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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 ConvergePoint Contract Management?
ConvergePoint contract management facilitates the comprehensive management of contracts utilizing Microsoft 365 SharePoint. It encompasses contract requests, enabling users to author documents using either third-party templates or their own, alongside access to clause libraries and AI features. The platform supports review and approval workflows, enhanced by sophisticated processes for contract negotiations and eSignature capabilities. Additionally, it serves as a centralized repository for all executed contracts, while also managing renewals, expirations, and obligations. Users can benefit from advanced reporting and search tools, along with multiple integration options to streamline their contract management processes efficiently. This holistic approach ensures that every aspect of contract management is covered seamlessly.
Integrations Supported
Adobe Acrobat Sign
Docusign
Microsoft Dynamics 365
Salesforce
Coupa
Dropbox Sign
Google Cloud Operations Suite
Google Workspace
Microsoft Outlook
Microsoft SharePoint
Integrations Supported
Adobe Acrobat Sign
Docusign
Microsoft Dynamics 365
Salesforce
Coupa
Dropbox Sign
Google Cloud Operations Suite
Google Workspace
Microsoft Outlook
Microsoft SharePoint
API Availability
Has API
API Availability
Has API
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Pricing Information
Pricing not provided.
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
ConvergePoint
Company Location
United States
Company Website
www.convergepoint.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