TrustRadius Insights
Leeway has proven to be an invaluable tool for users in managing their contracts effectively. Users have praised the software for its …
Starting at $119 per month
View PricingOverview
What is Leeway?
Leeway is a contract management and automation solution that aims to streamline and simplify the contract lifecycle. According to the vendor, Leeway caters to various professions and industries, including legal teams, sales teams, financial teams, purchasing teams, and HR teams. With a range of features...
Recent Reviews
Leaving a review helps other professionals like you evaluate Contract Management Software
Be the first one in your network to review Leeway, and make your voice heard!
Get StartedPricing
Basic
$119
Cloud
per month
Entry-level set up fee?
- No setup fee
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
Product Details
- About
- Tech Details
What is Leeway?
Leeway is a contract management and automation solution that aims to streamline and simplify the contract lifecycle. According to the vendor, Leeway caters to various professions and industries, including legal teams, sales teams, financial teams, purchasing teams, and HR teams. With a range of features and a user-friendly interface, Leeway aims to empower businesses by centralizing contract storage, automating workflows, improving collaboration, and enhancing overall contract management efficiency.
Key Features
Smart storage: Leeway allows users to centralize contracts on a secure platform, providing quick and easy access to procurement data. According to the vendor, advanced search and filters enable secure storage and access, along with a summary of key contract information.
Keep control with approval workflows: Leeway enables users to track the progress of purchase contracts and integrate electronic signature for faster validation. The vendor claims that the platform offers conditional and automatic validations to ensure compliance and control over the purchasing process.
Streamline your procurement process: Leeway provides real-time visibility on contract signature times, quick access to all agreements, and a real-time monitoring dashboard. Users can generate detailed reports and utilize advanced filters to streamline their procurement process, according to the vendor.
Generate your contracts autonomously: With Leeway, users can generate new contracts from their CRM and utilize company templates for consistency. The platform aims to empower sales teams with autonomy in contract creation and ease in filling in operational information.
Speed up your customer negotiations: Leeway allows users to send contracts and sign them in a few clicks. The platform offers real-time internal collaboration, a modern negotiation experience, and a free embedded electronic signature, according to the vendor.
A single place to manage the entire contract lifecycle: Leeway enables users to store and access all contract information in one place. The platform offers version management and activity tracking, centralized information and communication, and contractual access management, according to the vendor.
Save time in the review of your documents: Leeway provides an intuitive interface for negotiating contracts and manages revisions efficiently with suggestion-add technology. The platform also offers integrated markup technology for reliable change tracking, aiming to enhance the user experience for efficient document review.
Connect your favorite tools: Leeway integrates seamlessly with CRMs for streamlined workflow, offers DocuSign integration for electronic signature, and can be connected to over 4,000 applications with Zapier. Users can increase efficiency and reduce administrative work through these tool connections, according to the vendor.
Contract signature: Leeway ensures secure agreement when contracts are signed, utilizing a Smart Personal Assistant to eliminate repetitive tasks. The platform offers automatic progress and dunning messages, as well as scheduled activity summary emails, according to the vendor.
Control the documents you send and sign: With Leeway, users can track the progress of contracts from drafting to signing and monitoring. The platform offers e-signature integration and provides conditional and automatic validations, according to the vendor.
Leeway Features
- Supported: Team Collaboration
- Supported: Contract Lifecycle Management
- Supported: Completion Tracking
- Supported: Electronic Signature
- Supported: Pre-built Templates
- Supported: Version Control
- Supported: Full Text Search
- Supported: Workflow Management
- Supported: CRM
- Supported: Approval Process Control
- Supported: Audit Trail
- Supported: Buy Side (Suppliers)
- Supported: Customizable Branding
- Supported: Data Extraction
- Supported: Reminders
- Supported: Sell Side (Customers)
- Supported: Access Controls/Permissions
Leeway Technical Details
| Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Web-Based |
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
Leeway has proven to be an invaluable tool for users in managing their contracts effectively. Users have praised the software for its ability to centralize the negotiation process, making it simple and rapid. With Leeway, users can easily share, review, and sign contracts both internally and with clients, streamlining the entire process and making it more efficient. This centralized contract management ensures continuity and reduces the risk of losing key information.
The software also provides full visibility on contractual commitments, allowing for better management and organization of contracts. Users appreciate the finance teams and other users being involved in approval procedures, as this streamlines the workflow and ensures that all necessary parties are included in the process. Moreover, Leeway's centralized information accessible to all teams makes it easier to answer questions about contracts and improves collaboration across different departments.
One prominent use case of Leeway is its ability to optimize the review and signature workflow. By simplifying online signature processes and allowing for digital signing, users have found that tasks related to contract management are done much more efficiently. Additionally, users have reported saving significant time on tasks like archiving contracts, thanks to Leeway's streamlined contract management and storage capabilities. The software also empowers business teams to act autonomously and capture opportunities quickly, enhancing productivity within organizations.
In terms of contract quality and coverage, Leeway ensures consistency across counterparties, reducing the chance of unnoticed expired contracts. Users have praised the product for its ability to improve contract deadlines monitoring and provide visibility on contract characteristics. The real-time visibility on negotiated contracts offered by Leeway has been lauded by customers as it enables them to track and analyze contracts effortlessly while reducing unnecessary back-and-forth emails.
Furthermore, Leeway adds value during onboarding and discovery sessions by providing concrete follow-up during implementation. Users have reported that the software solves contract monitoring problems effectively and enhances the overall contract management process. The automatic generation of simple contracts like NDAs further streamlines workflow and saves time for legal teams to focus on more value-added tasks.
Overall, Leeway has received positive feedback for its ability to centralize contract management, streamline the negotiation process, enhance collaboration, and improve overall contract quality and coverage. The software's intuitive interface and features have made it an indispensable tool for users in various industries.
Time-saving tool: Users have found Leeway to be a time-saving tool, with multiple reviewers stating that it automatically sets reminder dates for contracts, eliminating the need for manual tracking. This feature has been appreciated by users as it streamlines contract management processes and increases efficiency.
Simplicity and ease of use: Multiple reviewers have praised Leeway's simplicity and ease of use, making it efficient to document and monitor information on each contract. The user-friendly interface and streamlined process have made it easy for non-legal employees to navigate the software, broadening its accessibility to a wider range of users.
Centralization and sharing capabilities: Reviewers have highlighted the positive aspect of being able to centralize all operations and legal actions in one place using Leeway's contract library and dematerialized signature tool. Additionally, the ability to easily share documents with other entities has been seen as valuable by users, facilitating collaboration and improving communication throughout the contract management process.
Integration with open databases: Some users have expressed a desire for the integration of Leeway with open databases like Pappers or societe.com to automatically populate company information.
Challenging to get used to: Several reviewers have found it challenging to navigate and become accustomed to the numerous different features offered by Leeway.
Limited legal functionalities: A few users have mentioned that Leeway feels more like a business tool than a legal one, stating that certain legal functionalities are limited in the software.