contract management software

Top 10 Best Contract Management Software 2022: Free & Paid

Contract management software help users manage and track the different stages of contracts such as contract drafting, negotiations, approvals and more.

These are the top 10 best contract management software in 2022 based on aggregated user reviews from several software review websites. The list is arranged in no particular order.

  • Agiloft
  • Concord
  • Onit
  • ContractSafe
  • Contract Advantage
  • Coupa Contract Lifecycle Management
  • ContractWorks
  • Contract Insight
  • Icertis
  • Gimmal

1. Agiloft

Agiloft has been consistently ranked one of the best contract management software by top reviewers and for good reason. It is very customizable and offers tons of features for all sizes of businesses.

Agiloft is easy to setup and use and offers top features such as:

  • Approval Workflow
  • Buy Side (Suppliers)
  • Centralized, searchable repository
  • Completion Tracking
  • Compliance Management
  • Contact Management
  • Contract Drafting
  • Contract Templates
  • Detailed Reports
  • Digital Signature
  • Document Management
  • Email alerts
  • Full Text Search
  • Fully audit compliant
  • Government Contracts
  • HIPAA, SOX and CFR21 support
  • Integrated workflows
  • Lifecycle Management
  • Milestone Tracking
  • PDF contract generation
  • Sell Side (Customers)
  • Specialty Contracts
  • Version Control

Agiloft offers a free version and a free custom demo for the premium version and pricing starts at $65 monthly. Agiloft was founded in 1990 in the US.

2. Concord

Concord is a simple, centralized SaaS contract management app which services small, medium and large scale enterprises across various industries.

Concord provides a complete contract management solution for all types of contracts and boasts of been the only software which supports and automates the complete contract lifecycle.

Concord supports integration with several top business apps and has the following features:

  • Approval Workflow
  • Auto Extraction
  • Buy Side
  • Completion Tracking
  • Compliance Management
  • Contact Management
  • Contract Drafting
  • Contract Templates
  • Digital Signature
  • Document Management
  • Full Text Search
  • Government Contracts
  • Lifecycle Management
  • Milestone Tracking
  • Sell Side
  • Specialty Contracts
  • Version Control

3. Onit Contract Administration

Onit Apps is a contract administration app with lots of features for negotiating, managing and executing contracts.

Onit is online based and helps mid-sized and large companies automate contract processes for better productivity and efficiency.

Onit Apps pricing starts at $3000 and offers the following features:

  • Centralized archive of contracts and documents
  • Collaboration tools
  • Contract lifecycle tracking and Recording
  • e-Signature
  • Interactive reporting
  • Real-time routing
  • Records management
  • Renewal notifications
  • Role-based user access
  • Security incident management
  • Unified request processing
  • Version control

4. ContractSafe

ContractSafe is a simple to use contract management software which offers strong security and affordable pricing.

ContractSafe provides contract storage, tracking and search and its pricing starts at $99, its features include:

  • Amendment tracking
  • API access
  • Automatic OCR
  • Centralized document storage
  • Custom document types
  • Document filtering
  • Document management
  • Key date reminders
  • Search functionality
  • Search inside scanned documents
  • Unlimited users
  • User access controls
  • User roles & permissions management
  • User-defined fields
  • Version control

5. Contract Advantage

Contract Advantage provides a highly customizable contract management solution

Contract Advantage pricing starts at $75 and offers the following features:

  • Advanced workflow automation
  • Alerts
  • Amendment tracking
  • Comprehensive contract storage
  • Contract management
  • Contract tracking
  • Detailed reporting
  • OCR search

6. Coupa

Coupa is a contract management platform which provides very good complex contract process monitoring tools. Coupa contract lifecycle management focuses on bottom line optimization and has the following features:

  • Analytics
  • Audit trail
  • Automated triggers
  • Contract collaboration
  • Contract filters
  • Granular search
  • In-depth reports
  • Intelligent optimization recommendations
  • Negotiation functions
  • Redlining
  • User access controls
  • Version control
  • Workflow routing

7. ContractWorks

ContractWorks is a contract storage, tracking and signing solution which helps clients manage contract documents with ease.  ContractWorks is used by businesses of all sizes and is owned by SecureDocs which is a well known business software solutions company.

Contractworks operates a flat fee price model and pricing starts at $500, its features include:

  • Centralized system
  • Customizable reporting functionality
  • Built-in electronic signature
  • Permission-based roles

8. Contract Insight

Contract Insight is a top contract management software from CobbleStone Systems available as a cloud app or an on-premises app. It offers a plethora of customization options and has many useful features such as:

Contract Insight Pricing starts at $59 monthly per user, Cobblestone offers a full featured free trial and has clients across several industries and

  • Audit tracking
  • Budget tracking
  • Centralized contract database
  • Conflicts of interest identification
  • Contract workflow approval engine
  • Contracts authoring templates
  • Core contract management
  • e-signature support
  • Online contract negotiations
  • Regulatory compliance tracking
  • Role-based access
  • Unlimited email and calendar alerts
  • Unlimited number of custom fields
  • Vendor and customer contact management

9. Gimmal

Gimmal is a very good contract management software specifically for very high end clients as it comes with a hefty $20,000 per annum fee.

Gimmal was formerly known as Prodagio and offers lots of customization options, is easy to use and has lots of features such as:

  • All core contract management features
  • Workflow automation
  • Template-based contract generation

10. Icertis

Icertis is an online based contract management solution which offers contract lifecycle management for enterprises.

Icertis features include:

  • Analytics
  • Compliance management
  • Contract Administration
  • Contract Authoring
  • Contract Execution
  • ERP & CRM Integration
  • Negotiation Intelligence
  • Reporting
  • Risk Management
  • Tracking

There are a number of free and open source contract management software available, the most popular of which are listed below, each of them also has a premium version.

Concord: The premium version of Concord has been discussed above, it’s free version is easy to register and use. Unlike other services, they will not collect your credit card details and it offers features such as digital signature, automatic deadline alerts, online editing and some other basic stuff.

OneSoft Connect: This software is cloud-based and free for a maximum of 3 users, it uses a Kanban board for contract management and has the same features as the premium version with the exception of the number of allowed users.

ContractSafe: This software allows users manage many contracts securely and is free for a maximum of 10 contracts at once. It is easy to use and has very good management features. It has a premium version which allows unlimited contracts at a time.

Agiloft: This app offers a feature packed free version almost identical to the premium version with the major difference seen in the number of users allowed. It is also highly customizable.

Leave a Comment

Your email address will not be published. Required fields are marked *