Altova ContractManager vs. Inhubber

It covers the basic contract management functions like setting deadlines, organizing documents in one place, and sending them for signature very well. We use it to reduce document complexity and extract and enhance metadata. It's perfect for managing obligations and information stored in contracts. In fact, AI-powered extraction is a great help to set up all relevant tasks during the initial contract management. It is perfect if you want to explicitly share not only the contract itself but also the attachments.

• It tracks contract expiration dates, renewal periods, etc.
• Automates and manages approvals and helps maintain order in contract management.
• Keeps contracts in a secure location and supports version control.
• Saves time by extracting useful data, e.g. deadlines.
• Provides a very handy reminder management system.

• If you just want to quickly look something up the tool can feel a bit overloaded like it's trying to do everything at once.

The platform helps you to get your things done. It is designed the way so that user spends as little time as possible on dealing with low-value activities like labeling, structuring, signing and focuses more on the things that will determine how much you will get out of the contract, like setting reminders for the deliverables, extracting the key information, etc.

It's easy to understand and to use, though I still recommend asking a colleague or contacting support to get a quick tutorial for first-time users.

• It saves time by replacing channels for document encryption. No need for emails; makes work safer and easier to figure out what document the team is working on.
• No need to switch between the platforms to sign documents.
• No need to read the whole document; just the places AI highlighted.

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