Contract Logix Contract Lifecycle Review - why 4.1 stars?

Contract Logix CLM Review
ITQlick Score: 70/100
ITQlick Rating: (4.1/5)
Pricing: 2.4/10 - low cost
Category: Contract Management -> Contract Logix Contract Lifecycle
Ranking:Ranked 27 out of 35 Contract Management systems
Company: Contract Logix, LLC
Pricing: starts at $59.99 per user/month
Typical customers: Small, medium and large size businesses
Platforms: Cloud
Links: Contract Logix Contract Lifecycle pricing, Contract Logix Contract Lifecycle alternatives

Shlomi LaviShlomi Lavi / updated: Jan 06, 2020

We publish unbiased reviews, our opinions are our own and are not influenced by payments from advertisers. Learn more in our advertiser disclosure.

What is Contract Logix Contract Lifecycle?

Contract Logix is a cloud-based supply chain management software that helps legal, sales, administration as well as procurement professionals to draft, approve, edit, negotiate and execute their contracts. The software automates all processes leading to contract execution in a bid to minimize errors to the barest minimum. The tool can be customized with specific fields by organizational and contract types in order to optimize the accuracy of data obtained.

Some of Contract Logix features include; compliance tracking, government contracts, workflow management, contract lifecycle management, electronic signature amongst others. Contract Logix is a privately held company with headquarter in Lowell, Massachusetts, USA, and it has an employee size of 11 - 50 members of staff.

What is Contract Logix Contract Lifecycle rating? ()

The rating of Contract Logix Contract Lifecycle is 4.1 stars out of 5 and the total score is 70 out of 100. The ratings are based on our unbiased experts. Learn more in our rating methodology page

Who are Contract Logix Contract Lifecycle's typical customers?

The software is a useful solution for businesses of all sizes and a wide range of types. It can be used in such major industries and domains as banking and finance, legal services, retail and wholesale, government and public administration, and others. Some notable clients of the software include Allegis Group, Tek Systems, B/E Aerospace and others.

Is Contract Logix Contract Lifecycle the best Contract Management?

Contract Logix Contract Lifecycle is ranked 27 out of 35 software in their category (Contract Management systems).

What are their main features and functionalities?

The software offers a variety of contract authoring capabilities including automatic insertion of clauses, clause libraries, custom fields, rich text editor, temples, and integration with Microsoft Word. It offers a centralized repository for content storage in addition to PDF conversion, scanned document conversion, full text search, and OCR functionality.

Contract Logix Contract Lifecycle Management offers comparison of redline versions in addition to change tracking and document emailing. Other important capabilities include audit trail, custom reporting and dashboard, expiration calendar, field tracking, contract compliance, contract modifications, customizable alerts, data backup, and others.

What are Contract Logix Contract Lifecycle's pros? (3 Pros)

  • The platform is adaptable and flexible to meet organizational needs
  • Contract Logix reporting feature and request module make audit preparation quick
  • The software is relatively user-friendly

What are Contract Logix Contract Lifecycle's cons? (2 cons)

  • The platform lags on certain browsers
  • Customization often requires technical assistance

Who are their main alternatives?

Popular alternatives to Contract Logix Contract Lifecycle: ContractExpress for SharePoint, SIGNiX Digital Signature Service, Lextree, Gatekeeper Software, Ivalua, Contract Insight Contract Management Software, E2Open Software, Opensource Contract Manager, Parley Pro, Contract Management Suite. The full list of competitors can be found here.

What is the cost of Contract Logix Contract Lifecycle?

The cost of license starts at $59.99 per user/month. On top of the total cost of licenses which is easy to calculate - what is the REAL total cost of implementation? You need to add the cost of training, customization, data migration, and other "hidden cost". ITQlick pricing score is 2.4 out of 10 (10 is most expensive). Find here the REAL total cost breakdown for Contract Logix Contract Lifecycle

What should you ask Contract Logix, LLC during a demo session? (65 questions)

Schedule a demo with Contract Logix Contract Lifecycle and access 65 must ask questions for the vendor while watching Contract Logix Contract Lifecycle in action.

Is it the right software for you?

Contract Logix software is ideal for small, medium, and large enterprises, and it is a suitable solution for any business. Industries such as finance, banking, legal services, procurement services and every other domain that involves contractual terms would find this tool handy. Some of Contract Logix notable clients include; Tek systems, Allegis Group, B/E Aerospace and many others.

Contract Logix Contract Lifecycle's list of categories:

Digital Signature
Financial Compliance
Strategic Planning
Content Management
Product Lifecycle Management
Compliance
Workflow Management
Contract Management
Project Workflow

Contract Logix Contract Lifecycle's list of features:

Version Control
Workflow
Compliance
Product Lifecycle Management
Contract Management

Contract Logix Contract Lifecycle Vs. Alternatives

ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score ITQlick Score is a 1 to 100 score, based on pricing, and functionality Vs. alternative solutions
Pricing pricing Score is a 1 to 10 score, 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
Review
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Contract
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
70/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2.4/10
License pricing license pricing (if provided by the software vendor)
$59.99 per user/month
Functionality
14
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ContractExpress
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
91/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
5.2/10
License pricing license pricing (if provided by the software vendor)
Pricing not available
Functionality
9
SIGNiX
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
88/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
7/10
License pricing license pricing (if provided by the software vendor)
$120 per year
Functionality
4
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Lextree
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
88/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
5.8/10
License pricing license pricing (if provided by the software vendor)
$349 per user/month
Functionality
3
Gatekeeper
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
87/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
6.6/10
License pricing license pricing (if provided by the software vendor)
$775 per month
Functionality
20
Author
Shlomi Lavi - admin

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.