Compare ContractWorks and SAP PLM - Apr 2022

Shlomi LaviShlomi Lavi / Apr 11, 2022

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Bottom Line: Which is Better - ContractWorks or SAP PLM?

SAP PLM is more expensive to implement (TCO) than ContractWorks, and SAP PLM is rated higher (77/100) than ContractWorks (76/100). SAP PLM offers users more features (8) than ContractWorks (6).

Looking for the right Contract Management solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

SecureDocs Vs. SAP

SecureDocs: Located in Santa Barbara, California the team at SecureDocs, Inc. is dedicated to building software solutions that are highly secure, easily adopted, and affordable for any type or size of business. Products are characterized by a simple user interface, features that actually get used, and a publicly available pricing plan with no hidden fees. Secu...

SAP: SAP ® AG is German software corporation that makes enterprise software to manage business operations and customer relations. SAP ® is the market leader in enterprise application software. The company's best-known software products are its enterprise resource planning application (SAP ® ERP), its enterpr...

Who is more expensive? ContractWorks or SAP Product Lifecycle Management?

The real total cost of ownership (TCO) of Contract Management software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for ContractWorks and SAP Product Lifecycle Management.

ContractWorks price starts at $600 per month , On a scale between 1 to 10 ContractWorks is rated 2, which is much lower than the average cost of Contract Management software. SAP Product Lifecycle Management accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 ContractWorks is rated 2, which is much lower than the average cost of Contract Management software.

Bottom line: SAP Product Lifecycle Management is more expensive than ContractWorks.

Which software includes more/better features?

We've compared ContractWorks Vs. SAP PLM based on some of the most important and required Contract Management features.

ContractWorks: Archiving and Retention, Document Indexing, Document Tagging, Compliance , Product Lifecycle Management, Contract Management.

SAP Product Lifecycle Management: Audit Trail, Contract Expirations, Contract Renewals, Dashboard, Microsoft Word Export.

Target customer size

Customers of the software include small and medium businesses as well as large enterprises. Customers of the software include businesses of all sizes and types.



ContractWorks

ITQlick rating
(4.8/5)

starts at $600 per month

ContractWorks is a web based contract management solution for businesses of all sizes. It offers such services as auditing and reporting, compliance management, data encryption, and others. The software...

Categories: Digital Signature, Strategic Planning, Document Management, Product Lifecycle Management.

SAP PLM

ITQlick rating
(3.9/5)

SAP PLM is a product lifecycle management solution for businesses of all sizes. It makes possible high quality delivery of products and also streamlines the supply chain. The software was developed and launched...

Categories: Contract Management.

Compare specifications

Compare features

ContractWorks: 6 Features

Archiving and Retention
Document Indexing
Document Tagging
Compliance
Product Lifecycle Management
Contract Management

SAP Product Lifecycle Management: 8 Features

Audit Trail
Contract Expirations
Contract Renewals
Dashboard
Microsoft Word Export
Microsoft Word Integration
Templates
Track Changes
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
ContractWorks
ITQlick rating
4.8/5
Score
76/100
Pricing
2/10
License pricing
$600 per month
Functionality
16
Compare
SAP PLM
ITQlick rating
3.9/5
Score
77/100
Pricing
4.6/10
License pricing
Pricing not available
Functionality
9
Contract...
ITQlick rating
3.5/5
Score
91/100
Pricing
5.2/10
License pricing
Pricing not available
Functionality
9
MyDox Di...
ITQlick rating
3.6/5
Score
88/100
Pricing
7/10
License pricing
$10 per seat/month
Functionality
4
Lextree
ITQlick rating
5/5
Score
88/100
Pricing
5.8/10
License pricing
$100 per user/month
Functionality
3

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.