Simple Contract Management Software
Platform to connect people, workflow, and data within legal guardrails to collaborate on business agreements, and end to end contract management software. Execute smarter contracts, with process configured by business in minutes.
Digital Contract Management Solution
Contract Solution for faster, efficient contract review process with quick turnaround for business. Digital solution that adopts by supporting multiple contract types and easy to implement by power users without IT help. Contract software integrates with other business solutions like CRM, ERP and Teams providing a seamless orchestration of business process.
Contract solution integrated in Legal Ops
Single contract solution for your enterprise needs. Administration, Management and Process improvement of business deals built on ContractPrime platform. CLM supports negotiation, approval, digital signature, and contract repository. Matter management with built in spend management, legal library and compliance offers a true Legal Operations solution.
Agile and Digital
Truly move your contract process digital, and solution must be flexible to adopt to changing business needs. ContractPrime offers support your ever-changing business needs guided by in-house legal team across geographical locations. Train your legal team to implement approval workflow using no code designer to suit any organization and compliance needs.
Collaboration and Sharing
Move away from email and message thread for contract negotiations. Invite counterparties and interested parties to client portal allowing everyone to work in same document set allowing business decisions to be made faster. Manage internal and external comments, with Task creation from document redlines and revisions.
Reports and KPI Improvement
Identify contracts from any metadata like nonstandard indemnity clauses and contracts which are coming for renewals. Generate customizable reports and export to Excel for further analysis. Generate business intelligence from contract repository to make decision and generate KPI to understand bottlenecks and provide continuous service enhancements.
Support multiple Contract Types
Standard to bespoke contracts, third party paper to company templates, support for any contract types, contract generation through self-service to legal requests, auto approval of managed templates like NDA, Sale Agreements or SLA provides true flexibility for business not to spend time in contract drafting and review. Evolve to true data driven process built by in-house team for the business
Solution for Modern Teams
Contract software must be accessible from anywhere and anytime. Users have their preference of accessing the application from their mobile device to browser and ContractPrime is available in all flavors. Integration with Outlook allows all the CLM and DMS functionalities to be accessed from Outlook client. Negotiation with external parties is through Microsoft Teams.
Integrated for Business Needs
Contract solution integrates with your business and the application that supports different units and divisions. Enable data sync between CLM and ERP or CRM without any programming knowledge so single source of truth will always be the master data. Business can define system of record in any systems to build applications for Governance, and other regulatory needs.
Automate Contract Management
Simplified digital contract repository to access contracts from any where and any device. Search and report on the contracts against any contract properties with custom analytics. Machine learning assisted findability for identifying contracts based on business needs
Start Contract Intelligence
Real time insights into the contracts with reports published to Dashboard. Track related contracts and amendments to simulate real time contracting requirements. Configure KPI on contract lifecycle with automatic notification so no opportunity is missed.
Frequently Asked Questions
What are the key features of Contract Software
Document repository stores in-flight and executed contracts. Machine learning enabled search to identify contracts based on contract metadata and properties. Executed contracts can be used as templates and precedent bank for document assembly.
What are the important aspects of Contract Management Solution
Unlock business data form legacy or paper contracts. Monitor contract key dates like milestones, track deliverables and obligations to ensure business meets legal compliance by integrating with CRM and ERP. Software has legal document management solution for collaboration and coauthoring within internal and external team.
What is the best Contract Solution
ContractPrime is the contract management software built on Microsoft 365 to manage end to end contract lifecycle. Contract automation powered by contract workflow for collecting approvals and digital signature for executing the contracts.