ContractWorks vs OpenAgree

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.

OpenAgree is a cloud platform for drafting, negotiating, and executing agreements, available on the web. Users describe an agreement in everyday language, and the platform turns it into a legally structured contract. Its negotiation engine analyzes proposed changes and suggests compromises; automated risk assessment evaluates terms in real time. OpenAgree also tracks milestones, manages payments, and sends status updates and notifications through an agreement's lifecycle. Integrated digital signatures include validation, and the platform states that it checks legal compliance in real time. The first two contracts or agreements are free, with no credit card required. Light Agreements are aimed at freelancers and small projects: creating an agreement costs $1, an AI change proposal $5, and milestone tracking $2. For Business covers complex agreements and lists advanced AI negotiation and analytics and reporting; creating a contract costs $5, an AI change proposal $10, and milestone tracking $3. The site displays SOC 2 Type II and GDPR Compliant badges. OpenAgree offers a free plan and a free trial.