Transaction Commons Review - why 3 stars?

Transaction Commons Review

ITQlick Score:	82/100
ITQlick Rating:
Pricing:	4/10 - average cost
Category:	Document Management -> Transaction review
Ranking:	Ranked 79 out of 423 Document Management systems
Company:	Transaction Commons
Pricing:	starts at $200 per month
Typical customers:	Small businesses and start ups
Platforms:	Mobile, Cloud
Links:	Transaction Commons pricing, Transaction Commons alternatives

Shlomi Lavi / updated: Feb 28, 2022

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Table of Contents

What is Transaction Commons?

Transaction Commons is a business negotiating software that improves communication in transaction processes and organizes documents for business negotiations. The software provides the historical negotiating agreement versions, organizes relevant documents, and guides users through the entire negotiating/transaction process. It also performs important activities like managing document sharing and distribution, collecting information, updating business documents, and managing post-closing activities.

The software help users reduce time in transaction processes, improves mutual understanding, and increases compliance. The software has features like data rooms, transaction dashboard, agreement tracking, and escrow documentation. Transaction Commons was founded by Transaction Commons LLC, a software company founded by Bob Marsh in 2007, currently based in Kansas City, Missouri, United States.

Who is it best for?

The typical customers include the following business size: Small businesses and start ups.

What is the actual cost?

The cost of license starts at $200 per month. ITQlick pricing score is 4 out of 10 (10 is most expensive). Access ITQlick pricing guide for Transaction Commons.

Pros

Users of this software can control access to transactions by other persons
Transaction Commons guarantees a secure exchange
It is a unified platform that allows access to all documents of businesses
Users can physically or electronically close deals in a coordinated and accurate manner

How it stacks up?

Access a head to head analysis of Transaction Commons vs alternative software solutions.

ITQlick rating

Score

Pricing

License pricing

Functionality

Review

Compare

Transaction

ITQlick rating

3/5

Score

82/100

Pricing

4/10

License pricing

$200 per month

Functionality

8

Review

Transaction review

Compare

iAnnotat...

ITQlick rating

3.2/5

Score

92/100

Pricing

5.2/10

License pricing

$9.99 per license

Functionality

3

Review

iAnnotat... review

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iAnnotate Vs Transaction

SmartFile

ITQlick rating

4.9/5

Score

92/100

Pricing

6.4/10

License pricing

$10 per user/month

Functionality

3

Review

SmartFile review

Compare

SmartFile Vs Transaction

Scan123

ITQlick rating

4.2/5

Score

92/100

Pricing

4/10

License pricing

$349 per month

Functionality

3

Review

Compare

Scan123 Vs Transaction

Box

ITQlick rating

4.3/5

Score

92/100

Pricing

2/10

License pricing

$15 per user/month

Functionality

26

Review

Compare

Box Vs Transaction

Frequently Asked Questions (FAQs)

Is it the best Document Management system?

Transaction Commons is ranked 79 out of 423 software in their category (Document Management systems).

How they are rated on ITQlick?

The rating of Transaction Commons is 3 stars out of 5 and the total score is 82 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, Transaction Commons 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 Transaction Commons on your mobile/smart phone.

What should we ask during a demo session?

65 questions to ask during a demo session with Transaction Commons.

Differences between Transaction Commons and alternatives?

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

Is Transaction Commons right for you or your business?

Transaction Commons fits into small, medium, and large businesses in the legal firms, financial services, insurance, and real estate industry. Generally, Attorneys, financial advisors, accountants, brokers, project teams would find this software useful.

List of categories

Content Management

Document Management

Records Management

Enterprise Content Management

List of features

Remote Document Access

Document Management

Enterprise Resource Planning

Content Management

Auditor - Shlomi Lavi

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.