EraCLM 2026: Benefits, Features & Pricing

It is a valuable tool that helps streamline the contract negotiation and management process. It helps capture transaction and behavior data, and uses machine learning to predict the best terms and clauses for future agreements. This makes the process more efficient and effective, and I would highly recommend it to any organization looking to improve their processes in this area.

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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.

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.

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

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.

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.

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.