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Icertis Contract Management Software VS Contracts360

Compare Icertis Contract Management Software VS Contracts360 and see what are their differences

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Icertis Contract Management Software logo Icertis Contract Management Software

AI designed Contract Lifecycle Management (CLM) software for enterprise contract management solutions built with AI for automation, intelligence, & analytics. Demo Icertis ICM.

Contracts360 logo Contracts360

The frictionless way for service providers to create, share, track, negotiate & approve service contracts. It's designed to be lightweight, intuitive, and non-invasive to how you currently operate. It just does contracts and does it well.
  • Icertis Contract Management Software Landing page
    Landing page //
    2023-06-23
  • Contracts360 Landing page
    Landing page //
    2021-11-25

Service providers too often have struggles and battles with their clients. The lower end of the spectrum is misunderstandings, doing out-of-scope tasks, injust bad reviews. The worse end is; disputes, not being fully paid, and legal action. A client should never have power over their service provider (or vice versa). Money is usually the weapon, but luckily almost all this avoidable through preventative communication. Contracts aren't about settling problems, they're about preventing problems. When deciding to adopt a contracts management tool, it shouldn't be invasive to how you currently work or require a learning curve. After all, you're trying to reduce friction and wasted time.

If you research the difference between service providers in survival mode, and those with a more frictionless existence with higher-paid & more agreeable clients, skills are not a prime factor. Many people are good at what they do. There are 2 big variables. Your professional network, and communication. We'll focus on communication here. Those with 'better' clients have learned to communicate the scope, boundaries, expectations, etc before they start any work. It acts as a filter so that the end result seems almost lucky to have realistic and agreeable clients. Then these good clients go on to give referrals, and so a positive cycle of reputation happens. The 'good' clients are also much more profitable as you don't waste endless hours and resources servicing them and chasing invoices.

Icertis Contract Management Software

Website
icertis.com
$ Details
-
Platforms
-
Release Date
-
Edit details

Contracts360

Website
contracts360.com.au
$ Details
paid Free Trial AU$9.5 / Monthly (Unlimited contracts and access to Escrow (Australian customers))
Platforms
Browser
Release Date
2020 September
Edit details

Icertis Contract Management Software features and specs

  • Comprehensive Contract Lifecycle Management
    Icertis provides extensive features for the entire contract lifecycle, from creation and approval to execution and renewal. This ensures all stages of contract management are seamlessly integrated.
  • AI and Machine Learning Capabilities
    The platform leverages AI and ML to provide advanced analytics, risk assessment, and automated contract clauses, making the contract management process smarter and more efficient.
  • Highly Scalable and Customizable
    Icertis is suitable for businesses of all sizes and can be customized to meet specific needs, making it a flexible option for various industries.
  • Integration with Major Enterprise Systems
    The software integrates smoothly with major ERP, CRM, and procurement systems such as SAP, Oracle, and Microsoft, which helps streamline operations and data consistency.
  • User-friendly Interface
    The platform is designed with a focus on ease of use, providing an intuitive interface that simplifies the adoption process for new users.
  • Strong Compliance and Security Features
    Icertis includes robust compliance management and security features that help organizations adhere to regulatory requirements and protect sensitive contract data.

Possible disadvantages of Icertis Contract Management Software

  • High Cost
    The advanced features and customization options come at a premium price, which may not be feasible for small businesses or startups.
  • Complex Implementation
    Due to its comprehensive and customizable nature, the initial implementation process can be complex and time-consuming, requiring dedicated resources and planning.
  • Learning Curve
    Despite its user-friendly interface, the vast array of features and functionalities can result in a steep learning curve for some users, necessitating extensive training.
  • Dependency on Third-party Integrations
    While the ability to integrate with other enterprise systems is a pro, it also means that issues with third-party software can impact the performance and efficiency of Icertis.
  • Customization Can Lead to Complexity
    While customization is a key feature, it can also lead to increased complexity and higher maintenance costs if not managed carefully.

Contracts360 features and specs

  • Drag & Drop Interface
  • Google Authentication
  • Facebook Authentication
  • Track progress

Analysis of Icertis Contract Management Software

Overall verdict

  • Overall, Icertis Contract Management Software is highly regarded in the industry for its robust functionalities and user-friendly experience. It is often recommended for organizations seeking a sophisticated and customizable contract management solution that can handle complex contracting needs.

Why this product is good

  • Icertis Contract Management Software is considered good by many users due to its comprehensive feature set that includes contract lifecycle management, contract compliance and risk management, and integration capabilities with other enterprise systems. It offers a highly configurable and scalable platform that meets the needs of various industries. Additionally, the software employs AI and machine learning to enhance contract insights and streamline contract management processes.

Recommended for

  • Large Enterprises
  • Legal Departments
  • Procurement Teams
  • Companies with complex contract management needs
  • Organizations seeking integration with existing ERP or CRM systems

Icertis Contract Management Software videos

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Contracts360 videos

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Product Overview

Category Popularity

0-100% (relative to Icertis Contract Management Software and Contracts360)

Icertis Contract Management Software

Contracts360

Contract Management
87 87%
Contract Management
13% 13
Document Automation
85 85%
Document Automation
15% 15
Contracts
0 0%
Contracts
100% 100
Document Management
100 100%
Document Management
0% 0

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Icertis Contract Management Software and Contracts360

Icertis Contract Management Software Reviews

12 Best Contract Management Software 2022
This Icertis Contract Intelligence (ICI) software has an AI-powered technology and category-defining innovation that pushes boundaries of what’s possible with contract lifecycle management. This tool manages your contract by encouraging compliance and team participation.
Source: www.recruiterslineup.com

Contracts360 Reviews

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What are some alternatives?

When comparing Icertis Contract Management Software and Contracts360, you can also consider the following products

PandaDoc - Boost your revenue with PandaDoc. A document automation tool that delivers higher close rates and shorter sales cycles. We've helped over 30,000+ companies.

ContractExperience - CMx provides scalable contract management software solutions and contract lifecycle management streamlining efficiency and optimizing CLM process. Visit us for contract management free trial.

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

DocuSign CLM - Contract Lifecycle Management

KOHO Software - No more time-consuming and riskier cabinet for an organized contract repository. Do you know how contract repository works? Let's find out.

Ariba - Ariba is a software and information technology services platform providing companies with collaborative business commerce solutions.

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