ContractRoom Review
What is ContractRoom?
ContractRoom is a system designed to meet the needs of businesses for setting up, planning, negotiating and tracking their business deals through relevant data. It’s a tool that gives you more power as a business owner by enabling you to execute more comprehensive plans.
Mission-critical businesses are direct customers to this software because it offers solutions such as electronic signatures. More importantly, it has tools and that make your work more efficient which in turn makes it easier to close down deals as compared to conventionally methods.
ContractRoom started four years ago, and has been gathering many renowned customers under its belt ever since. Its data driven features ensure that your clients agree to your terms and there are lesser arguments.
Show MoreOverview of ContractRoom Benefits
ContractRoom manages your work flow and automates many vital tasks. The tasks that need to be done prior to and after a contract has been signed are all taken care of. Overall, it gives you more control and ease of management.
You get to store all your agreements either online or offline. You can search for required documents any time, and have diverse and flexible organizing options to keep things in proper shape.
You can now as well analyze the historical data of your clients. ContractRoom generates numerous analytical reports about post and prior agreement statistics which can be shared within your organization or with external partners depending on the nature of the contract.
You can also create reminders and import information concerning offline agreements. ContractRoom lets you do it all smoothly. It also ensures that all the tasks in listed in your contracts are being carried out in the designated time. For this purpose, it generates reminders and alerts which ensure that you never fall short on any deadline allowing you to serve your customers in a better way.
You can stay in touch with your clients and your internal team through one platform. ContractRoom offers multiparty collaboration which can dramatically improve the speed of your team’s performance. It lets you convey important messages and notify team members of sudden changes in the plan.
Show MoreOverview of ContractRoom Features
- Agreement Construction
- Framework Configuration
- Compliance Management
- Multi-party Collaboration
- Offline Agreement Data Importing
- Workflow management
- Contract Execution
- Auto saving contracts
- Task Assignment
- Reminders and Alerts
- Transaction capture
- Real Time updates and Analytics
- E-Discovery
- Logic Wizards
- Compliance Stats
- Task Automation
- Contract Execution
- Agreement Archiving
- Historical Data for Friendlier Contracts
- Templates
- E-Signature
ContractRoom Position In Our Categories
Keeping in mind businesses have their own business needs, it is only reasonable that they steer clear of choosing an all-in-one, ideal system. Just the same, it would be hard to chance on such a software product even among widely used software products. The right thing to do should be to note down the various significant factors that need scrutiny like major features, price terms, technical skill competence of staff members, organizational size, etc. Thereafter, you should conduct your research exhaustively. Read these ContractRoom evaluations and look over each of the software solutions in your shortlist in detail. Such well-rounded product investigation ascertains you weed out unfit apps and select the system which meets all the benefits your company requires.
Position of ContractRoom in our main categories:
TOP
100
ContractRoom is one of the top 100 Contract Lifecycle Management (CLM) Software products
If you are considering ContractRoom it might also be beneficial to analyze other subcategories of Contract Lifecycle Management (CLM) Software collected in our base of SaaS software reviews.
It is important to realize that virtually no software in the Contract Lifecycle Management (CLM) Software category is going to be an ideal solution able to match all the needs of different business types, sizes and industries. It may be a good idea to read a few ContractRoom Contract Lifecycle Management (CLM) Software reviews first as some services may perform well just in a really small group of applications or be created with a very specific industry in mind. Others might function with an idea of being simple and intuitive and consequently lack complicated features welcomed by more experienced users. There are also services that cater to a wide group of users and offer a complex feature set, but that in most cases comes at a more significant price of such a service. Make sure you're aware of your needs so that you pick a software that offers all the functionalities you look for.
How Much Does ContractRoom Cost?
ContractRoom Pricing Plans:
Free Trial
Basic Plan
$9/user/month
Professional Plan
$39/user/month
Business Plan
$99/user/month
What are ContractRoom pricing details?
ContractRoom Pricing Plans:
Free Trial
Basic Plan
$9/user/month
Professional Plan
$39/user/month
Business Plan
$99/user/month
ContractRoom offers three SMB and enterprise pricing plans for users to choose from. Give the details a look, and select the best plan for your company:
Basic Plan – $9/user/month
- Archive Access
- Contract Requests
- View Agreements
- Administer Account
Professional Plan – $39/user/month
- Review and Approve
- Task Assigning
- Edit & Negotiate
- Complete & Sign
Business Plan – $99/user/month
- Build frameworks
- Workflow building
- Conditional Agreements
- Draft Agreements
- Report Creation
- Smart Tables Building
User Satisfaction
Positive Social Media Mentions
0
Negative Social Media Mentions
0
We know that when you make a decision to purchase a Contract Lifecycle Management (CLM) Software it’s vital not only to learn how professionals score it in their reviews, but also to discover if the real users and businesses that bought this software are genuinely content with the service. That’s why we’ve devised our behavior-based Customer Satisfaction Algorithm™ that aggregates customer reviews, comments and ContractRoom reviews across a wide array of social media sites. The information is then featured in a simple to digest format revealing how many customers had positive and negative experience with ContractRoom. With that information available you will be prepared to make an informed business decision that you won’t regret.
Video
Technical details
Devices Supported
- Windows
- Android
- iPhone/iPad
- Mac
- Web-based
Deployment
- Cloud Hosted
Language Support
- English
Pricing Model
- Monthly payment
- Annual Subscription
Customer Types
- Large Enterprises
- Medium Business
What Support Does This Vendor Offer?
- phone
- live support
- training
- tickets
What integrations are available for ContractRoom?
ContractRoom integrates with the following business systems and applications:
- Salesforce
- Oracle
- NetSuite
- Microsoft Dynamics
- SAP
ContractRoom User Reviews
ContractRoom average rating:
5/5
Overall impression
5/5
Customer Support
5/5
Value for Money
5/5
Ease of Use
Write your own review of this product
ADD A REVIEWThe most favorable review
PROS: Its approval/worklow and pre-installed controls around sections and clauses are really useful. An aduti trail is available for any changes made. Being able to add comment is another benefit. It's a great solution for drastically reducing attachments, versioning, and e-mails. Its visual workflow control functionality is pretty awesome.
CONS: I'd love being able to look into graphics and images found in the system. Having a Box integration or some kind of online storage would be fantastic. That would help move files currently pending, set for review, and moved between locations (when finally approved).
The least favorable review
PROS: ContractRoom did a good job in shaving off time for my sales team. It did so by eradicating the usual slugging happening between contract negotiations. Before, we utilized Hellosign (and other platforms like it) when were smaller. We shifted to Docusign as we started to grow. Thing is, both were missing product functionality or the pricing was too high for what they're both capable of. Thanks to ContractRoom, it propelled our team to push with the agreement way faster than what we were able to do with our previous tools.
CONS: We felt we weren't good enough to move forward given our company credentials. Contract management appears to be one heck of a saturated market. We talked about moving on with Salesforce. Thing is, the're no Salesforce integration available. That would've been a long term issue if we continued pursuing it.
More reviews from 4 actual users:
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Latest
- Latest
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It made things a lot more efficient.
Read full review >
5/5
Overall impression
5/5
Customer Support
5/5
Value for Money
5/5
Ease of Use
Published on: 06.11.2021
Company Size: More than 100 Employees
Industry: Staffing and Recruiting
PROS: ContractRoom did a tremendous job enhancing the efficiency of our contract process. It allowed us to have increased control over the process. Its contract rules/approval are currently the best in the market. It's the best thing that I've ever experienced (so far). I'm happy to finally be able to negotiate and then sign in the end --- in just one convenient process.
CONS: I really think more details need to be included within the implementation and intial training process. We made a second round request for training. It was actually helpful, but that would've been avoided altogther if the first round of training were more detailed.
A fantastic tool for review workflow management with useful features.
Read full review >
5/5
Overall impression
5/5
Customer Support
5/5
Value for Money
5/5
Ease of Use
Published on: 16.04.2021
Company Size: 11-50 Employees
Industry: Consumer Services
PROS: Its approval/worklow and pre-installed controls around sections and clauses are really useful. An aduti trail is available for any changes made. Being able to add comment is another benefit. It's a great solution for drastically reducing attachments, versioning, and e-mails. Its visual workflow control functionality is pretty awesome.
CONS: I'd love being able to look into graphics and images found in the system. Having a Box integration or some kind of online storage would be fantastic. That would help move files currently pending, set for review, and moved between locations (when finally approved).
An innovative tool made intelligently.
Read full review >
5/5
Overall impression
5/5
Customer Support
5/5
Value for Money
5/5
Ease of Use
Published on: 13.09.2019
Company Size: 1-10 Employees
Industry: Computer Software
PROS: When it comes to business negotiations, everyone would concentrate on the contract offered in paper. The final contract version is the easiest part. The challenging part is the negotiation process happening between my company and the counterparty. ContractRoom automates this difficult process. It's about time to have something like this to finally get over the pain in business negotiations.
CONS: Just like any innovation in the process of business, I tend to get infuriated that my company isn't capable of adopting solutions quickly. This is more of a user problem than the technology itself.
It shaved off a lot of time in negotiating contracts.
Read full review >
4/5
Overall impression
4/5
Customer Support
4/5
Value for Money
4/5
Ease of Use
Published on: 11.01.2018
Company Size: More than 100 Employees
Industry: Financial Services
PROS: ContractRoom did a good job in shaving off time for my sales team. It did so by eradicating the usual slugging happening between contract negotiations. Before, we utilized Hellosign (and other platforms like it) when were smaller. We shifted to Docusign as we started to grow. Thing is, both were missing product functionality or the pricing was too high for what they're both capable of. Thanks to ContractRoom, it propelled our team to push with the agreement way faster than what we were able to do with our previous tools.
CONS: We felt we weren't good enough to move forward given our company credentials. Contract management appears to be one heck of a saturated market. We talked about moving on with Salesforce. Thing is, the're no Salesforce integration available. That would've been a long term issue if we continued pursuing it.
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ContractRoom user reviews
It made things a lot more efficient.
Read full review >
5/5
Overall impression
5/5
Customer Support
5/5
Value for Money
5/5
Ease of Use
Published on: 06.11.2021
Company Size: More than 100 Employees
Industry: Staffing and Recruiting
A fantastic tool for review workflow management with useful features.
Read full review >
5/5
Overall impression
5/5
Customer Support
5/5
Value for Money
5/5
Ease of Use
Published on: 16.04.2021
Company Size: 11-50 Employees
Industry: Consumer Services
An innovative tool made intelligently.
Read full review >
5/5
Overall impression
5/5
Customer Support
5/5
Value for Money
5/5
Ease of Use
Published on: 13.09.2019
Company Size: 1-10 Employees
Industry: Computer Software
It shaved off a lot of time in negotiating contracts.
Read full review >
4/5
Overall impression
4/5
Customer Support
4/5
Value for Money
4/5
Ease of Use
Published on: 11.01.2018
Company Size: More than 100 Employees
Industry: Financial Services
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