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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 OpenSourceCM?
OpenSourceCM revolutionizes the management of contracts through its user-friendly platform, which seamlessly integrates with your existing processes and organizational frameworks while promoting optimal practices. With a rich history of partnering with various businesses across multiple sectors, OpenSourceCM has honed its expertise to meet the specific demands of diverse markets. Our extensive experience enables us to provide tailored solutions that enhance contract management efficiency, ensure adherence to best practices, and bolster compliance. Additionally, the platform accelerates critical processes such as contract drafting, reporting, negotiation, approval, and execution. For added convenience, deal-rooms are available to provide executives with straightforward access to insights regarding contract risks, benefits, and obligations. Furthermore, our secure and high-performance cloud-based service (SaaS) empowers you to scale effortlessly to accommodate any number of users and contracts, ensuring flexibility and growth for your organization. Ultimately, OpenSourceCM is dedicated to helping you streamline your contract management processes and achieve greater operational success.
Integrations Supported
NetSuite
Adobe Acrobat Sign
Box
Coupa
Docusign
Dropbox
Gears
Google Drive
Google Workspace
Leegality
Integrations Supported
NetSuite
Adobe Acrobat Sign
Box
Coupa
Docusign
Dropbox
Gears
Google Drive
Google Workspace
Leegality
API Availability
Has API
API Availability
Has API
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Pricing Information
$500 per year
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
OpenSource
Date Founded
1995
Company Location
United States
Company Website
www.opensourceinc.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