TrustRadius

Concord vs. Wolters Kluwer CLM Matrix

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Concord
Score 3.2 out of 10
Mid-Size Companies (51-1,000 employees)
Concord delivers contract management for the 90% of agreements that don't need legal complexity. Founded in 2014, the company serves 1,500+ SMB and mid-market organizations (50-1,000 employees) across North America and Europe from offices in Austin and Paris. The platform combines contract creation, real-time collaboration, e-signature, and AI-powered review in a single workflow. Business users draft from templates, negotiate in-browser (no more Word attachments), and get AI review in 23…
$399
per month
CLM Matrix
Score 9.0 out of 10
N/A
CLM Matrix is contract lifecycle management software built on the Microsoft Office platform. It allows users to standardize, streamline and automate contract lifecycle management processes within Microsoft SharePoint. Wolters Kluwer ELM Solutions acquired and now supports CLM Matrix since may 2019.N/A
Pricing
ConcordWolters Kluwer CLM Matrix
Editions & Modules
Essentials
$399
per month
Business
$699
per month
Enterprise
Contact Sales
Enterprise
Contact sales@concord.app
No answers on this topic
Offerings
Pricing Offerings
ConcordCLM Matrix
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsConcord pricing includes implementation, services, and unlimited support. All Concord plans include unlimited documents and unlimited e-signatures.—
More Pricing Information
Community Pulse
ConcordWolters Kluwer CLM Matrix
Features
ConcordWolters Kluwer CLM Matrix
Contract Authoring
Comparison of Contract Authoring features of Product A and Product B
Concord
8.7
6 Ratings
9% above category average
Wolters Kluwer CLM Matrix
-
Ratings
Contract creation9.76 Ratings00 Ratings
Contract templates8.06 Ratings00 Ratings
Clause library/saved fields8.05 Ratings00 Ratings
Guided logic9.11 Ratings00 Ratings
Contract Collaboration
Comparison of Contract Collaboration features of Product A and Product B
Concord
9.1
6 Ratings
9% above category average
Wolters Kluwer CLM Matrix
-
Ratings
Contract sharing9.46 Ratings00 Ratings
Contract editing8.46 Ratings00 Ratings
Collaborating on contracts8.76 Ratings00 Ratings
MS Word plug-in8.52 Ratings00 Ratings
Approval process9.75 Ratings00 Ratings
Interdepartmental workflows9.75 Ratings00 Ratings
Contract Monitoring
Comparison of Contract Monitoring features of Product A and Product B
Concord
9.0
6 Ratings
8% above category average
Wolters Kluwer CLM Matrix
-
Ratings
Contract database8.76 Ratings00 Ratings
Contract search7.76 Ratings00 Ratings
Contract milestone reminders & alerts9.54 Ratings00 Ratings
Custom contract reports9.54 Ratings00 Ratings
Tracking contract status9.55 Ratings00 Ratings
Compliance check9.11 Ratings00 Ratings
User Ratings
ConcordWolters Kluwer CLM Matrix
Likelihood to Recommend
9.3
(6 ratings)
-
(0 ratings)
Usability
9.7
(3 ratings)
-
(0 ratings)
Support Rating
7.4
(3 ratings)
-
(0 ratings)
User Testimonials
ConcordWolters Kluwer CLM Matrix
Likelihood to Recommend
Concord
Concord is honestly suited for all types of organizations because the software is flexible in its application and very easy to implement. In addition, Concord offers exceptional customer service with professionals who will work with you to ensure success, whether it be through training, problem-solving, or even finding ways to engage employees to maximize the benefit of the software. Most appreciated about Concord is their willingness to listen to their users to constantly evolve with new features or added functionality based on customer feedback.
Verified User
Anonymous
Read full review
Wolters Kluwer
No answers on this topic
Pros
Concord
  • Templates are easy to create and utilize.
  • Concord has its internal e-signature tool.
  • Concord can group by template, active, in progress, etc. and color codes the same.
Suzanne Smart | TrustRadius Reviewer
Suzanne Smart
Director, Legal Affairs and Senior Contract Administrator
Read full review
Wolters Kluwer
No answers on this topic
Cons
Concord
  • Make it easier to find the templates from any page
  • Improve the search function--it's sometimes difficult to find specific documents when searching
  • Change back to "limited editor" and "no editing rights" when sharing documents; the new term of "viewer" makes it seem like nothing can be edited at all
Tiffani Peeler | TrustRadius Reviewer
Read full review
Wolters Kluwer
No answers on this topic
Usability
Concord
Concord is extremely user friendly and saves me so much time! How else would I be able to manage all of the contracts for 9 different agencies all by myself?!?
Verified User
Anonymous
Read full review
Wolters Kluwer
No answers on this topic
Support Rating
Concord
I gave it a five because it was the closest to a neutral response. I have not had issues with Concord and have not had a reason to contact support, so I don't have an accurate opinion here. From my conversations with our legal team, it seems they have been able to work with the support team at Concord to get any potential issues resolved in a timely manner.
Tiffani Peeler | TrustRadius Reviewer
Read full review
Wolters Kluwer
No answers on this topic
Alternatives Considered
Concord
I would rather not compare apples and apples nor apples and oranges, and just share Concord has been an excellent Contract Management System for current organization.
Piper Paton Shano | TrustRadius Reviewer
Piper Paton Shano
In-House Corporate Paralegal
Read full review
Wolters Kluwer
No answers on this topic
Return on Investment
Concord
  • Since our implementation, I am saving a few hours a month in managing our IC contracts.
  • When people have questions about contracts, now it's clear "Hey, look in Concord" versus "Hey, does John or Sally have this contract?".
Jacob Wall | TrustRadius Reviewer
Jacob Wall
Business Operations
Read full review
Wolters Kluwer
No answers on this topic
ScreenShots

Concord Screenshots

Screenshot of approval workflows. These help to decrease contract cycle times while guaranteeing correct signatures are secured, further driving compliance and protecting against risks.Screenshot of Concord's advanced reporting, used to gain greater insights into the data in contracts.Screenshot of the Concord Inbox, with a global search and advanced filtering to make organizing and finding documents easier, and to streamline completing contract-related tasks.Screenshot of the approval workflows that decrease contract cycle times while guaranteeing correct signatures are secured, further driving compliance and protecting against risks.Screenshot of online editing and redlining and a summary sheet with a discussion panel that keeps all conversations and changes tracked. A Word integration allows offline edits to also be tracked.Screenshot of an example of a fully executed contract with legally admissible e-signatures.