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What is SimpliContract?

Key Advantages: - Accelerated Revenue Generation: Experience a significant 40% decrease in the time required for contract creation, leading to faster revenue realization as only 18% of the sales cycle is allocated to contracting. - Cost Savings: Minimize revenue leakage, which can account for 9% of profits, while achieving a streamlined expenditure with a reduction of 10-12% in costs. - Enhanced Compliance: Lower risk exposure, representing 2% of yearly expenses, complemented by real-time insights into contracts that bolster compliance efforts. - Comprehensive CLM Solution: Utilize a single platform that seamlessly integrates the functions of legal, sales, and procurement teams. - Rapid Implementation: Achieve a simplified contracting process across the organization in a mere three months. Features: • Tailored functionalities designed to address the distinct needs of both the buying and selling aspects of contracts. • Sophisticated Reporting Capabilities. • Management of contract authoring, templates, and clause libraries. • AI-driven (NLP) contract analysis, metadata extraction, and advanced search features. • A centralized contract repository alongside efficient document management. • Streamlined collaboration and approval processes for contracts. • Monitoring of contract milestones and obligations. • Effective management of renewals and expirations for contracts. • Centralized desk for controlled access to essential data. • Compatibility and integration with various enterprise systems for enhanced efficiency. This comprehensive approach ensures not only cost savings but also a smoother contracting process across all departments involved.

What is AXDRAFT?

AXDRAFT is an advanced contract automation platform designed to streamline the creation, approval, and management of contracts through its integration with ContractWorks. It enables organizations to build dynamic, logic-based templates that automatically adjust based on user inputs, ensuring accuracy and compliance. The platform simplifies contract drafting by guiding users through structured workflows that generate ready-to-review agreements quickly. AXDRAFT also enhances collaboration by allowing stakeholders to redline, comment, and approve documents in real time within a centralized system. Its workflow automation ensures that approvals are routed efficiently, reducing delays and improving accountability. Once contracts are finalized, they are seamlessly transferred to ContractWorks for secure storage and long-term management. ContractWorks provides robust features such as access controls, document organization, reporting, and automated reminders for key dates. The platform also integrates with eSignature tools to facilitate smooth contract execution. AXDRAFT maintains version control and audit trails, ensuring transparency throughout the process. Together, AXDRAFT and ContractWorks create a unified ecosystem for managing the entire contract lifecycle. This integrated approach helps organizations reduce manual effort, minimize errors, and improve compliance. Overall, AXDRAFT empowers teams to handle contracts more efficiently while maintaining full visibility and control.

Media

Media

Integrations Supported

Adobe Acrobat Sign
ContractWorks
Coupa
Docusign
Google Cloud Operations Suite
Google Workspace
Leegality
Microsoft Dynamics 365
NetSuite
Oracle CRM On Demand
Oracle Fusion Cloud ERP
PandaDoc
SAP Ariba
SAP CRM
Salesforce
Zoho CRM
emSigner

Integrations Supported

Adobe Acrobat Sign
ContractWorks
Coupa
Docusign
Google Cloud Operations Suite
Google Workspace
Leegality
Microsoft Dynamics 365
NetSuite
Oracle CRM On Demand
Oracle Fusion Cloud ERP
PandaDoc
SAP Ariba
SAP CRM
Salesforce
Zoho CRM
emSigner

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$600 per month
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

SimpliContract

Date Founded

2020

Company Location

United States

Company Website

simplicontract.com

Company Facts

Organization Name

Onit

Date Founded

2011

Company Location

United States

Company Website

www.onit.com/products/clm/axdraft/

Categories and Features

Contract Management

Buy Side (Suppliers)
Completion Tracking
Compliance Tracking
Contract Lifecycle Management
Electronic Signature
Full Text Search
Government Contracts
Pre-built Templates
Sell Side (Customers)
Specialty Contracts
Version Control
Workflow Management

Categories and Features

Contract Management

Buy Side (Suppliers)
Completion Tracking
Compliance Tracking
Contract Lifecycle Management
Electronic Signature
Full Text Search
Government Contracts
Pre-built Templates
Sell Side (Customers)
Specialty Contracts
Version Control
Workflow Management

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