What users are saying about
2 Ratings
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Score 8 out of 100
7 Ratings
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Score 10 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

SAP Contract Lifecycle Management

Easy to understand and use SAP Contract Lifecycle Management tool. Customer service is great and also the timeline to fix bug is accurate. Drafting, negotiation and electronic signatures are excellent features of it.
Prabhjyot Singh | TrustRadius Reviewer

Feature Rating Comparison

Contract Authoring

ContractRoom
8.8
SAP Contract Lifecycle Management
9.5
Contract creation
ContractRoom
9.0
SAP Contract Lifecycle Management
10.0
Contract templates
ContractRoom
8.0
SAP Contract Lifecycle Management
10.0
Clause library/saved fields
ContractRoom
9.0
SAP Contract Lifecycle Management
9.0
Guided logic
ContractRoom
9.0
SAP Contract Lifecycle Management
9.0

Contract Collaboration

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

Contract Monitoring

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

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

SAP Contract Lifecycle Management

  • End to End Contracting Solution
  • Maintain audit history
  • Easy to Search and Manage contracts
  • Notification feature once the contract is fully signed to maintain contract health
Prabhjyot Singh | 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

SAP Contract Lifecycle Management

  • Can work in one browser at a time
  • Migration of any tool to SAP contract Lifecycle is not easy, took lot of efforts
  • Support team should have more functionality to assist the user
Prabhjyot Singh | TrustRadius Reviewer

Usability

ContractRoom

No score
No answers yet
No answers on this topic

SAP Contract Lifecycle Management

SAP Contract Lifecycle Management 10.0
Based on 1 answer
I find it more suitable tool then any other tool that I have used so far. It is more simple and easy to relate with its step by step feature and maintaining end to end solution. Even after the contract is fully signed monitoring of contract is easy to maintain.
Prabhjyot Singh | TrustRadius Reviewer

Support Rating

ContractRoom

No score
No answers yet
No answers on this topic

SAP Contract Lifecycle Management

SAP Contract Lifecycle Management 10.0
Based on 1 answer
It is easy to use this SAP Contract Life Cycle Management tool due to its excellent customer support. Drafting, negotiation and electronic signatures never been so easy to use in one system.
Prabhjyot Singh | 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

SAP Contract Lifecycle Management

SAP Contract Life Cycle Management has more appropriate as it has end to end solutioning. We can start using it for PRF (procurement requisition form) and then link it to start a contract which maintain end to end history of the contract. Another point is better integration with different tools like SAP, etc.
Prabhjyot Singh | 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

SAP Contract Lifecycle Management

  • Easy reporting of contracts which saves lot of time and effort
  • Easy to follow the workflow
  • Support team should be more technical and try to provide the resolution at their level
Prabhjyot Singh | TrustRadius Reviewer

Screenshots

SAP Contract Lifecycle Management

Pricing Details

ContractRoom

General

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

SAP Contract Lifecycle Management

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?

Rating Summary

Likelihood to Recommend

ContractRoom
8.0
SAP Contract Lifecycle Management
10.0

Usability

ContractRoom
SAP Contract Lifecycle Management
10.0

Support Rating

ContractRoom
SAP Contract Lifecycle Management
10.0

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