DocuSign CLM, formerly SpringCM, is a cloud-based platform that can be used to manage documents, contracts and related collateral. The solution includes workflows that can be tailored to an organization's business processes. It is also designed to accelerate team collaboration. SpringCM was acquired by DocuSign in the summer of 2018.
$15
per month
Kira
Score 7.6 out of 10
Enterprise companies (1,001+ employees)
Kira, now from Litera (acquired August, 2021) is software that searches and analyzes contract text. Kira offers pre-built, machine learning models covering due diligence, general commercial, corporate organization, real estate and compliance. Using Kira Quick Study, anyone can train additional models that can identify any desired clause. Kira can be deployed on virtual data rooms and other large repositories of contracts, creating summary analyses.
N/A
Pricing
DocuSign CLM
Litera Kira
Editions & Modules
Personal
$15
per month
Real Estate Starter
$15
per month
DocuSign for Realtors
$35
per user/per month
Standard
$40
per user/per month
Business Pro
$60
per user/per month
Starter
$75
per month
Intermediate
$450
per month
Advanced Solutions
Contact sales team
Real Estate Plus, Broker Edition
Contact sales team
Sandbox Account
Free
Enterprise Offerings
Contact sales team
No answers on this topic
Offerings
Pricing Offerings
DocuSign CLM
Kira
Free Trial
No
Yes
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
Yes
Entry-level Setup Fee
No setup fee
Required
Additional Details
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More Pricing Information
Community Pulse
DocuSign CLM
Litera Kira
Features
DocuSign CLM
Litera Kira
Contract Authoring
Comparison of Contract Authoring features of Product A and Product B
DocuSign CLM
7.5
1 Ratings
7% below category average
Litera Kira
-
Ratings
Contract creation
8.01 Ratings
00 Ratings
Contract templates
8.01 Ratings
00 Ratings
Clause library/saved fields
8.01 Ratings
00 Ratings
Guided logic
6.01 Ratings
00 Ratings
Contract Collaboration
Comparison of Contract Collaboration features of Product A and Product B
DocuSign CLM
7.6
1 Ratings
10% below category average
Litera Kira
-
Ratings
Contract sharing
8.01 Ratings
00 Ratings
Contract editing
8.01 Ratings
00 Ratings
Collaborating on contracts
7.01 Ratings
00 Ratings
Approval process
8.01 Ratings
00 Ratings
Interdepartmental workflows
7.01 Ratings
00 Ratings
Contract Monitoring
Comparison of Contract Monitoring features of Product A and Product B
DocuSign CLM
8.3
1 Ratings
0% above category average
Litera Kira
-
Ratings
Contract database
8.01 Ratings
00 Ratings
Contract search
7.01 Ratings
00 Ratings
Contract milestone reminders & alerts
8.01 Ratings
00 Ratings
Custom contract reports
8.01 Ratings
00 Ratings
Tracking contract status
9.01 Ratings
00 Ratings
Compliance check
10.01 Ratings
00 Ratings
Contract Management
Comparison of Contract Management features of Product A and Product B
DocuSign is useful for collecting electronic signatures on isolated documents and packets that are administered separately or integrated into another system. DocuSign is integrated into our onboarding system, Paylocity, which is where the employee completes all onboarding tasks required for employment. Integrating DocuSign with Paylocity allows us to send documents that require more than one signature along with other onboarding tasks, which makes for a less confusing onboarding experience for the worker. DocuSign also allows us to automatically run E-Verify from the integrated Form I-9 Document, which saves us lots of time onboarding each employee.
Kira is a great due diligence tool and can be well utilised on both large and small transactions. It also has good application if you are looking to compare multiple documents against a model form document or market standard templates. Kira is less useful if you are looking to review emails (e.g. as part of a disclosure exercise); or if your review involves non-Latin based script languages.
When correcting a document, no new email is sent for notification of an update. The clients have to go back to the old document, and it feels uncomfortable for them.
Inability to relabel smart fields to suit the review process means it is hard to align it to particular projects (e.g. it would be useful to relabel the "Assignment" smart field as "Is the contract assignable?")
Not enough non-English smart fields.
Needs the ability to resell user-trained smart fields in a marketplace.
Output is not customizable enough.
Built-in analysis tools are useful but a little basic.
If our firm had more contracts in English, the usability of Kira would be rated higher. However, since we have to train clauses in Portuguese in order to use Kira, it makes its usability lower. We still are not able to fully use Kira for reading contracts in Portuguese. It takes a long time and many associate hours to make Kira usable in other languages.
Customer Support is excellent. The online help portal is probably the best I have ever seen. Great videos with content easily found. The HelpLine is staffed by knowledgeable people. The videos have saved us providing a lot of in-house training, which we would struggle to resource. The account managers really know the product and their law firm clients and share best practices and trends.
DocuSign CLM has a much improved user experience compared to similar products we have used. The streamlining of templates and traceability through the signing process are huge benefits, and better than competitors. The ability to set up designated templates for different use-case scenarios, and roll out efficient documents for signing, is invaluable, as well as other functions like Bulk Send and PowerForms.
Kira offers a lot more out of the box than other providers and is also more flexible around integrations. This, plus the clear pricing structure, is why we went for it instead of (or as well as) others. Diligen, RAVN, Leverton, Della, Seal not in list.
Positive - has helped us track renewals which allows us to get out of "bad" contracts or renew "good" ones.
Negative - we had hoped for it to help us determine which terms and conditions we have agreed to in other contracts. This has made contract review remain a lengthy process.
Positive - We are now able to find all of our contracts which has helped us get out of unnecessary contracts (which positively impacts finances).