Home/Contract Management Software/Parley Pro
Updated on: October 28, 2021

What is Parley Pro ?

Parley Pro - Contract Management Software
88% The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More

Parley Pro

All-in-one Solution for Contract Negotiation and Management
(25 Ratings) Write Review

Parley Pro is a contract management tool through which users can collaborate easily and close contracts within the requisite deadline. The tool claims that it can deliver various benefits such as a 40% productivity increase, 34% error reduction, and 55% compliance improvement. Contract managers can walk themselves through the entire cycle of contract management including steps such as Initiation, Review, Negotiation, Approval, Analysis, and Post-Contract Management. This makes it a truly collaborative and intelligent solution that focuses on modern businesses. Parley improves the visibility into every contract and leverages leading contract automation and workflow tools. Users can deploy templates to initiate contracts faster, can collaborate with contacts in real-time, automate the contract approval process from the right stakeholders, and capture intuitive insights. And by bringing all the involved parties on a central platform, they can effectively negotiate with them by capturing points and suggestions.

Parley Pro Awards

Parley Pro Features Show All Features

Parley Pro Technical details

Support 24/7 (Live rep) Online Customer Type Large Enterprises Medium Business Small Business
API Location / Phone Number Los Altos, California
Deployment SaaS/Web/Cloud Category Contract Management Software Collaboration Software

Parley Pro Pricing

Pricing ModelFree Trial , Quotation Based

Disclaimer: The pricing details were last updated on 21/05/2019 from the vendor website and may be different from actual. Please confirm with the vendor website before purchasing.

Learn more about Parley Pro pricing.

Parley Pro FAQs

Parley Pro is Contract Management Software. Parley Pro offers the following functionalities:

  • Version Control
  • Document Management
  • Contact Management
  • Milestone Tracking
  • Approval Workflow
  • Buy Side (Suppliers)
  • Completion Tracking
  • Contract Drafting
  • Contract Templates
  • Digital Signature
  • Full Text Search
  • Government Contracts
  • Lifecycle Management
  • Sell Side (Customers)
  • Specialty Contracts

Learn more about Parley Pro features.

Yes, Parley Pro provides API.

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Parley Pro Alternatives Parley Pro Alternatives

98% The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More
Ironclad
(43 RATINGS)
Ironclad Ironclad is a digital contracting platform that helps its users to streamline and automate all... read more
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Parley Pro vs Ironclad
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Contract Insight
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Contract Insight CobbleStone’s Contract Insight Software has been helping both large and small organizations... read more
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Gatekeeper
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Gatekeeper Gatekeeper is a next generation contract and supplier management platform that was born in the... read more
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ContractWorks
(136 RATINGS)
ContractWorks ContractWorks is an advanced contract management software that facilitates easy and secure... read more
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Contractbook
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Contractbook Contractbook is an online contract management tool used to create, sign and store contracts and... read more
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Concord
(226 RATINGS)
Concord Concord is an intuitive contract management software that enables businesses and professionals to... read more
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Parley Pro vs Concord
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Icertis Contract Man...
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Icertis Contract Man... Icertis Contract Management is one of the leading software, designed for solving the toughest... read more
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Parley Pro vs Icertis Contract Management
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Outlaw
(124 RATINGS)
Outlaw Outlaw is an advanced contract automation platform that makes the entire contract life cycle... read more
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Parley Pro vs Outlaw
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ContractSafe
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ContractSafe ContractSafe is a futuristic contract management software, helping out businesses to store and... read more
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Parley Pro vs ContractSafe
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Contract Logix
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Contract Logix Contract Logix is a comprehensive contract management solution trusted by top graded global... read more
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Parley Pro vs Contract Logix

Parley Pro Reviews

OVERALL RATING
4.6
Based on 25 Rating(s)
Rating Distribution
  • 84.6 %
  • 15.4 %
  • 0 %
  • 0 %
  • 0 %
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Breen S
Breen SSource : g2crowd.com
(Reviewed on 05 July 2020) "Superior to other available options"

What do you like best?

We were nearing the end of an RFP process involving IronClad, Concord and SpringCM when we heard a rave review about ParleyPro. The review was so strong, we felt we had to at least do a quick demo to eliminate Parley Pro so we could sign with IronClad, our preferred option. It became obvious almost immediately that it was far superior to either Ironclad or Concord (in our opinion)! and way less expensive than SpringCM. ParleyPro had the ability to handle the complexities in our contracting process (we contract with state educational institutions who often insist we attach addenda to our contracts). Also, Concord only had the ability to negotiate online in their platform, and Ironclad only had the ability to negotiate offline and did not have a platform with redlining capabilities- so it was a BIG selling point for us that Parley Pro could do both. Also, with Concord, I believe any changes you made to the document the counterparty would be automatically notified, without the ability to make it visible solely internally first. Anyway, we did a total about face at the last minute, we were so impressed with ParleyPro. Our PE owners were skeptical at first (they hadn’t heard of ParleyPro) but after a demo or two, they became convinced along with us that ParleyPro was excellent, and became huge supporters.

What do you dislike?

nothing so far! we are still in implementation, so maybe that will change.

Recommendations to others considering the product:

Go for it!

What problems are you solving with the product? What benefits have you realized?

Ability to simplify contracting when dealing with old school clients (universitites) with cumbersome third party addedums/paper!

...more
Administrator in Consumer Electronics
Administrator in Consumer ElectronicsSource : g2crowd.com
(Reviewed on 13 April 2020) "A Better Way to Manage Contracts"

What do you like best?

Parley Pro has dramatically quickened the composition of our contracts. It is easy to ingest a counter party's paper or start with an internal document, invite all of the relevant internal collaborators (and outside counsel) to work simultaneously.

What do you dislike?

The platform is highly customizable, which is great but requires more planning upfront. That said, the Parley Pro team is responsive and knowledgeable.

What problems are you solving with the product? What benefits have you realized?

Aside from contact composition, Parley Pro helps use with life-cycle management and organizing our existing contracts.

...more
Administrator in Legal Services
Administrator in Legal ServicesSource : g2crowd.com
(Reviewed on 07 April 2020) "Comprehensive and incredibly adaptable modern CLM that is already built and ready to go" ...more
User in Consumer Goods
User in Consumer GoodsSource : g2crowd.com
(Reviewed on 03 October 2019) "Parley Pro is simply amazing!"

What do you like best?

Using Parley Pro for a few months now. We started with the contract request workflow. Game changer! Requests are now created, automatically routed to appropriate folks for review/approval, and tracked in real-time – all in one application. We can now track all contract metrics – how long it took to process the request, how long it was in negation, approval, etc. and find out where the bottlenecks are.

What do you dislike?

I don't have anything to mention here. There is nothing to dislike.

Recommendations to others considering the product:

Go for Parley Pro, it will streamline your processes!

What problems are you solving with the product? What benefits have you realized?

My team is turning around contract reviews quicker than ever and it helps our contracts get approved at much faster rate.

...more
User in Financial Services
User in Financial ServicesSource : g2crowd.com
(Reviewed on 02 October 2019) "Sleek and practical Contract Management Solution"

What do you like best?

We started using it and within the first few days we were already using Parley Pro to review and negotiate Counterparty paper contracts. The review process is much faster, plus we have a detailed audit trail for all changes. That is helpful in many ways (especially during the approval). I wish Parley Pro great success – good company to work with.

What do you dislike?

Nothing to add here. So far we have not had issues.

What problems are you solving with the product? What benefits have you realized?

Biggest benefit and problem solver is the real-time collaboration capabilities where multiple people can work on the same contract at the same time.

Also, Parley Pro is intuitive and ease-to-use with minimum training for our internal clients.

...more
Andrey P
Andrey PSource : g2crowd.com
(Reviewed on 21 November 2018) "Best contract management software out there"

What do you like best?

Everything! Our contracting process has gone through an extreme makeover in the last year with Parley Pro. We use Parley Pro to work on contracts between our legal counsel, purchasing, and our vendors. It gives us a transparent workflow to follow and track everything in the system. The support team is also very helpful and responds to any questions right away. They also take our feedback seriously and get back to us on how they’re continuing to improve the product. We’re now looking at how to expand using the system with other teams across our company

What do you dislike?

So far everything is working out well. They are a startup and it is software, so once in a while there is a small bug but the Parley Pro support is responsive and resolves issues immediately

What problems are you solving with the product? What benefits have you realized?

We wanted visibility across the company into our contracts and also know who is working on what. We now have seamless workflows and save time by not having to email back and forth to see what’s going on. We also have a efficient way to keep contract records and history in one place

...more
Source : g2crowd.com
(Reviewed on 21 November 2018) "Best contract management software out there"

What do you like best?

Everything! Our contracting process has gone through an extreme makeover in the last year with Parley Pro. We use Parley Pro to work on contracts between our legal counsel, purchasing, and our vendors. It gives us a transparent workflow to follow and track everything in the system. The support team is also very helpful and responds to any questions right away. They also take our feedback seriously and get back to us on how they’re continuing to improve the product. We’re now looking at how to expand using the system with other teams across our company

What do you dislike?

So far everything is working out well. They are a startup and it is software, so once in a while there is a small bug but the Parley Pro support is responsive and resolves issues immediately

What problems are you solving with the product? What benefits have you realized?

We wanted visibility across the company into our contracts and also know who is working on what. We now have seamless workflows and save time by not having to email back and forth to see what’s going on. We also have a efficient way to keep contract records and history in one place

...more
Drew L
Drew LSource : g2crowd.com
(Reviewed on 19 November 2018) "Finally, an organized way to manage third-party papers!"

What do you like best?

Our company primarily works with third-party agreements. Parley Pro lets us have a trackable workflow for outside contracts and makes it easy to negotiate and manage all contract changes.

What do you dislike?

There is nothing to dislike - this is a great tool to help save money and time for all small businesses!

What problems are you solving with the product? What benefits have you realized?

We were searching for a solution to help improve our efficiency, transparency and visibility, as well as a system to assist with our controls and compliance.

...more
Source : g2crowd.com
(Reviewed on 19 November 2018) "Finally, an organized way to manage third-party papers!"

What do you like best?

Our company primarily works with third-party agreements. Parley Pro lets us have a trackable workflow for outside contracts and makes it easy to negotiate and manage all contract changes.

What do you dislike?

There is nothing to dislike - this is a great tool to help save money and time for all small businesses!

What problems are you solving with the product? What benefits have you realized?

We were searching for a solution to help improve our efficiency, transparency and visibility, as well as a system to assist with our controls and compliance.

...more
Source : g2crowd.com
(Reviewed on 06 November 2018) "Great contract collaboration tool"

What do you like best?

Parley Pro's online redlining and commenting feature helps us to move contract faster. We use it to review the contract internally and with our vendors. Having a detailed negotiation summary is very helpful. I also like how easy it is to use.

What do you dislike?

Support responses slow in off hours time

What problems are you solving with the product? What benefits have you realized?

Parley Pro automates manual review process and helped us to reduce cycle time.

They also provide real time visibility into the entire contract lifecycle.

Prior to Parley Pro it was difficult to know where the contracts are and who needs to do what.

...more
Read All Reviews

Videos on Parley Pro

Parley Pro Explainer Video
Parley Pro Explainer Video
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