ContractWorks, An Onit Product vs. Corcentric Source-to-Pay Platform

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
ContractWorks, An Onit Product
Score 8.8 out of 10
N/A
ContractWorks aims to make executing, storing, and tracking corporate agreements easier and more accessible to businesses and teams of all sizes, by providing what they describe as a quick implementation, an easy-to-use interface, and pricing starting at $700/month for unlimited users. In addition to features needed to manage agreements, users get a team of support professionals to help get the most out of their contract portfolio. Smart Document Tagging & Customizable…
$700
per month Billed Annually
Corcentric Source-to-Pay Platform
Score 6.0 out of 10
N/A
The Corcentric Source-to-Pay Platform, including technology from the former Determine Selectica CPQ solution acquired by Corcentric in April 2019, is designed to provide a customizable CPQ solution to cover an enterprise's need to offer many possible permutations of combinations of product and service in a streamlined fashion.N/A
Pricing
ContractWorks, An Onit ProductCorcentric Source-to-Pay Platform
Editions & Modules
Standard
$700/month
Unlimited users, 2500 documents, 5 e-sign licenses
Professional
$900/month
Unlimited users, 10,000 documents, 10 e-sign licenses
Premium
$2000/month
Unlimited users, unlimited documents, 20 e-sign licenses
No answers on this topic
Offerings
Pricing Offerings
ContractWorks, An Onit ProductCorcentric Source-to-Pay Platform
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsContractWorks offers low, transparent pricing plans to meet the needs and budget of any business.—
More Pricing Information
Community Pulse
ContractWorks, An Onit ProductCorcentric Source-to-Pay Platform
Top Pros

No answers on this topic

Top Cons

No answers on this topic

Features
ContractWorks, An Onit ProductCorcentric Source-to-Pay Platform
Contract Collaboration
Comparison of Contract Collaboration features of Product A and Product B
ContractWorks, An Onit Product
8.0
4 Ratings
5% below category average
Corcentric Source-to-Pay Platform
-
Ratings
Contract sharing8.04 Ratings00 Ratings
Contract Monitoring
Comparison of Contract Monitoring features of Product A and Product B
ContractWorks, An Onit Product
8.6
6 Ratings
1% above category average
Corcentric Source-to-Pay Platform
-
Ratings
Contract database8.96 Ratings00 Ratings
Contract search8.96 Ratings00 Ratings
Contract milestone reminders & alerts8.66 Ratings00 Ratings
Custom contract reports7.85 Ratings00 Ratings
Tracking contract status8.45 Ratings00 Ratings
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User Ratings
ContractWorks, An Onit ProductCorcentric Source-to-Pay Platform
Likelihood to Recommend
9.1
(6 ratings)
5.0
(1 ratings)
Likelihood to Renew
9.1
(1 ratings)
5.0
(1 ratings)
Usability
8.7
(6 ratings)
-
(0 ratings)
Availability
9.1
(1 ratings)
-
(0 ratings)
Performance
9.1
(1 ratings)
-
(0 ratings)
Support Rating
8.9
(6 ratings)
-
(0 ratings)
Product Scalability
9.1
(1 ratings)
-
(0 ratings)
Vendor post-sale
9.1
(1 ratings)
-
(0 ratings)
Vendor pre-sale
9.1
(1 ratings)
-
(0 ratings)
User Testimonials
ContractWorks, An Onit ProductCorcentric Source-to-Pay Platform
Likelihood to Recommend
SecureDocs, An Onit Company
[A] user-friendly platform that allows multiple users to store and organize documents across various departments within the company for easy access. [A] tagging feature is a helpful tool in sending reminders for upcoming renewals, etc.
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Corcentric
It is well suited for applications which has centralized data system. For desperate databases, big performance hit could be unavoidable.Web based Sales solutions which could be easily unplugged from big infrastructure and to be used in field with no need of network connectivity or front office availability would be ideal candidates for CPQ
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Pros
SecureDocs, An Onit Company
  • Managing renewals[.]
  • Managing timed fee increases[.]
  • Easy storing and retrieval of contracts[.]
  • Manage roles to determine who sees what. Very granular.
  • [The] signature process is quite powerful, and because it's integrated comes with management.
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Corcentric
  • Pricing engine is a big plus in CPQ.
  • The flex modeling supported in CPQ increases the model efficiency by eliminating unwanted options
  • Integrating external tools into selectica by exporting out xmls make it easier
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Cons
SecureDocs, An Onit Company
  • Allowing changes to documents midway through approvals/signatures.
  • More sophisticated interface for searching in document text would be nice.
  • Some ability to restart agreements that have been declined by intermediate approvers would be nice also.
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Corcentric
  • Model builder's sluggishness.
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Likelihood to Renew
SecureDocs, An Onit Company
Current Supply Chain users find great value in ContractWorks. We've been able to demonstrate a better, faster, efficient, cost effective way to solve document and data requirements. ContractWorks is gaining greater interest and acceptance across the Enterprise.
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Corcentric
Unless CPQ is available on cloud or available as platform as service, I am less likely to consider it again. The initial cost involved is high and also the time required for that.
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Usability
SecureDocs, An Onit Company
If you can browse [folder-based] software, then you are good to go from the start. [On] more than one occasion I have offered a tour to new users, just to be told: "thank you, I got it this is easy to use". [The search] feature works exactly as expected, [making] your life so much easier.
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Corcentric
No answers on this topic
Reliability and Availability
SecureDocs, An Onit Company
I've never heard that we've had an outage or error and I 'm in ContractWorks days, evenings and weekends.
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Corcentric
No answers on this topic
Performance
SecureDocs, An Onit Company
We haven't integrated ContractWorks with other systems. Otherwise, reasonably sized documents load fairly quickly and reports extract quickly. I work remotely sometimes it takes an extra minute
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Corcentric
No answers on this topic
Support Rating
SecureDocs, An Onit Company
My questions are answered just about immediately, and this is true for all members of my team who have reached out for support. Furthermore, when we have asked about features that do not yet exist, we received detailed commentary from the company and its developers letting us know whether we could realistically expect any of those features to come to be. I am beyond satisfied with support.
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Corcentric
No answers on this topic
Alternatives Considered
SecureDocs, An Onit Company
ContractWorks is the sole software that I have used. Prior to this, I used a spreadsheet and Outlook notifications to manage contract milestones.
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Corcentric
I used Saleslogix.
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Scalability
SecureDocs, An Onit Company
Tasked with finding a cost conscious Contract Management platform, we knew change and acceptance across the Enterprise would come slow. Using ContractWorks means not overspending in initial months with fewer users. As our core group becomes more proficient and we demonstrate/prove ease of use to other departments with scale up use and cost together
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Corcentric
No answers on this topic
Return on Investment
SecureDocs, An Onit Company
  • It has opened up a lot of time that contract managers/administrators wasted.
  • Added efficiencies and the ability to manage contracts remotely.
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Corcentric
  • yes, faster lead conversion as Field sales team rely less on main office
  • reduced sales cycle.
  • Reduced Sales overheads, deal closure can happen at client location.
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ScreenShots

ContractWorks, An Onit Product Screenshots

Screenshot of ContractWorks can be used to create custom "tags" to track important contract information that becomes searchable and reportable.Screenshot of In ContractWorks users can set unlimited notifications on any milestone date and receive email alerts for deadlines, or review alerts on a calendar.Screenshot of With ContractWorks built-in electronic signature feature one can see the status of documents out for signature.Screenshot of ContractWorks can be used to create reports on any data-point.  The reports can be saved, scheduled, exported, and shared.Screenshot of Contracts are dragged and dropped into the system.Screenshot of ContractWorks allows users to create custom "tags" to track important contract information that becomes searchable and reportable.