DocuSign CLM vs Lexion Comparison

86% 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

DocuSign CLM

Contract Management Software

4.2 406 user ratings

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85% 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

Lexion

Contract Management Software

4.7 125 user ratings

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Overview

Description	Docusign CLM is a tool that helps organizations automate all their documentation by electronically requesting signatures. It provides an easy and hassle-free way to streamline agreement lifecycles by changing manual processes into an automated workflow. This results in a faster and efficient way of doing business. It comes with robust functionality that is very easy to implement across the entire organization. The tool is flexible and configurable, allowing businesses to design and automate even the most complex agreement processes. Users can build contracts with predefined templates for signatures, approvals, and routing. These templates allow users to work faster by creating and customizing standard contract processes for the organization. The tool can be used to tag, organize, and store all contracts in a single place with granular permission controls for better management and faster turnarounds. Business users can conveniently send contracts for track changes and reviews across multiple versions to maintain a record for everything done. Read more	A data extraction tool called Lexion is intended to assist legal teams in centrally organising and storing contracts. Administrators can receive information about important occurrences and automatically track vital obligations. On a single interface, the platform enables managers to design disclosure timelines for mergers and acquisitions (M&A). Through single sign-on (SSO) functionality, stakeholders can login safely and save data backups. Teams can use Lexion to protect data in accordance with SOC 2 Type 2 compliance guidelines and AES 256-bit encryption. In order to organise agreements and other papers on a consolidated dashboard, managers can also use AI-enabled solutions. Legal experts can view contract information and monitor development in relation to key performance parameters (KPIs). Businesses can save documents on Google Drive, SharePoint, Box, Dropbox, and OneDrive using Lexion. Operators can send links to shared agreements, including master agreements, addenda, and more. To manage, analyse, and report on what is in their contracts and set up notifications for important events or milestones, in-house counsel, finance, procurement, sales, and business operation departments use this system. Brooks Running, Apptio, Outreach, Blue Nile, Trupanion, Matterport, Abstract, Hippo Insurance, and numerous other companies are among Lexion's clients. Read more
Pricing Options	Free Trial Not Available Offers Custom plan.	Free Trial Not Available Offers Custom plan.
SW Score & Breakdown	86% 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 98% Reviews 85% Momentum 60% Popularity 62%	85% 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 88% Reviews 82% Momentum 64% Popularity 78%
SaaSworthy Awards	# 6 Highly Rated	Not Available

Features

Total Features	16 Features	11 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. + 13 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. + 8 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	Online	Online
API Support	Available	Available

Reviews & Ratings

User Rating	4.2/5 406 user ratings	4.7/5 125 user ratings
Rating Distribution	Excellent 47.3% Very Good 33.7% Average 11.8% Poor 0.5% Terrible 6.7%	Excellent 75.2% Very Good 24% Average 0.8% Poor 0% Terrible 0%
User Sentiments	Ease of Use, Efficient Contract Execution, Extensive Integrations, Centralized Contract Repository Occasional System Downtime, Complex Configuration, Limited Customer Support, Occasional System Latency	Ease of Use, AI-Powered Features, Extensive Integrations, Excellent Customer Support Occasional Software Bugs, Limited Reporting Functionalities, Document Organisation Challenges, Inefficient AI in Specific Cases
Review Summary	Reviewers largely agree that DocuSign CLM is a robust and user-friendly contract lifecycle management solution that streamlines the contract management process. It excels in features such as electronic signatures, document generation, collaboration tools, and workflow automation. Many users appreciate its ease of use, intuitive interface, and time-saving capabilities. However, some reviewers mention occasional glitches and suggest improvements in reporting and customization options. Overall, DocuSign CLM is a reliable and efficient tool that simplifies contract management, making it a popular choice among businesses seeking a comprehensive CLM solution.	Lexion is praised for its user-friendliness and ease of implementation, making it a popular choice for legal teams of various sizes. Users highlight the platform's seamless integration with email and other tools, making collaboration efficient. The AI-powered features, like contract analysis and data extraction, are generally well-received, although some users report occasional inaccuracies and limitations. Despite these minor drawbacks, the platform's ease of use, robust repository, and responsive customer service contribute to a positive overall experience.
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Pricing

Pricing Options	Free Trial Not Available Offers Custom plan.	Free Trial Not Available Offers Custom plan.
Pricing Plans Monthly Plans Annual Plans	DocuSign CLM Essentials Custom DocuSign CLM Custom DocuSign CLM+ Custom	Lexion Custom
	View Detailed Pricing	View Detailed Pricing

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