Contract sharing
Users can easily and securely share contracts with internal users and external users. Contracts are accessible.
Cat avg: 8.2
Top Performing Features
Contract editing
Contracts can go through multiple drafts and revisions; the software supports multiple versions and version comparison.
Cat avg: 8.7
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.
Cat avg: 8
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
Worst Performing Features
Contract creation
Includes a document generator and tools for creating new contracts.
Cat avg: 8.8
Contract templates
Allows users to set up templates or templatize old contracts in order to make new contract creation easier and more consistent.
Cat avg: 8.4
Interdepartmental workflows
Users can set up interdepartmental workflows so that contracts can flow between teams in a logical and organized manner.
Cat avg: 8
SpotDraft Features from Reviews
Contract Collaboration
Features related to collaborating on contracts.
9.6+20%
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
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.
Category average: 8
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.
8.9+9%
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
Compliance check
Users can define and enforce complex business rules related to compliance regulations; helps automate or partially automate contract compliance check.
Category average: 7.8
SpotDraft Features from the Vendor
Contract Authoring
Vendor-contributedContract 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.
Integration to CPQ
Integrates to CPQ software so that calculated quotes/configuration details can feed into contracts. This is an important element of automation in the contract authoring process.
PDF generator
Users can generate PDFs of contract documents.
Contract Collaboration
Vendor-contributedContract 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.
Contract merge
Multiple versions of a contract can be merged.
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.
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-contributedContract database
Contracts are stored and organized in a central repository.
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.