TrustRadius: an HG Insights company

Gatekeeper

Score7 out of 10

5 Reviews and Ratings

Top Performing Features

+22%

Contract sharing

Users can easily and securely share contracts with internal users and external users. Contracts are accessible.

Cat avg: 8.2

+15%

Contract editing

Contracts can go through multiple drafts and revisions; the software supports multiple versions and version comparison.

Cat avg: 8.7

+30%

Approval process

Approval workflows can be configured to streamline and automate the approval process; the approval process is helpful and convenient.

Cat avg: 7.7

+25%

Interdepartmental workflows

Users can set up interdepartmental workflows so that contracts can flow between teams in a logical and organized manner.

Cat avg: 8

Worst Performing Features

+19%

Contract database

Contracts are stored and organized in a central repository.

Cat avg: 8.4

+20%

Contract search

Users can easily look up contracts within the database.

Cat avg: 8.3

+23%

Contract milestone reminders & alerts

Users can schedule reminders and/or trigger alerts according to contract milestones.

Cat avg: 8.1

Gatekeeper Features from Reviews

Contract Collaboration

Features related to collaborating on contracts.

10+25%
  • Contract sharing

    Users can easily and securely share contracts with internal users and external users. Contracts are accessible.

    Category average: 8.2

  • Contract editing

    Contracts can go through multiple drafts and revisions; the software supports multiple versions and version comparison.

    Category average: 8.7

  • Approval process

    Approval workflows can be configured to streamline and automate the approval process; the approval process is helpful and convenient.

    Category average: 7.7

  • Interdepartmental workflows

    Users can set up interdepartmental workflows so that contracts can flow between teams in a logical and organized manner.

    Category average: 8

Contract Monitoring

Features that enable users to monitor the status of contracts.

10+23%
  • Contract database

    Contracts are stored and organized in a central repository.

    Category average: 8.4

  • Contract search

    Users can easily look up contracts within the database.

    Category average: 8.3

  • Contract milestone reminders & alerts

    Users can schedule reminders and/or trigger alerts according to contract milestones.

    Category average: 8.1

  • Custom contract reports

    Users can create custom reports about the status of contracts, contract timelines, efficiency, and revenue tied to contracts.

    Category average: 7.9

  • Tracking contract status

    Users can track the status of a contract as it moves through the approval process and beyond.

    Category average: 8.2

Gatekeeper Features from the Vendor

Contract Authoring

Vendor-contributed
  • Contract creation

    Includes a document generator and tools for creating new contracts.

  • Contract templates

    Allows users to set up templates or templatize old contracts in order to make new contract creation easier and more consistent.

  • Clause library/saved fields

    Users can save certain fields of a contract for re-use; these may be stored in a template or a clause library.

  • PDF generator

    Users can generate PDFs of contract documents.

  • Contract attachments

    Users can attach other documents, like invoices, images, meeting minutes, memos, etc, to contracts.

  • Guided logic

    Automated questions (based on company policies and the circumstances of the deal) help with the contract authoring process; this is an example of partial automation.

Contract Collaboration

Vendor-contributed
  • Contract sharing

    Users can easily and securely share contracts with internal users and external users. Contracts are accessible.

  • Contract editing

    Contracts can go through multiple drafts and revisions; the software supports multiple versions and version comparison.

  • Collaborating on contracts

    Internal and external users can collaborate on contracts without changing the text of the contract; this may be done through comments, questions, and/or message board conversations.

  • MS Word plug-in

    Users can make changes to contract language using Microsoft Word.

  • Approval process

    Approval workflows can be configured to streamline and automate the approval process; the approval process is helpful and convenient.

  • Parallel approvals

    Users can set up complex workflows to handle parallel approvals.

  • Interdepartmental workflows

    Users can set up interdepartmental workflows so that contracts can flow between teams in a logical and organized manner.

Contract Monitoring

Vendor-contributed
  • Contract database

    Contracts are stored and organized in a central repository.

  • VORs

    Allows users to send/receive variation order requests and coordinate these with contracts.

  • Contract search

    Users can easily look up contracts within the database.

  • Contract milestone reminders & alerts

    Users can schedule reminders and/or trigger alerts according to contract milestones.

  • Custom contract reports

    Users can create custom reports about the status of contracts, contract timelines, efficiency, and revenue tied to contracts.

  • Tracking contract status

    Users can track the status of a contract as it moves through the approval process and beyond.

  • Salesforce integration

    Integrates to Salesforce so that contracts are tied to contact’s CRM records.

  • Compliance check

    Users can define and enforce complex business rules related to compliance regulations; helps automate or partially automate contract compliance check.

Additional Features

Vendor-contributed
  • Integrated e-Signature

  • Vendor Scorecards

  • Third-Party Risk Profiling