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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 Contract Corridor?

Contract Corridor is an innovative solution for Contract Lifecycle Management (CLM), designed to support businesses in every phase of contract management, from creation to negotiation, approval, storage, and oversight. The platform streamlines the pre-signature phase by facilitating request intake, drafting through templates, standardizing clauses, negotiating terms, comparing versions, securing approvals, and acquiring signatures, while also managing post-signature tasks with automated alerts and notifications for important milestones, metadata extraction, workflow routing configuration, audit trail maintenance, and report generation. Serving as a secure central repository, Contract Corridor provides a reliable source of information for various entities, regions, and types of contracts. It integrates seamlessly with Microsoft 365 applications like Word, SharePoint, Teams, and Outlook, enabling smooth collaboration without duplication or workflow interruptions. Beyond enhancing visibility and protecting revenue, Contract Corridor also reduces risks, improves compliance, and empowers organizations to make faster, data-driven decisions. This all-encompassing platform not only redefines contract management but also enhances organizational efficiency and teamwork, leading to improved outcomes across the board. Ultimately, it positions businesses to leverage their contractual agreements as strategic assets.

Media

Media

Integrations Supported

Docusign
Adobe Acrobat Sign
Google Cloud Operations Suite
Leegality
Matter Manager
Microsoft 365
Microsoft Outlook
Microsoft Power BI
Microsoft SharePoint
Microsoft Teams
Microsoft Word
NetSuite
Oracle CRM On Demand
Oracle Fusion Cloud ERP
PandaDoc
SAP Ariba
SAP CRM
Salesforce
Zoho CRM
emSigner

Integrations Supported

Docusign
Adobe Acrobat Sign
Google Cloud Operations Suite
Leegality
Matter Manager
Microsoft 365
Microsoft Outlook
Microsoft Power BI
Microsoft SharePoint
Microsoft Teams
Microsoft Word
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

$350
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

Contract Corridor

Date Founded

2020

Company Location

South Africa

Company Website

contractcorridor.com

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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