ContractWorks Review

ContractWorks is a customizable contract management software solution that helps legal, purchasing, operations, and finance professionals tasked with managing all types of corporate agreements, regain control of their contract management processes, and eliminate risk associated with poorly managed documents.

Some of its key benefits include a quick setup, user-friendly interface, AI-powered smart document tagging, customizable reporting, OCR and custom tagging options, alerts and notifications, permission-based user roles, low and transparent pricing, and built-in electronic signature.

With ContractWorks contract management, professionals from a wide range of industries (including government, healthcare, manufacturing, non-profit, and technology) are spending less time searching across multiple devices and spreadsheets for document-specific information, and more time improving the value of their corporate agreements. Here are more of its benefits:

Google-style search

There is no hassle when looking for information in ContractWorks—the platform lets you browse through your database using a Google-styled search filter that reacts to both contract and folder names. You also get an OCR functionality and custom tagging of document fields, which enables you to filter your search based on important document fields and data points you’ve identified.

Ready-to-use contract templates

Instead of asking you to upload and create contracts from scratch, ContractWorks comes pack with all standard templates (NDAs, for instance), where you only need to fill in the missing data, and send the contract out for signature.

Alerts and Reporting 

ContractWorks gives you the absolute freedom to report on contract activities, and then export all summaries as CSV files. This will make data analytics way easier than before, keeping in mind that you can always share reports and drag-and-drop uploads across the team from the convenience of your contract management platform. Another distinctive advantage of this system is that it automatically alerts users of expiring contracts and upcoming renewal dates.

Focus on privacy

ContractWorks does not only organize and store contracts but makes confidentiality a top priority. Access are limited by account admins who control the contract portfolio and can choose which users should be authorized to access specific documents and information.

Smart document tagging

This AI-powered feature saves time and effort spent on browsing through bulks of contracts and tracking down information, such as the type of agreement, date of effectivity, termination date, parties involved, and more. With the smart document tagging function, all vital details are automatically tagged for faster and more efficient processing of contracts.

Built-in electronic signature

The newest addition to ContractWorks’ powerful productivity kit is electronic signature. The built-in feature allows you to give out contracts for signature right away, cutting the time needed to distribute those in paper, or the expenses associated with using third-party software for the purpose. Once contracts are received via email, clear instructions are also provided along with a link for the recipients to sign the documents.

User training and 24/7 support

ContractWorks’ knowledgeable support team will ensure users always get the assistance and the answers they need, as it is available 24/7, and accessible via several different channels of communication.