract standardization and compliance by uploading all of your standard contract templates into the ContraxAware, Contract Templates Library. Senior Business Development Representative. A1 Tracker is presented by the vendor as a robust & configurable risk management software offering either stand-alone or fully-integrated risk management software covering many business segments across an organization. See how contract management software can help your company transform its contracts from blockers to enablers, making your business faster, more collaborative, and more controlled. spend smarter, mitigate risk, and improve Automated reminders 90 days before the contract is about to expire to ensure renewal deadlines are not missed. The culture at SpotDraft was what stood out for me the most. Our AI-powered CLM technology is trusted by the worlds most successful organizations to manage 5 million+ contracts worth over $450 billion across 70+ countries. Leverage the most underutilized source of finance data. See what Contract Life Cycle Management SpotDraft users also considered in their purchasing decision. Ironclad charges for both implementation and anything beyond email support, and implementation usually takes a minimum of two months. Click URL instructions: In addition, AI and analytics help you use the power of the data in your contracts. Taking accountability of your work defines the determination towards it. podcast. PandaDoc headquartered in San Francisco offers their eponymous electronic signature platform for sales teams, containing sales proposal automation and CPQ (configure, price, quote) features, and integration with CRMs. The SpotDraft team has been more than amazing in helping us evaluate their platform and getting it ready for launch. Powerful customisability provides flexibility without sacrificing usability. ContractPodAi Cloud, our end-to-end legal management system, includes a smart repository, easy-to-use templates, guided workflows, auto-document generation, collaboration tools, e-signatures, third-party document review, AI analytics, reports, and alerts and reminders for important dates. actionable information that enables you to make better contracts. the business, with deep integrations and a modern collaboration platform. Odoos intuitive database is able to meet a majority of business needs, such as: CRM, Sales, Project, Manufacturing, Inventory, and Accounting, just to name a few. SpotDraft (also known as Draftspotting Technologies) is a company that develops a contract automation and management platform. resilience. Secure collaboration platform that brings all your email, redlines, and conversations together for context-rich contracting with internal and external counterparties alike. (This may not be possible with some types of ads). Mitratechs EraCLM tool turns complex and inefficient contract lifecycles into profit-optimizing assets for your organization. The passionate and ambitious people are the driving force behind the company. This is because of a lack of monitoring and oversight. Reduce costs. Remove negotiation bottlenecks and speed time to revenue with workflow automation and status transparency. Best-of-breed AI built into an end-to-end contracting platform thats as easy as a spreadsheet with the power of enterprise. Specify access to contracts based on the organization entity associated with the contract. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Increase contract cycle times. Contract Requests, Authoring, 3rd party paper or own templates, Clause libraries, AI, Review/Approve with advanced workflows, contract negotiations and eSignature. Realyst offers a combination of consulting and software to help your company implement a world-class contract management solution (CMS). CobbleStone's contract management software is an award-winning solution to track and manage contracts backed by artificial intelligence. Spotdraft has solved that problem for us. Elegant, cloud-based contract management software that makes the most of your Microsoft platform and meets users where they are. Bringing together category-leading innovations, unrivalled Contract Lifecycle Management expertise and a deep commitment to customer success, SirionLabs helps the worlds leading businesses contract smarter. Webdox is the leading company in Latin America that provides Contract Lifecycle Management (CLM) solutions for managing agreements, supporting Spanish, Portuguese and English. podcast. Gathering e-signatures is a crucial step for digital contracting. Close deals faster than ever. As a customer that comes across very positively. Adopting a new tool should never mean redundancy in processes due to overlapping software functionalities. With a focus on enterprise legal management, matter management, spend management, contract lifecycle management and legal holds, the company operates globally and helps transform the way Fortune 500 companies and billion-dollar corporate legal departments bridge the gap between systems of record and systems of engagement. Contracting made available within the tools used by your business teams. Compare SpotDraft vs LinkSquares. If you need to send the same contract, such as vendor or employee agreements, to multiple parties at the same time, you will need to manually repeat the process. By clicking Accept, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. AI that accurately learns about your contracts with only a few examples. Achieve better visibility across the contract lifecycle. Setup extraction rules. Minimize time on admin tasks, decrease costs, and realize contract benefits faster. We are not prohibitively expensive. The solution comes with a robust repository, flexible routing and approval rules, granular security controls, automatically generated reports, and more. Contracting made available within the tools used by your business teams. There is not enough information to display features. With Contra, any department, in any company, in any industry, can seamlessly draft, edit, redline, and collaborate on contracts, including; auto-generating legal documents from templates, designing approval centres, working with external collaborators and advisors, and even e-signing, tracking, and storing in a central searchable repository. Compare features, ratings, user reviews, pricing, and more from SpotDraft competitors and alternatives in order to make an informed decision for your business. Coupas cloud-native Business Spend Management Updraft is the contract management platform that cuts drafting time by up to 90%. But it has also brought significant additional benefits, particularly around the execution of template contracts. Competitive Performance Ranked 6th among 260 competitors Valuation $66.7M as on Aug 24, 2022 Employee Count 144 as on Mar 31, 2023 View historical trend Company profile of SpotDraft What does SpotDraft do? Performance & security by Cloudflare. Bigle Legal is an all-in-one Contract Lifecycle Management platform (CLM). Available as an on-premise solution and cloud-based service, CMx by Sysintellects stores all documents and contracts in a centralized repository and enables users to export contracts from the system as well as import existing contracts into the database. Insights on how long it took for the contract to move through the various stages of the contracting lifecycle. Insights on the number and types of contracts being processed by different members of the legal team. Recognized by leading industry analysts and trusted by over 10,000 plus users in different countries, PracticeLeague is one of the most comprehensive and easy-to-use LegalTech platforms today. If you are able to consistently do this, you will be 37 times better by the end of the year. Contraxx is the innovative contract management software system that manages all stages of contracts from request, thru negotiation to post signature obligation management. Complex contract workflows have never been easier, or more secure. Contra is made by App4Legal so it also integrates off-the-shelf with its Core Legal Management software, its Self-Serve Client Portal & its External Advisors Portal. We help you integrate with all the tools your team may be using, which leads to faster adoption and greater efficiency across the entire organization. Define contract-specific workflows to streamline contracting and business processes. We believe that extremely happy customers are the best lever for growth. Increase risk quotients across legal, market and procurement ROI (return-on-investment) risk quotientWe then configure and empower our contract management solutions to meet your specific procurement objectives, so that you gain the power to influence business performance. Zapendo provides enterprise-level features for Contract Management and eSignature as a self-service platform that any company can afford. At SpotDraft, our strength is our people. Enterprise-Wide collaboration between Legal & Business. Auto-extract key metadata associated with the contract such as expiration date, term of the agreement, and more. leaders deliver on these goals. Hyperlex supports your legal and operational teams in a new way of working together, 100% digital, 100% secure, so that they can devote their time to what really matters: their job. Contracting made available within the tools used by your business teams. Contracts dictate the cash flow of your entire business - leverage contract data to gain more visibility on cash flow and make better financial and risk management decisions. Other key features include Advanced Reporting and Business Intelligence, Role-Based Access Control (RBAC), Key Data Extraction, Custom Fields, Smart Search, Smart Inbox, Smart Reminders, and Multi-user Support. Manage your sensitive documents prudently. Similarly, redlining and version control make it easy to identify changes, protecting the value of the contract. Keep track of all your ongoing contracts in one centralized dashboard. View All Contacts Details Industries Computer Internet Legal Legal Tech SaaS Software Headquarters Regions Asia-Pacific (APAC) Founded Date 2017 Founders Madhav Bhagat, Rohith Salim, Shashank Bijapur Operating Status Active Last Funding Type Series A Audit trail, version management, and side-by-side version comparisons during negotiation. All signed documents can be attached to one or multiple contracts. Our dedicated support staff are there on call whenever you need assistance with the software, and our business analysts will work with your team to integrate the processes developed in your road map to ensure every possible success. Our digital contracting platform meets even the most demanding contracting needs, with unparalleled ease of use. Sign In with Microsoft. Transforming contract management from outdated to state of the art. Platform offering cloud and AI based contract management software. CLM Matrix is the easy-to-use contract lifecycle management (CLM) solution that helps companies manage their end-to-end contract processes efficiently and securely to drive better business outcomes. signNow can be integrated into popular platforms and offers SaaS, public cloud, and private cloud deployment options with the same underlying API. However, we should strive to ensure that a customer is delighted with every single interaction they have with SpotDraft. 2021 SpotDraft hit $4.6M in revenue in 2021 2017 SpotDraft launched in 2017 with $0 revenue $0 $1M $2M $3M $4M $5M 2017 2018 2019 2020 2021 $4.6M Automate time-consuming tasks like authoring, negotiation, approvals, and reporting. Automatically create new contract versions when edits are made or when approvals are collected. Outlaw is a modern contract management solution that streamlines the contract lifecycle for organizations - from templated document generation to cloud-based redlining to real-time negotiation and eSigning. Call today for a free demo and pricing at 866-330-0056. Answer a few questions to help the SpotDraft community Have you used SpotDraft before? You seem to have CSS turned off. Risk Management & Threat Assessment: Demystifying complex legal processes into intuitive data and analytics. Find out how SpotDraft fares against the competition. With quick implementation, an easy-to-use interface, and low pricing starting at $700/month for unlimited users, ContractWorks makes contract management software accessible to businesses and teams of all sizes. Our buyers guide will take you through the process of evaluating your teams needs, choosing a CLM that fits those needs, and implementing your CLM strategically. The advanced contract workflows automate repetitive tasks and processes based on trigger events. Negotiate with the benefit of data so you know when you should be wary. From online negotiation to e-signature and contract follow-through, Concord enables companies to automate and support the complete contract lifecycle. Hear from the biggest voices in in-house legal today and learn what the best teams out there do. Enhance your team productivity and minimize clerical errors. Implementation of RealContract modules, data capture, training, and outsourced contract management functions are all part of the package as we create your bespoke and state-of-the-art contract management solution. The sense of ownership instilled as part of the company culture has made working at SpotDraft a great learning experience for me. We have compiled a list of solutions that reviewers voted as the best overall alternatives and competitors to SpotDraft, including Conga Contracts, PandaDoc, SAP Ariba, and Adobe Acrobat Sign. During setup, we capture your teams expertise. While Ironclad supports basic word formatting, any edits beyond that must be made after downloading the contract, making the changes on Word, and reuploading, which can make version control a risky affair. Shift your focus to business intelligence and growth by cutting out repetitive tasks. View company Onpassive HQ Orlando, US Employees 1,953 1% decrease Onpassive is an IT company that develops and maintains AI-driven tools to cover various business activities. ContraxAware is a centralized and highly secure cloud-based Contract Management Software. Jotform Enterprise is a digital workspace productivity tool that provides a platform for organizations. Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences, and should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Ironclad Unclaimed Ironclad is a contract management software solution that aims to offer an automated assistant that manages legal paperwork for companies. Best 15 SpotDraft Software Alternatives - 2023 | Software Advice SpotDraft Alternatives Overview Alternatives TOP 5 AT-A-GLANCE Ironclad CobbleStone Contract Insight ContractSafe ContractPodAi JIRA Service Management Top 15 Alternatives Ironclad Automating contract processes using Gatekeepers workflow engine minimises manual effort and ensures agreed procedures are followed every time. Compare SpotDraft vs SirionOne. Collaborate with the team, vendors, and customers in real-time. Contract Insight is offered in three editions: Contract Insight Enterprise, Contract Insight Express, and Contract Insight Workgroup. Senior Director and Head of Revenue Operations. Welcome to the world of natural language processing and artificial intelligence for contract life-cycle management! These qualities reflect in how we think, build our product, interact with each other and the environment around us. Please don't fill out this field. eSignature features are included with each plan and are unlimited. Contract Management: Manage full contract management lifecycle on Microsoft 365 SharePoint. Enterprise contract management software from Ultria centralize contract storage, track compliance across multiple dimensions, and reduce contract turnaround time. . Stay on top of vendor contracts and never miss a renewal again. Every week it gets better and better., SpotDraft has gone above and beyond in supporting our company., They are very responsive to any changes or suggestions to our workflow that have been requested. Even the best contracts people have told us that they can now produce a contract in less than 30 minutes, and before DraftOnce, it took them several days. Congas contract management solutions empower you to improve customer and user experiences, while increasing visibility, speeding up cycle times, and lowering risk. SourceForge ranks the best alternatives to SpotDraft in 2023. uses Ironclad to fast-track contracts and become invaluable to business partners. Create folders and assign levels of security with DocuCollab. SpringCM was acquired by DocuSign in the summer of 2018. Gatekeeper is a powerful, AI-driven contract management solution that gives businesses total control and visibility over their contract agreements This motivation is the result of your passion towards what you do. Compare costs with competitors and find out if they offer a free version, free trial or demo. Organize all the documents pertaining to a contract/proposal in a simple yet effective manner. SpringCM provides an innovative document workflow and management platform. Leverage data-driven insights from contracts, Bulk-send personalized contracts in minutes, Collect Aaadhar-verified eSignatures on your contracts, Edit and collaborate on Contracts with our new editor on SpotDraft, Discover why businesses of all sizes trust SpotDraft for contract management, Take a look at what SpotDraft can do for you. Conga CPQ empowers sales, partners, and customers to efficiently configure complex products and services offerings, and provide personalized prices and quotes, utilizing codified product and pricing information - to drive higher win rates and a more pleasurable buying experience. solution of the ConnectWise Suite. Quickly create long or complex contracts without a single error. Collect an ad hoc approval for non-standard contracts on a case-by-case basis. Risk register for tracking risks at any level in an organization, including by entity, project, asset, contract, vendor, division, business, unit, region, and more. Stay on top of the rights and obligations associated with executed contracts. With its Rich Contract Authoring capability, users can create contracts, collaborate with other users, place comments, review, redline, build clause library, compare documents, and track version history for a more streamlined contract drafting experience. SpotDraft provided the simplicity and flexibility we were looking for and the pricing is better compared to others. Available on virtually any device, ASC Contracts helps businesses of any size to streamlines the development and management of contracts and legally binding documents. Allow counterparties to collaborate on the platform itself to get your contracts executed faster. SpotDraft (also known as Draftspotting Technologies) is a company that develops a contract automation and management platform. DraftOnce is the only Contract Authoring tool designed to train users on your documents, your policies, your governance, and your processes while allowing even new users to produce correct, compliant documents. Hear from the biggest voices in in-house legal today and learn what the best teams out there do. Our CLM platform improves every step of the contract lifecycle. Great product with an outstanding team! With an API-first approach, configuration, pricing, or quoting capabilities that can be embedded. This site is protected by hCaptcha and its, Looking for your community feed? Contra integrates seamlessly with all your favourite apps, including Google Suite, MS Word, Webex, Teams, DocuSign, Dropbox Outlook, and so many more. Save time. The vendor says key benefits include: DocuCollab facilitates an easy and effective negotiation channel through track changes and comments. Negotiate on terms and conditions with the agile software. Its API allows integrating other software and business too. Selecting the right CLM for your team is imperative to ensuring your investment sees value rather than failure. It eliminates inefficiencies associated with manual contract analysis, management, and approval processes. Unlocking Success in In-House Legal Roles: Lessons from Doug Luftman, ex-DGC @DocuSign, Learn more about the "why" behind everything we do at SpotDraft, Stay up to date with the latest at SpotDraft, Find out what working at SpotDraft is like, and view current openings on our team, SpotDraft's brand assets, key facts and figures, all in one place, Learn how you can join SpotDraft's partner ecosystem. The specific problem we were looking to Spotdraft to solve was to provide a single, secure and easily searchable repository of all our contracts. Storing your data, renegotiating, adding new clauses to your contracts or signing your documents has never been easier. Document Library & Smart Search. With HoneyBook, users can automate busy work and stay on top of to-dos, saving time and money, while growing a business. Stop pulling all-nighters with hundred-page agreements. OpenSourceCM aims to transform your contract management lifecycle with a platform that is simple to use, adapts easily to your processes and organizational structures, and enforces best practices. Business insights that empower regulated industries. Run a blackline between two different versions of a contract on demand. Ultria CLM is an automated contract management system that optimizes the contract journey from initiation through execution, as well as post-award. It helps us easily track the important business terms we use extensively to organize our contractual obligations., I love how enthusiastic they are about improving the product. Using Kira Quick Study, anyone can train additional models that can identify any desired clause. And my colleagues of course. The vendor says Use Agiloft's proven Contract Management Suite to automate the complete contract lifecycle, streamline your approval process, and integrate contract information into related business processes. Please provide the ad click URL, if possible: Odoo is a fully integrated, customizable, open-source software packed with hundreds of expertly designed business applications. A more streamlined experience builds trust that results in stronger relationships. Discover the latest trends, best practices and more in the world of legal and legal tech.
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