ContractHero vs ConvergePoint Contract Management Comparison

81% 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

ContractHero

Contract Management Software

4.9 13 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

ContractHero is an intuitive contract management software that helps companies to keep track of all their corporate contracts and notice periods. The software is capable of managing individual contracts in an efficient way, eliminating chances of chaos and unnecessary costs. It also sends automatic reminders to the users about deadlines and related tasks. Moreover, ContractHero keeps companies data completely safe with its secure servers placed in Germany, which are also in compliance with GDPR and certified by ISO 27001. The software allows admins to enable restricted access to team members, such as read and write rights, as per contract categories. Also, admins get an overview of multiple contract details within a report in Excel format in an instant, besides proceeding with conversion of contracts into PDFs for easy read and transfer in an automated manner. The software is available in German and English, which makes it ideal for international usage. ContractHero also provides adequate customer support available by email, phone or support chat. 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
Offers Custom plan.

Free Trial Not Available
Offers Custom plan.

SW Score & Breakdown

81% 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

84%
Reviews

72%
Momentum

64%
Popularity

74%

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	10 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. + 7 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 Small Business	Large Enterprises Medium Business Small Business
Platforms Supported	SaaS/Web/Cloud	SaaS/Web/Cloud
Modes of Support	Business Hours Online	Business Hours Online

Reviews & Ratings

User Rating	4.9/5 13 user ratings	5/5 4 user ratings
Rating Distribution	Excellent 92.3% Very Good 7.7% Average 0% Poor 0% Terrible 0%	Excellent 100% Very Good 0% Average 0% Poor 0% Terrible 0%
	Read All User Reviews	Read All User Reviews

AI-Generated from the text of User Reviews

Pricing

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

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