TrustRadius Insights
AXDRAFT has been highly regarded by users for its ability to significantly reduce the time it takes to create bank documents. This feature …
Starting at $1,200 per month Volume-based/Seat-based
View PricingOverview
What is AXDRAFT?
AXDRAFT is an end-to-end contract lifecycle management platform that lets law firms, in-house legal, and business teams build a digital contract experience, to save time and to enable users to focus on high-impact tasks. The vendor states that with AXDRAFT,…
Recent Reviews
Leaving a review helps other professionals like you evaluate Contract Management Software
Be the first one in your network to review AXDRAFT, and make your voice heard!
Get StartedPricing
Entry-level set up fee?
- No setup fee
For the latest information on pricing, visithttps://www.axdraft.com/pricing
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
Starting price (does not include set up fee)
- $1,200 per month Volume-based/Seat-based
Product Demos
AXDRAFT - Approval workflows
YouTube
Product Details
- About
- Integrations
- Competitors
- Tech Details
- Downloadables
What is AXDRAFT?
AXDRAFT is an end-to-end contract lifecycle management platform that lets law firms, in-house legal, and business teams build a digital contract experience, to save time and to enable users to focus on high-impact tasks. The vendor states that with AXDRAFT, growing and enterprise companies have already saved $5+ million and 75,000 hours on routine legal work.
The vendor's value proposition for using AXDRAFT is:
The vendor's value proposition for using AXDRAFT is:
- No implementation fees
- Full onboarding and roll-out in 2-4 weeks, with minimum input from the end user
- All contracts are processed in seconds, regardless of their size
- Accessible from any device, without any functional limitations
- Flexible pricing models to fit any budget
- Out-of-the-box data integration with public registries in 43 countries (US & Canada included)
- Ability to automate contracts in 150+ languages, including bilingual contracts
- GPT-3 technology to forget about legalese
AXDRAFT Features
Contract Authoring Features
- Supported: Contract creation
- Supported: Contract templates
- Supported: Clause library/saved fields
- Supported: Integration to CPQ
- Supported: PDF generator
- Supported: Contract attachments
- Supported: Guided logic
Contract Collaboration Features
- Supported: Contract sharing
- Supported: Contract editing
- Supported: Contract merge
- Supported: Collaborating on contracts
- Supported: Approval process
- Supported: Parallel approvals
- Supported: Interdepartmental workflows
Contract Monitoring Features
- Supported: Contract database
- Supported: VORs
- Supported: Contract search
- Supported: Contract milestone reminders & alerts
- Supported: Custom contract reports
- Supported: Tracking contract status
AXDRAFT Screenshots
AXDRAFT Videos
AXDRAFT Integrations
AXDRAFT Competitors
AXDRAFT Technical Details
| Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Unspecified |
| Mobile Application | Mobile Web |
| Supported Countries | Global |
| Supported Languages | English, Ukrainian, Russian |
AXDRAFT Downloadables
- The complete list of all document drafting options inside AXDRAFT.
- An unabridged list of all collaboration and approval workflows available for AXDRAFT users.
- All the ways you can store, search, and re-use contract data with AXDRAFT CLM.
- A growing list of AXDRAFT integrations topped by the e-sign possibilities inside AXDRAFT.
- A complete guide that will walk you through the process of migrating from legacy CLM software to AXDRAFT without any friction, preserving all the valuable data.
- All the steps AXDRAFT takes to secure your information on the platform and protect it from unauthorized access.
AXDRAFT Customer Size Distribution
| Consumers | 0% |
|---|---|
| Small Businesses (1-50 employees) | 12% |
| Mid-Size Companies (51-500 employees) | 55% |
| Enterprises (more than 500 employees) | 33% |
Comparisons
Compare with
Reviews
Community Insights
TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!
- Business Problems Solved
- Pros
- Cons
AXDRAFT has been highly regarded by users for its ability to significantly reduce the time it takes to create bank documents. This feature allows for quick document preparation and the ability to draft documents in advance. Users have found that implementing AXDRAFT has made a noticeable difference, as it eliminates manual processes and provides a smooth transition to digitalization.
One of the most significant advantages of using AXDRAFT is improved collaboration within teams. By providing all the necessary tools for each team's needs, AXDRAFT helps organizations come to an agreement and promotes standardization across teams. This not only reduces conflicts but also enhances the efficiency of collaborative work. In addition, AXDRAFT's simple and intuitive user interface, coupled with responsive support, makes it easy for users to navigate and utilize the software effectively.
Furthermore, AXDRAFT automates the processing of multiple forms and data, saving a significant amount of time for users. With centralized storage of data and easy accessibility, AXDRAFT facilitates faster report creation and audits. The strong legal expertise of the AXDRAFT team is highly valued by users, particularly in automating complex contracts and providing assistance in document automation. Moreover, the ability to constantly tune and correct templates with the help of the AXDRAFT team is seen as a valuable advantage for dynamic companies.
Overall, by streamlining workflows, reducing manual tasks, and offering efficient collaboration features, AXDRAFT proves to be an invaluable tool for teams across various industries.
Constant Communication and Helpful Support: Users appreciate the consistent communication and helpfulness of the AXDRAFT team in providing advice and assistance to solve problematic issues. Many reviewers have praised the support team for their quick response and excellent service, highlighting their immediate assistance and exceptional customer support.
Intuitive Interface and Streamlined Document Creation Process: Users were pleasantly surprised by the intuitive interface and simplicity of actions performed during testing, which made creating documents faster and easier. Multiple users found that AXDRAFT quickly and efficiently resolved any inaccuracies or errors, enhancing the overall user experience.
Time-saving Automation Features: Users value the time saved with each document creation as AXDRAFT allows for automation of the process. They appreciate that AXDRAFT helps create error-free documents while allowing for data reuse to speed up drafting related documents.
Limited integration with accounting software: Some users have mentioned that the software currently lacks integration with their accounting system, which could be a limitation for them.
Price concerns and budget discussions: Several users expressed concerns about the price of the software as they need to navigate budget discussions with their finance team. However, overall they are satisfied with what they receive for the price and suggest having a free option to avoid budget arguments.
Learning curve for certain types of agreements: A few users noted that managing more complex or negotiable agreements in AXDRAFT can be slightly challenging, suggesting there may be a learning curve for these specific agreement types.