ContractRoom Software


 

Contract Room is content management software for medium to large businesses in all industries. The system is equipped with document management functions as well as document capture and image processing. It also offers case management and records management.

Contract Room is a cloud-based system and is compatible with Mac iOS and Windows and can be accessed through mobile devices. The software can guide the user through the whole contracting process and allows for communication between buyers and sellers. Once the contract is created, users can collaborate on the paperwork and execute the contract. Once the contract is executed the users can place signatures on documents electronically

The workflow management application lets users automated and assigning tasks and create timelines for when the tasks need to be completed. The agreement archive automatically stores contracts whether they are made on or offline and the contract management application imports and captures data from agreements that are made offline. The system can integrate with current tools such as Outlook, Gmail, and Calendar.

 

ContractRoom - Dashboard
 
  • ContractRoom - Dashboard
    Dashboard
  • ContractRoom - Team admin
    Team admin
  • ContractRoom - Playbook
    Playbook
  • ContractRoom - Comment
    Comment
  • ContractRoom - Discussions
    Discussions
  • ContractRoom - Business metrics
    Business metrics
Supported Operating System(s):
Mac OS, Web browser (OS agnostic), Windows 10

17 Reviews of ContractRoom

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fatima from Information Technology and Services
Number of employees: 10,000+ employees Employees number: 10,000+ employees

May 2017

May 2017

Good tool for contract

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

Contract data base

Pros

we can upload all the documents that we have in our data base and easy work in the best template to my needs

Cons

When we try to do some changes are not amiable , its complicated edit them , as well the suppliers cant see the redlines.

Source: Capterra
 

alejandro from Computers
Number of employees: 10,000+ employees Employees number: 10,000+ employees

May 2017

May 2017

slow, complicated, not an easy tool

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

none

Pros

well to be honest the only pro I can se is that you can use it in any computer, but other thant that I do not see any

Cons

slow, difficult for the user, the supplier does not like it, so hard to edit, the ocntract I need is never there, is a total waist of time

Source: Capterra
 

satyendra from UnitedLex

May 2017

May 2017

its very nice, systematice and easy.

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support
Pros

ContractRoom CLMS has a wide scope due to its features, good user interface and easy implementation. It has a unique function wherein the written and oral negotiation and redlining are captured within the one place and the system will make it easy for the context of a comment or redline to be understood. Once negotiation for a contract is complete the CLM system guides the approval process and automatically prompt those with the required authorities to provide their approval - making this process as seamless as possible - and it will be accessible on a mobile device as well.

Cons

Nogotiations can be done in the document and one can mention comment as well. This is one of the best features.

Source: Capterra
 

Prabhjyot from UnitedLex

May 2017

May 2017

Great Experience working with ContractRoom Application.

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support
Pros

Very easy and time consuming, also we can do drafting and negotiation, approvals and signatures at one place.

Cons

Framework editor should have more options like word documents. It would be great if we have options like what we have in word documents.

Source: Capterra
 

sumit from UnitedLex
Number of employees: 501-1,000 employees Employees number: 501-1,000 employees

April 2017

April 2017

It is the best CLMS tool I have used

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

This tool serves all my contract related needs and helps me tackle my clients realtime.
It is time saving, user friendly and keeps a track of my complete audit trail

Pros

user friendly and takes care of all contract related needs.

Cons

yet to find one

Source: Capterra
 

Nittin from UnitedLex
Number of employees: 501-1,000 employees Employees number: 501-1,000 employees

April 2017

April 2017

Feedback for ContractRoom Application

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

Contract Room is a very user friendly tool and requires minimal time investment in learning the tool. Negotiating the agreement with internal and external stakeholders real time is one of the functionalities which is a USP of this tool.
In addition the robust reporting with no room of data discrepancy as the information is directly retrieved from the agreement tags.

Pros

a) Online Drafting & Negotiation
b) Robust Reporting
c) Swift Deployment

Cons

a) System performance is hampered at times and multiple log in and log out attempts

Advice to Others

a) Efforts required to fix the performance issue

Source: Capterra
 

Dharmendra from Unitedlex
Number of employees: 501-1,000 employees Employees number: 501-1,000 employees

April 2017

April 2017

Easy to use and user friendly

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

I had a very good experience with the ContractRoom Application, it is easy to use and user friendly. looking at the videos on you tube I could easily use it. Also, I must say that the feature of drafting and collaborating with the team is very good

Pros

The drafting feature is very good and easy to use, further the collaboration feature is awesome.

Cons

no issue with software, just once found that the contract was no loading on time

Advice to Others

10

Source: Capterra
 

Prabhjyot from UnitedLex

April 2017

April 2017

Awesome software

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

Its a CMLS TOOL every steps performed through one system. System has drafting negotiations, signature and archival functionality which is great experience to use.

Pros

We can do everything in one system related to contracts.

Cons

Styling and listing function should be improved.

Advice to Others

Good experience overall.

Source: Capterra
 

alex from global procurement
Number of employees: 10,000+ employees Employees number: 10,000+ employees

April 2017

April 2017

not good enough

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

under my experience, this is not good enough, you dont have anough room to noegotiate the contract, specially the construction ones, because you need so many different things there, is not easy to edit, is not faster as should be. this tool makes my work harder

Pros

really, nothing, I haven't see any pros on this

Cons

hard to edit, hard to identify the issues, I never have the correct template, the supplier gets confuse every time, is a waste of time

Advice to Others

word is faster, easier, and simple

Source: Capterra
 

Prabhjyot from UnitedLex
Number of employees: 201-500 employees Employees number: 201-500 employees

March 2017

March 2017

Streamline Process for Contracting Life Cycle

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

It has been a great experience overall as it is helpful where we can draft, negotiate, approve and get it signed using this system. Everything gets recorded and we can check real time history. It works on cloud so very easy to operate and take less time to connect. It has many features like adding team members, downloading document, etc. Overall it is a great tool.

Pros

It has Drafting and Negotiation function in the system itself, so it will be paperless environment if we use this system.

Cons

There should have been more editing function like MS word. Otherwise it is good.

Advice to Others

No, I think developers are doing a good job and regular updates are there.

Source: Capterra
 

Juan from Management Consulting

January 2016

January 2016

Contract Room has set a new standard for contract management.

Ease-of-use

Product Quality

Customer Support

Ease-of-use
Usability
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Quality
Support

A multi party collaborate process which provides a very efficient and effective platform to negotiate, close and manage all aspects of a negotiation.

It is very user friendly and eliminates messy paperwork and archaic processes.

Source: Capterra
 

Jonathan from Itopia

December 2015

December 2015

Contract Room has greatly simplified our contracting process

Ease-of-use

Product Quality

Customer Support

Ease-of-use
Usability
Product Quality
Quality
Support

The greatest benefit is the time reduction from the initial email to closure

Source: Capterra
 

John from ConAgra Foods, Lamb Weston

December 2015

December 2015

A comprehensive and agile platform

Ease-of-use

Product Quality

Customer Support

Ease-of-use
Usability
Product Quality
Quality
Support

Easy to use, comprehensive, thorough and secure.

Source: Capterra
 

Brian from Gearinger Law Group

December 2015

December 2015

Contract Rooms excels for a solo practitioner

Ease-of-use

Product Quality

Customer Support

Ease-of-use
Usability
Product Quality
Quality
Support

I often collaborate with other attorneys and multiple clients. ContractRoom makes it easy to obtain input from multiple parties at the same time without having to send multiple emails back and forth. The automated process saves time as well.

Source: Capterra
 

Nelson from Blackknight Trading

December 2015

December 2015

Contract room increases productivity by streamlining our corporate interface.

Ease-of-use

Product Quality

Customer Support

Ease-of-use
Usability
Product Quality
Quality
Support

In my company Blackknight trading, we desired a system where our upstream data group be able to construct streamlined transmission with our downstream sourcing division. Contract room provides the collaborative mechanism for these two groups. The hurdles that we faced prior to usage of Contract room were caused by the traditional data management problems that caused basic channel clogs. Contract room has eliminated the clogs in our system, thus decreasing the delivery time of data and converts the data transfer to a commitment from our downstream sourcing. Our ROI is increased by better delivery speeds because our upstream team is able to draft agreements easily and the sourcing teaming can work more efficiently and drive our overall profitability goals.

Source: Capterra
 

Meg from Friends of The Underline

December 2015

December 2015

ContractRoom makes negotiations easy

Ease-of-use

Product Quality

Customer Support

Ease-of-use
Usability
Product Quality
Quality
Support

ContractRoom has dramatically improved the way we build agreement and track contracts.

Source: Capterra
 

Matt from Accenture

November 2015

November 2015

Exceptional Functionality

Ease-of-use

Product Quality

Customer Support

Ease-of-use
Usability
Product Quality
Quality
Support

Contract Room is an exceptionally strong document management, e-signature, and corporate negotiation product with all core functions rolled into one. Add on top of this a role based user interface and you have a solid and affordable solution that can easily reduce the time and expense in streamlining your contract management and negotiation process. While there are still opportunities for better integration with ERP and CRM systems, the underlying database architecture of Contract Room makes this not a matter of if but when. This architecture also makes the software incredibly flexible and customizable, letting the user create custom tags to manage different types of documents in the most effective way. Overall this is a great product with a ton of potential which will only get better as time goes on. The reasonable cost for the high functionality make this one of the better corporate software buys out there, which will only continue to get better as functions continue to be added and developed.

Source: Capterra