About ContractRoom

Contract Room is content management solution that helps finance, human resource, operations and legal departments to capture documents and process images. It also offers case management and records management features. The solution is compatible with Mac iOS and Windows and can be accessed through mobile devices.

Contract Room 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 automate the process of assigning tasks and create timelines for when the tasks need t...


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Supported Operating System(s):

Mac OS, Web browser (OS agnostic), Windows 10

17 Reviews of ContractRoom

Average User Ratings

Overall

4.24 / 5 stars

Ease-of-use

4.0

Value for money

4.0

Customer support

4.0

Functionality

4.0

Ratings Snapshot

5 stars

(9)

9

4 stars

(6)

6

3 stars

(0)

0

2 stars

(1)

1

1 stars

(1)

1

Likelihood to Recommend

Not likely

Very likely

Showing 1 - 5 of 17 results

April 2017

Nittin from UnitedLex

Verified Reviewer

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

Verified Reviewer

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

Verified Reviewer

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

Verified Reviewer

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

Verified Reviewer

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.