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ContractRoom Review

ContractRoom
Our score: 6.0 User satisfaction: N/A

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.

Overview 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.

Overview 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

Knowing that businesses have particular business needs, it is only rational they steer clear of seeking a one-size-fits-all, ”best” software product. Just the same, it would be almost impossible to try to pinpoint such application even among well-known software products. The practical step to undertake can be to note down the several important aspects which entail research like critical features, price terms, technical skill aptitude of staff, business size, etc. After which, you must do the research fully. Have a look at these ContractRoom analyses and check out the other software options in your list more closely. Such comprehensive product research makes sure you weed out poorly fit software products and choose the system which delivers all the aspects you require business requires for success.

Position of ContractRoom in our main categories:

TOP 50

ContractRoom is one of the top 50 Contract Lifecycle Management Software products

If you are considering ContractRoom it could also be a good idea to check out other subcategories of Contract Lifecycle Management Software gathered in our base of SaaS software reviews.

Every business has its own characteristics, and can call for a special Contract Lifecycle Management Software solution that will be fit for their business size, type of clients and staff and even specific industry they cater to. It's not wise to count on getting a perfect solution that is going to work for every business regardless of their history is. It may be a good idea to read a few ContractRoom Contract Lifecycle Management Software reviews first and even then you should remember what the software is supposed to do for your company and your employees. Do you need an easy and intuitive service with only elementary functions? Will you really use the advanced tools needed by pros and large enterprises? Are there any particular features that are especially useful for the industry you operate in? If you ask yourself these questions it is going to be much easier to find a reliable app that will match your budget.

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

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 realize that when you make a decision to buy Contract Lifecycle Management Software it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and ContractRoom reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with ContractRoom. With that information at hand you should be equipped to make an informed buying 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?

  • email
  • phone
  • live support
  • training
  • tickets

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ContractRoom Comparisons

ContractRoom user reviews

It made things a lot more efficient.

Read full review >
Brian
5/5

Overall impression

5/5

Customer Support

5/5

Value for Money

5/5

Ease of Use

Published on: 03.10.2019 Company Size: More than 100 Employees Industry: Staffing and Recruiting

A fantastic tool for review workflow management with useful features.

Read full review >
Joshua
5/5

Overall impression

5/5

Customer Support

5/5

Value for Money

5/5

Ease of Use

Published on: 28.09.2019 Company Size: 11-50 Employees Industry: Consumer Services

An innovative tool made intelligently.

Read full review >
Luther
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 >
Eddie
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

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

What integrations are available for ContractRoom?

ContractRoom integrates with the following business systems and applications:

  • Salesforce
  • Oracle
  • NetSuite
  • Microsoft Dynamics
  • SAP

ContractRoom average rating:

Average score
5/5 (4 user reviews)
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 REVIEW

The most favorable review

Joshua

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).

Reviewed 9 months ago

Read full review >

The least favorable review

Eddie

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.

Reviewed 2 years ago

Read full review >

More reviews from 4 actual users:

Sort by:

Latest
  • Latest
  • Most useful
  • Most positive
  • Most negative

It made things a lot more efficient.

Read full review >
Brian
5/5

Overall impression

5/5

Customer Support

5/5

Value for Money

5/5

Ease of Use

Published on: 03.10.2019 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.

What do you think about this review? Great Poor

A fantastic tool for review workflow management with useful features.

Read full review >
Joshua
5/5

Overall impression

5/5

Customer Support

5/5

Value for Money

5/5

Ease of Use

Published on: 28.09.2019 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).

What do you think about this review? Great Poor

An innovative tool made intelligently.

Read full review >
Luther
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.

What do you think about this review? Great Poor

It shaved off a lot of time in negotiating contracts.

Read full review >
Eddie
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.

What do you think about this review? Great Poor
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Reviewed By Nestor Gilbert
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