Best 10 Software for Contract Management: A Complete Overview

June 18, 2025
6:52 pm

6 min read

When businesses deal with a large number of vendor contracts, staying organized becomes more than just a necessity it becomes a critical factor in reducing risk, maintaining compliance, and improving overall efficiency. However, finding the right software for contract management becomes time-consuming.

Many businesses go through several trial-and-error cycles before landing on a solution that truly fits their needs. Unfortunately, this process can eat into valuable productive hours and lead to delays, confusion, or even missed opportunities.

That’s why we took the time to explore what really works. After carefully evaluating countless options, we’ve handpicked some of the most reliable, scalable, and easy-to-use contract management solution available today.

These tools are designed to manage each phase of the contract process starting from creation and review to approvals, tracking, and timely renewals. Below is a list of 10 reliable systems.

Importance of Implementing Best Software for Contract Management

Every business needs to manage contracts. These contracts grow as the business grows. Handling them without the right system can cause problems. You may miss deadlines. You may lose important files. You may face legal risks.

A good contract tool solves these issues. It keeps all contracts in one place. It helps you track every step. It sends alerts for key dates. It saves time and avoids mistakes.

Teams can work better with one system. Everyone sees the same data. This improves trust and speeds up work. You do not need to search emails or files.

The right software for contract management also keeps your contracts safe. It shows who changed what and when. It helps you follow rules and stay ready for audits.

Good contract management is not just about storage. It helps the business work faster. It reduces risk. It supports growth.

Choosing the best tool helps your team stay in control and move forward with confidence.

How We Analysed Best Software for Contract Management

Choosing the best software for contract management is not just about picking the most popular name. It is about finding a solution that truly works for real business needs. That’s why our team took a detailed and practical approach.

We started by reviewing a wide range of tools some well-known, some emerging across different industries and company sizes. Our focus was not just on features. We looked at how each platform performs in real-world use.

We carefully evaluated factors such as.

Ease of use – Is the software simple to navigate for both legal and non-legal teams?

Integration capabilities – Does it work well with tools businesses already use.

Customization – Can companies tailor the workflows, templates, and alerts to fit their specific process.

Collaboration features – How well does it support teamwork across departments.

Security and compliance – Does the system offer proper access controls, audit trails, and data protection.

Scalability – Can the software grow with the business over time.

Our goal was simple: to find a top software for contract management that is not just powerful, but practical something teams will enjoy using every day.

This research helped us build a shortlist of tools that deliver on both functionality and user experience, so you can choose with confidence.

10 Best Software for Contract Management

According to Deloitte research, businesses can reduce operational costs by up to 60% with efficient contract management. However, the real challenge is selecting a solution that aligns with your team’s workflow and goals.

Choosing the right software for contract management requires careful evaluation, as the market offers a wide range of solutions with varying capabilities. Each platform offers a unique mix of features, but not all are built to meet your specific needs.

Here are 10 of the best contract management software options that can help you save time, stay organized, and reduce legal risks.

1) CLM 365

CLM 365 is a trusted software for contract management choice for many businesses looking to simplify and strengthen their contract management process. Known for its user-friendly interface, it fits seamlessly into existing workflows, making it an ideal solution for teams of all sizes.

Built within Microsoft Ecosystem and integrates smoothly with Microsoft 365, CLM 365 allows users to create, review, and approve contracts directly within platforms like Outlook, MS Word, Microsoft Teams, and SharePoint.

The software supports the full contract lifecycle from contract drafting and collaboration to final contract approval and compliance tracking. With built-in AI features, users benefit from intelligent clause recommendations and instant contract summaries, which help minimize errors and improve turnaround time.

CLM 365 is more than just a tool it is a complete solution designed to make contract management faster, smarter, and more efficient.

Key Features 

AI in CLM 365 speeds up contract tasks, cuts delays, and boosts accuracy.

Track contract obligations in real-time to avoid missing deadlines

Create custom contracts based on your business needs

Use AI to spot and reduce contract risks

Access a library of ready-to-use and editable templates

Generate contracts easily with step-by-step guidance

Send contracts to the right people automatically

Set up multi-level approval flows for better control

Handle contract disputes quickly and clearly

Strong legal protection to keep your data safe

Get detailed reports and insights to improve your contract process

CLM 365Reviews & Ratings

G2:  4.8 

Capterra: 4.8 

Microsoft AppSource: 4.9 (79 reviews) 

Our Pricing

CLM 365 offers a smarter, more efficient way to manage contracts across your organization. With flexible plans to suit teams of all sizes, pricing begins at just $29.99 per user giving you access to powerful tools that streamline every step of the contract process.

Best Known for: CLM 365 stands out for its simple and easy-to-use design, making it ideal for small businesses that want to manage contracts without complex setup or long training sessions. It works smoothly with Microsoft 365, allowing teams to get started quickly using tools they already know.

2) Juro

Juro has quickly become a popular choice for businesses looking to simplify and speed up their contract processes. It brings every stage of the contract lifecycle creation, editing, collaboration, and eSigning into one easy-to-use platform. With its built-in, contract-focused editor, Juro removes the need to switch between multiple tools, helping teams stay focused and efficient. Users often praise its clear interface and smooth workflow, making it a strong solution for companies that want to manage contracts in a smarter and more streamlined way.

Key Features

Safe and encrypted document storage

Plug-and-play integration (Embedded contracting)

Built-in e-signature support
Flexible form fields that match your contract needs
Tools to help you stay compliant with policies and regulations
Add comments and internal notes for easy collaboration
Track performance with reports and key metrics
Organize all documents in one centralized place
View contract progress with a real-time activity dashboard
Smart AI features that support every step of the contract process

Juro Reviews & Ratings

G2 Review: 4.6

Capterra: 4.8

Best Known for: Juro provides a smart, modern solution designed to help dynamic teams handle contracts quickly and efficiently. Its clean and easy-to-use interface helps businesses handle contracts with less effort, allowing them to automate workflows and work more efficiently from start to finish.

3) Icertis

Icertis is reliable software for contract management for team and it takes the complexity out of contracts. Powered by AI, it helps businesses manage every agreement with accuracy, speed, and control. From compliance tracking to automated workflows, it’s built to keep your operations sharp and your risks low.

Key Features

Customizable user dashboards tailored to individual roles

Smart search functionality across all contracts

Fully integrated mobile app for on-the-go access

Granular permission controls for secure collaboration

Simple setup with flexible configuration options

Built-in tools for contract risk evaluation

Secure digital signature support for faster approvals

Quick deployment to get your team up and running swiftly

Icertis Reviews & Ratings

G2: 4.2

Capterra: 4.4

Best Known for: Icertis is known for its AI-powered contract management and strong compliance tracking. It handles complex contracts at scale and integrates easily with ERP and CRM systems, helping businesses stay organized and in control.

4) Concord

If your team is drowning in drafts, chasing approvals, or losing sleep over compliance, Concord is the best software for contract management you’ve been waiting for. It’s simple enough for anyone to use, yet powerful enough to handle the needs of fast-growing companies. Legal teams love it. So do finance, sales, and HR. Because Concord keeps everyone aligned and every contract under control.

Key Features

Collaborate with teams in real time

Streamline the approval flow to avoid delays

Manage contract negotiations with full visibility

Instantly access data and monitor contract activity

Identify important clauses directly within Word documents

Locate any agreement quickly with smart search tools

Monitor every change made during the negotiation process

Get automatic alerts for upcoming renewals and deadlines

Connect easily with your existing tools through APIs and integrations

Concord Reviews & Ratings

G2: 4.3

Capterra: 4.6

Best Known for: Concord is widely appreciated for its simple design, organized contract repository, and practical fit for growing businesses. It enables teams to stay on top of contract tasks with minimal effort, offering quick access to essential files, timelines, and deadlines all in one place.

5) Zoho Contracts 

Zoho Contracts is good software for contract management that helps growing businesses take control of their contract process with ease and confidence. Built for simplicity and speed, it allows you to create agreements using ready-to-use templates and move them smoothly through drafting, review, approval, and signing all in one place. Zoho Contracts doesn’t just make contract management easier it helps you close deals faster and build stronger business relationships.

Key Features

Easy-to-edit contract templates that save time and ensure consistency

Automated approval flows to speed up contract turnaround

Secure digital signing with built-in eSignature support

Central control over contract updates, renewals, and extensions

Full version history with real-time activity logs

Ready-made legal clauses for quick and accurate drafting

Custom dashboards and reports to monitor contract performance

Integration with Zoho CRM and other Zoho business tools

Organized template library for fast contract creation across teams

Zoho Contracts Reviews & Ratings

G2 Review: 4.5 

Capterra: 4.4

Best Known For: Zoho Contracts is built for teams that value speed and simplicity. It’s quick to set up, easy to automate, and works perfectly with the Zoho suite. From drafting to signing, every step feels smooth and connected so you can manage contracts with confidence, not complexity.

6) Summize

Summize brings clarity and speed to contract management. It integrates with the tools your team daily uses. Powered by intelligent automation, Summize extracts key terms, sets timely reminders, and delivers clear, easy-to-read summaries in plain language. It helps teams move faster, reduce risk, and stay fully informed—without adding complexity.

Key Features

Integrated calendar with intelligent alerts to keep track of key dates

Seamless Word add-in for editing contracts directly within documents

Built-in legal guides to support consistent contract handling

Quick and easy setup for rapid implementation

Collaboration features designed to align with team workflows

Flexible, cloud-based platform that adapts as your business grows

Visual reporting tools and dashboards for smarter decision-making

Summize Reviews and Ratings

G2: 4.7

Capterra: 5

Best Known for

Summize simplifies contract data into meaningful insights, enabling teams to spot risks, reduce costs, and make informed decisions all through an interface designed for clarity and ease of use.

7) SpotDraft

SpotDraft is built for modern teams that value speed, clarity, and results.

Its intuitive design helps legal and business teams get started quickly most are fully set up in just a few weeks. With a structured onboarding process and responsive support, the transition feels seamless. This software for contract management also offers a transparent pricing structure tailored to business needs, making it a practical choice for organizations seeking advanced contract management without unnecessary complexity.

Key Features 

Draft contracts confidently with built-in risk controls

Sign documents securely with integrated digital signature tools

Customize approval workflows to match your team structure

Manage all contracts from a centralized, organized workspace

Collaborate efficiently with tools designed for cross-team input

Control access with role-based permissions for added security

Stay ahead with automated alerts for renewals and expirations

Uses AI to suggest suitable clauses and cut down manual work.

Track every change with detailed version history and activity logs

Get instant insights through live reports and visual dashboards.

SpotDraft Reviews & Ratings

G2 Review: 4.5

Capterra: 4.8

Best Known for: Engineered for adaptability, this platform combines advanced contract tracking, efficient document organization, and a user-friendly interface. It enables teams to stay on top of their contracts, minimize manual work, and manage every stage of the contract lifecycle with precision and assurance.

8) Conga CLM 

Conga CLM is a effective software for contract management that helps to manage revenue and contracts at one platform. With direct integration into Word and Office 365, it allows users to create, edit, and collaborate on contracts using the tools they already know. This smooth compatibility enhances productivity and keeps processes aligned across departments. Its intelligent clause libraries, automated approval flows, and real-time obligation tracking bring clarity and structure to contract management.

Key Features

Guided contract creation with step-by-step input

Streamlined approval processes across multiple levels

Real-time collaboration for reviewing documents together

Scheduled reports and automated insights for better planning

Library of pre-approved clauses for faster, compliant drafting

Easy upload and tracking of externally signed contracts

Seamless integration with leading CRM and ERP platforms

Conga CLM Reviews & Ratings

G2 Review: 4.3

Capterra: 4.3

Best Known for:

Conga CLM is built to get your contract processes up and running in less time. Its quick setup and adaptable design make it a strong fit for companies looking to speed up results and improve efficiency. With simple configuration options and seamless integration into your current systems, it supports smooth automation and delivers measurable impact faster.

9) ContractWorks 

ContractWorks is designed for small businesses that need a clear, dependable way to manage contracts. It provides a secure, centralized system where all agreements are well-organized and easy to access when needed. With built-in alerts for key dates like renewals and expirations, the software for contract management ensures important deadlines are never overlooked. Simple to use and quick to set up, it helps teams stay organized, meet obligations on time, and manage contracts with greater confidence.

Key Features

Centralized and secure contract repository for streamlined organization

Timely alerts for important dates like renewals and contract deadlines.

Access controls based on user roles to protect confidential information

Advanced search tools for fast and accurate document retrieval

Integrated electronic signatures for efficient and secure approvals

Complete audit tracking and customizable reporting to support compliance

Clean, intuitive interface designed for ease of use across teams

ContractWorks Reviews & Ratings

G2 Review: 4.8

Capterra: 4.8

Best Known for:

ContractWorks gives legal teams the control they need and the simplicity they want. Get alerts on renewals and key contract dates to stay ahead. Every agreement is managed in one secure, centralized space clear, connected, and easy to navigate.

10) HyperStart CLM

Whether it’s sales, finance, legal, HR, or procurement everyone gets instant access to the contract data they need, when they need it. HyperStart is great software for contract management that combines AI intelligence with a clean, intuitive interface to speed up approvals, cut down on delays, and keep workflows smooth from draft to renewal. With quick setup and tailored workflows, HyperStart CLM doesn’t just manage contracts it gives your business the clarity and momentum to close deals faster and operate with confidence.

Key Features

Clean, intuitive interface that teams can start using right away

Quick and guided contract drafting for faster execution

Streamlined approval paths to reduce delays and bottlenecks

Full visibility with real-time contract tracking

InFlight analytics to uncover insights as contracts progress

Customizable workflows tailored to your business operations

HyperStart Reviews & Ratings

G2 Reviews: 5

Best Known for: HyperStart CLM combines a user-friendly design with powerful AI and smart collaboration tools, giving teams the ability to manage contracts efficiently and make confident, data-backed decisions at every step.

How Does a Software for Contract Management Work?

9. Reporting and Insights
Leaders and teams can access real-time reports on contract statuses, time to closure, risk exposure, and more. These insights help improve forecasting, identify bottlenecks, and guide better decision-making.

Steps to Take Before Implementing Software for Contract Management

We’ve handpicked 10 top software for contract management built for today’s business needs. Before diving in, it is important to understand how this software for contract management works, from contract creation to approval and renewal. Here is a quick look at how the process unfolds.

1. Starting the Contract
Contracts typically begin from a pre-approved template or an uploaded draft. Legal teams or business users can access a library of clauses and documents that match company standards, reducing the chances of errors or inconsistencies. This stage helps maintain consistency across departments, regardless of who creates the document.

2. Internal Collaboration
Before any contract is shared externally, internal teams often need to weigh in. Good software for contract management allows users to comment, review, and make changes all within a single version. There’s no need to jump between emails or separate files. This stage helps reduce delays and keeps internal communication aligned.

3. Review and Approval
Once the draft is ready, it moves through an approval path. Each stakeholder, from finance to legal, can review it in sequence or simultaneously, based on configured workflows. This step ensures that nothing moves forward without the right people signing off from the software for contract management.

4. External Sharing and Negotiation
After internal approvals, the contract is sent to the external party. They can review, suggest edits, or approve the contract directly through the platform. Some systems even offer audit trails and version comparison, so both sides stay aligned throughout the negotiation.

5. Electronic Signatures
With approvals in place, the final version of the contract can be signed digitally. The software for contract management leverages e-signatures to help speed up the execution phase, and the signed copy is immediately stored in the system for reference.

6. Organized Storage and Access
All contracts are stored in a centralized, searchable location. Each document can be tagged by category, client, department, or other custom fields. Teams can quickly locate any agreement using keywords, filters, or metadata.

7. Alerts and Key Dates
Automated reminders are set for renewal dates, expiration periods, and milestone obligations. This helps teams act on time, avoiding lapses or unplanned extensions. Notifications can be sent to relevant team members before critical dates arrive.

8. Audit Trails and Version Control
Every action whether a clause was changed, who approved it, or when it was signed is logged. These records help during audits and reduce the risk of disputes. Version control ensures there’s always a clear history of changes made over time.

Adopting a good CLM solution requires thoughtful planning. To maximize its effectiveness and long-term value, several foundational steps must be completed before implementation begins.

Assess Existing Contract Workflows
Begin with a detailed review of how contracts are currently handled. Document every stage from initiation to storage. Identify repetitive tasks, common delays, and sources of manual effort. This helps uncover specific areas that require improvement in software for contract management.
Define Business Objectives
Clear objectives must guide the selection process. These could include reducing contract turnaround time, improving accuracy, increasing visibility, or supporting regulatory compliance. Well-defined goals serve as a benchmark when selecting software for contract management.
Identify Core Functional Requirements
List the essential features that the system must support. These may include digital signatures, automated notifications, access controls, audit trails, and search functionality. A feature checklist can help compare multiple tools during evaluation.
Involve Key Stakeholders
Legal, procurement, finance, sales, and IT departments should be consulted. Each team interacts with contracts in different ways. Their input provides insight into daily challenges and helps select the best software for contract management that supports broader organizational needs.
Examine Legal and Compliance Obligations
Every industry has its own data handling and legal standards. Before moving forward, it is necessary to verify that any new software aligns with required policies and regional regulations. This step is critical for risk management and long-term usability.
Evaluate Integration Possibilities
Check compatibility with current business system with existing systems. Choosing software for contract management that integrates well with existing infrastructure helps reduce additional workload and promotes smoother data transfer.
Plan for Onboarding and Training
A software solution is only as effective as the teams that use it. Consider the level of training required. Review the availability of product documentation, help centers, or vendor-led onboarding sessions. This helps in faster adoption across departments.
Request Demonstrations or Pilot Access
Before finalizing the purchase of software for contract management, request a product demonstration or trial access. Observe how the tool performs under real working conditions. Collect feedback from a small group of internal users to assess usability, speed, and clarity of features.
Estimate Budget and Scalability
Factor in license costs, potential implementation charges, user limits, and ongoing support fees. Select a solution that aligns with the current budget while offering room for growth as contract volumes increase.

10. Develop an Internal Rollout Plan
Create a phased rollout strategy, starting with one department or business unit. Include timelines, training schedules, and points of contact. A step-by-step implementation approach reduces disruption and allows for smoother adaptation.

A lack of proper contract monitoring reduces the ability to identify and capitalize on growth opportunities. Without timely reminders, businesses may miss out on contract renewals, renegotiations, or expansion possibilities with existing partners.

Proactive contract management ensures that organizations maximize revenue potential and maintain long-term business relationships.

Conclusion

Contracts power every part of a business, and the right software for contract management makes managing them a whole lot easier. The ten tools we covered are not just popular names. They’re trusted by real teams to handle real challenges, from drafting and approvals to renewals and compliance.

If your business values speed, security, and accuracy, then CLM 365 is the right fit for your business. Start a 14-day free trial today.

Frequently Asked Questions

What types of contracts can be managed with help of CLM 365?

Sales, procurement, employment, NDAs, partnership agreements, service-level agreements, and more.

What are the stages of the contract lifecycle?

Creation, negotiation, approval, execution, storage, compliance tracking, renewal, and closure.

What’s the difference between contract management and contract administration?

Administration handles day-to-day tasks; management oversees the full lifecycle and performance tracking.

What Does AI in CLM 365 Help With?

AI in CLM 365 speeds up contract reviews by summarizing key points, highlighting deadlines, and spotting potential risks. It suggests approved clauses during drafting and ensures consistency across documents making contract handling faster, smarter, and more reliable.