Primary category: Contract Management Software
User Ratings: 4.5/5 (15 ratings)
Related Categories: Sales Management Contract & eSigning Proposal Management
Pricing Model: trial/premium
Social Followers: 39 likes   1.36k followers
Generally used by: SMEs, Agencies, Enterprises

What is ContractRoom?

ContractRoom is a cloud-based negotiation and contract lifecycle management system that changes the way deals get done and how decisions are made. There are clear differentiators with the competition, namely in the way ContractRoom streamlines the entire back-and-forth on business terms and legal text between negotiating parties. The solution can automate and capture data document assembly, term negotiation and contract management for any corporate buying, selling, hiring and recording activities. And then the large data set can be leveraged with machine learning to help predict the best terms and clauses for future agreement - finding the path of least resistance for the close. This means your internal and external dealings will be faster (up to 75%) with less mistakes and minimal friction.

Algorithmic Ribbon 84

The Contract Management application ContractRoom scored 84/100 (Top 3 in Contract Management). This is based on user satisfaction (90/100), press buzz (62/100), recent user trends (falling) and other relevant information on ContractRoom gathered from around the web.

The score for this service has declined over the past month. What is this?
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ContractRoom Product Overview

  • Drafting a contract can be as simple as dragging and dropping standard contract clauses and clicking to edit the text as you desire.

  • Collaboration and Control - it covers the entire process of communication, reviewing, editing, approving and tasking both internally in an organization as well as externally with counterparties.

  • Transaction and Behavior Data - it captures and leverages transaction and behavior data from the entire back-and-forth negotiation, not only the final outcome, as is the case with most CLM systems.

ContractRoom Pricing Plans

Credit card required: N/A

Basic Plan:

  • $9 / user / month
  • Provides basic feature set for requesters and viewers
  • Access to archives
  • Administer account
  • Request contracts
  • View agreements

Professional Plan:

  • $39 / user / month
  • Provides Basic + collaboration features for negotiation team members (approvers, reviewers, signers)
  • Assign Tasks
  • Complete & Sign
  • Edit & Negotiate
  • Review & Approve

Business Plan:

  • $99 / user / month
  • Provides Basic + Professional + control & analytics features for contract leaders and controllers
  • Build frameworks
  • Build conditional agreements
  • Build workflows
  • Build smart tables
  • Start (draft) agreements
  • Create reports

Stats & Other Information on ContractRoom

Company Info
Founded -
Based in -
Employees -
3 Month Trend
Alexa Rank: 2508490
3 Months Change: 322267

Languages: Spanish, English

ContractRoom FAQs

Does ContractRoom offer multi-user capability? (e.g. teams)

Yes, it allows multi-person use.

Does ContractRoom offer guides, tutorials and or customer support?

Yes, there is a Help Center with accompanying video tutorials.

ContractRoom Alternatives

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