Compare Contract Advantage vs Parley Pro

Summary

Contract Advantage software offers excellent help in managing the entire contract lifecycle, with greater efficiency. This software helps in compliance management, document management, milestone tracking and completion tracking. Users are provided with three different versions to select from, depending on to what extent contract management automation they desire. The three versions are WebEssentials, WebPro and WebElite. Document repository, contacts, contracts dashboard and master lists come as standard features across all versions. Contract Advantage also features digital signature, approval workflow, version control, contract templates, full text search etc. ..show more

Parley Pro is a cutting-edge platform that offers collaborative and intuitive contract lifecycle management (CLM) capabilities, leveraging digital negotiation technology to revolutionize the contracting process. The platform's smart collaboration features facilitate faster contract cycles by streamlining communication and data-sharing among stakeholders, while also enhancing transparency by providing a central, shared workspace. In recognition of its innovative approach to CLM, Parley Pro was recently recognized as a Cool Vendor in the 2020 CLM and Advanced Contract Analytics report by Gartner, a leading research and advisory company. This recognition further underscores the platform's significance in transforming traditional contracting processes, making it an indispensable tool for businesses looking to streamline their operations and accelerate their growth. With Parley Pro, organizations can effectively manage contracts, reduce risk, and increase efficiency, all while ensuring complete transparency and collaboration throughout the contract lifecycle. ..show more

Approval Workflow Allows to route the documents to one or multiple people for seeking their approval

Auto Extraction Helps in conducting auto scanning of data and extract the required piece of information from a contract document

Buy Side (Suppliers) Helps managing contracts of firms that buy investment services like securities

Completion Tracking Helps in setting certain completion criteria for any activity within a contract management process

Contact Management Organizing customer data in a centralized location and handling contact details, demographics, transactions, etc.

Contract Drafting Helps in drafting a reliable and secure contract for understanding properly the terms of the agreement

Contract Templates Provides ready-made beautiful templates for writing different types of contracts

Digital Signature A facility to capture digital signature in a secure format

Document Management Ability to store and manage various information and documents in electronic format.

Full Text Search Allows and helps in searching for a single or a collection of computer-stored documents in a full-text database.

Government Contracts Helps taking care of Government contracts that allows you to sell your goods/services to the Government and its different agencies

Lifecycle Management Helps in automating and managing all the critical phases of a contract, starting from its initiation until its compliance and renewal.

Milestone Tracking They act as signposts through the course of your project, as they help to ensure that you're staying on track.

Sell Side (Customers) Helps in managing the contracts related to the firms that sell investment services to asset management firms/organizations

Specialty Contracts Helps managing specialty or formal contracts that mainly are written agreements, as a deed.

Version Control It gives the team the ability to recall specific versions of a document, code, content, file, or folder that records changes over time.

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