Ironclad vs. SpotDraft

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Ironclad
Score 8.1 out of 10
N/A
Ironclad, from the company of the same name in San Francisco, is designed to streamline every part of the contract process—so users can focus on legal work, not paperwork.N/A
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
IroncladSpotDraft
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
IroncladSpotDraft
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
IroncladSpotDraft
Features
IroncladSpotDraft
Contract Authoring
Comparison of Contract Authoring features of Product A and Product B
Ironclad
5.3
Ratings
40% below category average
SpotDraft
8.3
Ratings
4% above category average
Contract creation9.00 Ratings8.00 Ratings
Contract templates10.00 Ratings8.00 Ratings
Clause library/saved fields1.00 Ratings9.00 Ratings
Guided logic1.00 Ratings00 Ratings
Contract Collaboration
Comparison of Contract Collaboration features of Product A and Product B
Ironclad
10.0
Ratings
19% above category average
SpotDraft
9.6
Ratings
15% above category average
Contract sharing10.00 Ratings10.00 Ratings
Contract editing10.00 Ratings10.00 Ratings
Collaborating on contracts10.00 Ratings10.00 Ratings
MS Word plug-in10.00 Ratings00 Ratings
Approval process10.00 Ratings10.00 Ratings
Interdepartmental workflows10.00 Ratings8.00 Ratings
Contract Monitoring
Comparison of Contract Monitoring features of Product A and Product B
Ironclad
4.6
Ratings
57% below category average
SpotDraft
8.9
Ratings
7% above category average
Contract database6.00 Ratings8.00 Ratings
Contract search7.00 Ratings10.00 Ratings
Contract milestone reminders & alerts1.00 Ratings8.00 Ratings
Custom contract reports5.00 Ratings8.00 Ratings
Tracking contract status5.00 Ratings9.00 Ratings
Compliance check1.00 Ratings10.00 Ratings
Contract Management
Comparison of Contract Management features of Product A and Product B
Ironclad
7.3
Ratings
6% below category average
SpotDraft
-
Ratings
Contract Storage10.00 Ratings00 Ratings
Advanced Search and Filtering7.00 Ratings00 Ratings
Customizable Contract Templates8.00 Ratings00 Ratings
Workflow Acceleration10.00 Ratings00 Ratings
E-Signatures10.00 Ratings00 Ratings
Reminders and Alerts4.00 Ratings00 Ratings
Analytics and Reporting4.00 Ratings00 Ratings
Integration with other Systems5.00 Ratings00 Ratings
User Ratings
IroncladSpotDraft
Likelihood to Recommend
8.0
(0 ratings)
8.0
(0 ratings)
Usability
8.0
(0 ratings)
10.0
(0 ratings)
Support Rating
9.0
(0 ratings)
8.0
(0 ratings)
User Testimonials
IroncladSpotDraft
Likelihood to Recommend
I think it worked realllly well at my previous company where we used it for a very simple form that just required one simple signature from both sides- this was a form used to record custom pricing/discounts for a product that typically was not discounted. In my current role, there are many more required fields on the form/contract, and can be multiple levels of approvals on one side, and then possibly multiple levels of approvals/signatures on the other side. I've never used another solution in the exact same way (like DocuSign) to be able to compare experiences, but on Ironclad, understanding where I am in the completion process can be confusing. Within the app, I wish it was more of just a checklist or schedule of what needs to happen, but it's not written out that clearly. Lastly, there is something wrong with our notifications (I'm not sure if this is specific to my company's settings)- I frequently get 'contract completed' or 'contract signed' email notifications even if that hasn't occurred. They seem to correlate with updating the form or refreshing the sync from SFDC.
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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
  • Ironclad is extremely easy to use, without providing much specific direction to new users.
  • It's wonderful to be able to capture the progress of contracts and requests as well as the notes regarding the status.
  • It's easy to tag another colleague into a workflow for their input and approvals as necessary.
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Cons
  • Interface is suboptimal
  • It has to be easier to set up new documents and fields. I had to hire a consultant to do the work because it's simply not easy or intuitive
  • AI capability is suboptimal. Often, suggested text has nothing to do with the topic being indexed
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No answers on this topic
Usability
I think it does all the things I need, and it can be simple to use, but it can also be confusing and not intuitive the more functionality you take advantage of. I am especially frustrated by false "form completed" notifications that I receive not only when forms have actually been completed, but also when they've been refreshed from SFDC or otherwise updated.
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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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Support Rating
I haven't used the support services for IronClad, but I understand from our legal team, the support is very good, they have replied and provide solutions quickly and effectively. I have used the documentation and support pages which are very complete and which have been updated given the user interface updates.
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Support is decent, mostly the features are self explanatory.
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Alternatives Considered
IronClad is a comprehensive platform that allows legal teams, cross functional teams and approvers to keep track of the suggestions and changes made to legal agreements. It keeps everything in a single place, however it lacks the simplicity and practicality of DocuSign throughout the signing process, so we usually have to use both platforms to complete a legal workforce
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SpotDraft came in highly recommended. So we purchased it directly.
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Return on Investment
  • Increased employee efficiency.
  • Easily supervised contract application status.
  • Easily managed active/inactive contracts.
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ScreenShots

SpotDraft Screenshots

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