Contract Advantage Review - why 4.2 stars?

Shlomi Lavi / updated: Jul 16, 2022

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What is Contract Advantage?

Contract Advantage is a contract management software solution for businesses of all sizes. It offers such services as contract authoring and negotiation, auditing and reporting, notifications, and others. The software was designed and launched by Great Mind Software headquartered in New York, United States.

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Who is it best for?

The software is a viable product for businesses of all sizes and a variety of types. Major industries where it can be deployed include financial services, government, healthcare and hospitality, media and entertainment, publishing, technology and software development, and others.

Main features and functionalities

Core authoring and negotiation services offered by Contract Advantage include clause libraries, custom fields, templates, document emailing, and change tracking. It offers a comprehensive document repository along with full text search and OCR functionalities. Documents can be scanned and converted into PDF format before being emailed. The software offers multiple levels of security at user as well as group level.

Contract Advantage offers auditing and reporting capabilities of configurable reports, customizable dashboard, expiration calendar, and field tracking. It also features an action reporting system which keeps the clients aware of actionable dates such as renewal, termination, and expiration dates etc. Other important capabilities include contract compliance and integration with Microsoft Office and Excel.

What is the actual cost?

The cost of license starts at $100 per month. ITQlick pricing score is 4.4 out of 10 (10 is most expensive). Access ITQlick pricing guide for Contract Advantage. You can also find here pricing information from Contract Advantage's website.

How it stacks up?

Access a head to head analysis of Contract Advantage vs alternative software solutions.

Frequently Asked Questions (FAQs)