ContractWorks, An Onit Product vs. SpotDraft

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
ContractWorks, An Onit Product
Score 8.9 out of 10
N/A
ContractWorks aims to make executing, storing, and tracking corporate agreements easier and more accessible to businesses and teams of all sizes, by providing what they describe as a quick implementation, an easy-to-use interface, and pricing starting at $700/month for unlimited users. In addition to features needed to manage agreements, users get a team of support professionals to help get the most out of their contract portfolio. Smart Document Tagging & Customizable…
$700
Unlimited users, 2500 documents, 5 e-sign licenses
SpotDraft
Score 8.1 out of 10
N/A
SpotDraft is an end-to-end contract automation platform that helps organizations draft, review, and manage contracts, from drafting to execution and beyond. The SpotDraft engine has been built to understand the context behind every uploaded contract. When uploading legacy contracts in bulk, or create a new contract, the platform automatically analyses key details and highlights them for preview. It also sets…N/A
Pricing
ContractWorks, An Onit ProductSpotDraft
Editions & Modules
Standard
$700/month
Unlimited users, 2500 documents, 5 e-sign licenses
Professional
$900/month
Unlimited users, 10,000 documents, 10 e-sign licenses
Premium
$2000/month
Unlimited users, unlimited documents, 20 e-sign licenses
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Offerings
Pricing Offerings
ContractWorks, An Onit ProductSpotDraft
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsContractWorks offers low, transparent pricing plans to meet the needs and budget of any business.
More Pricing Information
Community Pulse
ContractWorks, An Onit ProductSpotDraft
Features
ContractWorks, An Onit ProductSpotDraft
Contract Collaboration
Comparison of Contract Collaboration features of Product A and Product B
ContractWorks, An Onit Product
8.0
Ratings
4% below category average
SpotDraft
9.6
Ratings
15% above category average
Contract sharing8.00 Ratings10.00 Ratings
Contract editing00 Ratings10.00 Ratings
Collaborating on contracts00 Ratings10.00 Ratings
Approval process00 Ratings10.00 Ratings
Interdepartmental workflows00 Ratings8.00 Ratings
Contract Monitoring
Comparison of Contract Monitoring features of Product A and Product B
ContractWorks, An Onit Product
8.6
Ratings
4% above category average
SpotDraft
8.9
Ratings
7% above category average
Contract database8.90 Ratings8.00 Ratings
Contract search8.90 Ratings10.00 Ratings
Contract milestone reminders & alerts8.60 Ratings8.00 Ratings
Custom contract reports7.80 Ratings8.00 Ratings
Tracking contract status8.40 Ratings9.00 Ratings
Compliance check00 Ratings10.00 Ratings
Contract Authoring
Comparison of Contract Authoring features of Product A and Product B
ContractWorks, An Onit Product
-
Ratings
SpotDraft
8.3
Ratings
4% above category average
Contract creation00 Ratings8.00 Ratings
Contract templates00 Ratings8.00 Ratings
Clause library/saved fields00 Ratings9.00 Ratings
User Ratings
ContractWorks, An Onit ProductSpotDraft
Likelihood to Recommend
9.1
(0 ratings)
8.0
(0 ratings)
Likelihood to Renew
9.1
(0 ratings)
-
(0 ratings)
Usability
8.7
(0 ratings)
10.0
(0 ratings)
Availability
9.1
(0 ratings)
-
(0 ratings)
Performance
9.1
(0 ratings)
-
(0 ratings)
Support Rating
8.9
(0 ratings)
8.0
(0 ratings)
Product Scalability
9.1
(0 ratings)
-
(0 ratings)
Vendor post-sale
9.1
(0 ratings)
-
(0 ratings)
Vendor pre-sale
9.1
(0 ratings)
-
(0 ratings)
User Testimonials
ContractWorks, An Onit ProductSpotDraft
Likelihood to Recommend
[A] user-friendly platform that allows multiple users to store and organize documents across various departments within the company for easy access. [A] tagging feature is a helpful tool in sending reminders for upcoming renewals, etc.
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The best place to use SpotDraft is on contract negotiation. The entire life cycle of a contract negotiation is captured well on SpotDraft. Data is also crunched and displayed in dashboards. We get to prepare better first drafts of contracts when we know of areas which get heavily negotiated on.
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Pros
  • Managing renewals[.]
  • Managing timed fee increases[.]
  • Easy storing and retrieval of contracts[.]
  • Manage roles to determine who sees what. Very granular.
  • [The] signature process is quite powerful, and because it's integrated comes with management.
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Cons
  • E-sign: Transferring of signatures would be ideal or the loading of a personal signature into the e-sign field rather than a generic signature being populated.
  • AI: The tagging does not pick up things nor does the software really learn what you want it to. There is a fair bit of manual data entry that has to be done.
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No answers on this topic
Likelihood to Renew
Current Supply Chain users find great value in ContractWorks. We've been able to demonstrate a better, faster, efficient, cost effective way to solve document and data requirements. ContractWorks is gaining greater interest and acceptance across the Enterprise.
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Usability
This is a highly approachable product, even for users who are not quick to learn or who have only a basic mastery of basic software applications. If you find that you have members in your organization who have struggled to adapt to a working-from-home model, you may find that this product creates a simple point of entry for them. It is similar in interface to products they have used before and includes generous, high-quality support.
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I don't know of any other tool that provides so much flexibility and delivers efficiency in CLM.
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Reliability and Availability
I've never heard that we've had an outage or error and I 'm in ContractWorks days, evenings and weekends.
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No answers on this topic
Performance
We haven't integrated ContractWorks with other systems. Otherwise, reasonably sized documents load fairly quickly and reports extract quickly. I work remotely sometimes it takes an extra minute
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No answers on this topic
Support Rating
I have been offered to review a solution on Zoom by [support manager] and offered on the spot a better way to do things. Have been very pleased with their seminars, their response, their courtesy.
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Support is decent, mostly the features are self explanatory.
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Alternatives Considered
Read my points before. Cost, features, ease of use.
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SpotDraft came in highly recommended. So we purchased it directly.
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Scalability
Tasked with finding a cost conscious Contract Management platform, we knew change and acceptance across the Enterprise would come slow. Using ContractWorks means not overspending in initial months with fewer users. As our core group becomes more proficient and we demonstrate/prove ease of use to other departments with scale up use and cost together
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No answers on this topic
Return on Investment
  • Complete elimination of paper-based review process.
  • Greatly enhanced search capability for legacy documents.
  • Enhanced satisfaction among contract reviewers, ease of use.
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No answers on this topic
ScreenShots

ContractWorks, An Onit Product Screenshots

Screenshot of ContractWorks can be used to create custom "tags" to track important contract information that becomes searchable and reportable.Screenshot of In ContractWorks users can set unlimited notifications on any milestone date and receive email alerts for deadlines, or review alerts on a calendar.Screenshot of With ContractWorks built-in electronic signature feature one can see the status of documents out for signature.Screenshot of ContractWorks can be used to create reports on any data-point.  The reports can be saved, scheduled, exported, and shared.Screenshot of Contracts are dragged and dropped into the system.Screenshot of ContractWorks allows users to create custom "tags" to track important contract information that becomes searchable and reportable.

SpotDraft Screenshots

Screenshot of