ContractRoom Review - why 4.2 stars?

ContractRoom Review
ITQlick Score: 80/100
ITQlick Rating: (4.2/5)
Pricing: 2/10 - low cost
Category: Document Management -> ContractRoom
Ranking:Ranked 96 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 03, 2021

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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.


What is ContractRoom rating?

The rating of ContractRoom is 4.2 stars out of 5 and the total score is 80 out of 100. The ratings are based on our unbiased experts. Learn more in our rating methodology page

Who uses ContractRoom?

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

Is ContractRoom the best Document Management system?

ContractRoom is ranked 96 out of 423 software in their category (Document Management systems).

What are ContractRoom's pros? (4 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

What are ContractRoom's cons? (2 cons)

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

Who are their main alternatives?

Popular alternatives to ContractRoom: Box, SmartFile, Scan123, iAnnotate Enterprise, GoFileRoom, Microsoft OneDrive for Business, eFileCabinet, eDoc Organizer, JumpBox for the Alfresco CMS, OptiView. The full list of competitors can be found here.

What is the cost of ContractRoom?

The cost of license starts at $3,750 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 out of 10 (10 is most expensive). Find here the REAL total cost breakdown for ContractRoom

What should you ask ContractRoom, Inc. during a demo session? (65 questions)

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

Is it the right software for you?

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

ContractRoom Vs. Alternatives

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
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Box
ITQlick rating
4.3/5
Score
92/100
Pricing
2/10
License pricing
$5 per user/month
Functionality
26
Review
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
iAnnotate
ITQlick rating
3.2/5
Score
92/100
Pricing
5.2/10
License pricing
$10 per license
Functionality
3
Author

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.