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Concord has proven to be a valuable tool for streamlining the creation of candidate offer letters, NDAs, and other legal documents, …
Starting at $17 per user / month
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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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Popular Features
- Contract creation (6)9.797%
- Contract sharing (6)9.494%
- Contract editing (6)8.484%
- Contract templates (6)8.080%
Pricing
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
Product Demos
Concord Product Demo
YouTube
Concord CLM Full Demo 2019
YouTube
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McCrank Manderson Rattray Raemers eS demo Concord skatepark
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Concord Contract Management Full Demo
YouTube
Features
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Product Details
- About
- Integrations
- Competitors
- Tech Details
- Downloadables
- FAQs
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
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
- Google Drive
- Dropbox
- DocuSign
- Salesforce
- SSO
- Google Apps
Concord Competitors
Concord Technical Details
| Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Unspecified |
| Mobile Application | No |
| Supported Countries | Customers in more than 130 countries |
| Supported Languages | English, French |
Concord Downloadables
- A how-to guide to buying contract management solutions.
- An evaluation toolkit including hands-on worksheets for questions to ask, building your business case, and a total cost of ownership worksheet to help you get the best solution for your needs.
- An ROI Calculator provides estimates based of expert data for savings and additional revenue generated by implementing a contract management solution.
Frequently Asked Questions
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 Small Businesses (1-50 employees).
Concord Customer Size Distribution
| Consumers | 10% |
|---|---|
| Small Businesses (1-50 employees) | 30% |
| Mid-Size Companies (51-500 employees) | 50% |
| Enterprises (more than 500 employees) | 10% |
Comparisons
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Reviews and Ratings
(15)
Community Insights
TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!
- Business Problems Solved
- Recommendations
Concord has proven to be a valuable tool for streamlining the creation of candidate offer letters, NDAs, and other legal documents, resulting in significant time savings for teams. Users have praised its ability to serve as both a contract management system and repository, accessible by the legal department as well as other departments within the company. With easy-to-understand summary reporting, Concord effectively manages corporate contracts and ensures important deadlines such as effective and termination dates are not missed. The software is also widely utilized for Statement of Work templates and e-signature processes, offering online document collaboration, unlimited e-signatures, secure repository, and alerts. Prior to implementing Concord, organizations often struggled with manual contract lifecycle management. However, with its automated template creation, multi-entity support, and automated reporting/notification features, the product fulfills their core needs seamlessly. From eliminating the need for printing, signing, and scanning monthly documents to ensuring automatic renewals are not missed, Concord has been instrumental in improving overall contracting processes while resulting in cost savings for organizations. Its ease of use has made it a go-to solution across departments for managing contracting needs efficiently and effectively, ultimately reducing the time and personnel required to track contracts.
Users have provided several recommendations based on their experience with Concord. They suggest trying out Concord as it is easy to use and efficient, making day-to-day operations smoother. Users also recommend creating a wishlist of manual contract management processes and discussing them with Concord for potential solutions. They advise having conversations with people other than the sales team and reading reviews before making a decision. Another important recommendation is to pay attention to organization and tagging. Users suggest organizing and naming contracts in a Google folder before importing them into Concord. They emphasize the need for a well thought out tagging process and some even suggest hiring a project manager for document facilitation. Overall, users find Concord suitable for their contract management needs, particularly for quick and efficient contract template creation, editing, and signing. However, they mention that certain important configurations are missing and that there is room for improvement in contract negotiation and execution. Nonetheless, users highly recommend taking advantage of the free trial, responsive support during the trial period, and reaching out to Concord for a seamless transition process.
Attribute Ratings
Reviews
(1-6 of 6)Companies can't remove reviews or game the system. Here's why
February 12, 2021
Concord makes it all easy!
- Organization of documents via tags and folders which drive access and allows us to manage documents securely.
- Incorporation of a clause library and automated template features to draft many contracts with just a few clicks of a button!
- Easy to use automated workflow for vetting your important documents and ensuring the right people have reviewed, approved, and signed your agreements. We can now set the order of signatures as well!
- Summary fields for important data points and Discussion tab for reviewers to post comments so all the context and commentary around the document can be seen in one place (with internal vs public settings so third parties are unable to view internal comments during the review process if you don't want them to).
- Special fields that allow you to set due dates or reminders which push notifications to you via email, such as upcoming termination notices, end dates, or financial clauses for payments due.
- It's great that third party documents can be uploaded into Concord as either a word doc or PDF; however, Concord does not yet provide users with the ability to insert comments onto a PDF version of a document.
- Concord has implemented the use of Smart Fields that are fields within your template (created by your agency) that auto-populate fields on your summary tab to save time in identifying and highlighting important pieces of data. Unfortunately, for agencies who receive a lot of third party payer agreements, these fields can not be used.
February 08, 2021
What a game changer!
- User friendly
- Stores templates
- Clear process flow
- Make it easier to find the templates from any page
- Improve the search function--it's sometimes difficult to find specific documents when searching
- Change back to "limited editor" and "no editing rights" when sharing documents; the new term of "viewer" makes it seem like nothing can be edited at all
February 05, 2021
CMS Made Easy
- Templates are easy to create and utilize.
- Concord has its internal e-signature tool.
- Concord can group by template, active, in progress, etc. and color codes the same.
- The editing tool is not super user friendly.
- The emails from Concord often get whitelisted at customers' email sites.
February 27, 2019
Ease of Use for Prior Contract Management System Administrators
- Weekly streamlined summary reporting.
- Ease of use inbox items.
- Ease of use administrator settings.
- Ease of use for other users.
- Minimal training required.
- Easy on-boarding and implementation.
- At your fingers 24/7 assistance.
- Easy to understand application.
- Summary should be default screen, not discussion.
- Tagging should be kept as simple as possible.
- Templates could be expounded upon.
February 15, 2019
Great for SMB
- 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.
- 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".
November 28, 2018
Great Basic Contracting Tool
- e-signatures (with notifications).
- Templates (upload, create, change).
- Secure storage.
- For what we use, we do not see any areas that are in need of improvement.