Contract Logix vs. Icertis

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Contract Logix
Score 7.1 out of 10
N/A
Contract Logix is a SaaS-deployed contract management software solution.N/A
Icertis
Score 8.1 out of 10
Enterprise companies (1,001+ employees)
Icertis supports contract lifecycle management (CLM). The analyst-validated Icertis Contract Intelligence (ICI) platform aims to turn contracts from static documents into strategic advantage by structuring and connecting the critical contract information that defines how an organization runs. Icertis boasts users among iconic brands and disruptive innovators who use Icertis to fully realize the intent of their combined 7.5 million+ contracts worth more than $1 trillion, in 40+ languages and 90+…N/A
Pricing
Contract LogixIcertis
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Contract LogixIcertis
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup feeRequired
Additional Details
More Pricing Information
Features
Contract LogixIcertis
Contract Authoring
Comparison of Contract Authoring features of Product A and Product B
Contract Logix
10.0
1 Ratings
19% above category average
Icertis
7.3
11 Ratings
13% below category average
Contract creation10.01 Ratings7.811 Ratings
Contract templates00 Ratings7.810 Ratings
Clause library/saved fields00 Ratings8.110 Ratings
Guided logic00 Ratings5.49 Ratings
Contract Monitoring
Comparison of Contract Monitoring features of Product A and Product B
Contract Logix
10.0
1 Ratings
16% above category average
Icertis
6.7
12 Ratings
24% below category average
Contract database10.01 Ratings7.511 Ratings
Contract search10.01 Ratings6.511 Ratings
Contract milestone reminders & alerts10.01 Ratings6.210 Ratings
Custom contract reports10.01 Ratings5.89 Ratings
Tracking contract status10.01 Ratings6.610 Ratings
Compliance check10.01 Ratings7.47 Ratings
Contract Collaboration
Comparison of Contract Collaboration features of Product A and Product B
Contract Logix
-
Ratings
Icertis
6.8
13 Ratings
21% below category average
Contract sharing00 Ratings6.811 Ratings
Contract editing00 Ratings7.09 Ratings
Collaborating on contracts00 Ratings6.410 Ratings
MS Word plug-in00 Ratings7.49 Ratings
Approval process00 Ratings6.912 Ratings
Interdepartmental workflows00 Ratings6.110 Ratings
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Contract LogixIcertis
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Jotform
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Enterprises
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Score 8.6 out of 10
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Score 8.3 out of 10
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User Ratings
Contract LogixIcertis
Likelihood to Recommend
9.0
(1 ratings)
6.4
(13 ratings)
Usability
9.0
(1 ratings)
8.2
(2 ratings)
Support Rating
10.0
(1 ratings)
4.1
(2 ratings)
Ease of integration
-
(0 ratings)
5.0
(10 ratings)
User Testimonials
Contract LogixIcertis
Likelihood to Recommend
Contract Logix, LLC
Suited for legal depts to manage contracts from cradle to grave—security levels assigned to ensure the integrity of data. It's great for producing reports for management and managing renewals and expirations of agreements is convenient. Contract Logix also does not require extensive computer skills—easy to navigate. Probably not suited for contracts that need payments as there is no link to financials.
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Icertis
Icertis is well suited for organizations that have a large number of contracts to manage and need a centralized platform to manage them. It is particularly useful for organizations that need to track and manage contract expiration dates, renewals, and other important dates. It is also well suited for organizations that need to comply with regulatory requirements and need a platform to help with compliance.In terms of scenarios where Icertis may be less appropriate, it may not be the best fit for organizations with a small number of contracts to manage. It may also not be the best fit for organizations that need a high degree of customization, as the platform does have some limitations in terms of customization options. Additionally, Icertis may not be the best fit for organizations that want a platform that is focused on specific industries, such as construction or real estate, as it's more generic in nature.It's worth noting that Icertis is a powerful and flexible tool, and its suitability for a particular organization depends on the specific needs and requirements of that organization.
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Pros
Contract Logix, LLC
  • User friendly: Ease of data entry.
  • Easy to generate reports.
  • Searches can be done using various fields.
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Icertis
  • Contract Creation and Management: Icertis excels at streamlining the contract creation process. It allows users to easily create and manage contracts using pre-approved templates, which can be customized as needed. The platform also includes built-in e-signature capabilities, making it easy for all parties to sign and execute contracts electronically. This has greatly reduced the time and resources needed for contract management, and has enabled our organization to be more efficient in the contract creation process.
  • Contract Compliance: Icertis helps organizations stay compliant with regulatory requirements by providing real-time tracking and alerts for contract expiration dates, renewal dates, and other important dates. This feature has been particularly useful for our organization, allowing us to avoid costly contract renewals and stay compliant with legal requirements.
  • Analytics and Reporting: Icertis provides powerful analytics and reporting capabilities that allow organizations to gain valuable insights into their contract portfolio. These analytics and reports can be used to identify trends, track performance, and make more informed business decisions. This has been particularly beneficial for our organization, allowing us to better understand the performance of our contracts and make more strategic decisions.
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Cons
Contract Logix, LLC
  • Emailing from Contract Logix could be improved, too many clicks.
  • Copying of records cannot be done.
  • Downloading documents can be improved, drag and drop should be available.
  • Capability to store emails.
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Icertis
  • Some features are unnecessarily limiting. For example, the inability to delete records or change fields later if it turns out there has been a mistake in how the contract was entered or the term was described. The Icertis form fields are NOT the contract record that is required to be kept. If someone makes an error, they should be able to fix it. The contract itself doesn't change, and that is the business record.
  • Too much is built on the assumption that the person requesting the contract is the one with the control or ownership of the contract. It would be better if the person to whom the contract is submitted for review was the owner in the system.
  • Not all requests will in fact end with a contract. Sometimes requests are started and the project is abandoned or put on hold for a period of time. More status fields that reflect the reality of contracting would be helpful.
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Usability
Contract Logix, LLC
Easy to manage, little downtime in training, able to provide our needs to contract management.
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Icertis
Some functionality could be achieved with less clicking, the change management could be done a bit a better for deployments
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Support Rating
Contract Logix, LLC
Contract Logix' customer service is excellent. A definite plus if you are thinking of using Contract Logix.
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Icertis
super dependent on how much money you want to pay. The general regular support can usually take around one to two weeks to get an answer and sometimes that issue is fixed but the underlying issue is not addressed even if you call out that it is a repeated issue. It appears that sometimes support is not really trained in how your instance is set up so there can be a bit of back and forth just to be able to get the appropriate support.
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Alternatives Considered
Contract Logix, LLC
Contract Logix is advanced and user-friendly and on the cloud. Easily customizable to your need. Some databases are more.
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Icertis
In our organization, we chose Icertis over Ariba Contracts because of its comprehensive feature set and its advanced contract analytics capabilities. We found that Icertis provided us with more flexibility and customization options, which was important for our organization's specific needs. Additionally, the AI-driven contract insights provided by Icertis have been extremely helpful in helping us optimize business decisions and realize the full potential of our contracts.Another important factor is that Icertis is industry agnostic, while Ariba Contracts has a stronger presence in specific industries. Icertis is more suitable for a wider range of organizations and that's why in our fictional organization we selected it.Overall, both Icertis and Ariba Contracts are powerful contract management software solutions, but Icertis's advanced contract analytics and its flexibility and industry agnostic approach make it a better fit for our fictional organization.
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Return on Investment
Contract Logix, LLC
  • Improved efficiency in managing contracts.
  • Service to other departments has improved.
  • Improved reporting system.
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Icertis
  • Since implementing the platform, we have seen a significant reduction in the time and resources spent on contract management. This has allowed us to reallocate these resources to other areas of the business, resulting in increased revenue.
  • Additionally, Icertis has helped us to improve our entitlement and obligations management, allowing us to better track and manage our contract expiration dates, renewals, and other important dates. This has helped us to avoid costly contract renewals and stay compliant with regulatory requirements, thereby protecting us against noncompliance and penalties.
  • The platform's built-in analytics and reporting capabilities have also been valuable in helping us to gain valuable insights into our contract portfolio, allowing us to make more informed business decisions. Additionally, the platform's contract intelligence has helped us to shorten our sales cycles, which has enabled us to close more deals in less time.
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ScreenShots

Icertis Screenshots

Screenshot of Intelligent Contract Set-up: Intelligent Contract Setup: Personalized, role-based experience for any type of user with flexibility models for complex organizationsScreenshot of Contract Operations: Self-service contracting with intelligent contract negotiations and bulk processing for quick responsesScreenshot of Governance Risk & Compliance: Enables users to proactively identify, assess and manage all contract risks and ensure the fulfillment of contractual obligations based on proactive insights from ICI’s compliance tools.Screenshot of Reporting & Dashboards: Improves visibility to reduces contract cycle times improve negotiation outcomes with dashboards and reportsScreenshot of Analyze Obligations: Obligations and fulfilments can be viewed from customized reports- across users, contract types, and statusScreenshot of Obligation Dashboard: Provides a 360-degree view of compliances with micro-actionable insights to the level of individual agreements