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ContraxAware Review

ContraxAware
Our score: 8.0 User satisfaction: 95%

What is ContraxAware?

ContraxAware is a contract management solution implemented by organizations, businesses, and teams in order to capitalize on new opportunities with customers, close deals quicker, stay compliant, and accelerate growth. The solution permits users to store and consolidate all their contracts and the associated information in a single database, enabling them to find and access the contracts they need from any location using any device at any time. 

With ContraxAware, the process of creating and authoring new contracts is executed fast. Users can build their own contract templates and save them to a centralized library. It also has a data merge feature by which metadata entered into contract records are automatically inserted into the templates users have selected. 

The contract management solution, furthermore, provides them with the ability to set up their own workflows for approving, renewing, and signing contracts. They will be able to assign contract management workflow steps and tasks to individuals or groups and send them reminders and notifications. Analyzing contract data is made easy as well through the aid of ContraxAware reporting features. 

Overview of ContraxAware Benefits

Contract Data Management

ContraxAware comes with features that give users an easy way to manage and control contract data. The solution provides a database that stores all the contract documents and information they have, allowing centralized access to contract data. It also provides data validation features that help them ensure that the data being entered into contracts are complete, accurate, and consistent. Users can specify what specific information should be collected and configure the templates that must be used for creating contract documents. 

Contract Creation & Authoring

The contract management solution facilitates how contracts are created and authored. ContraxAware provides an online portal that can be leveraged for submitting contract requests. When it comes to generating new contracts, the solution enables users to build an unlimited number of contract document templates using MS Word and export them to ContraxAware to be stored in a centralized document repository or library. 

ContraxAware has an advanced feature that allows users to automatically link contract document templates to contract records. With this feature, the metadata users have inputted into the contract records are instantly combined with the selected contract document template. 

In addition, the solution makes it easy for users to have their contracts signed electronically. They can create an e-signature workflow and add internal and external users that will participate in the process. They can also verify if a particular contract document has already been signed or not and send an automatic reminder to the individual responsible. 

Contract Lifecycle Management

ContraxAware enables users to easily handle the lifecycle of contracts. Equipped with workflow, task management, and notification and alert features, the solution makes sure that they and the parties they are working with are able to execute contract lifecycle management processes quickly, promptly, and accurately. 

The solution allows them to create contract lifecycle workflows from reusable templates. These workflows can be related to approving contracts, negotiating contract terms, or signing contract documents. As users create these workflows, they will be able to define what specific activities, tasks, steps should be accomplished, which individuals or groups are involved in the workflows, and what the milestones and deadlines are.

The individuals to whom the activities, tasks, and steps are assigned are automatically notified when it’s their turn to take action. Users can edit reminder/notification configurations so they can specify when the assigned individuals are supposed to receive automatic reminders and notifications. Team members and other parties are alerted about upcoming contract expirations, reviews, and renewals and if workflow tasks or steps are past due.

Overview of ContraxAware Features

  • Centralized Contract Data & Documents
  • Search Capabilities
  • Contract Data Validation
  • Contract Authoring
  • Document Templates
  • E-Signature
  • Contract Lifecycle Management
  • Workflow Creation
  • Automatic Alerts & Reminders
  • Contract Data Reporting & Analysis

Awards & Quality Certificates

An award given to products that have recently entered the market but are already becoming very popular
This certificate is granted to products that offer especially good user experience. We evaluate how easy it is to start using the product and how well-designed its interface and features are to facilitate the work process.

ContraxAware Position In Our Categories

Since companies have particular business requirements, it is only prudent that they steer clear of picking an all-encompassing, “perfect” system. Having said that, it is difficult to try to chance on such an app even among widely used software products. The best thing to do can be to jot down the different key factors which need analysis including major features, price plans, skill aptitude of staff members, organizational size, etc. After which, you must perform the research to a full extent. Go over some of these ContraxAware evaluations and explore the other solutions in your shortlist in detail. Such detailed research ascertain you circumvent poorly fit applications and buy the one which delivers all the function you require company requires.

Position of ContraxAware in our main categories:

TOP 50

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

TOP 500

ContraxAware is one of the 500 CRM Software products

If you are considering ContraxAware it might also be sensible to investigate other subcategories of Best CRM Software gathered in our base of SaaS software reviews.

Since each enterprise has unique business wants, it is sensible for them to refrain from seeking a one-size-fits-all perfect software system. Needless to say, it would be futile to try to find such a platform even among widely used software platforms. The clever thing to do would be to jot down the various essential elements that require consideration such as key features, finances, skill levels of employees, company size etc. Then, you should do your groundwork thoroughly. Read some ContraxAware Best CRM Software reviews and investigate each of the other systems in your shortlist in detail. Such comprehensive homework can make certain you discard ill-fitting systems and select the solution that presents all the features you need for business success.

How Much Does ContraxAware Cost?

ContraxAware Pricing Plans:

Free Trial

Essential

$500/month

Professional

$995/month

Enterprise

$2,995/month

ContraxAware offers three enterprise pricing plans for users to choose from. These plans are available through a monthly subscription. Refer to the vendor’s official website so you can see the specific features included in each plan. Here’s an overview:

Essential – $500/month

  • Includes 5 full users
  • Unlimited storage
  • Additional users – $55

Professional – $995/month

  • Includes 10 full users
  • Unlimited storage
  • Additional users – $99

Enterprise – $2,995/month

  • Includes 20 full users
  • Unlimited storage
  • Additional users – $55

User Satisfaction

Positive Social Media Mentions 1
Negative Social Media Mentions 15

We realize that when you make a decision to buy CRM 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 ContraxAware 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 ContraxAware. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.

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Technical details

Devices Supported

  • Web-based

Deployment

  • Cloud Hosted
  • Open API

Language Support

  • English

Pricing Model

  • Monthly payment
  • Quote-based

Customer Types

  • Small Business
  • Large Enterprises
  • Medium Business

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

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What are ContraxAware pricing details?

ContraxAware Pricing Plans:

Free Trial

Essential

$500/month

Professional

$995/month

Enterprise

$2,995/month

ContraxAware offers three enterprise pricing plans for users to choose from. These plans are available through a monthly subscription. Refer to the vendor’s official website so you can see the specific features included in each plan. Here’s an overview:

Essential – $500/month

  • Includes 5 full users
  • Unlimited storage
  • Additional users – $55

Professional – $995/month

  • Includes 10 full users
  • Unlimited storage
  • Additional users – $99

Enterprise – $2,995/month

  • Includes 20 full users
  • Unlimited storage
  • Additional users – $55

What integrations are available for ContraxAware?

ContraxAware supports integration with third-party e-signature software.

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Reviewed By Jenny Chang
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