What users are saying about
1 Ratings
3 Ratings
1 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener noreferrer'>trScore algorithm: Learn more.</a>
Score 9 out of 100
3 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener noreferrer'>trScore algorithm: Learn more.</a>
Score 9.3 out of 100

Likelihood to Recommend

ContractRoom

ContractRoom is the best software in market to use for all contracting requirements. ContractRoom can build environment according to their clients contracting process.
Prabhjyot Singh | TrustRadius Reviewer

FileInvite

File invite is specifically well suited for anyone that needs to collect certain documents from their customers. I'd say loan officers specifically. However, ideally, the templates would allow for a robust list of every potential document scenario, whereby the user would just go through and mark a check next to those documents required, rather than loading the invite with every available selection and then going through to delete those that are not necessary. This is slightly more time consuming and allows for more room for error.
Anonymous | TrustRadius Reviewer

Feature Rating Comparison

Contract Authoring

ContractRoom
8.8
FileInvite
Contract creation
ContractRoom
9.0
FileInvite
Contract templates
ContractRoom
8.0
FileInvite
Clause library/saved fields
ContractRoom
9.0
FileInvite
Guided logic
ContractRoom
9.0
FileInvite

Contract Collaboration

ContractRoom
9.0
FileInvite
Contract sharing
ContractRoom
9.0
FileInvite
Contract editing
ContractRoom
9.0
FileInvite
Collaborating on contracts
ContractRoom
10.0
FileInvite
MS Word plug-in
ContractRoom
8.0
FileInvite
Approval process
ContractRoom
10.0
FileInvite
Interdepartmental workflows
ContractRoom
8.0
FileInvite

Contract Monitoring

ContractRoom
9.4
FileInvite
Contract database
ContractRoom
9.0
FileInvite
Legacy contracts
ContractRoom
10.0
FileInvite
Contract search
ContractRoom
10.0
FileInvite
Contract milestone reminders & alerts
ContractRoom
10.0
FileInvite
Custom contract reports
ContractRoom
9.0
FileInvite
Tracking contract status
ContractRoom
9.0
FileInvite
Compliance check
ContractRoom
9.0
FileInvite

Pros

ContractRoom

  • It helps to manage contracts online and also give option to work offline. This way user can manage their contracting needs the way they want.
  • It provide electronic signatures facility within the system so the process will not be stuck anywhere. Simplify the eSignature and manuall signature process.
  • The conditional drafting feature of ContractRoom allow us to use or modify the framework requirements which simplifies the end user need.
Prabhjyot Singh | TrustRadius Reviewer

FileInvite

  • Templates for similar use cases.
  • Customer notifications via email and text.
  • Ease of access to the request list by the recipient.
Anonymous | TrustRadius Reviewer

Cons

ContractRoom

  • Reporting functionality needs to be improved. Extraction of reports is sometimes difficult due to limited options for search criteria.
  • ContractRoom is new system so it is normal to get stuck sometimes but this will get resolved in their new release.
  • Sometimes its advanced search function doesn't work properly. But when we report it, it gets fixed in real time. So this is something that needs to be addressed. Otherwise the product is very useful.
Prabhjyot Singh | TrustRadius Reviewer

FileInvite

  • I am hopeful to see more customization in the templates, such as the ability to check to include rather than delete to exclude certain items on a per-client basis.
  • The system allows text reminders and email reminders. There is a cost to the text reminders, but no way to send ongoing email reminders without texts if texts are enabled.
  • I'd like to see a way to send test invitations while fine-tuning a variety of invite types. Currently, I believe any invite goes against the # permitted for the fee paid.
Anonymous | TrustRadius Reviewer

Usability

ContractRoom

No score
No answers yet
No answers on this topic

FileInvite

FileInvite 10.0
Based on 1 answer
Aside from a few minor recommendations, the solution is well thought through and very easy to set up. As a matter of fact, the onboarding support by the team was fantastic, and the ongoing availability to help while we were/are learning the platform has been extremely friendly and reliable.
Anonymous | TrustRadius Reviewer

Performance

ContractRoom

No score
No answers yet
No answers on this topic

FileInvite

FileInvite 10.0
Based on 1 answer
It has been pretty smooth so far. There was an issue earlier this week that resulted in corrupted invites whereby the unique secure link failed, but I was able to resubmit the invitations quite simply, and they've assured me the issue was unusual and I won't be alarmed unless it happens again sometime soon.
Anonymous | TrustRadius Reviewer

Alternatives Considered

ContractRoom

ContractRoom is a subscription base model which helps have access to this software without having any financial impact to our business. We can purchase the license that we want and pay accordingly.
Prabhjyot Singh | TrustRadius Reviewer

FileInvite

There were at least two other solutions that I looked into. Of my list of needs, however, file invite had the majority of them covered, and I know that at least one other solution that I reviewed was significantly more expensive.
Anonymous | TrustRadius Reviewer

Return on Investment

ContractRoom

  • ContractRoom has had a positive impact on our internal business following within our organization.
  • ContractRoom is a subscription-based model making it easy to use.
  • ContractRoom provide complete customer support which is again a plus.
Prabhjyot Singh | TrustRadius Reviewer

FileInvite

  • It's a little too soon to tell, but we envision this solution will pay for itself.
  • We also see this solution as an improvement to the customer experience.
Anonymous | TrustRadius Reviewer

Screenshots

Pricing Details

ContractRoom

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

FileInvite

General

Free Trial
Yes
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
No

Rating Summary

Likelihood to Recommend

ContractRoom
9.0
FileInvite
10.0

Usability

ContractRoom
FileInvite
10.0

Performance

ContractRoom
FileInvite
10.0

Add comparison