TrustRadius: an HG Insights company

What is SimpliContract?

SimpliContract is an enterprise-grade Contract Lifecycle Management platform that enables teams involved in the contract lifecycle to manage contracts with internal and external stakeholders. Crafted by Lawyers, Technologists, and Contract Managers, the platform helps users to accelerate contracting times & improving compliance.


From Authoring to Obligation Management, the platform is presented as a comprehensive solution for users across in-house Legal, Sales, Finance, HR & Procurement teams. It caters to the CLM automation needs of players in Retail, IT, E-commerce, Govt., Healthcare, and other industries.


SimpliContract aims to help users to achieve:


  • Reduced contract authoring time.

  • Quicker revenue realization.

  • Reduction in revenue leakage

  • Optimized spend & reduction in expenses.

  • Reduced risk of annual costs.

  • Real-time contractual insights for improved compliance.

  • End-to-end CLM platform: One platform for legal, sales & procurement teams.

  • Quick deployment: Simplified contracts across the enterprise in just 3 months


The vendor states the product currently has 20,000+ enterprise users, and has supported 50,000+ enterprise contracts with $30 billion contract value.


Features:

  • Functionalities for both the buy side and sell side.

  • Contract authoring and template & clause library management.

  • AI-powered contract analysis, metadata extraction, and search.

  • Analytics and Reporting

  • Contract repository and document management.

  • Contract collaboration and approval workflows.

  • Contract milestone and obligation tracking.

  • Contract renewal and expiration management.

  • Centralized Desk and Controlled Access to data.

  • Integration with other enterprise systems.

Categories & Use Cases

Media

Screenshot of Home Dashboard - the dashboard provides actionable insights in seconds.
Screenshot of Contract Repository - Displays the current stage of any contract with the help of a searchable repository that provides high-level information at a glance.
Screenshot of Al Search - Clauses in a contract can be extracted with the help of Al. Legal teams can pull up clauses without having to skim through the whole document.
Screenshot of Simpli360 - Displays all the necessary contract information on a single screen so there is no need to browse through multiple screens to obtain relevant contract information.

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Screenshot of Home Dashboard - the dashboard provides actionable insights in seconds.