Avokaado vs. Icertis

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Avokaado
Score 7.0 out of 10
N/A
Avokaado is a contract lifecycle management platform that helps businesses manage, create and collaborate on documents and contracts at every stage of the document lifecycle.N/A
Icertis
Score 9.7 out of 10
Enterprise companies (1,001+ employees)
Icertis supports contract lifecycle management (CLM). The analyst-validated Icertis Contract Intelligence (ICI) platform aims to turn contracts from static documents into strategic advantage by structuring and connecting the critical contract information that defines how an organization runs. Icertis boasts users among iconic brands and disruptive innovators who use Icertis to fully realize the intent of their combined 7.5 million+ contracts worth more than $1 trillion, in 40+ languages and 90+…N/A
Pricing
AvokaadoIcertis
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
AvokaadoIcertis
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeOptionalRequired
Additional Details
More Pricing Information
Community Pulse
AvokaadoIcertis
Features
AvokaadoIcertis
Contract Authoring
Comparison of Contract Authoring features of Product A and Product B
Avokaado
-
Ratings
Icertis
7.5
11 Ratings
6% below category average
Contract creation00 Ratings7.811 Ratings
Contract templates00 Ratings8.510 Ratings
Clause library/saved fields00 Ratings8.210 Ratings
Guided logic00 Ratings5.49 Ratings
Contract Collaboration
Comparison of Contract Collaboration features of Product A and Product B
Avokaado
-
Ratings
Icertis
5.5
13 Ratings
41% below category average
Contract sharing00 Ratings4.111 Ratings
Contract editing00 Ratings6.99 Ratings
Collaborating on contracts00 Ratings5.810 Ratings
MS Word plug-in00 Ratings6.49 Ratings
Approval process00 Ratings4.012 Ratings
Interdepartmental workflows00 Ratings5.710 Ratings
Contract Monitoring
Comparison of Contract Monitoring features of Product A and Product B
Avokaado
-
Ratings
Icertis
6.3
12 Ratings
27% below category average
Contract database00 Ratings6.711 Ratings
Contract search00 Ratings6.511 Ratings
Contract milestone reminders & alerts00 Ratings5.810 Ratings
Custom contract reports00 Ratings5.19 Ratings
Tracking contract status00 Ratings6.210 Ratings
Compliance check00 Ratings6.97 Ratings
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AvokaadoIcertis
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User Ratings
AvokaadoIcertis
Likelihood to Recommend
-
(0 ratings)
6.3
(13 ratings)
Usability
-
(0 ratings)
8.2
(2 ratings)
Support Rating
-
(0 ratings)
4.1
(2 ratings)
Ease of integration
-
(0 ratings)
2.8
(10 ratings)
User Testimonials
AvokaadoIcertis
Likelihood to Recommend
Avokaado
No answers on this topic
Icertis
Icertis is well suited for organizations that have a large number of contracts to manage and need a centralized platform to manage them. It is particularly useful for organizations that need to track and manage contract expiration dates, renewals, and other important dates. It is also well suited for organizations that need to comply with regulatory requirements and need a platform to help with compliance.In terms of scenarios where Icertis may be less appropriate, it may not be the best fit for organizations with a small number of contracts to manage. It may also not be the best fit for organizations that need a high degree of customization, as the platform does have some limitations in terms of customization options. Additionally, Icertis may not be the best fit for organizations that want a platform that is focused on specific industries, such as construction or real estate, as it's more generic in nature.It's worth noting that Icertis is a powerful and flexible tool, and its suitability for a particular organization depends on the specific needs and requirements of that organization.
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Pros
Avokaado
No answers on this topic
Icertis
  • Contract Creation and Management: Icertis excels at streamlining the contract creation process. It allows users to easily create and manage contracts using pre-approved templates, which can be customized as needed. The platform also includes built-in e-signature capabilities, making it easy for all parties to sign and execute contracts electronically. This has greatly reduced the time and resources needed for contract management, and has enabled our organization to be more efficient in the contract creation process.
  • Contract Compliance: Icertis helps organizations stay compliant with regulatory requirements by providing real-time tracking and alerts for contract expiration dates, renewal dates, and other important dates. This feature has been particularly useful for our organization, allowing us to avoid costly contract renewals and stay compliant with legal requirements.
  • Analytics and Reporting: Icertis provides powerful analytics and reporting capabilities that allow organizations to gain valuable insights into their contract portfolio. These analytics and reports can be used to identify trends, track performance, and make more informed business decisions. This has been particularly beneficial for our organization, allowing us to better understand the performance of our contracts and make more strategic decisions.
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Cons
Avokaado
No answers on this topic
Icertis
  • Some features are unnecessarily limiting. For example, the inability to delete records or change fields later if it turns out there has been a mistake in how the contract was entered or the term was described. The Icertis form fields are NOT the contract record that is required to be kept. If someone makes an error, they should be able to fix it. The contract itself doesn't change, and that is the business record.
  • Too much is built on the assumption that the person requesting the contract is the one with the control or ownership of the contract. It would be better if the person to whom the contract is submitted for review was the owner in the system.
  • Not all requests will in fact end with a contract. Sometimes requests are started and the project is abandoned or put on hold for a period of time. More status fields that reflect the reality of contracting would be helpful.
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Usability
Avokaado
No answers on this topic
Icertis
Some functionality could be achieved with less clicking, the change management could be done a bit a better for deployments
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Support Rating
Avokaado
No answers on this topic
Icertis
super dependent on how much money you want to pay. The general regular support can usually take around one to two weeks to get an answer and sometimes that issue is fixed but the underlying issue is not addressed even if you call out that it is a repeated issue. It appears that sometimes support is not really trained in how your instance is set up so there can be a bit of back and forth just to be able to get the appropriate support.
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Alternatives Considered
Avokaado
No answers on this topic
Icertis
In our organization, we chose Icertis over Ariba Contracts because of its comprehensive feature set and its advanced contract analytics capabilities. We found that Icertis provided us with more flexibility and customization options, which was important for our organization's specific needs. Additionally, the AI-driven contract insights provided by Icertis have been extremely helpful in helping us optimize business decisions and realize the full potential of our contracts.Another important factor is that Icertis is industry agnostic, while Ariba Contracts has a stronger presence in specific industries. Icertis is more suitable for a wider range of organizations and that's why in our fictional organization we selected it.Overall, both Icertis and Ariba Contracts are powerful contract management software solutions, but Icertis's advanced contract analytics and its flexibility and industry agnostic approach make it a better fit for our fictional organization.
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Return on Investment
Avokaado
No answers on this topic
Icertis
  • Since implementing the platform, we have seen a significant reduction in the time and resources spent on contract management. This has allowed us to reallocate these resources to other areas of the business, resulting in increased revenue.
  • Additionally, Icertis has helped us to improve our entitlement and obligations management, allowing us to better track and manage our contract expiration dates, renewals, and other important dates. This has helped us to avoid costly contract renewals and stay compliant with regulatory requirements, thereby protecting us against noncompliance and penalties.
  • The platform's built-in analytics and reporting capabilities have also been valuable in helping us to gain valuable insights into our contract portfolio, allowing us to make more informed business decisions. Additionally, the platform's contract intelligence has helped us to shorten our sales cycles, which has enabled us to close more deals in less time.
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ScreenShots

Avokaado Screenshots

Screenshot of the online document signing integrated in Avokaado, so there's no need to download the document and send it for signing over email, nor create an account within the digital signature tool, nor pay additional fees for signatures.Screenshot of the Avokaado contract lifecycle management platform workspace, from which legal and business teams manage, create and collaborate on documents at every stage of the document lifecycle: clause-based contract automation, drafting based on smart templates, workflow management with digital signing and electronic storing.Screenshot of automated templates that ensure compliance with legal requirements and limit the risks: fill in the questionnaire, choose between available options, use tooltips and helpful best practices.Screenshot of a knowledge base of pre-lawyered templates with constant updates and sector-based descriptions to provide users with liable contract templates.Screenshot of the document automation feature used to generate complex documents faster. Automated templates eliminate routine and repetitive drafting parts by enabling one-time data insertion, automated formatting and styles, default answers, tooltips and guidelines.Screenshot of the document editing interface, used to co-draft documents, manage approvals and sign documents digitally with any device. All steps are tracked and visualised on the centralised dashboard.

Icertis Screenshots

Screenshot of Intelligent Contract Set-up: Intelligent Contract Setup: Personalized, role-based experience for any type of user with flexibility models for complex organizationsScreenshot of Contract Operations: Self-service contracting with intelligent contract negotiations and bulk processing for quick responsesScreenshot of Governance Risk & Compliance: Enables users to proactively identify, assess and manage all contract risks and ensure the fulfillment of contractual obligations based on proactive insights from ICI’s compliance tools.Screenshot of Reporting & Dashboards: Improves visibility to reduces contract cycle times improve negotiation outcomes with dashboards and reportsScreenshot of Analyze Obligations: Obligations and fulfilments can be viewed from customized reports- across users, contract types, and statusScreenshot of Obligation Dashboard: Provides a 360-degree view of compliances with micro-actionable insights to the level of individual agreements