SpotDraft Review
What is SpotDraft?
SpotDraft is a contract management platform that provides a smart and automated way for business, legal, and sales teams to generate, review, manage and collaborate on contracts. You can upload existing contracts, create contract templates, and set the data fields that can be changed in the contracts.
SpotDraft allows you to automatically extract key information from contracts and identify errors committed when they were drafted. You can implement condition-based workflows for approving contracts, collect digital signatures, and set automatic notifications and reminders. Collaborating on contracts is made easy as well through features like the ability to track all changes and edits made to a contract and add notes and comments for team members, counterparties, and stakeholders,
You can store all your contracts on a secure cloud-based repository and access them from any device anywhere and anytime. SpotDraft also integrates with your existing processes and tools.
Show MoreOverview of SpotDraft Benefits
Instant Contract Generation and Review
SpotDraft enables you to instantly create contracts so you can focus on more important matters. You can create custom templates out of the contracts you uploaded into the platform. These contract templates contain data fields that can be edited to indicate what information and details can be changed in the contracts.
The platform also permits you to review and analyze drafted contracts through artificial intelligence. It can automatically pull and show definitions from contracts and reference them in the right context. Moreover, SpotDraft checks your contracts for drafting errors such as unused, repeated, or mismatched definitions.
Streamlined Contract Processes
SpotDraft automates manual and repetitive contract workflows. For instance, you can implement contract approval processes that are automatically triggered based on any conditions you set, like the criticality of the contract, cost of the deal, or jurisdiction involved. To speed up contract execution, you can integrate your e-signature applications with SpotDraft or use its native e-signature solution.
You’re given the capability to set reminders so you won’t miss important obligations and dates such as contract expirations and renewals. This way, you’ll be able to prepare ahead of time and get an edge in the negotiations. You can also receive notifications when contracts are changed or edited or their status is updated.
Seamless Collaboration
SpotDraft makes it easy for you to work with team members, counterparties, and stakeholders in handling contracts. You can keep a tamper-proof record of all activities and changes throughout your contract processes. This allows you to determine which individuals edited the contract, what specific parts of it were changed, and when those changes or edits were made.
You can also leave notes and comments about the contracts and download the annotated contracts in any format. Through the platform’s mail merge feature, contract templates can be delivered to various counterparties at once with just a single click. Furthermore, SpotDraft provides a dashboard where you can conveniently view and manage contracts from different teams.
Show MoreOverview of SpotDraft Features
- Contract Creation
- Contract Templates
- Triggered Workflows
- Reminders & Notifications
- AI-Assisted Review
- Draft Error Checker
- Audit Log
- Version Control
- Comments
- E-Signature
- Smart Search
- Dashboard
- Cloud Storage
Awards & Quality Certificates
SpotDraft Position In Our Categories
Since businesses have distinct business requirements, it is only prudent that they avoid selecting a one-size-fits-all, ideal software product. Nevertheless, it is troublesome to stumble on such a software system even among sought-after software solutions. The better step to do is to narrow down the numerous chief aspects which merit inspection like important features, budget, skill aptitude of the employees, organizational size, etc. Next, you must do your product research fully. Browse over some SpotDraft reviews and look into each of the software programs in your shortlist more closely. Such all-encompassing research makes sure you circumvent mismatched software solutions and choose the system that delivers all the function your company requires.
Position of SpotDraft in our main categories:
TOP
50
SpotDraft is one of the top 50 Contract Lifecycle Management (CLM) Software products
If you are interested in SpotDraft it may also be beneficial to check out other subcategories of Contract Lifecycle Management (CLM) Software gathered in our base of B2B software reviews.
Each enterprise is different, and may need a specific Contract Lifecycle Management (CLM) Software solution that will be designed for their business size, type of clients and employees and even specific industry they cater to. It's not wise to count on locating an ideal solution that is going to be suitable for each business no matter what their history is. It may be a good idea to read a few SpotDraft Contract Lifecycle Management (CLM) Software reviews first and even then you should pay attention to what the service is intended to do for your business and your employees. Do you need an easy and straightforward service with only basic features? Will you actually make use of the complex functionalities required by pros and big enterprises? Are there any specific tools that are especially beneficial for the industry you work in? If you ask yourself these questions it will be much easier to get a trustworthy app that will fit your budget.
How Much Does SpotDraft Cost?
SpotDraft Pricing Plans:
Free Trial
Quote-based Plan
Contact vendor
What are SpotDraft pricing details?
SpotDraft Pricing Plans:
Free Trial
Quote-based Plan
Contact vendor
SpotDraft’s SME and enterprise pricing information is only available upon request.
User Satisfaction
Positive Social Media Mentions
28
Negative Social Media Mentions
0
We know that when you decide to purchase a Contract Lifecycle Management (CLM) Software it’s important not only to find out how experts evaluate it in their reviews, but also to find out if the real people and enterprises that bought these solutions are actually content with the service. That’s why we’ve devised our behavior-based Customer Satisfaction Algorithm™ that collects customer reviews, comments and SpotDraft reviews across a broad range of social media sites. The information is then displayed in an easy to digest way showing how many clients had positive and negative experience with SpotDraft. With that information available you should be prepared to make an informed business choice that you won’t regret.
Technical details
Devices Supported
- Web-based
Deployment
- Cloud Hosted
Language Support
- English
Pricing Model
- Quote-based
Customer Types
- Small Business
- Large Enterprises
- Medium Business
What Support Does This Vendor Offer?
- phone
- live support
- training
- tickets
What integrations are available for SpotDraft?
SpotDraft integrates with your existing tools, including CRM and e-signature apps. You can request a demo from the vendor.
SpotDraft
is waiting for
your first review.
Write your own review of this product
ADD A REVIEWMore reviews from 0 actual users:
Join a community of 7,369 SaaS experts
Thank you for the time you take to leave a quick review of this software. Our community and review base is constantly developing because of experts like you, who are willing to share their experience and knowledge with others to help them make more informed buying decisions.
Sign in with LinkedIn
Why we require LinkedIn?
- Show the community that you're an actual user.
- We will only show your name and profile image in your review.
- You can still post your review anonymously.
OR
Sign in with company emailSign in with company email
Popular SpotDraft Alternatives
Top Competitors To SpotDraft By Price
Product name:
Price:
Trending Contract Lifecycle Management (CLM) Software Reviews
SpotDraft Comparisons
Product name:
Page last modified
Did you find this review useful?
Yes
No
Thank you for your feedback
How can we make this page better?
Unsure about this software?
FIND ALTERNATIVES
Why is FinancesOnline free?