We Tried the 15 Best IT Contract Management Software

Helpful Summary

  • Overview: We offer IT professionals and businesses a comprehensive list of 15 top contract management solutions.
  • Why trust us: We’ve helped hundreds of IT professionals, startups, and corporations streamline their contract management processes.
  • Why this is important: Implementing the right contract management software ensures enhanced efficiency, compliance, collaboration, and reduced errors.
  • Action points: Assess software based on customization, integration, security, automation, notifications, and analytics capabilities to find the best fit for your needs.
  • Further research: Check out the SignWell blog for expert tips and resources on contract management.

Looking for the Best IT Contract Management Software?

Contracts serve as the backbone of business operations in the world of IT.  From licensing agreements to service level agreements (SLAs), these contracts delineate the terms and conditions governing the relationships between organizations and their vendors, partners, or clients.

However, without the right tools, managing these contracts can often become a complex task prone to errors, oversights, and inefficiencies. IT contract management software revolutionizes how organizations handle their contractual obligations and engagements.

In this SignWell article, we’ll explore the best IT contract management software solutions available on the market today. 

But first…

Why Listen to Us?

At SignWell, we take pride in revolutionizing how businesses handle their documents. Our platform is designed to simplify the process of getting documents signed, ensuring a secure, efficient, and legally binding e-signature experience.

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From small startups to large corporations, our clients have experienced tangible improvements in their workflow, reducing the time spent on paperwork and focusing more on what truly matters for their business.

What Is an IT Contract Management Software?

IT processes tend to produce a ton of contracts—whether you’re talking about in-house IT departments or third-party service providers.

Common contracts include:

  • Service agreements
  • Management contracts
  • Hosting agreements
  • Software licenses

IT contract management software can help you streamline the process of creating, managing, and storing these important documents.

The features included in these tools can vary quite a bit. On one end of the spectrum, you have tools like SignWell that support quick, efficient e-signing and basic contract storage and management. On the other end, you have more comprehensive solutions that offer advanced contract search and reporting capabilities.

IT Contract Management Software

Regardless of the complexity, the central purpose of these tools is the same—to make it easier for businesses to handle their IT contracts.

Benefits of Using an IT Contract Management Software

Centralized Repository

By utilizing IT contract management software, you can streamline contract storage and access through a centralized repository, enhancing efficiency and organization in your workflow.

Having a centralized repository means all your contracts are stored in one secure location, making it easy to search for, access, and manage them whenever needed. Imagine the time saved from no longer hunting through multiple folders or systems for a specific contract—everything is at your fingertips.

Enhanced Efficiency

Maximize your operational efficiency with the use of IT contract management software. By implementing this solution, you can streamline processes, save time, and boost productivity. Here are three ways in which IT contract management software enhances efficiency:

  • Automation: Streamline repetitive tasks and workflows.
  • Centralized Access: Easily access all contract information in one place.
  • Improved Collaboration: Enhance teamwork and communication among stakeholders.

Improved Compliance

Utilize IT contract management software to ensure enhanced compliance with U.S. and international laws and regulations, safeguarding your organization from potential risks. You can easily track and monitor compliance obligations by centralizing all contact information, deadlines, and requirements in one system. 

Contract management software also often includes audit reports, a feature that provides a detailed view of document history. This type of information is required to meet certain e-signature laws. 

Better Collaboration

Improve team collaboration effortlessly with IT contract management software, fostering streamlined communication and productivity within your organization. Here are four ways using such software can enhance collaboration:

  • Centralized Communication: Keep all contract-related discussions in one place, making it easy for team members to stay updated.
  • Real-Time Collaboration: Work simultaneously on contracts, enabling instant feedback and edits from multiple team members.
  • Task Assignment: Assign specific tasks to team members within the software, ensuring clarity on responsibilities.
  • Document Sharing: Securely share important contract documents, reducing the risk of version control issues and ensuring everyone can access the latest information.

Reduced Errors

Utilizing IT contract management software can significantly reduce errors. This technology provides automated checks and alerts to ensure accuracy and compliance throughout the contract lifecycle. These tools help you avoid common mistakes such as missing deadlines, overlooking key clauses, or entering incorrect data.

By having a centralized platform that flags potential errors in real-time, you can proactively address issues before they escalate, saving you time and resources. This enhances the quality of your contracts and builds trust with clients and stakeholders.

Cost Savings

By implementing IT contract management software, you can achieve significant cost savings that benefit your organization in various ways. Here are four ways this software can help you save money:

  • Automated Renewal Notifications: Avoid missing contract renewals and facing costly penalties.
  • Efficient Resource Allocation: Allocate resources more efficiently, reducing unnecessary expenses.
  • Identifying Costly Contracts: Easily identify and renegotiate costly contracts to save money.
  • Streamlined Processes: Streamline contract management processes to save time and reduce operational costs.

These cost-saving benefits not only help your organization’s bottom line but also contribute to improved efficiency and effectiveness in managing contracts.

Criteria to Consider When Choosing an IT Contract Management Software

Customization Options

Consider exploring the customization options available to effectively tailor the solution to your specific needs and contract management software requirements

Here are four key features to look out for:

  • User Role Customization: Customize user roles to control access levels and ensure the right people have the appropriate permissions.
  • Template Customization: Ability to create, edit, and save contract templates to streamline the contract creation process.
  • Workflow Customization: Customize workflows to match your organization’s contract approval processes and automate tasks.
  • Dashboard Customization: Personalize dashboards to display metrics, reports, and alerts that are most relevant to your role.

Integration Capabilities

A good IT contract management software should allow you to streamline your processes by syncing data across different platforms effortlessly. Consider how well the software integrates with your current workflow to avoid disruptions or data silos.

Check if the software offers APIs for custom integrations or offers pre-built integrations with commonly used business applications. Prioritizing integration capabilities will help you maximize the efficiency of your contract management process and improve overall productivity.

Security Features

To enhance the security of your IT contract management processes, prioritize software solutions that offer robust encryption and multi-factor authentication. When choosing an IT contract management software, consider the following security features:

  • Encryption: Look for software that encrypts data in transit and at rest to safeguard sensitive information.
  • Multi-Factor Authentication (MFA): Opt for solutions that require multiple verification forms to access the system, adding an extra layer of security.
  • Access Controls: Choose software that allows you to define and enforce access levels for different users, ensuring data is only available to authorized personnel.
  • Audit Trails: Select a platform that provides detailed audit trails to track user activity and contract changes, enhancing transparency and accountability.

Version Control

Consider an IT contract management software that incorporates version control functionality to track and manage changes effectively across all documents and agreements.

Here are four key reasons why version control is essential for efficient contract management:

  • Track Changes: Easily monitor modifications made to contracts over time.
  • Maintain Document History: Keep a detailed record of all edits and revisions.
  • Ensure Compliance: Stay compliant by knowing who made changes and when.
  • Collaborate Effectively: Facilitate teamwork by enabling multiple users to work on documents simultaneously.

Version control is a crucial feature that can streamline your contract management processes and enhance overall efficiency.

Workflow Automation

IT contract management software with workflow automation features can significantly streamline processes and boost contract management efficiency. By automating tasks like approval workflows, document routing, and deadline notifications, you can save time and ensure that critical steps aren’t overlooked.

Look for software that offers customizable workflows to fit your needs, allowing you to tailor the automation to your unique contract management processes. With automated workflows, you can reduce manual errors, speed up contract cycles, and improve overall productivity.

Alerts and Notifications

To select the best IT contract management software for your needs, prioritize robust alerts and notifications functionality. When considering options, look for software that offers:

  • Real-time Alerts: Receive instant notifications for important contract milestones.
  • Customizable Notifications: Tailor alerts to suit your preferences and needs.
  • Escalation Alerts: Ensure timely responses with escalation notifications for pending actions.
  • Comprehensive Reminders: Stay on top of deadlines with reminders for upcoming tasks.

15 Best IT Contract Management Software

Check out our list of the best IT contract management software below:

  1. SignWell
  2. Docusign
  3. Agiloft
  4. Ironclad
  5. PandaDoc
  6. ContractWorks
  7. Conga
  8. Coupa
  9. DealHub
  10. LinkSquares
  11. CobbleStone Contract Insight
  12. ContractSafe
  13. ContractNow
  14. Concord
  15. Juro

1. SignWell

SignWell is an e-signing tool with the simplicity needed to streamline contract management and the features necessary to handle complex agreements. With drag-and-drop functionality, customizable templates, and a user-friendly interface, SignWell makes creating, sending, and signing contracts easy.

SignWell Contract Management

Setting up a contract in SignWell is as simple as dragging fields onto the document and assigning them to specific signers. You can also set signing orders, make certain fields mandatory, set data validation rules, and more.

All pending and completed contracts are stored securely, and you can quickly find the agreements you’re looking for with advanced searches and filters.

Key Features

  • Legally Compliant E-Signature: Collect legally compliant e-signatures according to US and international e-signing laws (ESIGN, eIDAS, etc.).
  • E-Signature API: Add e-signature functionality to your own website and apps with our developer-friendly API.
  • Document Management: View and manage pending and completed documents in one secure, central repository.
  • Signing Orders: Set up signing orders to reflect approval hierarchies or signing sequences—everyone gets a signed copy at the end.
  • Automatic Reminders: Automatically remind signatories regularly until your documents are signed.
  • Audit Trails: Access detailed logs of activity that start when a signatory first opens the document.
  • Integrations: Integrate SignWell with over 5,000 apps and tools via Zapier to automate your workflow.

Pricing

SignWell offers a free plan that lets one signer send and sign three documents every month—no credit card required. You can also access a limited number of advanced features like reminders and notifications.

SignWell Pricing

We also offer three paid plans:

  • Personal ($8/month)
  • Business ($24/month for 3 users + $8/month per additional user)
  • Enterprise (custom)

SignWell API Pricing

Finally, we also offer a pay-as-you-go pricing model for our API, where you are charged based on your usage. Billing takes place every 30 days, and if you opt for an annual payment, you’ll receive a 10% discount applied to your account.

Pros & Cons

Pros

  • Effortless integration
  • Affordable pricing
  • User-friendly interface
  • Strong security
  • Excellent customer support
  • Offers detailed audit reports
  • Does not require extensive experience to use effectively

Cons

  • Limited document modification
  • Lack of native integrations

2. Docusign

Docusign

Docusign is a leading e-signature and contract management tool used by tens of thousands of businesses worldwide. And while it isn’t specifically designed for IT departments, it’s certainly a useful tool for any organization that needs to manage contracts and documents efficiently.

This software automates critical steps like document creation, identity verification, and contract management, saving you time and money. Additionally, Docusign offers effortless integration with popular tools like Dropbox, Google Drive, and Microsoft Office.

Key Features

  • Electronic Signatures: Facilitates the easy and secure collection of electronic signatures.
  • Streamlined Workflows: Simplifies sending, signing, and tracking documents.
  • Security Measures: Utilizes encryption and multi-factor authentication for data protection.
  • Mobile Access: Enables signing documents from mobile devices, enhancing flexibility​.
  • Advanced AI Capabilities: Streamline document review and approvals by automatically identifying and extracting common contract terms, along with utilizing AI-powered agreement summarization to accelerate the process.

Pricing

You’ll need to contact sales for a quote for DocuSign CLM. Check out our guide on DocuSign’s eSignature API pricing here.

Pros & Cons

Pros

  • User-friendly
  • Secure identity verification
  • Available on mobile devices
  • Customizable templates
  • Efficient contract management
  • Widely recognized
  • Excellent support

Cons

  • Cost concerns
  • Platform can be confusing for some users 

3. Agiloft

Agiloft

Agiloft stands out in the IT contract management software space for its exceptional customizability and automation features, which are designed to accommodate a wide range of contract management tasks efficiently. 

Users also appreciate the platform’s reliable customer support, emphasizing the company’s commitment to fostering long-term customer relationships. 

Plus, Agiloft’s approach to continuous improvement and updates ensures that it remains at the forefront of technology and market trends, making it a robust solution for modern contract management challenges​.

Key Features

  • Automated Workflows: Automates routing for agreements and purchase requests through the approval process.
  • Customization: Offers extensive customization options to tailor the software to specific organizational needs.
  • Integration with Docusign: Once an agreement is approved, it is automatically uploaded to Docusign and routed for signature.
  • Outstanding Customer Service: Known for exceptional customer support and a willingness to help customize the product​

Pricing

Agiloft Pricing

Agiloft offers three plans—Essentials, Advanced, and Premium. You’ll need to contact their sales team directly to learn more about their pricing and get a customized quote for your business.

Pros & Cons

Pros

  • Highly customizable
  • Ease of use
  • Excellent customer support
  • Seamless integration
  • Automated contract management
  • Adapts to market trends
  • Secure and reliable
  • Efficient operational support

Cons

  • Initial learning curve
  • User interface improvements needed

4. Ironclad

Ironclad

Ironclad is a dedicated CLM software that aims to simplify and streamline complex contract processes. With its intuitive interface, powerful search capabilities, and AI-powered features, Ironclad promises to improve efficiency and reduce risks for businesses of all sizes.

Its standout features include conditional approval workflows and a clause library with pre-approved templates, significantly streamlining contract processes. Plus, Ironclad supports collaboration through features like private comments and version tracking.

Key Features

  • Salesforce Integration: Facilitates seamless integration with Salesforce for efficient contract management. Check out our guide to the best salesforce electronic signature solutions.
  • Docusign Integration: Supports e-signatures—but through a Docusign integration rather than natively.
  • Workflow Customization: Allows for the creation of conditional approvals and assignment of signers to streamline contract processes.
  • Workflow Designer Tool: User-friendly, drag-and-drop tool for building detailed workflows and capturing specific data types effectively.

Pricing

You’ll need to contact sales for a quote.

Pros & Cons

Pros

  • Intuitive interface
  • Time-saving automation
  • Strong security measures
  • Advanced collaboration options

Cons

  • Non-legal users might have a hard time understanding and using the tool
  • Limited customization options

5. PandaDoc

PandaDoc

PandaDoc is a comprehensive document workflow automation platform tailored for rapidly scaling teams. It aids in creating, managing, and digitally signing documents such as proposals, quotes, and contracts.

Serving over 50,000 organizations, PandaDoc aims to streamline document workflows, making it easier for teams to focus on their core tasks. It’s recognized for its integration capabilities, including popular CRM systems, enhancing productivity and efficiency across sales teams.

Key Features

  • Integrated eSignatures: Legally binding eSignatures to streamline approval processes.
  • Template Library: Over 1000 customizable templates to speed up document creation.
  • Document Analytics: Real-time insights into document engagement and activities.
  • CRM Integrations: Seamless connections with CRMs for streamlined data flow.

Pricing

PandaDoc Pricing

PandaDoc offers three pricing plans: 

  • Essentials ($19/month)
  • Business ($49/month)
  • Enterprise (custom)

Pros & Cons

Pros

  • Advanced security features
  • User-friendly
  • Automated information filling
  • Customizable, automatic document expiration dates
  • Comprehensive template library
  • Extensive CRM, payment, and storage integrations

Cons

  • Can be expensive compared to competitors 
  • Document renewal can be cumbersome
  • Issues with document delivery are occasionally reported

6. ContractWorks

ContractWorks

ContractWorks is a CLM that has attracted a large user base thanks to its user-friendly, intuitive design and huge feature set. With ContractWorks, users can easily store, manage, and organize contracts in one centralized repository. 

With features like contract milestone alerts, custom reports, and a solid Salesforce integration, it caters to the comprehensive needs of businesses looking to streamline their contract processes. 

Key Features

  • Contract Milestone Alerts: Keep track of important dates with alerts.
  • Custom Contract Reports: Generates detailed, tailored reports for better insights.
  • Salesforce Integration: Seamlessly connects with Salesforce to streamline workflows.
  • Built-In Electronic Signature: Facilitates secure and easy signing of documents.

Pricing

ContractWorks Pricing

ContractWorks offers three plans: 

  • Standard ($700/month)
  • Professional ($900/month)
  • Premium ($2000/month)

Pros & Cons

Pros

  • User-friendly interface
  • Unlimited document storage
  • Effective e-sign feature
  • Excellent customer support
  • Flexible folder structure
  • Responsive to customer feedback
  • Continuous platform improvements
  • Facilitates bulk document processes

Cons

  • Limited customization options
  • AI search functionality can be ineffective

7. Conga

Conga

Conga Contracts (part of the Conga Revenue Lifecycle Cloud) is an excellent IT contract management software thanks to its solid automation and document generation capabilities.

The tool enhances efficiency, reduces risk, and ensures compliance across business operations. With Conga Contracts, organizations can quickly create, approve, negotiate, and store agreements, transforming a lengthy process involving many staff into a streamlined task.

Key Features

  • Salesforce Integration: Offers advanced integration capabilities with Salesforce, allowing for improved operational workflows.
  • Highly Configurable System: Provides a flexible and incredibly configurable contract management system with robust collaboration options.
  • Comprehensive Template Library: Access to a comprehensive library of templates, enabling quick and easy creation of contracts.
  • Automated Document Generation: Enables easy creation of agreements using customizable templates, clause libraries, and more; simplifying document creation.

Pricing

You’ll need to contact sales for a quote.

Pros & Cons

Pros

  • Versatility and customization
  • Decent integration options
  • Rapid implementation
  • Comprehensive contract lifecycle management
  • Robust support and customer service

Cons

  • Learning curve for new users
  • Template customization complexity

8. Coupa

Coupa

Coupa is a business spend management (BSM) platform with some solid contract management features. It’s designed to help businesses manage the entire life cycle of their contracts, from creation to execution and renewal.

There are also features for tracking spending and managing vendor relationships, making it a comprehensive solution for businesses looking to streamline their IT procurement processes.

Key Features

  • End-to-End, Source-to-Pay Process Management: Supports the electronic management of the entire procurement process, from contracting and invoicing to spending analysis.
  • Supplier Collaboration: Boasts capabilities for effective supplier engagement, including visibility into POs, invoices, and payment statuses for improved relationships.
  • Risk Mitigation: Provides deep insights into contract terms and conditions, along with comprehensive risk-scoring for effective pre- and post-execution risk management.
  • AP Automation: Streamline your accounts payable processes, transforming a traditionally complex workflow into a simple, efficient, and automated system. 

Pricing

You’ll need to contact sales for a quote.

Pros & Cons

Pros

  • Ease of use
  • Configurability
  • Supplier management
  • Automation and efficiency
  • Strong contract collaboration features
  • Flexibility and scalability

Cons

  • Customization limitation
  • Slow mobile app

9. DealHub

DealHub

DealHub is a cloud-based CPQ and revenue platform that also offers a contract lifecycle management (CLM) solution designed to streamline the contract management process across various industries—including IT. The platform’s strength lies in its capability to manage the entire contract lifecycle from a single interface, boosting efficiency and compliance. 

Users can generate quotes and contracts, connect with prospects, and gain valuable buyer insights, all within a platform built to amplify revenue operations. This approach closes the gap between enterprise CPQ and other revenue operations, making DealHub suitable for IT contract management across several sectors​.

Key Features

  • Highly Customizable CPQ System: Allows the creation of sales playbooks, approval workflows, integrated redlining, and DealRoom functionalities.
  • Ease of Use and Customization: Tailor features, settings, and workflows to effectively manage contract performance and compliance.
  • Robust Integration Capabilities: Seamless integration with leading CRMs like Salesforce, Freshworks, and Microsoft Dynamics 365.
  • Flexible and User-Friendly Design: Provides intuitive, graphical reports and a user-friendly interface for a streamlined user experience.

Pricing

You’ll need to contact sales for a quote.

Pros & Cons

Pros

  • Scalability and flexibility
  • Exceptional support
  • Automation and efficiency
  • Enhanced contract and pricing management
  • Comprehensive contract visibility
  • User-centric design
  • Powerful customization and integration
  • Global accessibility

Cons

  • Limited reporting functionality
  • Implementation and administration challenges

10. LinkSquares

LinkSquares

LinkSquares uses artificial intelligence (AI) to streamline contract creation, signing, and reporting. The goal is to save time and improve accuracy in contract management.

Recognized as the fastest-growing AI-powered contract platform, LinkSquares is trusted by over 700 legal teams across mid-to-large-sized companies, illustrating its significant impact on the way contracts are managed and analyzed today​. 

Key Features

  • Contract Lifecycle Management: Facilitates the creation, review, management, and signing of contracts, providing an end-to-end solution for all contractual needs.
  • Legal Project Management: Centralizes legal work to keep projects moving efficiently, ensuring that all legal tasks are managed in one place.
  • Unified Capabilities: Offers scalability, efficiency, and connectivity, integrating seamlessly with existing tech stacks and streamlining legal workflows​.
  • AI-Powered Administration and Organization: Utilizes AI to organize contracts and extract crucial data, significantly reducing manual work.

Pricing

You’ll need to contact sales for a quote.

Pros & Cons

Pros

  • Streamlined contract management
  • Enhanced visibility
  • Automated analysis and reporting
  • Efficient data extraction
  • Collaborative workflows
  • Integration capabilities
  • Centralized and secured
  • Customizable

Cons

  • Compatibility issues with integrations
  • Learning curve

11. CobbleStone Contract Insight

Cobblestone Contract Insight

Cobblestone Software is an enterprise-level contract management system designed to support the full lifecycle of contracts. This highly customizable platform (available on-premises and as a cloud solution) focuses on streamlining contract processes and eliminating manual data entry through centralization and automation​. 

Key Features

  • MS Word Plugin & Approval Process: Enhances document creation and streamlines approvals.
  • Contract Monitoring: Includes a contract database, search functionality, milestone alerts, and custom reports.
  • Compliance Checks & Integrations: Supports compliance monitoring and integrates with major software like Salesforce and Docusign​.

Pricing

You’ll need to contact sales for a quote. There’s also a 30-day free trial available.

Pros & Cons

Pros

  • Highly customizable
  • Excellent customer support
  • Streamlines contract processes
  • Automates policy enforcement
  • Enhances contract visibility

Cons

  • Learning curve
  • Some users find generating custom reports challenging

12. ContractSafe

ContractSafe

ContractSafe is a cloud-based contract management solution designed for businesses of any size. It offers a comprehensive suite of features including contract management, key date alerts, permissions, and reporting and analytics.

The platform is known for its ease of use and efficiency in managing contracts, streamlining the contract-sharing process and making information accessible remotely​.

Key Features

  • Automatic Optical Character Recognition (OCR): Enables all documents to be searchable, making it easy to find contracts quickly.
  • Customizable Tagging and Dashboards: Users can sort, filter, and export key information and documents, offering customizable reports in CSV and Excel formats.
  • Automatic Date Reminders and Contract Templates: Facilitates the management of key contract dates and standardizes contract creation.
  • Role-Based Access Permissions: Ensures that users only have access to the documents and information that are relevant to their roles within the organization​ 

Pricing

ContractSafe Pricing

Choose from ContractSafe’s three plans: 

  • Organize (starts at $375/month)
  • Finalize (starts at $600/month)
  • Maximize (starts at $809/month)

Pros & Cons

Pros

  • User-friendly interface
  • Excellent search functionality
  • Outstanding customer support
  • Customizable to business needs
  • Effective integration with Docusign
  • Comprehensive contract management features
  • Unlimited user support
  • High overall satisfaction among users

Cons

  • Documents are sometimes slow to load
  • Learning curve

13. ContractNow

ContractNow

ContractNow is a cloud-based, intelligent contract management solution designed for businesses to consolidate all contracts, identify contractual risks by analyzing key clauses, and execute new contracts with integrated e-signature capabilities. 

It aims to provide total contract visibility, centralize document management, and streamline the contract management process through automation and AI-driven features.

Key Features

  • AI-Powered Data Extraction: Utilizes an AI Extract engine to automatically extract key information from PDFs or scanned documents, creating a full digital contract record.
  • Electronic Signatures: Offers unlimited e-signatures, allowing contracts to be signed anytime, anywhere, to ensure that all contracts are executed efficiently.
  • Search Capabilities and Automatic Reminders: Enhances searchability within contracts and sets automatic reminders for contract renewals to avoid missed deadlines.
  • Audit Trails: Maintain a comprehensive audit trail for each contract to ensure transparency and compliance.

Pricing

ContractNow offers a single plan for $995/month that includes unlimited contracts, documents, and users.

Pros & Cons

Pros

  • User-friendly dashboards
  • Audit reports
  • Logging and reminders
  • High user satisfaction
  • Flexible and secure
  • Cost-effective for large teams or high-volume usage

Cons

  • Customization can be challenging
  • Duplication issues
  • Manual downloading process

14. Concord

Concord

Concord is a versatile and efficient contract management platform designed to streamline the contract lifecycle from creation through renewal. Although it’s not exclusively marketed as an IT contract management software, its robust feature set can be highly beneficial for managing IT contracts. 

Concord provides an all-encompassing contract management solution that facilitates the drafting, negotiating, signing, and managing of contracts across organizations.

Key Features

  • Automated Templates: Saves hours of paperwork by allowing users to create contracts using predefined templates quickly.
  • Electronic Signature: Facilitates secure and fast signing processes directly within the platform, enhancing efficiency.
  • Version Control ensures that all parties are working on the latest version of a document and tracks changes and revisions comprehensively.
  • Clause Library: A repository for storing and reusing standard contract clauses, streamlining the drafting process.

Pricing

Concord Pricing

Concord’s pricing plans all start at 5 users:

  • Essentials ($49/user/month)
  • Business ($79/user/month)
  • Enterprise (custom)

Pros & Cons

Pros

  • User-friendly interface
  • Comprehensive contract lifestyle management
  • Highly secure
  • Excellent customer support
  • Flexible pricing
  • Free trial available
  • Integration capabilities 
  • Customizable reports

Cons

  • Limited analytics
  • Formatting issues

15. Juro

Juro

Juro is an AI-powered contract management platform that simplifies creating, negotiating, signing, and managing contracts. 

It’s designed to enhance the operational efficiency of legal, sales, and HR teams through automation and intelligent insights. Juro integrates seamlessly with popular business tools like Salesforce and Slack, offering a streamlined workflow that supports various contract management activities within a user-friendly interface.

Key Features

  • AI-Powered Contract Automation: Automates contract creation, negotiation, and management, speeding up workflows and reducing manual efforts.
  • Electronic Signature: Built-in e-signature capabilities facilitate quick, legally binding agreements accessible from desktop and mobile devices.
  • Contract Analytics: Provides actionable insights through AI-driven analysis to optimize contract performance and identify bottlenecks.
  • Customizable Workflows: Users can design approval workflows that fit their organizational needs.

Pricing

You’ll need to contact their sales team directly for more information about their pricing plans.

Pros & Cons

Pros

  • Streamlined contract management
  • User-friendly interface
  • Excellent integration capabilities
  • Scalable
  • Accessible on mobile devices
  • Prioritizes data security and compliance

Cons

  • The pricing structure may be a barrier for smaller companies

Conclusion

By utilizing this software, businesses can save time, reduce errors, and ensure compliance with regulations.

With the right IT contract management software in place, organizations can effectively track, store, and analyze their contracts, leading to increased efficiency and productivity. Consider investing in reliable IT contract management software to optimize your contract management processes.

At SignWell, we’re on a mission to simplify e-signatures and digital contracts for all kinds of businesses—whether they’re IT contracts, sales contracts, or service agreements. With our user-friendly platform, businesses can easily draft, send, and sign contracts in a few simple steps.

Sign up today to see for yourself!