What users are saying about
6 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener'>trScore algorithm: Learn more.</a>Score 9.3 out of 100
Based on 6 reviews and ratings
12 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener'>trScore algorithm: Learn more.</a>Score 8.7 out of 100
Based on 12 reviews and ratings
Feature Set Ratings
Contract Monitoring
8.3
ContractZen
83%
DealRoom
Feature Set Not Supported
N/A
ContractZen ranks higher in 4/4 features
ContractZen ranks higher in 4/4 features
Contract database
9.7
97%
3 Ratings
N/A
0 Ratings
Contract search
9.3
93%
3 Ratings
N/A
0 Ratings
Contract milestone reminders & alerts
9.0
90%
3 Ratings
N/A
0 Ratings
Custom contract reports
5.3
53%
3 Ratings
N/A
0 Ratings
Attribute Ratings
- ContractZen is rated higher in 3 areas: Likelihood to Recommend, Usability, Support Rating
- ContractZen and DealRoom are tied in 1 area: Likelihood to Renew
Likelihood to Recommend
9.3
ContractZen
93%
5 Ratings
8.7
DealRoom
87%
11 Ratings
Likelihood to Renew
9.1
ContractZen
91%
1 Rating
9.1
DealRoom
91%
1 Rating
Usability
9.7
ContractZen
97%
4 Ratings
9.1
DealRoom
91%
1 Rating
Support Rating
9.3
ContractZen
93%
5 Ratings
9.1
DealRoom
91%
2 Ratings
Implementation Rating
9.1
ContractZen
91%
2 Ratings
DealRoom
N/A
0 Ratings
Likelihood to Recommend
ContractZen
ContractZen is perfect for small and medium business where the use case is to manage contracts, get alerts, and track details about contract. ContractZen has other features such as meeting management, eSignatures etc. We focus primarily on contract management and are pleased with it. ContractZen has a lot of competition and many competitors have a full contract lifecycle, which is desirable in large companies.ContractZen does not have a full contract lifecycle process. Full contract lifecycle will have request for comments/proposals, NDA, quotes, implementation proposals etc. go through multiple people, multiple layers of approval etc. and different triggers in the contract would generate different tasks for staff to manage the contract till the contract expires. Large and complex companies have needs that ContractZen may not be suitable for

Verified User
C-Level Executive in Corporate
Insurance Company, 51-200 employeesDealRoom
Well suited for projects where a large number of files need to be securely exchanged with clients. Not very suitable if the engagement does not involve heavy data exchange. We have used it in multiple M&A and due diligence projects and it works like a charm. I strongly recommend DealRoom

Verified User
Consultant in Information Technology
Venture Capital & Private Equity Company, 10,001+ employeesPros
ContractZen
- The easy storage of contracts is important. Easier than a shared hard drive folder or a jointly administered Excel sheet, both of which we tried to use in the past.
- The alerts of key contract dates is crucial. Knowing what needs to be terminated or at least considered has saved us money.
- Simple signing of contracts electronically has saved us money in getting from an agreed to contract to a signed one in minutes.
CEO (Chief Executive Officer)
Codento OyComputer Software, 11-50 employees
DealRoom
- Fixed cost pricing is unique and refreshing. Saves headache and worry throughout the process and with the client.
- Internal Diligence Tracking through the requests feature is a game-changer. Prevents inefficient excel trackers and unnecessary emails throughout the process.
- GUI and interface are clean and easy to use.
- Customer support and response to inquires is timely and helpful.

Verified User
Analyst in Finance and Accounting
Financial Services Company, 1001-5000 employeesCons
ContractZen
- I would like one view of entire client history.
- It would be nice to put the client information in once and then simply add on contract extensions in the same folder.
Principal
TriadvocatesGovernment Relations, 1-10 employees
DealRoom
- DealRoom doesn't currently have an option for automatic weekly user analytics. I hope to see this feature implemented soon.
- The software is easy to use, as mentioned before, however, utilizing the setting buttons for folder structures can be difficult to understand at first.
Intern
AIR Asset ManagementFinancial Services, 1-10 employees
Pricing Details
ContractZen
General
Free Trial
Yes
Free/Freemium Version
—Premium Consulting/Integration Services
—Entry-level set up fee?
No
Starting Price
$9.5 per month per user
ContractZen Editions & Modules
Edition
ContractZen | 9.501 |
---|
- per month per user
Additional Pricing Details
—DealRoom
General
Free Trial
Yes
Free/Freemium Version
—Premium Consulting/Integration Services
—Entry-level set up fee?
No
Starting Price
$0
DealRoom Editions & Modules
Edition
Basic | $1000.001 |
---|---|
Professional | $2000.001 |
Enterprise | Contact sales team |
- per month
- none
Additional Pricing Details
We have additional pricing available. Teams can also pay a one-time flat rate. All pricing plans include unlimited users, unlimited data, and no overage fees.Likelihood to Renew
ContractZen
ContractZen 9.1
Based on 1 answer
The inexpensive ContractZen saves time and money and is a joy to use
CEO (Chief Executive Officer)
Codento OyComputer Software, 11-50 employees
DealRoom
DealRoom 9.1
Based on 1 answer
DealRoom is very easy to use and has a clear interface and all the features we needed.

Verified User
Account Manager in Corporate
Information Technology and Services Company, 11-50 employeesUsability
ContractZen
ContractZen 9.7
Based on 4 answers
Very user friendly

Verified User
Professional in Information Technology
Retail Company, 501-1000 employeesDealRoom
DealRoom 9.1
Based on 1 answer
It was the most intuitive data room platform that i used in my work

Verified User
Account Manager in Corporate
Information Technology and Services Company, 11-50 employeesSupport Rating
ContractZen
ContractZen 9.3
Based on 5 answers
The best part about ContractZen is that I needed no support. I had a couple questions in the last 2 years which were answered accurately within hours. Everything has worked as expected.

Verified User
C-Level Executive in Corporate
Insurance Company, 51-200 employeesDealRoom
DealRoom 9.1
Based on 2 answers
Support is very friendly and answers fast.

Verified User
Account Manager in Corporate
Information Technology and Services Company, 11-50 employeesImplementation Rating
ContractZen
ContractZen 9.1
Based on 2 answers
The capture of the new contracts is more important than the old contracts, somewhat counterintuitively. Once you start saving time using the electronic signing and retrieval, adding old material is easier. Old material additions fit our annual schedule as we've done them during periods of less administrative work.
CEO (Chief Executive Officer)
Codento OyComputer Software, 11-50 employees
DealRoom
No score
No answers yet
No answers on this topic
Alternatives Considered
ContractZen
ContractZen is true value for the money and far more simpler than more advanced systems
LähiTapiolaInvestment Management, 1-10 employees
DealRoom
DealRoom provides a superior product. We select DealRoom for most of our engagements mostly due to the advanced Due Diligence capabilities that it provides. However, the ease of use, speed, and simplicity of the product are also factors that inspire us to choose DealRoom as our "go-to" provider.

Verified User
Analyst in Professional Services
Financial Services Company, 1001-5000 employeesReturn on Investment
ContractZen
- Easier to manage contracts.
- More contracts are being renewed on a timely basis.
Principal
TriadvocatesGovernment Relations, 1-10 employees
DealRoom
- It helped us manage documents and share info between our firm and the potential investors and clients. And also helped to manage internal processes and keep an eye on everything in the company.

Verified User
Account Manager in Corporate
Information Technology and Services Company, 11-50 employees