Compare Ironclad vs Apptus Contract Management

Summary

Ironclad is a digital contracting platform that helps its users to streamline and automate all their contacts from simple to complex. The software is equipped with a workflow designer that pairs with a drag-and-drop UI that results in making it easier for legal to bake business processes into the contracts of users. Users are provided with a powerful in-app editing, along with negotiation features, and red-lining, which make it easier for teams to work collaboratively in order to get the best deal done. One can use the dynamic repository that unlocks contracts data in real-time and gives only legal insights to participate in the business. The software empowers the business users to launch contracts on their own within the guardrails with features like self-service contracting for business users and powerful conditionality for any user. Users can trigger multiple approvals and track activities to pull the right teammates into the conversation at the right time through features such as activity feed, word native, and email-integrated. ..show more

Apptus Contract Management is a contract lifecycle management solution that helps businesses to simplify and automate their approach to manage contracts, quotes and documents alike. The solution empowers businesses to improve user and customer experiences while speeding up cycle times, increasing visibility and lowering risk. Apptus Contract Management solution’s workflows allow users to automate every step of their contract lifecycle in Salesforce, in order to optimise complex contracting processes. The solution also enables users to automate and standardise the contracting lifecycle to lower risk, increase speed and ensure compliance. In addition, they can even execute large volumes of transactional contracts straight from Salesforce to simplify and accelerate sales cycles. Apptus Contract Management uses best-in-class AI technology to extract unstructured text from the commercial agreements and organise them into structured data. Finally, the solution helps businesses to achieve a higher level of approval on pricing, promotions, discounts, agreement clauses, contract terms and more. ..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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