What users are saying about
1 Ratings
2 Ratings
1 Ratings
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Score 9 out of 100
2 Ratings
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Score 6.3 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

IBM Datacap

It's well suited to extracting data from structured documentation and can do this with relative ease. It's less suited to images or Excel and has difficulty reading these.
Ben Williams | TrustRadius Reviewer

Feature Rating Comparison

Contract Authoring

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

Contract Collaboration

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

Contract Monitoring

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

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

IBM Datacap

  • Ingest documents
  • Analyse text
Ben Williams | 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

IBM Datacap

  • Supporting documentation is poor
  • UI is old fashioned
Ben Williams | TrustRadius Reviewer

Support Rating

ContractRoom

No score
No answers yet
No answers on this topic

IBM Datacap

IBM Datacap 9.0
Based on 1 answer
Generally they are very good and reactive to our requests. if we find an issue our error they are quick to add a fix to the next release if needs be.
Ben Williams | 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

IBM Datacap

It was cheaper with a better support package offered and no price per page scanned!
Ben Williams | 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

IBM Datacap

  • Increased productivity.
  • Better adherence to compliance as all documents are read and understood in the same way.
Ben Williams | TrustRadius Reviewer

Screenshots

Pricing Details

ContractRoom

General

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

IBM Datacap

General

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

Rating Summary

Likelihood to Recommend

ContractRoom
9.0
IBM Datacap
8.0

Support Rating

ContractRoom
IBM Datacap
9.0

Add comparison