Top 15 Contract Analytics tools to boost your performance in 2024

Contract Analytics softwares are complex and it can be tedious to look for the best suited for you until you understand the top capabilities in detail.

To solve this problem, here we have collated the list of top 5 CRM tools to boost your performance drawing on our experience, user reviews, and expert insights. All personally vetted for real-world impact.

CMPRO

5.0

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CMPRO can help you streamline product lifecycle management (PLM) processes. It's purpose-built for managing product data, engineering changes, and compliance requirements. You can leverage its core capabilities like configuration management and workflow automation to ensure data integrity, improve collaboration, and accelerate time-to-market for your products.

Key features:

BOM Management
PSASys offers advanced Bill of Materials (BOM) management capabilities, allowing users to create, edit, and manage BOMs for their products. This feature enables users to track components, versions, and revisions throughout the product lifecycle, ensuring accurate and up-to-date information for manufacturing and assembly processes.
Change Management
PSASys provides robust change management functionalities that facilitate the management of engineering changes and revisions. This feature allows users to track and control changes to product designs, documents, and specifications, ensuring compliance with regulatory requirements and minimizing the risk of errors or inconsistencies.
Supplier Collaboration
PSASys includes supplier collaboration tools that enable seamless communication and collaboration with external suppliers and partners. This feature allows users to share documents, specifications, and project updates with suppliers, streamline procurement processes, and ensure alignment throughout the supply chain for efficient product development and delivery.

PandaDoc

4.7

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PandaDoc is designed to streamline the document creation and management process. The tool allows you to create, send, track, and e-sign documents easily. With key features like customizable templates and real-time collaboration, you can effectively streamline workflows, improve document accuracy, and accelerate the document signing process, ultimately saving time and increasing productivity.

Key features:

Product Data Management (PDM)
PSASys includes robust PDM capabilities, allowing users to centrally manage product-related data such as CAD files, specifications, and documentation throughout the product lifecycle. This feature ensures data integrity, version control, and accessibility, facilitating collaboration among cross-functional teams and stakeholders.
Quality Management
PSASys offers comprehensive quality management functionalities, enabling users to define, track, and manage quality processes and standards across the product lifecycle. This feature includes capabilities for managing non-conformances, corrective actions, audits, and inspections, ensuring compliance with regulatory requirements and industry standards.
Compliance and Regulatory Management
PSASys provides specialized tools for compliance and regulatory management, allowing users to track and ensure compliance with various regulatory requirements, standards, and certifications relevant to their industry. This feature includes capabilities for managing documentation, certifications, audits, and regulatory submissions, helping organizations mitigate risks and maintain compliance throughout the product lifecycle.

ContractSafe

4.6

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ContractSafe is a leading solution for contract management. You can use this tool to centralize, organize, and manage all your contracts securely in one place. Features like advanced search functionality and automated alerts will help you easily access important contract information, stay informed about key dates and obligations, and mitigate risks associated with contract management, ultimately improving compliance and increasing operational efficiency.

Key features:

AI-Powered Contract Analysis
ContractSafe provides AI-powered contract analysis capabilities that automatically extract key data points, clauses, and metadata from contracts. This feature streamlines the contract intake process, improves accuracy, and enables users to quickly search and retrieve relevant contract information.
Customizable Contract Workflows
ContractSafe offers customizable contract workflows that allow users to define and automate their contract management processes. This feature enables users to create custom approval workflows, set up reminders and notifications, and track contract status and progress, enhancing efficiency and collaboration across teams.
Secure Document Repository
ContractSafe includes a secure document repository with advanced access controls and permissions. This feature ensures that sensitive contract documents are stored securely, accessible only to authorized users, and protected against unauthorized access or data breaches, providing peace of mind and compliance with data privacy regulations.

Gatekeeper

4.5

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Gatekeeper is purpose-built for contract management and procurement. This tool is a good choice for supplier relationship management and vendor performance tracking. Using its capabilities like contract lifecycle automation and customizable reporting, you can work toward improving compliance, reducing risks, and optimizing vendor relationships, ultimately driving cost savings and operational efficiency.

Key features:

Contract Collaboration Hub
Gatekeeper provides a centralized contract collaboration hub that allows stakeholders to collaborate on contract creation, negotiation, and approval processes in real-time. This feature enables seamless communication and collaboration among team members, external parties, and legal professionals, streamlining the contract lifecycle and reducing turnaround times.
AI-Powered Contract Insights
Gatekeeper offers AI-powered contract insights capabilities that analyze contract data to identify risks, opportunities, and compliance issues. This feature provides valuable insights into contract terms, obligations, and performance metrics, enabling users to make informed decisions, mitigate risks, and optimize contract outcomes.
Vendor Performance Management
Gatekeeper includes vendor performance management tools that allow users to track and evaluate vendor performance against predefined KPIs and SLAs. This feature enables organizations to assess vendor performance objectively, identify areas for improvement, and negotiate better terms and conditions, ultimately enhancing vendor relationships and driving business value.

Ironclad

4.5

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Ironclad is an ideal tool to streamline contract management processes. The platform will help you centralize, automate, and optimize contract workflows. Some of its core features, like customizable contract templates and AI-powered contract analytics, will go a long way in improving efficiency, reducing risk, and accelerating contract lifecycle times, ultimately enabling better business outcomes.

Key features:

Dynamic Clause Library
Ironclad offers a dynamic clause library feature that allows users to create and manage a repository of reusable contract clauses and templates. This feature enables users to quickly assemble contracts from pre-approved language, ensuring consistency, accuracy, and compliance with company standards and legal requirements.
Automated Contract Negotiation
Ironclad provides automated contract negotiation capabilities that streamline the negotiation process by tracking changes, managing versions, and facilitating collaboration among parties. This feature includes redlining tools, comment tracking, and approval workflows, enabling faster resolution of contract negotiations and reducing cycle times.
Collaborative Contracting Platform
Ironclad includes a collaborative contracting platform that facilitates seamless communication and collaboration among stakeholders, legal teams, and external parties throughout the contract lifecycle. This feature enables real-time collaboration, document sharing, and task assignment, ensuring alignment, transparency, and accountability across all parties involved in the contracting process.

ContractWorks

4.8

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ContractWorks is designed to simplify contract management processes. The tool allows you to securely store, track, and manage all your contracts in one centralized repository. With key features like customizable contract templates and automated alerts and reminders, you can effectively streamline contract creation, improve compliance, and reduce risks associated with contract management. Ultimately, this leads to increased efficiency, better decision-making, and enhanced contract outcomes for your organization.

Key features:

Advanced OCR (Optical Character Recognition)
ContractWorks offers advanced OCR capabilities that automatically scan and extract text from scanned or uploaded documents. This feature enables users to quickly digitize and index contract documents, making them searchable and accessible within the platform without manual data entry.
Customizable Metadata and Tagging
ContractWorks provides customizable metadata and tagging functionalities that allow users to categorize and organize contracts based on specific attributes or criteria. This feature enables users to create custom tags, fields, and filters to tailor the contract management process to their organization's unique needs and workflows.
Secure Document Collaboration
ContractWorks includes secure document collaboration tools that facilitate communication and collaboration among contract stakeholders. This feature allows users to share documents securely, track changes, and collaborate on contract reviews and approvals in real-time, improving collaboration and decision-making while maintaining data security and compliance.

Jotform Sign

4.7

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Jotform Sign is a leading solution for streamlining the signing and management of digital documents. You can use this tool to automate workflows, collect legally binding signatures, and enhance document security. Features like customizable templates and real-time tracking will help you increase efficiency and ensure compliance in your document processes.

Key features:

Automated Workflow and Approval Process
Jotform Sign allows users to create automated workflows and approval processes, ensuring that documents are routed to the right people in the right order without manual intervention.
Customizable E-Signature Templates
Users can design and customize e-signature templates to fit their specific needs, enabling a consistent and professional appearance across all signed documents.
Advanced Security and Compliance
Jotform Sign provides advanced security features such as encryption and audit trails, ensuring that all digital signatures are secure and comply with legal standards like ESIGN and GDPR.

ContractNow

0.0

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ContractNow can help you streamline the contract lifecycle management process. It's purpose-built for contract creation, negotiation, and approval. You can leverage its core capabilities like customizable contract templates and automated workflow orchestration to increase operational efficiency and reduce contract cycle times. Ultimately, this enables organizations to accelerate deal closure, mitigate risks, and enhance compliance, driving better business outcomes.

Key features:

Smart Contract Clause Suggestions
ContractNow provides smart contract clause suggestion capabilities that leverage artificial intelligence to recommend relevant clauses based on the type of contract and industry-specific requirements. This feature helps users create contracts more efficiently and ensures completeness and accuracy in contract drafting.
Real-time Collaboration and Negotiation
ContractNow offers real-time collaboration and negotiation tools that enable seamless communication and collaboration among stakeholders during the contract negotiation process. This feature allows users to track changes, comment on sections, and resolve discrepancies in real-time, speeding up the negotiation process and improving collaboration.
Intelligent Contract Insights
ContractNow includes intelligent contract insights capabilities that provide users with actionable insights and analytics on contract performance, risks, and compliance. This feature enables users to monitor contract status, track key metrics, and identify areas for improvement, empowering them to make data-driven decisions and optimize contract outcomes.

EZLynx

4.2

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EZLynx is purpose-built for insurance agency management. This tool is a good choice for streamlining policy renewals, managing customer relationships, and enhancing agency productivity. Using its capabilities like real-time quoting and automated marketing campaigns, you can work toward maximizing efficiency and growing your insurance business.

Key features:

Real-Time Quoting
EZLynx provides real-time insurance quotes from multiple carriers, allowing agents to quickly compare and present the best options to their clients, saving time and improving customer satisfaction.
Automated Marketing Campaigns
The platform offers automated marketing tools that enable agencies to create, manage, and track targeted marketing campaigns, helping to engage clients and prospects more effectively.
Client Center
EZLynx's Client Center is a self-service portal where clients can view their policies, request changes, and access important documents, enhancing the customer experience and reducing the workload on agency staff.

Evisort

4.6

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Evisort is an ideal tool to streamline contract management and analysis. The platform will help you automate contract workflows, improve compliance, and gain actionable insights from your contracts. Some of its core features, like AI-powered contract analysis and automated contract lifecycle management, will go a long way in increasing operational efficiency and reducing legal risks.

Key features:

AI-Powered Contract Analysis
Evisort uses advanced AI to analyze contracts, extracting key data points and identifying critical terms and clauses. This feature allows for quick and accurate contract review, saving time and reducing errors.
Automated Contract Lifecycle Management
The platform automates the entire contract lifecycle, from creation and negotiation to execution and renewal. This ensures that contracts are managed efficiently, deadlines are met, and compliance is maintained.
Customizable Dashboards and Reporting
Evisort offers customizable dashboards and reporting tools that provide real-time insights into contract performance and metrics. This helps organizations make data-driven decisions and monitor the health of their contracts portfolio effectively.

ProjectTeam.com

4.4

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ProjectTeam.com can help you manage construction projects efficiently. It's purpose-built for streamlining project collaboration, document management, and workflow automation. You can leverage its core capabilities like customizable project dashboards and real-time communication tools to improve project transparency and ensure timely project completion.

Key features:

Customizable Project Dashboards
ProjectTeam.com allows users to create customizable dashboards that provide a comprehensive overview of project status, key metrics, and important documents. This feature enables project managers to easily monitor progress and make informed decisions.
Comprehensive Document Management
The platform offers a robust document management system that allows users to store, organize, and retrieve project documents effortlessly. Features include version control, document tagging, and secure access, ensuring that all team members have the latest information at their fingertips.
Integrated Change Order Management
ProjectTeam.com includes integrated change order management, allowing users to easily create, track, and manage change orders throughout the project lifecycle. This feature ensures that all changes are documented, approved, and reflected in the project plan, helping to maintain project scope and budget control.

Avokaado

0.0

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Avokaado is designed to simplify the creation and management of legal documents. The tool allows you to streamline contract drafting, automate document workflows, and collaborate with team members and clients. With key features like customizable document templates and AI-powered contract analysis, you can effectively reduce the time and effort required for legal document generation and ensure compliance with legal standards, ultimately saving costs and increasing efficiency for your organization.

Key features:

AI-Powered Contract Automation
Avokaado utilizes artificial intelligence to automate the creation and management of contracts. Its AI engine helps users draft contracts efficiently by suggesting relevant clauses, detecting inconsistencies, and ensuring compliance with legal requirements.
Document Collaboration and Review Workflow
The platform offers robust collaboration tools that allow users to collaborate with team members, clients, and stakeholders in real-time. It facilitates seamless document sharing, commenting, and approval workflows, enhancing collaboration and speeding up the review process.
Integrations with LegalTech Ecosystem
Avokaado integrates with various legal technology tools and platforms, providing users with access to a comprehensive legal ecosystem. These integrations enhance the functionality of Avokaado and allow users to leverage additional resources and services to enhance their legal workflows.

Juro

4.6

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Juro is a leading solution for contract lifecycle management. You can use this tool to streamline the creation, negotiation, and management of contracts. Features like AI-powered contract analytics and customizable contract templates will help you automate manual tasks, improve contract visibility, and accelerate the contract approval process, ultimately saving time and reducing legal risk for your organization.

Key features:

Intelligent Contract Workflow Automation
Juro offers intelligent contract workflow automation, allowing users to create custom approval workflows tailored to their specific needs. The platform automates routine tasks, such as contract generation, negotiation, and approval, streamlining the entire contract lifecycle.
Self-Service Contracts
Juro enables self-service contracts, empowering users to create, negotiate, and sign contracts independently through a user-friendly interface. This feature improves efficiency and reduces dependency on legal or contract management teams for routine contract tasks.
Contract Analytics and Insights
Juro provides advanced contract analytics and insights, leveraging AI to analyze contract data and extract valuable insights. Users can gain visibility into contract performance, identify trends, and make data-driven decisions to optimize contract management processes.

Lucernex

4.1

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Lucernex is purpose-built for lease administration and accounting. This tool is a good choice for managing real estate leases, property portfolios, and financial obligations. Using its capabilities like automated lease tracking and customizable reporting, you can work toward optimizing lease performance and ensuring compliance with lease agreements and accounting standards.

Key features:

Integrated Lease Administration and Accounting
Lucernex offers integrated lease administration and accounting capabilities, allowing users to manage all aspects of lease lifecycle management in one platform. This feature enables efficient lease tracking, financial reporting, and compliance management.
Advanced Lease Analytics and Reporting
The platform provides advanced lease analytics and reporting tools that offer insights into lease performance, occupancy costs, and portfolio health. Users can generate customizable reports and dashboards to monitor key lease metrics and make informed business decisions.
Comprehensive Lease Accounting Compliance
Lucernex ensures compliance with lease accounting standards such as ASC 842 and IFRS 16 by automating lease calculations, generating accurate financial disclosures, and providing audit trails for lease accounting transactions. This feature helps organizations streamline lease accounting processes and mitigate compliance risks.

Outlaw

4.6

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Outlaw can help you streamline contract management processes. It's purpose-built for creating, negotiating, and executing contracts seamlessly. You can leverage its core capabilities like intuitive contract drafting and real-time collaboration to accelerate the contract lifecycle and ensure compliance.

Key features:

Smart Contract Generation
Outlaw offers smart contract generation capabilities, allowing users to create contracts quickly and efficiently using customizable templates. Its intelligent features help streamline the drafting process while ensuring compliance with legal standards and organizational policies.
Interactive Contract Workflows
The platform provides interactive contract workflows that facilitate seamless collaboration and negotiation among stakeholders. Users can track changes in real-time, exchange comments, and securely share documents, improving communication and expediting the contract review process.
Visual Contract Analytics
Outlaw offers visual contract analytics tools that provide insights into contract performance, risks, and trends. Users can visualize contract data through interactive dashboards and reports, enabling them to make informed decisions and optimize contract management strategies.