ContractWorks vs Verian Contracts

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.

Verian Contracts is contract intelligence software for capital projects. It extracts clauses, maps obligations and deadlines, and drafts contract correspondence. The product supports FIDIC, NEC4, JCT, AIA and bespoke contracts, and can process PDF, Word and scanned documents using OCR. Its analysis categorizes obligations and identifies conflicts or gaps across contracts. A timeline tracks approaching or at-risk obligations and sends alerts. AI can draft notices, responses and claims correspondence with clause references, with exports to Word, PDF or email. For claims, it combines schedule, cost and contractual evidence into packages with an audit trail. Listed connections include Primavera P6, Microsoft Project, Excel, CSV, Outlook, Gmail, Teams channels and a Power BI feed; ERP connectors are designed for SAP, Oracle JD Edwards and other ERPs. Verian says customer data is hosted on Microsoft Azure, isolated between organisations, encrypted in transit and at rest, and not used to train its models. It does not currently hold SOC 2, ISO/IEC 27001 or another security certification. Licensing is per project, scoped to portfolio and selected capabilities, with pricing on request.