Compare Concord vs Onit

Summary

Concord is an intuitive contract management software that enables businesses and professionals to collaborate, e-sign, manage and store agreements. Up-to-date and automated contract templates provided by the same, help businesses create well-written contracts in real-time. At present, Concord is a huge hit among users because of the instant alerts it provides about deadlines, auto-renew or any other clauses. Other collaborative features of Concord include real-time editing and redlining, private/public chat and commenting along with automated versioning. Users even get unlimited storage to save business-relevant documents and agreements in a completely secured manner. Concord can be used to set conditional approvals, manage workflow libraries and set auto-notifications and reminders in real-time. In addition, the software also allows users to make comparisons between thousands of documents, build custom reports and export them to excel. Moreover, professionals can even receive legally binding e-signatures from any number of signers and track all versions, edits, comments and actions within created contracts. ..show more

Onit is an essential contract lifecycle management software that allows legal and business teams to automate their entire process. The software supports all phases of the contract lifecycle, right from capture, creation, negotiation, approvals, and execution to post-execution management. It can be operated by an unlimited number of users and the user-friendly interface greatly improves vendor and supplier relationships as well as ensures customer satisfaction. Onit can automatically generate a contract including appropriate clauses. It enables users to work on contracts using their preferred processing tool. There is also a clause/template library that contains great resources to manage and maintain contracts. Onit helps legal and business teams to manage and measure milestones and tasks related to compliance. The software has automated risk mitigation capability through which it identifies clauses and terms that can add risk to their agreement. In addition, it has an easy to use portal that can be levied by partners and clients to request, create or submit contracts. ..show more

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