Fabasoft Contracts vs Omega 365 Contract Management
Fabasoft Contracts
fabasoft.comOmega 365 Contract Management
omega365.comSide by side
| Figure | Fabasoft Contracts | Omega 365 Contract Management |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | Yes | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | — |
| Android | Yes | — |
| API | Yes | — |
| Plans published | 1 | 1 |
| Spec score · Contract Management Software | 8.6 (#6) | 6.9 (#90) |
| Approval workflows | Yes | Yes |
| Founded | 1988 | 1987 |
| Headquarters | Linz, Austria | Ølensvåg, Norway |
| Integrations | Contracts can integrate DocuSign and Skribble for external signature services, and its integrated calendar can be connected to Microsoft Outlook. | The Pims product family is described as offering off-the-shelf solutions with integration and customization options; the Contract Management page names Cost Management as a companion product. |
| Purpose | Fabasoft Contracts is a cloud-based solution for managing contracts across their lifecycle, from preparation and review through approval and audit-proof archiving. | The product registers, maintains, and tracks project commitments such as contracts, sub-contracts, purchase orders, framework agreements, and call-offs. |
Plans
Omega 365 Contract Management
- Omega 365 Contract ManagementPriced on request
In their own words
Fabasoft Contracts
Fabasoft Contracts is cloud-based software for managing agreements from preparation and review through approval and archiving. Teams can create contracts from templates and clause libraries, extract details such as parties and notice periods, and use AI to check clauses and regulatory requirements against customizable checklists. Identified risks are highlighted for review. Predefined workflows support approvals and signatures with internal and external partners. The product includes advanced electronic signatures aligned with the EU eIDAS Regulation, metadata-based deadline tracking, calendar and list views, and email or push notifications. Its Time Travel feature records changes across a contract’s lifecycle. Contract storage is certified under the IDW PS 880 auditing standard. Access uses rights and roles and two-factor authentication. The External Area supports document exchange, negotiation and digital signing with outside parties. Fabasoft describes integrations with SAP and Microsoft, and selectable certified data storage in Austria, Germany or Switzerland. A free 28-day trial is available; pricing is on request. Some functions, including legal file management, OCR, OData queries and interactive reports, require separate or volume-based licensing.
Omega 365 Contract Management
Omega 365 Contract Management has no write-up on Specifiction yet; its figures are above.