Ratings Breakdown
User Reviews Overview
Feature Ratings
Ease-of-use
4.0 / 5
Value for Money
4.0 / 5
Customer Support
4.0 / 5
Functionality
4.0 / 5
Pros
"really, nothing, I haven't see any pros on this"
"It has Drafting and Negotiation function in the system itself, so it will be paperless environment if we use this system."
"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
"There should have been more editing function like MS word. Otherwise it is good."
"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"
"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"
ContractRoom Reviews
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April 2017
Nittin from UnitedLex
Company Size: 501-1,000 employees
Industry: Legal Services
Time Used: Less than 2 years
Review Source: Capterra
Ease-of-use
5.0
Value for money
5.0
Customer support
5.0
Functionality
5.0
April 2017
Feedback for ContractRoom Application
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
March 2017
Prabhjyot from UnitedLex
Company Size: 201-500 employees
Industry: Legal Services
Time Used: Less than 12 months
Review Source: Capterra
Ease-of-use
4.0
Value for money
5.0
Customer support
4.0
Functionality
4.0
March 2017
Streamline Process for Contracting Life Cycle
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.
May 2017
alejandro from Computers
Company Size: 10,000+ employees
Industry: Electrical/Electronic Manufacturing
Time Used: Less than 12 months
Review Source: Capterra
Ease-of-use
1.0
Value for money
1.0
Customer support
2.0
Functionality
2.0
May 2017
slow, complicated, not an easy tool
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
May 2017
satyendra from UnitedLex
Time Used: Less than 6 months
Review Source: Capterra
Ease-of-use
5.0
Value for money
5.0
Customer support
5.0
Functionality
5.0
May 2017
its very nice, systematice and easy.
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.
November 2015
Matt from Accenture
Time Used: Free Trial
Review Source: Capterra
Ease-of-use
4.0
Customer support
4.0
November 2015
Exceptional Functionality
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.
April 2017
sumit from UnitedLex
Company Size: 501-1,000 employees
Industry: Legal Services
Time Used: Less than 12 months
Review Source: Capterra
Ease-of-use
5.0
Value for money
5.0
Customer support
5.0
Functionality
5.0
April 2017
It is the best CLMS tool I have used
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
October 2017
Nikhil from UnitedLex
Company Size: 1,001-5,000 employees
Industry: Legal Services
Time Used: Less than 6 months
Review Source: Capterra
Ease-of-use
4.0
Value for money
4.0
Customer support
5.0
Functionality
4.0
October 2017
Its been an awesome experience using the ContractRoom application since it is easy to use cloud tech
1) With the introduction of ContractRoom, now the contract lifecycle management gets easier. 2) Negotiations can be done over the system, so there is less manual work.. 3) Everything is documented in the tool. 4) Easy to use as this has a cloud based technology.
Pros
ContractRoom is a cloud-based negotiation and contract lifecycle management system that changes the way deals get done and how decisions are made.
Cons
1) It should have more inbuilt frameworks which could help the to save the manual work. 2) There should have been more editing functions.
December 2015
Nelson from Blackknight Trading
Time Used: Free Trial
Review Source: Capterra
Ease-of-use
4.0
Customer support
4.0
December 2015
Contract room increases productivity by streamlining our corporate interface.
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.
April 2017
Dharmendra from Unitedlex
Company Size: 501-1,000 employees
Industry: Financial Services
Time Used: Less than 6 months
Review Source: Capterra
Ease-of-use
5.0
Value for money
5.0
Customer support
5.0
Functionality
5.0
April 2017
Easy to use and user friendly
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
March 2019
Anonymous
Company Size: 11-50 employees
Time Used: Less than 6 months
Review Source: Capterra
Ease-of-use
4.0
Functionality
4.0
March 2019
contracts done faster and easier
Pros
As a legal practitioner sometimes we need some help with the quantity of contract we need to prepare in order to comply with our clients duedates thats why a software like contractroom is very useful. For me the best feauture they have is that you basically can have al the negotiation online which is helpful when your clients are all over the world.
Cons
I´ve been using this software for a short time and by this moment I dont have anyting to change about it, as I said it is useful when you need to prepare legal docs faster than normally.
April 2017
alex from global procurement
Company Size: 10,000+ employees
Industry: Computer Networking
Time Used: Less than 12 months
Review Source: Capterra
Ease-of-use
2.0
Value for money
2.0
Customer support
1.0
Functionality
2.0
April 2017
not good enough
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
December 2015
Brian from Gearinger Law Group
Time Used: Free Trial
Review Source: Capterra
Ease-of-use
5.0
Customer support
4.0
December 2015
Contract Rooms excels for a solo practitioner
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.
January 2016
Juan from Management Consulting
Time Used: Free Trial
Review Source: Capterra
Ease-of-use
5.0
Customer support
5.0
January 2016
Contract Room has set a new standard for contract management.
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.
May 2017
fatima from Information Technology and Services
Company Size: 10,000+ employees
Industry: Computer & Network Security
Time Used: Less than 6 months
Review Source: Capterra
Ease-of-use
4.0
Value for money
5.0
Customer support
2.0
Functionality
4.0
May 2017
Good tool for contract
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.
December 2015
Meg from Friends of The Underline
Time Used: Free Trial
Review Source: Capterra
Ease-of-use
5.0
Customer support
5.0
December 2015
ContractRoom makes negotiations easy
ContractRoom has dramatically improved the way we build agreement and track contracts.
December 2015
Jonathan from Itopia
Time Used: Free Trial
Review Source: Capterra
Ease-of-use
5.0
Customer support
5.0
December 2015
Contract Room has greatly simplified our contracting process
The greatest benefit is the time reduction from the initial email to closure
December 2015
John from ConAgra Foods, Lamb Weston
Time Used: Free Trial
Review Source: Capterra
Ease-of-use
4.0
Customer support
4.0
December 2015
A comprehensive and agile platform
Easy to use, comprehensive, thorough and secure.