Apptus Contract Management vs ConvergePoint Contract Management Comparison

89% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Apptus Contract Management

Contract Management Software

4.3 92 user ratings

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83% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

ConvergePoint Contract Management

Contract Management Software

5 4 user ratings

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Overview

Description

Apptus Contract Management is a contract lifecycle management solution that helps businesses to simplify and automate their approach to manage contracts, quotes and documents alike. The solution empowers businesses to improve user and customer experiences while speeding up cycle times, increasing visibility and lowering risk. Apptus Contract Management solution’s workflows allow users to automate every step of their contract lifecycle in Salesforce, in order to optimise complex contracting processes. The solution also enables users to automate and standardise the contracting lifecycle to lower risk, increase speed and ensure compliance. In addition, they can even execute large volumes of transactional contracts straight from Salesforce to simplify and accelerate sales cycles. Apptus Contract Management uses best-in-class AI technology to extract unstructured text from the commercial agreements and organise them into structured data. Finally, the solution helps businesses to achieve a higher level of approval on pricing, promotions, discounts, agreement clauses, contract terms and more. Read more

ConvergePoint offers a Contract Management Software that provides a comprehensive solution for all stages of the contract lifecycle. This includes contract requests, authoring, internal reviews, negotiations with third parties, approvals, and signatures. With this software, users can streamline the contract management process, saving time and resources. This Contract Repository acts as a centralized location where all active contracts are stored, enabling authorized users to manage obligations, renewals, expirations, and cancellations. This ensures that all employees can access the necessary information and that contract management is consistent across the organization. Our Enterprise Contract Management System is built on top of Microsoft 365 SharePoint, providing automation for the contract process while incorporating industry best practices. This allows users to efficiently manage the contracts while reducing the risk of errors and ensuring compliance with legal requirements. With ConvergePoint's Contract Management Software, users can simplify the contract management process and enhance the organization's efficiency. Read more

Pricing Options

Free Trial Not Available

Free Trial Not Available
Offers Custom plan.

SW Score & Breakdown

89% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more

97%
Reviews

80%
Momentum

62%
Popularity

85%

83% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more

93%
Reviews

64%
Momentum

63%
Popularity

66%

Features

Total Features	15 Features	13 Features
Common Features for All	Approval Workflow Allows to route the documents to one or multiple people for seeking their approval Auto Extraction Helps in conducting auto scanning of data and extract the required piece of information from a contract document Buy Side (Suppliers) Helps managing contracts of firms that buy investment services like securities Completion Tracking Helps in setting certain completion criteria for any activity within a contract management process Contact Management Organizing customer data in a centralized location and handling contact details, demographics, transactions, etc. Contract Drafting Helps in drafting a reliable and secure contract for understanding properly the terms of the agreement Contract Templates Provides ready-made beautiful templates for writing different types of contracts Digital Signature A facility to capture digital signature in a secure format Document Management Ability to store and manage various information and documents in electronic format. Full Text Search Allows and helps in searching for a single or a collection of computer-stored documents in a full-text database. Government Contracts Helps taking care of Government contracts that allows you to sell your goods/services to the Government and its different agencies Lifecycle Management Helps in automating and managing all the critical phases of a contract, starting from its initiation until its compliance and renewal. Milestone Tracking They act as signposts through the course of your project, as they help to ensure that you're staying on track. Sell Side (Customers) Helps in managing the contracts related to the firms that sell investment services to asset management firms/organizations Specialty Contracts Helps managing specialty or formal contracts that mainly are written agreements, as a deed. Version Control It gives the team the ability to recall specific versions of a document, code, content, file, or folder that records changes over time. + 12 More - Show Less	Approval Workflow Allows to route the documents to one or multiple people for seeking their approval Auto Extraction Helps in conducting auto scanning of data and extract the required piece of information from a contract document Buy Side (Suppliers) Helps managing contracts of firms that buy investment services like securities Completion Tracking Helps in setting certain completion criteria for any activity within a contract management process Contact Management Organizing customer data in a centralized location and handling contact details, demographics, transactions, etc. Contract Drafting Helps in drafting a reliable and secure contract for understanding properly the terms of the agreement Contract Templates Provides ready-made beautiful templates for writing different types of contracts Digital Signature A facility to capture digital signature in a secure format Document Management Ability to store and manage various information and documents in electronic format. Full Text Search Allows and helps in searching for a single or a collection of computer-stored documents in a full-text database. Government Contracts Helps taking care of Government contracts that allows you to sell your goods/services to the Government and its different agencies Lifecycle Management Helps in automating and managing all the critical phases of a contract, starting from its initiation until its compliance and renewal. Milestone Tracking They act as signposts through the course of your project, as they help to ensure that you're staying on track. Sell Side (Customers) Helps in managing the contracts related to the firms that sell investment services to asset management firms/organizations Specialty Contracts Helps managing specialty or formal contracts that mainly are written agreements, as a deed. Version Control It gives the team the ability to recall specific versions of a document, code, content, file, or folder that records changes over time. + 10 More - Show Less

Technical Details

Organization Types Supported	Large Enterprises Medium Business	Large Enterprises Medium Business
Platforms Supported	SaaS/Web/Cloud Mobile - iOS	SaaS/Web/Cloud Mobile - iOS
Modes of Support	24/7 (Live rep) Business Hours Online	24/7 (Live rep) Business Hours Online

Reviews & Ratings

User Rating	4.3/5 92 user ratings	5/5 4 user ratings
Rating Distribution	Excellent 43.5% Very Good 48.9% Average 4.3% Poor 3.3% Terrible 0%	Excellent 100% Very Good 0% Average 0% Poor 0% Terrible 0%
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Pricing

Pricing Options	Free Trial Not Available	Free Trial Not Available Offers Custom plan.
Pricing Plans Monthly Plans Annual Plans		ConvergePoint Contract Management Custom
	Not Available	View Detailed Pricing

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