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Concord

Concord

Starting at $17 per user / month
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Overview

What is Concord?

Concord is a way to create, collaborate on, sign, and store agreements; designed to be the only tool needed for contracts, so users can spend less time juggling between applications, editors, and e-signature tools.The vendor states over 500,000+ companies use…

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Pricing

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Standard

$17

Cloud
per user / month

Pro

$34

Cloud
per user / month

Free

Free

Cloud

Entry-level set up fee?

  • No setup fee
For the latest information on pricing, visithttps://www.concordnow.com/pricing

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services
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Product Demos

Concord Product Demo

YouTube

Concord CLM Full Demo 2019

YouTube

Ibanez Concord Model 693 (eBay demo)

YouTube

BuggyBaby | Concord Transformer XT Car Seat Installation Demo

YouTube

McCrank Manderson Rattray Raemers eS demo Concord skatepark

YouTube

Concord Contract Management Full Demo

YouTube
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Features

Contract Authoring

Features related to the contract authoring process.

8.7
Avg 8.0

Contract Collaboration

Features related to collaborating on contracts.

9.1
Avg 8.4

Contract Monitoring

Features that enable users to monitor the status of contracts.

9
Avg 8.3
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Product Details

What is Concord?

Concord is a way to create, collaborate on, sign, and store agreements; designed to be the only tool needed for contracts, so users can spend less time juggling between applications, editors, and e-signature tools.

The vendor states over 500,000+ companies use Concord with their contracts. With Concord, users can:

  • Draft, negotiate, sign, and manage every contract across an organization — all in one place

  • Work on Concord, Word, or Google Docs

  • Collaborate with teams, customers, and vendors

Key features that Concord offers

  • Conditional approval workflows so that every contract is reviewed by the right person (and only that person)

  • Private comments and versioning for more effective contract negotiations

  • Clause library for all pre-approved clauses, to add to contracts as-needed

  • Templates to streamline the contract drafting process

Concord Features

Contract Authoring Features

  • Supported: Contract creation
  • Supported: Contract templates
  • Supported: Clause library/saved fields
  • Supported: Integration to CPQ
  • Supported: Contract attachments

Contract Collaboration Features

  • Supported: Contract sharing
  • Supported: Contract editing
  • Supported: Contract merge
  • Supported: Collaborating on contracts
  • Supported: MS Word plug-in
  • Supported: Approval process
  • Supported: Parallel approvals
  • Supported: Interdepartmental workflows

Contract Monitoring Features

  • Supported: Contract database
  • Supported: Contract search
  • Supported: Contract milestone reminders & alerts
  • Supported: Custom contract reports
  • Supported: Tracking contract status
  • Supported: Salesforce integration

Additional Features

  • Supported: E-Signature - legally binding
  • Supported: Collaboration tools - discuss contracts online without emailing back and forth ·
  • Supported: Contract management - receive deadline alerts and more
  • Supported: Drafting - templates and automated templates, online document editing with track changes, and attachments
  • Supported: Approval and Negotiation - online document editing, automated version control, and discussion with colleagues and third-parties
  • Supported: Execution - summary sheet, audit trail, and deadline alerts
  • Supported: Optimize - clause comparison between contracts, data export
  • Supported: Public and Private Version - collaborate internally with only your team, then publish your changes without risk

Concord Screenshots

Screenshot of Using approval workflows decreases contract cycle times while guaranteeing correct signatures are secured, further driving compliance and protecting against risks.Screenshot of Advanced reporting empowers greater insights into the data in your contracts.Screenshot of The Concord Inbox with a global search and advanced filtering makes organizing and finding documents easy, and streamlines completing contract-related tasks.Screenshot of Using approval workflows decreases contract cycle times while guaranteeing correct signatures are secured, further driving compliance and protecting against risks.Screenshot of Online editing and redlining and a summary sheet with a discussion panel keep all conversations and changes tracked. A Word integration allows offline edits to also be tracked.Screenshot of Enable fully executed contracts with legally admissible e-signatures — at no additional cost.Screenshot of Concord is the only tool you need for all your contracts. Spend less time juggling between applications and streamline your processes.

Concord Video

Get started with Concord: https://www.concordnow.com An overview Concord, including the inbox, workflows, in-platform, negotiation, e-signature, and lifecycle management.

Concord Integrations

Concord Competitors

Concord Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsUnspecified
Mobile ApplicationNo
Supported CountriesCustomers in more than 130 countries
Supported LanguagesEnglish, French

Frequently Asked Questions

DocuSign CLM, Icertis, and Ironclad are common alternatives for Concord.

Reviewers rate Contract creation and Approval process and Interdepartmental workflows highest, with a score of 9.7.

The most common users of Concord are from Mid-sized Companies (51-1,000 employees).

Concord Customer Size Distribution

Consumers10%
Small Businesses (1-50 employees)30%
Mid-Size Companies (51-500 employees)50%
Enterprises (more than 500 employees)10%
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Comparisons

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Reviews and Ratings

(16)

Reviews

(1-1 of 1)

Great for SMB

Rating: 9 out of 10
February 15, 2019
JW
Vetted Review
Verified User
Concord
1 year of experience

Previous to our implementation of Concord we did not have a CLM in place. We knew we didn't have incredibly big asks and we wanted to focus on finding a product that fit our core needs. Our core needs being: automated template creation, multi-entity support, and automated reporting/notification of upcoming events (i.e. notice of non-renewal deadlines, tactic agreement renewals, etc.).

Due to having contractors globally, we have a fair number of documents to send to each IC on a monthly basis. In the past, we were printing, signing and scanning back the documents. This process took hours every month and was an inefficient use of our team's time. We also wanted to make sure that we didn't miss an automatic renewal, which is what originally forced the conversation to start about implementing a CLM. Had we not missed the one automatic renewal that we didn't intend to renew, we would have saved nearly our entire first year's cost of Concord. Then again, maybe without having it automatically renew, we wouldn't have found Concord. There's always a silver lining.

  • Automated templates are incredibly easy to implement. Concord also does, for the most part, very well at keeping formatting when uploading documents in Word. The only downside is if you use formulas (naming convention for contracts), if you do not copy + paste as values before uploading then it will give the contract the name of the formula.
Cons
  • User management has been and still is, a pain point for us. We operate over a dozen entities and for the most part, anyone with access to Concord on our team has the same permissions across all entities. We must manage users one-by-one so onboarding + offboarding can be tedious.
  • The analytics are basic. I wish we could slice and dice and say "Show me only contracts tagged with X tag".
Suitable:
- Simple contract management, especially bulk contract management.
Less Appropriate:
- Larger entities. Though, based on their price + features, I don't think they're focusing on the > 500 employee organizations.
Contract Authoring (2)
90%
9.0
Contract creation
80%
8.0
Contract templates
100%
10.0
Contract Collaboration (5)
48%
4.8
Contract sharing
80%
8.0
Contract editing
80%
8.0
Collaborating on contracts
80%
8.0
Approval process
N/A
N/A
Interdepartmental workflows
N/A
N/A
Contract Monitoring (5)
62%
6.2
Contract database
90%
9.0
Contract search
80%
8.0
Contract milestone reminders & alerts
80%
8.0
Tracking contract status
60%
6.0
Compliance check
N/A
N/A
Contract Management
N/A
N/A
  • Since our implementation, I am saving a few hours a month in managing our IC contracts.
  • When people have questions about contracts, now it's clear "Hey, look in Concord" versus "Hey, does John or Sally have this contract?".
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