ContractRoom Review - why 4.2 stars?

ContractRoom Review
ITQlick Score: 80/100
ITQlick Rating:
Pricing: 2/10 - low cost
Category: Document Management -> ContractRoom review
Ranking:Ranked 94 out of 423 Document Management systems
Company: ContractRoom, Inc.
Pricing: starts at $3,750 per user/month
Typical customers: Small, medium and large size businesses
Platforms: Desktop, Mobile, Cloud
Links: ContractRoom pricing, ContractRoom alternatives
Shlomi LaviShlomi Lavi / updated: Sep 26, 2022

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What is ContractRoom?

ContractRoom is a life cycle management software designed to enable contractors to negotiate and control projects using generated insights and contract analysis. The software helps users close deals faster using its automated document assembly and online negotiation tools and increases visibility into projects by eliminating offline back holes. ContractRoom can be used to build better collaboration, achieve accuracy, and automate and streamline workflow.

The software key features are; online negotiation environment, automated document assembly, content digitization, and intelligent contract repository. ContractRoom was founded by ContractRoom Inc., a software company founded by Emil Stefanutti and Peter Thomson, based in California, United States, with an employee size of about 51-200 persons.

Who is it best for?

The typical customers include the following business size: Small, medium and large size businesses.

What is the actual cost?

The cost of license starts at $3,750 per user/month. ITQlick pricing score is 2 out of 10 (10 is most expensive). Access ITQlick pricing guide for ContractRoom. You can also find here pricing information from ContractRoom's website.

Pros

  • ContractRoom is user friendly, flexible, and easy to learn
  • It serves as a great tool to track real-time history and also save time in the negotiation process
  • The software is constantly developing and adding more features
  • The software can be used to reduce risks and operating costs

Cons

  • The software can be used to reduce risks and operating costs
  • The system once experienced lags

How it stacks up?

Access a head to head analysis of ContractRoom vs alternative software solutions.
ITQlick rating
Score
Pricing
License pricing
Functionality
Review
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ContractRoom
ITQlick rating
4.2/5
Score
80/100
Pricing
2/10
License pricing
$3,750 per user/month
Functionality
13
Compare
iAnnotat...
ITQlick rating
3.2/5
Score
92/100
Pricing
5.2/10
License pricing
$9.99 per license
Functionality
3
SmartFile
ITQlick rating
4.9/5
Score
92/100
Pricing
6.4/10
License pricing
$10 per user/month
Functionality
3
Scan123
ITQlick rating
4.2/5
Score
92/100
Pricing
4/10
License pricing
$349 per month
Functionality
3
Box
ITQlick rating
4.3/5
Score
92/100
Pricing
2/10
License pricing
$15 per user/month
Functionality
26
Review

Frequently Asked Questions (FAQs)

Is it the best Document Management system?

ContractRoom is ranked 94 out of 423 software in their category (Document Management systems).

How they are rated on ITQlick?

The rating of ContractRoom is 4.2 stars out of 5 and the total score is 80 out of 100. The rating score is based on our unbiased data-based algo. Learn more - rating methodology page.

Is it an easy to use Software?

Yes, ContractRoom makes it fairly easy to use. This product is user friendly and intuitive.

Is it cloud-based?

Yes, they offer cloud based hosting, which means IT resources are retrieved through web-based tools and applications and you don't need to buy servers and additional hardware equipment.

Can it be used on mobile?

Yes, you can access ContractRoom on your mobile/smart phone.

What should we ask during a demo session?

Differences between ContractRoom and alternatives?

The most popular alternatives to ContractRoom in 2024: Box, SmartFile, Scan123, iAnnotate Enterprise, GoFileRoom. Access the complete competitors analysis here - ContractRoom VS Document Management Software alternatives.

Is ContractRoom right for you or your business?

The software is fit for small, medium, and large businesses in the finance, sales, procurement, and legal firms industry.

List of categories

Digital Signature
Strategic Planning
Document Management
Product Lifecycle Management
Compliance
Contact management
Workflow Management
Contract Management
Project Workflow
Digital Signature

List of features

Version Control
Product Lifecycle Management
Graphical Workflow Editor

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.