ContractZen vs. M‑Files

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
ContractZen
Score 9.4 out of 10
N/A
Secure corporate governance software for advanced contract management, board management, entity management, eSignatures, and virtual data rooms (VDR). Saved and discoverable contracts with automatic reminders Securely shared meeting materials and electronically signed minutes Visualized organizational structure with ownership chart and signatory rights Automatically organized files and easily managed access rights in due…
$9.50
per month per user
M‑Files
Score 9.1 out of 10
N/A
M-Files is a platform for knowledge work automation, that helps knowledge workers to find information faster. M-Files features a metadata-driven architecture, embedded workflow engine, and advanced artificial intelligence. This helps customers to eliminate information chaos, improve process efficiency, and automate security and compliance. The vendor's value proposition: EASE OF USE: M-Files increases productivity and improves work quality by making…N/A
Pricing
ContractZenM‑Files
Editions & Modules
ContractZen
$9.50
per month per user
No answers on this topic
Offerings
Pricing Offerings
ContractZenM‑Files
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Features
ContractZenM‑Files
Contract Monitoring
Comparison of Contract Monitoring features of Product A and Product B
ContractZen
8.3
3 Ratings
2% below category average
M‑Files
-
Ratings
Contract database9.73 Ratings00 Ratings
Contract search9.43 Ratings00 Ratings
Contract milestone reminders & alerts9.03 Ratings00 Ratings
Custom contract reports5.33 Ratings00 Ratings
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ContractZenM‑Files
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User Ratings
ContractZenM‑Files
Likelihood to Recommend
9.4
(5 ratings)
9.8
(68 ratings)
Likelihood to Renew
9.1
(1 ratings)
9.9
(15 ratings)
Usability
9.7
(4 ratings)
8.2
(12 ratings)
Availability
-
(0 ratings)
9.1
(3 ratings)
Performance
-
(0 ratings)
9.1
(2 ratings)
Support Rating
9.3
(4 ratings)
8.0
(11 ratings)
Online Training
-
(0 ratings)
9.1
(2 ratings)
Implementation Rating
9.1
(1 ratings)
8.2
(8 ratings)
Configurability
-
(0 ratings)
9.6
(2 ratings)
Product Scalability
-
(0 ratings)
10.0
(1 ratings)
Vendor post-sale
-
(0 ratings)
7.0
(3 ratings)
Vendor pre-sale
-
(0 ratings)
7.0
(3 ratings)
User Testimonials
ContractZenM‑Files
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
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M‑Files
M‑Files is great for companies with multiple locations. Drive letters can become cumbersome to use and collaborate with colleagues and M‑Files fills that gap. The check out/check in system is great and allows only one editor at a time. This can be good and bad depending on the situation.
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Pros
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.
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M‑Files
  • Reliable: Our M-Files system has only gone down one time (for a very short period of time) at the beginning of the two years that we have been with M-Files. Our previous vendor's system had so many downtimes that our IT Department had to assign an associate to work with me for sending out notifications to associates etc. With our last vendor, one day I came to work and only 60 of the 260 consent for surgery forms were available to our end users although they were visible to me as the Administrator but weren't showing up for the end-users!
  • Our M-Files system was created for us. It was created by working with developers to only have on our system what we required, and I must say, there were so many extra features that M-Files offered in our program that weren't available with our previous vendor. As mentioned previously, we can have two policies or forms visible to the end-user so one can be listed as "draft" or "training only" so our end users can read and use for training as we get ready to roll out a new medical record system. I can also preload policies and leave them in the working stage until they are approved and go back and publish them the day they are approved. The list goes on with so many great features.
  • Our end users would say the greatest asset of this product is the search function. It's amazing how fast it is. There are many ways to search out a form or policy which makes it a true asset for our associates.
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Cons
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.
Read full review
M‑Files
  • If you are new to Electronic Document Management, this can be a really difficult product to roll out. Since it is infinitely versatile, there are infinite ways to configure it wrong. I highly recommend the M-Files admin training offered by M-Files as it will set you in the right direction.
  • Many options are paid add-ons. So while you are not paying for what you don't need, many great features will come at a cost.
  • If you don't have a technical person on staff, this will be tricky to maintain. Not impossible. If your processes do not change, once setup it will be fine.
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Likelihood to Renew
ContractZen
The inexpensive ContractZen saves time and money and is a joy to use
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M‑Files
M-files meets our almost all needs, we dont have other option to replace m-files. it saves lots, like Hardware because of Vault Feature means we can create many vaults (mini-servers) in m-files in other solutions we need more hardware for more installations.
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Usability
ContractZen
Very user friendly
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M‑Files
It is a powerful system that can locate content fast and effectively. The system takes quite some time to setup initially. It can be hard for M-Files support to know how businesses operate and how they want to use the system in a way that works for them. The customization makes it great for companies to cater to their own needs. Once the system is set up in a way that makes sense for the business, the user experience is positive. There is room for improvement in the notifications, workflow, and support areas.
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Reliability and Availability
ContractZen
No answers on this topic
M‑Files
always there.
Read full review
Performance
ContractZen
No answers on this topic
M‑Files
I noticed some lagging with the integration with Microsoft Office but not so much that I would not use it. It has gotten better with updates. to be fair the issues were when Office 2013 first came out.
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Support Rating
ContractZen
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.
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M‑Files
Usually when I need help from them I got support and it was very good and focused to solve my problem. I didn't have so many problems, but when used it worked. I just would like to have a support in my native language, but I can understand that sometimes is hard for the companies.
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In-Person Training
ContractZen
No answers on this topic
M‑Files
We had online conference call training with a recording to use later as needed
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Online Training
ContractZen
No answers on this topic
M‑Files
They answer all questions and record your training for later use.
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Implementation Rating
ContractZen
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.
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M‑Files
The key insight is that the most important thing is to have a open mind. The application is easy to use, but if you have a company with different views and it is not aligned could be a huge problem. So the company transformation is required together with the application. Ensure to use as much as possible the capabilities of the application helps to have best ROI.
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Alternatives Considered
ContractZen
ContractZen is true value for the money and far more simpler than more advanced systems
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M‑Files
The customization ability seemed to be a level above and easy to navigate and available options are constantly being reinvented. We have used OnBase for years and now desire to move away from this option for a number of reasons.
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Scalability
ContractZen
No answers on this topic
M‑Files
do so much more than we need but has all the stuff we do need.
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Return on Investment
ContractZen
  • Easier to manage contracts.
  • More contracts are being renewed on a timely basis.
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M‑Files
  • M-Files allows us to track important milestones and expiration dates. We are now able to easily track revisions to contracts with community partners and record comments and history in one place.
  • We are able to track all contracts that come through our District and to create monthly reports to present to our Board.
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ScreenShots

ContractZen Screenshots

Screenshot of Screenshot of Screenshot of Screenshot of Screenshot of Screenshot of

M‑Files Screenshots

Screenshot of M-Files - SearchScreenshot of M-Files - Profile openScreenshot of M-Files - PermissionsScreenshot of M-Files - Process mapsScreenshot of M-Files - Pinned items