ContractWorks vs Docusign CLM

ContractWorks is a cloud-based repository for storing, searching and tracking agreements. Its AI can identify details such as agreement type, parties, effective dates, renewal terms and notice windows; OCR and advanced search help locate contract information. Users can schedule custom reports and receive alerts about important dates. Built-in electronic signatures let recipients sign without a ContractWorks license or login. Administrators can assign permissions to invited users, and audit reports record users, dates, times and actions. ContractWorks says it is SOC 2 Type 2 compliant and uses 256-bit encryption for data in transit and at rest. It says its AWS data centers store information in multiple locations in the United States and European Union, with encrypted hourly backups. Listed integrations include Salesforce, Fujitsu ScanSnap and SAML 2.0 single sign-on. Standard costs $600 a month, billed annually, and includes unlimited users, 2,500 documents and five e-signature licenses. A 14-day free trial is available, but there is no free plan.

Docusign CLM is a cloud contract lifecycle management product for preparing, approving, signing, and tracking agreements. It includes contract templates, approval workflows, renewal tracking, built-in e-signature, and API access. AI features support clause review, negotiation, summaries, extraction, analytics, and question answering. Its AI-powered repository provides searchable agreement storage and filtering. Teams can collaborate through comments, tasks, email, and Slack notifications, while role-based user experiences and granular permissions give administrators access controls. Docusign CLM offers rich APIs and pre-built connectors; Docusign lists more than 1,000 pre-built integrations, including SAP Ariba, Salesforce, and Coupa. Docusign also offers a mobile app. The product is paid, with pricing available by contacting sales. The product page does not state a CLM trial duration or specific trial terms, and no CLM free-tier limits are stated. Docusign identifies its agreement-expert ecosystem as a source of services and support. The maker, Docusign CLM, was founded in 2003 and is headquartered in San Francisco, California.