Concord delivers contract management for the 90% of agreements that don't need legal complexity. Founded in 2014, the company serves 1,500+ SMB and mid-market organizations (50-1,000 employees) across North America and Europe from offices in Austin and Paris. The platform combines contract creation, real-time collaboration, e-signature, and AI-powered review in a single workflow. Business users draft from templates, negotiate in-browser (no more Word attachments), and get AI review in 23…
$399
per month
OpenText Documentum
Score9 out of 10
N/A
OpenText acquired Documentum from Dell EMC in 2017, and now supports the enterprise content management (ECM) system. The vendor says users can build content-centric applications and solutions from collaborating on business documents to delivering case-based applications to managing highly precise processes in the most regulated business environments.
N/A
Pricing
Concord
OpenText Documentum
Editions & Modules
Essentials
$399
per month
Business
$699
per month
Enterprise
Contact Sales
Enterprise
Contact sales@concord.app
No answers on this topic
Offerings
Pricing Offerings
Concord
OpenText Documentum
Free Trial
No
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
Yes
Yes
Entry-level Setup Fee
No setup fee
Optional
Additional Details
Concord pricing includes implementation, services, and unlimited support. All Concord plans include unlimited documents and unlimited e-signatures.
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More Pricing Information
Features
Concord
OpenText Documentum
Contract Authoring
Comparison of Contract Authoring features of Concord and OpenText Documentum
Feature
Concord
8.7
6 Ratings
6% above category average
OpenText Documentum
-
Ratings
Contract creation
9.76 Ratings
00 Ratings
Contract templates
8.06 Ratings
00 Ratings
Clause library/saved fields
8.05 Ratings
00 Ratings
Guided logic
9.11 Ratings
00 Ratings
Contract Collaboration
Comparison of Contract Collaboration features of Concord and OpenText Documentum
Feature
Concord
9.1
6 Ratings
10% above category average
OpenText Documentum
-
Ratings
Contract sharing
9.46 Ratings
00 Ratings
Contract editing
8.46 Ratings
00 Ratings
Collaborating on contracts
8.76 Ratings
00 Ratings
MS Word plug-in
8.52 Ratings
00 Ratings
Approval process
9.75 Ratings
00 Ratings
Interdepartmental workflows
9.75 Ratings
00 Ratings
Contract Monitoring
Comparison of Contract Monitoring features of Concord and OpenText Documentum
Feature
Concord
9.0
6 Ratings
9% above category average
OpenText Documentum
-
Ratings
Contract database
8.76 Ratings
00 Ratings
Contract search
7.76 Ratings
00 Ratings
Contract milestone reminders & alerts
9.54 Ratings
00 Ratings
Custom contract reports
9.54 Ratings
00 Ratings
Tracking contract status
9.55 Ratings
00 Ratings
Compliance check
9.11 Ratings
00 Ratings
Enterprise Content Management
Comparison of Enterprise Content Management features of Concord and OpenText Documentum
Feature
Concord
-
Ratings
OpenText Documentum
9.2
7 Ratings
13% above category average
Content capture & imaging
00 Ratings
10.07 Ratings
File sync, storage & archiving
00 Ratings
9.07 Ratings
Document management
00 Ratings
9.07 Ratings
Records management
00 Ratings
9.07 Ratings
Content search & retrieval
00 Ratings
9.07 Ratings
Enterprise content collaboration
00 Ratings
9.07 Ratings
Content publishing & creation
00 Ratings
9.07 Ratings
Security, risk management & information governance
Concord is honestly suited for all types of organizations because the software is flexible in its application and very easy to implement. In addition, Concord offers exceptional customer service with professionals who will work with you to ensure success, whether it be through training, problem-solving, or even finding ways to engage employees to maximize the benefit of the software. Most appreciated about Concord is their willingness to listen to their users to constantly evolve with new features or added functionality based on customer feedback.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Documentum is best used in medium to large institutions that can afford it, have alternate solutions for web publishing, and who have either in-house developers or can hire good Documentum developers (not the ones who know Java but do not understand ECM). It is, in my opinion, the best heavy duty ECM solution out there, assuming OT is not gutting it as we speak. That is my only hesitation to not giving it a 10, OpenText is an unknown quantity in this and I worry that they will only support Documentum until they have figured out how to fill the gap between Documentum and OT and then offer a migration path to OT with a Documentum sunsetting as an incentive.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Records management: Compared to other content management systems, this provides a efficient and scalable solution. It gives lot of flexibility in managing the content as Records or Legal holds.
Workflow system has external plugins to connect with FAX, Mail, Database and FTP servers etc. which gives an option to integrate with any system with documentum.
Creation of websites and maintenance is easy. Content authors can create the pages with effective mechanism.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Make it easier to find the templates from any page
Improve the search function--it's sometimes difficult to find specific documents when searching
Change back to "limited editor" and "no editing rights" when sharing documents; the new term of "viewer" makes it seem like nothing can be edited at all
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
WDK framework has been the biggest drawbacks from the application speed point of view, as well as client complexity and not so natural look and feel. Yes, with the latest releases much of these features are improved.
EMC is very expensive to buy, own and support, where some products require many dependent Docuemntum products to be installed to work at its best.
Stability is a key factor as well as its flexibility. Also, any organization that deploys Documentum will have made a significant investment in terms of time and money, so not renewing its commitment can come with a significant cost. That said, the decision to deploy Documentum initially should come only after extensive evaluation, knowing that once deployed it will likely remain the platform of choice.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Concord is extremely user friendly and saves me so much time! How else would I be able to manage all of the contracts for 9 different agencies all by myself?!?
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
I gave it a five because it was the closest to a neutral response. I have not had issues with Concord and have not had a reason to contact support, so I don't have an accurate opinion here. From my conversations with our legal team, it seems they have been able to work with the support team at Concord to get any potential issues resolved in a timely manner.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
I would rather not compare apples and apples nor apples and oranges, and just share Concord has been an excellent Contract Management System for current organization.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
After this product, the client is able to manage content security and due to it, the client is able to use the business process, and this really reduces effort and increases the profit in business.
It provides integration with SAP easily which really helps the client to manage this effectively and with minimum effort system is ready to use.
Also searching, automated flows also create a bigger impact and reduce a lot manual effort.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info