SpotDraft

About SpotDraft

SpotDraft is an intuitive AI powered platform, the customers today draft and sign contracts, and send automated reminders. SpotDraft helps to put business on autopilot. And it seamlessly integrates with popular tools like Salesforce, Docusign, Box and much more.

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Pricing

Free Trial Not Available
Offers Custom plan.
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SW Score Breakdown The SW Score breakdown shows individual score for product features.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

91%
Reviews

83%
Momentum

68%
Popularity

84%

Platforms Supported

Browser Based (Cloud)

Organization Types Supported

All (Small, Medium, Large)

API Support

NA

Modes of Support

Online

SpotDraft Awards

# 6 Fastest Growing Software Contract Management Software
Q3 2022

# 8 Fastest Growing Software Contract Management Software
Q3 2022

SpotDraft Features

Show Feature Explanation

Show Missing Features

Contract Management Features

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

91%

Sell Side (Customers)

Helps in managing the contracts related to the firms that sell investment services to asset management firms/organizations

Lifecycle Management

Helps in automating and managing all the critical phases of a contract, starting from its initiation until its compliance and renewal.

Full Text Search

Allows and helps in searching for a single or a collection of computer-stored documents in a full-text database.

Digital Signature

A facility to capture digital signature in a secure format

Contract Templates

Provides ready-made beautiful templates for writing different types of contracts

Contract Drafting

Helps in drafting a reliable and secure contract for understanding properly the terms of the agreement

Completion Tracking

Helps in setting certain completion criteria for any activity within a contract management process

Buy Side (Suppliers)

Helps managing contracts of firms that buy investment services like securities

Approval Workflow

Allows to route the documents to one or multiple people for seeking their approval

Contact Management

Organizing customer data in a centralized location and handling contact details, demographics, transactions, etc.

Document Management

Ability to store and manage various information and documents in electronic format.

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.

Specialty Contracts

Helps managing specialty or formal contracts that mainly are written agreements, as a deed.

Government Contracts

Helps taking care of Government contracts that allows you to sell your goods/services to the Government and its different agencies

Auto Extraction

Helps in conducting auto scanning of data and extract the required piece of information from a contract document

Milestone Tracking

They act as signposts through the course of your project, as they help to ensure that you're staying on track.

SpotDraft Pricing

Free Trial

Not available

Pricing Options

Premium Plans ( Quotation Based )

SpotDraft Custom

Features

Contract Builder
Dynamic Clauses
Conditional Workflows
Native e-Signature and Integrations
Tamper Proof Audit Trail
Definition Display
Error Checks
Version Control
Edit History
Comments
Notifications and Reminders
Smart Search
Dashboard
Bulk Import
Summary View
Contract Campaigns
User Roles
Mobile friendly
Unlimited Storage
100% secure

Disclaimer: The pricing details were last updated on 22/08/2022 from the vendor website and may be different from actual. Please confirm with the vendor website before purchasing.

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SpotDraft Reviews

User Rating

4.8/5 (Based on 99 Ratings)

Rating Distribution

Excellent
77.8%
Very Good
21.2%
Average
1%
Poor
0%
Terrible
0%

User Sentiments

Excellent Customer Support, User Friendly Interface, Contract Drafting & Management, Salesforce Integration

Template Customization Limitations, Occasional Software Bugs & Glitches, Minor UI Navigation Issues, Lack of Bulk Upload Features

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Review Summary

User reviews for SpotDraft highlight its effectiveness as a contract management tool, particularly its user-friendly interface, robust features, and quick turnaround times. Users consistently praise the platform's ease of use, even for non-legal teams, and its ability to automate contract creation and signing processes. While some users note minor UX issues and wish for more advanced editing features, the overall sentiment is overwhelmingly positive. SpotDraft's customer support is repeatedly lauded for its responsiveness, helpfulness, and willingness to incorporate user feedback, further solidifying the platform's value.

Pros

SpotDraft offers exceptional customer service via Slack, providing quick and helpful responses to questions.
The platform streamlines contract creation and execution, saving time and making agreements easy to write and sign.
SpotDraft empowers business teams to negotiate terms independently, while maintaining legal version control and automating historical data saving.

Cons

The redline feature could benefit from further refinement to improve its functionality.
Some users have reported occasional difficulties with uploading agreements and data entry in Excel sheets.
The platform is relatively new and still under development, with some features under construction or not yet polished.

AI-Generated from the text of User Reviews

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