Coupa vs. Ironclad

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Coupa
Score 7.9 out of 10
N/A
Coupa’s cloud-native Business Spend Management (BSM) platform provides end-to-end processes that helps drive collaboration across for every business leader from supply chain, procurement, finance, treasury, compliance, and IT and supply chain leaders to help their companies to get the visibility and control they need to spend smarter, mitigate risk, and improve resilience. A unified platform approach frees up IT from complex integrations to help leaders deliver on these goals.
$549
per year
Ironclad
Score 8.0 out of 10
N/A
Ironclad, from the company of the same name in San Francisco, is designed to streamline every part of the contract process—so users can focus on legal work, not paperwork.N/A
Pricing
CoupaIronclad
Editions & Modules
Premium Support
$499+
per year
Verified
$549
per year
Advanced
$4800
per year
Registered
Free
No answers on this topic
Offerings
Pricing Offerings
CoupaIronclad
Free Trial
NoNo
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
CoupaIronclad
Features
CoupaIronclad
Contract Authoring
Comparison of Contract Authoring features of Product A and Product B
Coupa
-
Ratings
Ironclad
6.3
5 Ratings
25% below category average
Contract creation00 Ratings9.04 Ratings
Contract templates00 Ratings9.55 Ratings
Clause library/saved fields00 Ratings3.14 Ratings
Guided logic00 Ratings3.63 Ratings
Contract Collaboration
Comparison of Contract Collaboration features of Product A and Product B
Coupa
-
Ratings
Ironclad
7.9
5 Ratings
3% below category average
Contract sharing00 Ratings8.45 Ratings
Contract editing00 Ratings7.45 Ratings
Collaborating on contracts00 Ratings8.45 Ratings
MS Word plug-in00 Ratings7.44 Ratings
Approval process00 Ratings7.95 Ratings
Interdepartmental workflows00 Ratings7.95 Ratings
Contract Monitoring
Comparison of Contract Monitoring features of Product A and Product B
Coupa
-
Ratings
Ironclad
5.1
5 Ratings
47% below category average
Contract database00 Ratings6.04 Ratings
Contract search00 Ratings7.05 Ratings
Contract milestone reminders & alerts00 Ratings2.64 Ratings
Custom contract reports00 Ratings5.04 Ratings
Tracking contract status00 Ratings4.54 Ratings
Compliance check00 Ratings3.13 Ratings
Contract Management
Comparison of Contract Management features of Product A and Product B
Coupa
-
Ratings
Ironclad
7.6
2 Ratings
4% below category average
Contract Storage00 Ratings9.52 Ratings
Advanced Search and Filtering00 Ratings7.52 Ratings
Customizable Contract Templates00 Ratings8.02 Ratings
Workflow Acceleration00 Ratings9.02 Ratings
E-Signatures00 Ratings9.52 Ratings
Reminders and Alerts00 Ratings5.62 Ratings
Analytics and Reporting00 Ratings5.62 Ratings
Integration with other Systems00 Ratings6.62 Ratings
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User Ratings
CoupaIronclad
Likelihood to Recommend
9.0
(27 ratings)
8.0
(5 ratings)
Likelihood to Renew
10.0
(1 ratings)
-
(0 ratings)
Usability
8.4
(2 ratings)
7.5
(5 ratings)
Support Rating
6.5
(2 ratings)
9.0
(3 ratings)
In-Person Training
3.0
(1 ratings)
-
(0 ratings)
Configurability
5.0
(1 ratings)
-
(0 ratings)
User Testimonials
CoupaIronclad
Likelihood to Recommend
Coupa Software
Suitable: Simple indirect procurement. Low cost; short cycle implementation. Less Suitable: Complex procurement scenario requiring serious vendor collaboration. End-to-end integration. Direct Material Procurement, especially when planning, quality inspection, and other miscellaneous activities are involved, requires handling various special statuses and updates to meet industry- or country-specific requirements.
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Ironclad
I think it worked realllly well at my previous company where we used it for a very simple form that just required one simple signature from both sides- this was a form used to record custom pricing/discounts for a product that typically was not discounted. In my current role, there are many more required fields on the form/contract, and can be multiple levels of approvals on one side, and then possibly multiple levels of approvals/signatures on the other side. I've never used another solution in the exact same way (like DocuSign) to be able to compare experiences, but on Ironclad, understanding where I am in the completion process can be confusing. Within the app, I wish it was more of just a checklist or schedule of what needs to happen, but it's not written out that clearly. Lastly, there is something wrong with our notifications (I'm not sure if this is specific to my company's settings)- I frequently get 'contract completed' or 'contract signed' email notifications even if that hasn't occurred. They seem to correlate with updating the form or refreshing the sync from SFDC.
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Pros
Coupa Software
  • Coupa is easy to use, however, we had to teach our end users about procurement. They are not used to conducting an RFP, onboarding a supplier, or preparing a PO. This is the change management that our employees had to be prepared to understand. The Shelby Group helped us with the implementation.
  • The hardest part was the integration between NetSuite and Coupa. We wanted to have a dynamic tight integration between the two solutions. If we adjusted the chart of accounts or added a new supplier we wanted it to be able to done in both systems and be available immediately in both systems. We used a partner called SuiteSkies to accomplish this dynamic integration.
  • We’ve been able to manage the implementation and maintenance with a very lean IT group.
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Ironclad
  • Keep track of legal documents versions
  • Approve legal workflows
  • Forward email threads to the legal workflow
Read full review
Cons
Coupa Software
  • Support Team - A little slow in responding. I think the tool is so configurable that they struggle with figuring out what is causing certain issues that are being submitted on the portal.
  • I'd love for the Sourcing Module to be able to support larger events. There seems to be a limit on the number of lines each event can support and as a growing retailer, our store count dictates we have room to grow and that each store is represented in the bid process.
  • Would like to see the ability to issue multiple POs for a single item to multiple locations. The tool may do this but I know I can't and it may be due to how we interface with our ERP.
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Ironclad
  • Contract link feature in the case of amendment/addendum.
  • Auto document retention feature (expiration and deletion).
Read full review
Likelihood to Renew
Coupa Software
I love using coupa but i'm not the decision maker in this regard.
Read full review
Ironclad
No answers on this topic
Usability
Coupa Software
-Could be easy or hard to use depending on corporate policies and compliance. At times, errors and cryptical message associated with them could drive users mad.
Read full review
Ironclad
Ironclad is the best tool I have used to date, to manage workflow and tickets. It was very easy to use and navigate from the very first time I used it. My time is very valuable and I don't have time to sit in training sessions, simply to use a new product. I'm happy to say that I was never formally trained on Ironclad as it simply wasn't necessary.
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Support Rating
Coupa Software
-Support is generally speaking OK (not great). The user community is quite active, and the response time is acceptable. I would certainly hope there's more user-generated content (like in SAP, Oracle, and Linux, etc.), but I suppose Coupa is still not large enough, and the incentives are not yet there.
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Ironclad
I haven't used the support services for IronClad, but I understand from our legal team, the support is very good, they have replied and provide solutions quickly and effectively. I have used the documentation and support pages which are very complete and which have been updated given the user interface updates.
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In-Person Training
Coupa Software
The employee that trained me was not particularly interesting in teaching me but they were not a Coupa employee.
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Ironclad
No answers on this topic
Alternatives Considered
Coupa Software
Concur was a lot easier and more user friendly for employees doing expense reports on their phone. That is not the case with Coupa. You must use your laptop to do expenses and our managers don't always have enough time to do that while out in the field working. This has caused some issues.
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Ironclad
Miles ahead of LinkSquares
Read full review
Return on Investment
Coupa Software
  • It has allowed for proper processing of expenses tied directly to the proper LOB and GL Codes
  • Has taken the guesswork away and allowed for the proper budgets to be hit and reconciled
  • Ease of use has led to mass adoption and more prompt processing of expenses
Read full review
Ironclad
  • At Gusto, where we operated on no contracts for many years, Ironclad allowed us to create a very simple process for getting approval for, and keeping records of, customized pricing on our new, high-end plan.
  • Wasn't part of the buying committee, but in my current role it's been heavily utilized externally for customer contracts, but also internally for employee agreements.
  • I don't have any actual numbers, and don't have a way to compare it to any prior e-signature setup.
Read full review
ScreenShots

Coupa Screenshots

Screenshot of Transform your company’s supply chain planning from running one-off projects to a consistent and repeatable process.Screenshot of Efficiently capture data for apples-to-apples comparisons of suppliers across business requirements, risk factors, ESG, and costs to find the best solution.Screenshot of Understand supplier relationships, ensure that the right mitigation is in place, and onboard suppliers. Use trusted data services, Community.ai, and performance feedback to spot risk and optimize relationships over time.Screenshot of Bring the results of sourcing events and risk vetting together to quickly formalize agreements without costly omissions or delays.Screenshot of Give users an easy experience for all types of goods, services, and contingent worker needs while bubbling up ESG and other favored suppliers. Streamline budget checks and approvals simple emails to get move spend pre-approved, on-contract, and under control.Screenshot of Give suppliers a variety of options for submitting e-invoices — all without fees and in compliance with VAT and global regulations. Boost supplier adoption of e-invoicing by giving visibility into status of invoice approval and digital payments.