Ontra vs AXDRAFT Comparison

80% 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

Ontra

Contract Management Software

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88% 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

AXDRAFT

Contract Management Software

4.9 16 user ratings

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Overview

Description

Ontra is a new SaaS software that integrates AI and software with a worldwide network of talented lawyers to provide a comprehensive and scalable solution for recurrent legal operations. It relieves you of repeated contracts while standardising markups, streamlining negotiations, and providing real-time status updates to your team. With Ontra, you shorten time to execution via machine learning and AI. You may successfully manage various corporate resources by employing the feature of resource management. On the platform, you can save and manage your electronic documents. Its accounting capabilities automate and aid financial accounting, accounting report generation, and other accounting requirements. Additionally, the outstanding risk assessment tool aids in the evaluation of possible risk factors that hurt your firm. With flat-fee pricing, you may save over 70% on average and satisfy increased demand without having to hire more people. This software allows you to visualise possibilities, obligations, and liabilities by analysing data collected across your contracts in a consolidated database. Read more

AXDRAFT is a contract lifecycle management software that provides companies with a one-stop shop to manage their contracts. The software comes with plenty of legal templates that can be used to draft, sign, approve, and store contracts. AXDRAFT includes a robust AI automation engine that allows companies to process 100-page documents within seconds. It can be used to draft legal documents that too in a language that customers and clients know and use. Moreover, it can also create bilingual contracts. With AXDRAFT’s automation capabilities, users can draft contracts in under 4 weeks. Users just need to provide the documents that they want to include in the contract. After that, the software analyses the documents for patterns, develop custom workflows and ensures that the used templates are error-free and complement their corporate style. In this way, AXDRAFT helps companies to improve their contract management faster by 40%. Read more

Pricing Options

Free Trial Not Available
Offers Custom plan.

Free Trial Not Available
Offers Custom plan.

SW Score & Breakdown

80% 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

81%
Reviews

60%
Momentum

63%
Popularity

76%

88% 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

89%
Reviews

77%
Momentum

70%
Popularity

85%

Features

Total Features	8 Features	11 Features
Common Features for All	Approval Workflow Allows to route the documents to one or multiple people for seeking their approval 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. 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. + 5 More - Show Less	Approval Workflow Allows to route the documents to one or multiple people for seeking their approval 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. 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

Reviews & Ratings

User Rating	Not Available	4.9/5 16 user ratings
Rating Distribution	Not Available	Excellent 93.8% Very Good 6.3% Average 0% Poor 0% Terrible 0%
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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	Standard Edition (Contract Automation) Custom Advanced Edition (Contract Automation) Custom Premier Edition (Contract Automation) Custom Standard Tier (Insight) Custom Advanced Tier (Insight) Custom Premier Tier (Insight) Custom Atlas Custom	AXDRAFT Custom
	View Detailed Pricing	View Detailed Pricing

Alternatives

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