Software Alternatives, Accelerators & Startups

ContractWorks VS Sumsub

Compare ContractWorks VS Sumsub and see what are their differences

ContractWorks logo ContractWorks

ContractWorks provides secure and easy-to-use contract management software that helps you gain control of your contracts.

Sumsub logo Sumsub

One verification platform to secure the whole user journey
  • ContractWorks Landing page
    Landing page //
    2023-04-16
  • Sumsub Landing page
    Landing page //
    2022-10-30

Sumsub is the one verification platform that secures every step of the user journey. With Sumsub’s customizable KYC, KYB, transaction monitoring and fraud prevention solutions, you can orchestrate your verification process, welcome more customers worldwide, meet compliance requirements, reduce costs and protect your business.

Sumsub achieves the highest conversion rates in the industry—91.64% in the US, 95.86% in the UK, and 90.98% in Brazil—while verifying users in less than 50 seconds on average.

Sumsub’s methodology follows FATF recommendations, the international standard for AML/CTF rules and local regulatory requirements (FINMA, FCA, CySEC, MAS, BaFin).

ContractWorks videos

ContractWorks Contract Management Software

More videos:

  • Review - Contractworks Contract Management Software Your Clients Can Implement In Minutes

Sumsub videos

How Sumsub KYC works

More videos:

  • Demo - Full-cycle business verification (KYB)
  • Review - The most flexible transaction monitoring solution (KYT)

Category Popularity

0-100% (relative to ContractWorks and Sumsub)
Contract Management
100 100%
0% 0
Identity Verification And Protection
Document Automation
100 100%
0% 0
Identity Verification
0 0%
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare ContractWorks and Sumsub

ContractWorks Reviews

Top 17 Best Contract Management Software for Small Business
ContractWorks provides secure and easy-to-use contract management software that helps you gain control of your contracts.
Source: cllax.com
12 Best Contract Management Software 2022
ContractWorks has excellent automated functions. As a result, you will increase contract visibility, reduce risks of errors and auditing, and stay up to date with important processes such as renewal dates. Its price plans also vary based on your contractual needs, so confirm this before signing up for an account.

Sumsub Reviews

  1. Hands down one of the best experiences with document verification. I have to go through this kind of checks on a weekly basis and sumsub is relatively fast and has a smooth interface that guides you through the whole process. Solid 5/7

    👍 Pros:    Super fast

Discover the Top 5 Identity Verification Providers in 2023
When it comes to capabilities, flexibility is a key selling point as it empowers organizations to align the identity verification service with their unique workflows, compliance needs, and risk appetite. Different vendors provide different levels of customizations, with ComplyCube and SumSub offering the most flexible and granular options in their respective online portals.

Social recommendations and mentions

Based on our record, Sumsub seems to be more popular. It has been mentiond 8 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

ContractWorks mentions (0)

We have not tracked any mentions of ContractWorks yet. Tracking of ContractWorks recommendations started around Mar 2021.

Sumsub mentions (8)

  • Haru Invest referral code: 🚀💰 'HELLO' (March 2023)
    After that you must complete secure KYC process (done via the SumSub company). Source: over 1 year ago
  • Binance p2p
    I didnt recieve my crypto from the p2p Transfer and its asking for me to do verification from sumsub.com. I have no idea what this website is but I filled out the verification and it says they are partnered with Binance. Source: over 1 year ago
  • Community discussion about Spectrum Finance $SPF token in this thread December 9th, 6 pm UTC — Please join!
    KYC and data storage could be done by a trusted third-party service called Sum and Substance. Source: over 1 year ago
  • Level 2 verification - document not approved / CS not replying
    It might be required to present proof of address for KYC, which you can learn more about here. The KYC procedure is handled by our partners at sumsub.com and they are the ones checking the validity of the document. Source: almost 2 years ago
  • Is there a way to verify my account with non-english IDs/ PoA?
    Updated the link with the source. Hope it helps. https://sumsub.com/. Source: about 2 years ago
View more

What are some alternatives?

When comparing ContractWorks and Sumsub, you can also consider the following products

Conga Contracts - Conga Contracts is management solution designed to accelerate and simplify contract negotiations in Salesforce.

Onfido - Onfido is the data-driven platform for intelligent background checking.

Concord - Contract Management Software and unlimited Electronic Signatures. Reduce costs, maximize compliance & mitigate risk. Enterprise solutions available.

ComplyCube - Verify your customers in under 15 seconds anywhere in the world with a cutting-edge SaaS & API platform for Identity Verification and AML/KYC compliance.

CobbleStone Software - Managing contracts just got easier with CobbleStone!

Veriff - Smart and scalable identity verification.