Apr 30, 2025
In this guide, we explore all you need to know about using contract management software in the oil and gas sector to establish compliance an
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In this guide, we explore all you need to know about using contract management software in the oil and gas sector to establish compliance an
Contract management software enables businesses and legal teams to streamline the entire contracting process to deliver results and mitigate
Contracts are a critical part of any business. They dictate the terms and conditions of a relationship between two or more parties and can be highly complex documents. That's why having a good contract lifecycle management system is essential. This blog post will discuss the ten best CLM software solutions today. Then, we'll take a look at their features and pricing so that you can find the right one for your business.What is a CLM Solution?CLM solution means contract lifecycle management software that helps businesses automate creating, negotiating, and signing contracts.It can also help with storing and managing signed contracts. As a result, automating contract-related tasks can save businesses time and money.Why do you need CLM tools?CLM tools can help businesses streamline their contract management processes. It can also help companies to save time and money by automating contract-related tasks. It can also help enterprises to keep track of signed contracts and comply with the contract terms.Discover the must-have features of a top-notch CLM solution- Contract templates: Easily create contracts with pre-designed templates.- Contract management: Effortlessly keep track of all your signed contracts.- Electronic signatures: Streamline contract signing with convenient electronic signature functionality.Best contract lifecycle management vendorsThere are many contract lifecycle management systems on the market today. Here are ten of the best CLM solutions. 1. LinkSquareGo with LinkSquare for better legal agreements. The software lets you store your contracts in a single repository and provides real-time reports. In addition, it manages contracts with top companies like Cognate, Tango, DraftKing, Wayfair, etc.Features- Crisis management- Review- Storage- Data privacy and compliance- Deal acceleration- Third-party paper management- AnalysisScreenshots of LinkSquareAnalyze the dashboardAgreements processedPricingPricing details are not provided on the vendor's official website. Contact them for details.Likes- Simple and intuitive software- Provides good customer support- Analyze tools provide easy scanning of contracts for key terms and phrasesDislikes- Its pre-contracting solution is not good- It provides more and more notifications even if it is not necessary- Fewer ways to map multiple dynamic languages- Inability to search for agreements- It is expensive for small businesses- You cannot impose limitations on what individuals are allowed or not allowed to do.- The search function fails to function properly in the case of misspelled words- The user interface has room for improvement in terms of being more intuitive and easy to use.Supported industries- Manufacturing- Pharmaceuticals & Healthcare- Fine Jewelry- Agriculture- Distribution- Customs & Law EnforcementOther detailsDeployment Cloud, SaaS, Web-BasedSupportChatSupported languagesEnglishTrainingLive online, Documentation, VideosCustomer ratingsCapterra: 4.3 out of 5 (32+reviews), G2: 4.7 out of 5 (204+reviews)User opinionLinkSquare CLM software helps to store all your contracts in one place and tracks all your upcoming renewals. As a result, it easily solves your contract-related challenges. In addition, its crisis management tool helps to prevent future crises by building strong agreements.2. PandaDocPandaDoc is a cloud-based CLM solution that provides SOC 2Type two compliant and regular external audits. In this way, it gives great security to your data.Features- Legally binding e-signatures- Activity tracking and notifications- Payments- Mobile apps- Audit trail and document analytics- Public and custom templates- Drag and drop document editor- Content library and locking- Single sign-on supportScreenshots of PandaDocAnalysis dashboardDocuments viewPricingIt offers four types of pricing plans.- Essentials - It charges $35 per user/month and $19 per user per/month(billed annually)- Business - It charges $65 per user/month and $49 per user per/month(billed annually)- Enterprises - To get its details, you need to contact the vendorThe software also offers a 14-day free trial.Likes- The software provides good security and compliance for data- It allows you to create and manage the entire workflow of sales documents, from proposals to contracts- It offers free of charge e-signature feature- It provides 24/7 customer support for paid plansDislikes- Unavailability of content library and locking for free plan- Forms and bulk send features charge extra costs- Unsatisfied view of the integrations- The UI is clunky- Some individuals lack familiarity with Pandadoc, and it's a product that undergoes continuous changes.Other detailsDeployment Cloud, SaaS, Web-BasedSupportEmail/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, 24/7 (Live Rep), ChatSupported deviceAndroid, iPhone, iPadSupported languagesGerman, English, French, Dutch, Polish, Spanish, SwedishTrainingIn-Person, Live Online, Webinars, Documentation, VideosCustomer ratingsCapterra: 4.5 out of 5 (911+reviews), G2: 4.7 out of 5 (1857+reviews)User opinionPandaDoc CLM software is packed with useful features, including an audit trail, contract renewal, and integration with CRM, Zapier, and SalesForce. However, these features have come with the paid plan. Overall it is a good software that provides some basic features free of cost.3. DocuSignIt started as an e-signature company and now provides CLM capabilities for businesses. It is perfect for small and real estate businesses and is well-known as easy-to-use software.Features- Real-time audit trail- Top-rated mobile apps- Automate reminders and notifications- Reusable templates- Shared documents- Shared templates- Team reports- In-person e-signatures- Customized branding Screenshots of DocuSignInsight viewPricingIt offers a 30-day free trial.It provides pricing for three different features e-signature, Real-estate e-signature, and APIPlansMonthlyYearlyE-Signature*Personal*Standard*Business Pro*Enhanced plans$15/month$45/month$65/monthContact the vendor$10/month $120 (billed yearly)$25/month $300 (billed yearly)$40/month $480 (billed yearly)Contact the vendorE-Signature for real estate*Real estate starter *DocuSign for Realtors*Real estate*Enhanced real state brokerage plans$15$35$45Contact the vendor$10/month $120 (billed yearly)$25/month $240 (billed yearly)$40/month $300 (billed yearly)Contact the vendorAPI*Developer account*Starter*Intermediate*Advanced*Enterprise offerings It is free$75$450$720Contact the vendorIt is free$50/month $600 (billed yearly)$300/month $3600 (billed yearly)$480/month $5760 (billed yearly)Contact the vendorLikes- You can easily send DocuSign agreements from its platform or Salesforce.- It provides 24/7 chat support.- It offers a 30-day free trial without a credit card.- The software provides digital sign feature Dislikes- The user interface is not good- It is expensive- Workflow setup will be complicated initially- Storage management could be improved Supported industries- Financial services- Insurance- Real estate- Government- All industriesOther detailsDeployment Cloud, SaaS, Web-BasedSupported deviceMac, Windows, Android, iPhone, iPadSupported languagesArabic, Bulgarian, Czech, Danish, German, Greek, English, Estonian, Persian, Finnish, French, Hebrew, Hindi, Croatian, Hungarian, Indonesian, Italian, Japanese, Korean, Latvian, Lithuanian, Dutch, Norwegian, Polish, Portuguese, Romanian, Russian, Slovak, Slovenian, Spanish, Serbian, Swedish, Thai, Turkish, Ukrainian, Vietnamese, Chinese (Simplified)SupportEmail/Help Desk, FAQs/Forum, Knowledge Base, 24/7 (Live Rep), ChatTrainingIn-Person, Live Online, Webinars, Documentation, VideosCustomer ratingsCapterra: 4.7 out of 5 (6878+reviews), G2: 4.5 out of 5 (1972+reviews)User opinionThis solution makes your contract process easy and less risky. Its AI and analytical tools help users to work effectively and efficiently. Moreover, it supports mobile apps like Android and iOS. Hence, you can do e-signature using a mobile.4. EvisortEvisort provides a good contract intelligence platform that helps to focus more on strategic work, enhances profitability, decreases risks, and increases business agility. Intelligent dashboarding lets you view your agreement data and encapsulate key metrics.Features- Automation- Analytics- Repository- Integrations- Security and data privacyScreenshots of EvisortAnalyse dashboardAnalyzer viewPricingPricing details are not provided by the vendor. Contact them for the details.Likes- It provides actionable insights.- Provides transparency into contract status and progress- It offers good customer support- AI's automatic capability to evaluate critical aspects within contracts.Dislikes- Poor platform implementation- Poor AI intake of documents- Mass download options are not available- The dashboard needs to be improved - It's frustrating to create separate workflows for every new contract or document.Other detailsDeployment Cloud, SaaS, Web-BasedSupported deviceMac, WindowsSupported languagesEnglishSupportEmail/Help Desk, FAQs/Forum, Knowledge Base, Phone SupportTrainingIn-Person, Live Online, Documentation, VideosCustomer ratingsCapterra: 4.8 out of 5 (19+reviews), G2: 4.6 out of 5 (57+reviews)User opinionIt is a good contract lifecycle management software for legal, sales, procurement, finance, and IT departments. Its artificial intelligence tool helps the team to draft, approve, sign, and renew deals.5. Conga contractsConga contracts is a complete solution for revenue lifecycle management that allows companies to create, track, maintain, and report on business agreements. It provides solutions for business operations, finance, sales, legal, and procurement departments.Features- Conga CLM- Conga contracts- Contracts for Salesforce- Contract intelligence- e-SignatureScreenshots of Conga contractsReturn opportunityOpportunities pathContract profilePricingPricing details are not provided on the vendor's official site. You need to contact them for details.Likes- A good solution for simplifying the complicated process, handling risks, and reducing cross-team friction- You can extract data easily and view all your deals with the help of the contract intelligence feature.- You can easily do contract negotiation- Sharing documents is easy - Easy to generate PDF FileDislikes- Some of the document templates are not customizable- Configuration is complicated- Migration is complicated- X-Author is unintuitive- Implementation is complicatedSupported industries- Energy- Healthcare- Higher education- Life scienceOther detailsDeployment Cloud, SaaS, Web-BasedSupported deviceMac, Windows, Android, iPhone, iPadSupportEmail/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, 24/7 (Live Rep), ChatSupported languagesEnglishTrainingIn-person, Live Online, Webinars, DocumentationCustomer ratingsCapterra: 4.3 out of 5 (72+reviews), G2: 4.2 out of 5 (384+reviews)User opinionIt is an end-to-end contract lifecycle management solution. It automates and streamlines business contracts with more security, visibility, and control. It is suitable for approvals, negotiation, and reporting.6. Icertis Contract ManagementIcertis Contract Management software is a cloud-based solution that helps businesses manage their undertakings. It offers compliance, audit history, contract creation, negotiation, and signing. The software also provides users with notifications and reporting tools to help them better understand their settlement data.Features- Intelligent contract setup- Contract operations- Governance, Risk, and Compliance- Reporting and dashboards- Contract creations- Notification and reminders- Contract templatesScreenshots of IcertisContract types of IcertisPricingPricing details are not provided on the vendor's official site. Contact them for the details.Likes- It integrates with large platforms like Salesforce, Adobe, SAP, etc.