Conga CLM vs Ivalua Contract Management

Conga CLM is a cloud-based contract management service that covers the lifecycle from initial request and drafting through negotiation, signing, storage, obligation reporting, and renewal. Legal, sales, and procurement teams can use a centralized searchable repository for contracts and related documents. Creation tools include approved templates, a clause library, guided requests, and conditional clauses. Teams can collaborate in real time and track changes; AI can assess third-party contracts for risks and departures from standard clauses. Configurable approvals, delegation, approval groups, audit trails, and electronic signatures support review and execution. Conga describes additional AI tools for extracting contract data, summarizing agreements, and answering contract questions, alongside dashboards and alerts for compliance and workflow metrics. Integrations include Office, Dynamics, Salesforce, and connections to CRM, ERP, and procure-to-pay systems. Conga states that it is SOC 2, ISO 27001, and ISO 27701 certified, and that data is encrypted at rest and in transit. Customer data is not used to train shared or global AI models. Pricing is available on request; no free plan is listed.

Ivalua Contract Management is a contract lifecycle management system for procurement and legal teams, covering work from drafting and negotiation through execution and renewal. AI authoring supports clause drafting and classification, risk assessment, approvals, e-signatures, and collaboration using approved templates and clause libraries. The repository offers full-text, metadata, and AI-enhanced search, summaries, and a Contract 360 view of terms, versions, obligations, stakeholders, risk, pricing, and performance. AI can convert PDF and Word contracts into structured searchable data, including through mass imports of legacy documents. Dashboards track contract health, compliance, risk, performance, cycle time, value, and consumption; alerts flag contract and supplier risks. Shared workspaces provide collaboration, comments, version tracking, and review and approval workflows. Integrations include Ivalua sourcing and procure-to-pay, major ERP systems, DocuSign, and Adobe Sign. Ivalua describes its platform as multi-instance SaaS and says customer data is hosted in a client-selected geography. Its listed platforms are Android, iOS, web, and API. Pricing is available on request.