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ContractWorks, An Onit Product

ContractWorks, An Onit Product

Overview

What is ContractWorks, An Onit Product?

ContractWorks aims to make executing, storing, and tracking corporate agreements easier and more accessible to businesses and teams of all sizes, by providing what they describe as a quick implementation, an easy-to-use interface, and pricing starting at $700/month for unlimited…

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Recent Reviews

TrustRadius Insights

ContractWorks is widely used across multiple departments as a contract management software to track contracts and their requirements, …
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Efficient, user-friendly platform

10 out of 10
December 10, 2021
Our company uses ContractWorks as our contract database. It is extremely user-friendly and allows for easy access and organization across …
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Read all reviews

Awards

Products that are considered exceptional by their customers based on a variety of criteria win TrustRadius awards. Learn more about the types of TrustRadius awards to make the best purchase decision. More about TrustRadius Awards

Popular Features

View all 6 features
  • Contract database (6)
    8.9
    89%
  • Contract search (6)
    8.9
    89%
  • Contract milestone reminders & alerts (6)
    8.6
    86%
  • Custom contract reports (5)
    7.8
    78%
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Pricing

View all pricing

Standard

$700/month

Cloud
Unlimited users, 2500 documents, 5 e-sign licenses

Professional

$900/month

Cloud
Unlimited users, 10,000 documents, 10 e-sign licenses

Premium

$2000/month

Cloud
Unlimited users, unlimited documents, 20 e-sign licenses

Entry-level set up fee?

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

Offerings

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

Starting price (does not include set up fee)

  • $700 per month Billed Annually
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Features

Contract Collaboration

Features related to collaborating on contracts.

8
Avg 8.4

Contract Monitoring

Features that enable users to monitor the status of contracts.

8.6
Avg 8.5
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Product Details

What is ContractWorks, An Onit Product?

ContractWorks aims to make executing, storing, and tracking corporate agreements easier and more accessible to businesses and teams of all sizes, by providing what they describe as a quick implementation, an easy-to-use interface, and pricing starting at $700/month for unlimited users. In addition to features needed to manage agreements, users get a team of support professionals to help get the most out of their contract portfolio.
  • Smart Document Tagging & Customizable Reporting - proprietary artificial intelligence automatically tags agreement type, parties, effective date, termination date, initial term, renewal term, and termination notice window, so you can quickly run reports to understand the contents of a contract portfolio
  • Alerts & Notifications - avoid missed renewals and expiration dates
  • Low, Transparent Pricing - unlimited users and support with all accounts
  • Built-In Electronic Signature - standard with all accounts, no cumbersome API

ContractWorks, An Onit Product Features

Contract Authoring Features

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

Contract Collaboration Features

  • Supported: Contract sharing
  • Supported: Contract editing
  • Supported: Collaborating on contracts
  • Supported: Approval process

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: Built-In Electronic Signature
  • Supported: Artificial Intelligence
  • Supported: AnySign Link Signing

ContractWorks, An Onit Product Screenshots

Screenshot of ContractWorks can be used to create custom "tags" to track important contract information that becomes searchable and reportable.Screenshot of In ContractWorks users can set unlimited notifications on any milestone date and receive email alerts for deadlines, or review alerts on a calendar.Screenshot of With ContractWorks built-in electronic signature feature one can see the status of documents out for signature.Screenshot of ContractWorks can be used to create reports on any data-point.  The reports can be saved, scheduled, exported, and shared.Screenshot of Contracts are dragged and dropped into the system.Screenshot of ContractWorks allows users to create custom "tags" to track important contract information that becomes searchable and reportable.Screenshot of ContractWorks offers a secure, central repository.

ContractWorks, An Onit Product Video

ContractWorks, An Onit Product Integrations

ContractWorks, An Onit Product Competitors

ContractWorks, An Onit Product Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsUnspecified
Mobile ApplicationNo
Supported Languagesenglish

Frequently Asked Questions

ContractWorks, An Onit Product starts at $700.

CobbleStone Contract Insight®, DocuSign CLM, and Conga CPQ are common alternatives for ContractWorks, An Onit Product.

Reviewers rate Contract database and Contract search highest, with a score of 8.9.

The most common users of ContractWorks, An Onit Product are from Mid-sized Companies (51-1,000 employees).
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Comparisons

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Reviews and Ratings

(9)

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!

ContractWorks is widely used across multiple departments as a contract management software to track contracts and their requirements, alongside electronic document signing. The software has proven itself to be an efficient solution for organizations, serving as a centralized repository for all service contracts and enabling easy access and management. With its implementation across various departments, ContractWorks has successfully captured 95% of agreements, resulting in improved management efficiency. Users have found ContractWorks invaluable for archiving executed agreements and supporting documentation, including employment contracts.

For administrative offices in healthcare organizations, ContractWorks has streamlined the management of executed documents, simplifying archive management and enabling text-based search. It has revolutionized the contract review process by allowing for paperless reviews on any device. Across different departments within companies, ContractWorks acts as a contract database that ensures easy access and organization of contracts. Moreover, it centralizes and increases visibility on supplier contracts, making it effortless to track multiple services provided by a single supplier.

One of the standout features of ContractWorks is its tagging templates, which enable users to create alerts for term and language updates. Additionally, users can run reports for specific terms and conditions, enhancing tracking capabilities. Overall, ContractWorks offers a range of practical use cases that cater to the diverse needs of organizations seeking efficient contract management solutions.

Powerful E-sign Feature: Users have consistently praised the product's powerful e-sign feature, which they find to be highly effective and seamlessly integrated with the management system. Many reviewers have mentioned that it has significantly improved their document signing process.

User-Friendly Interface: Numerous reviewers have expressed their satisfaction with the user-friendly and intuitive interface of the product. They appreciate how easy it is to navigate and use, making it effortless to teach others. The intuitive design has been particularly helpful for new users in quickly adapting to the system.

Unlimited Document Storage: Reviewers highly value the unlimited document storage feature, as it allows them to store a large volume of documents without any limitations. This ensures that they can easily manage all their files in one centralized location without worrying about storage space constraints.

  • Limited customization options: Some users have expressed frustration with the lack of customization options in the e-sign feature. They suggest allowing for transferring or loading personal signatures instead of using a generic one. Two reviewers mentioned this concern.
  • Ineffective AI tagging and manual data entry: Several customers find that the AI tagging feature is not effective and does not learn user preferences, resulting in a significant amount of manual data entry. Three reviewers highlighted this issue.
  • Lack of effective communication: Users from a law firm mention that the software lacks effective communication and needs improvement to match its features. They specifically mention it needs to be more serious in its approach. One reviewer pointed out this drawback.

Attribute Ratings

Reviews

(1-6 of 6)
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Score 10 out of 10
Vetted Review
Verified User
We're using ContractWorks to centralize, organize and increase visibility on our supplier contracts. Previously, contracts were housed with various departments. Centralization allows us to see when one supplier provides multiple services across the Enterprise. Tagging Templates allow us to easily create alerts for term and language updates, as well as run reports for specific Ts & Cs.
  • The product allows you to grow into the features and price points. No additional charges for implementation support. We started with one department, then shared our positive experiences with other departments to gain wider acceptance.
  • Stellar customer support! Great variety with video, email, and phone assistance. Product training and tutorials are also readily available for self-service. The short (live or on-demand) webinars are quick, to the point, and very helpful to continually learn how to better use ContractWorks.
  • The flexible folder structure is super easy to set up and match needs for each department. Easy to navigate and drag & drop to load documents.
  • ContractWorks account managers listen to customers and the organization responds with new and improved features.
  • ContractWorks continues to improve upon and expand platform capabilities
  • Bulk sending contracts/documents for annual updates and eSignatures
  • I haven't gotten the hang of creating Reports. It's still mostly trial and error for me.
When compared with other options for us, ContractWorks was easiest to understand, more affordable, and most flexible. Users of all levels could catch on quickly so acceptance of the tool is better.
Score 10 out of 10
Vetted Review
Verified User
Our company uses ContractWorks as our contract database. It is extremely user-friendly and allows for easy access and organization across different departments within the company.
  • User-friendly with training tools and webinars.
  • Responsive customer support.
  • Effective search tool to quickly navigate through documents.
  • A lot of manual entry needed when utilizing the e-signature function.
[A] user-friendly platform that allows multiple users to store and organize documents across various departments within the company for easy access. [A] tagging feature is a helpful tool in sending reminders for upcoming renewals, etc.
December 08, 2021

Easy to use Product

Score 10 out of 10
Vetted Review
Verified User
It is where our company houses all of its service contracts. It addressed the problem of all contracts being in one place.
  • Organizes documents[.]
  • Makes it easy to categorize them[.]
  • Makes it easy to find them[.]
  • N/A so far [I] have no changes.
Works well for us, nothing that i am aware of.
Score 10 out of 10
Vetted Review
Verified User
We implemented CW across the Firm to manage all the agreements excluding employment. We have been able to get a 95% hold of the agreements and, in time, to implement several measures to manage them more efficiently. Results have been excellent, CW is very easy to use and powerful at what it does.
  • Managing renewals[.]
  • Managing timed fee increases[.]
  • Easy storing and retrieval of contracts[.]
  • Manage roles to determine who sees what. Very granular.
  • [The] signature process is quite powerful, and because it's integrated comes with management.
  • Could use a more serious lift in communication to match its features. We are a law firm, not a startup.
CW does not promise to integrate with your payables, receivables, to revolutionize everything. [It does not feature Leaden] and delivers EXACTLY what [it] promises. If you need to manage your [contacts], store them securely (they use AWS, we never had a down moment in 3 years) and provide your company with the means to actually USE them for what they are (a source of revenue, not trouble) then CW is for you. If you want [software] that promises to plug in the space station look elsewhere ( I did that in a previous job, recommend buying aspirin in bulk). Also, be ready to spend a lot more for your trouble.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
We use ContractWorks to serve as an archive for executed agreements and supporting documentation, including employment agreements. We also use its approvals function to mediate our internal contract review process and to sign documents electronically. It is used by the administrative offices of this healthcare organization for all documents executed by the company. It has made managing our archive much easier, permitting text-based search of documents spanning several decades. This is a vast improvement on the simple directory folder we had in the past. Furthermore, electronic review, signature, and approval has significantly simplified the contract review process and permitted paperless review at any time on any device for our major stakeholders. It has been a game changer.
  • Ease of use/simple to teach.
  • Unlimited document storage.
  • Exceptionally helpful and prompt support.
  • Responsive developers.
  • Allowing changes to documents midway through approvals/signatures.
  • More sophisticated interface for searching in document text would be nice.
  • Some ability to restart agreements that have been declined by intermediate approvers would be nice also.
ContractWorks is an excellent solution for any organization in our position: going from no contract management solution at all to one that is simple to use, easy to train on, and does the basics exceedingly well. The product is constantly evolving and adding new functionality that we have found very, very useful. Over the years since we adopted it, we have found that our users want more and more out of its functionality, and at times we have had to explain to stakeholders that there are limitations to this software (especially concerning changing the content of a document sent for review in the software itself, which cannot presently be done). It is very easy to manage user roles and permissions, and it's very easy to use the product from any kind of smart device.

More sophisticated users that use more sophisticated products already may find that the kind of robust in-software document editing/revision functions that some contract management products offer just isn't here, and that is true. There are reporting features here that are more than enough for organizations starting from scratch, but are probably limited for organizations looking for very granular information about their contracts. There is a significant time investment involved in tagging your contract database when it enters ContractWorks, although I suspect that is true for just about all products.

The price represents very good value for money.
Anastasia Micallef | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
We have multiple departments using it as a contract management software to ensure that contracts and their requirements are being tracked as well as using it as an electronic tool to sign documents.
  • E-sign
  • KPI tracking
  • Notifications of key milestones
  • E-sign: Transferring of signatures would be ideal or the loading of a personal signature into the e-sign field rather than a generic signature being populated.
  • AI: The tagging does not pick up things nor does the software really learn what you want it to. There is a fair bit of manual data entry that has to be done.
It is great with setting up notifications and tracking key milestones. However, when there is a requirement to initial every page of a document, one must click on multiple e-signature fields.
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