The 15 Best Contract Management Tools in 2025

Your CEO drops by your office to celebrate a surge in clients, company hires, and external partnerships. You’re elated about the company’s growth, but you’re also thinking practically about what this means for you and your team: More contracts to handle. At this rate, business is moving faster than you can keep up.

Maybe you’ve heard about a peer’s success with implementing a contract management tool at their company and you know this would lighten your team’s load significantly, but you aren’t sure where to start.

Creating an error-free, rapidly evolving, and seamless contract management system for your organization can seem overwhelming, but fortunately, once you identify your needs, there are several great options to choose from. But before diving into tools, it’s helpful to understand why so many companies are making this investment in the first place.

When evaluating contract management tools, it’s important to look beyond flashy features and focus on what will actually help your team work smarter. Here are the key things to look for:

• Usability. Your CLM (i.e. contract lifecycle management tool) should be intuitive and easy to use right out of the gate or with very minimal training for maximum adoption across your business.
• Customization. Look for the ability to tailor templates, set user permissions, and manage both negotiable and non-negotiable contracts. A flexible system will adapt to your team’s needs, not the other way around.
• Integrations. Your contract management tools should work seamlessly with the tools you already use, such as your CRM, e-signature solution, cloud storage, and business spend management software. Integrations help reduce manual handoffs and errors.
• Automated workflows. A strong CLM lets you set up approval flows, assign roles, and move contracts through their lifecycle without relying on email or coding. This is a core driver of efficiency and ROI.
• AI functionality. While it won’t do your job for you, AI can handle repetitive tasks like tagging fields, extracting key details (like names, dates, and values), and surfacing risk. These tools free up legal teams to focus on more strategic work.
• Contract repository. A searchable, centralized contract database is essential. It should allow you to find agreement details quickly, get alerts for renewals, and pull insights across contracts to inform future strategy.
• Growth partnership. Choose a vendor that offers more than just software. Look for one that provides strong customer support, education, up-to-date documentation, community, and thought leadership to support your long-term success.

To help you make sense of the contract management landscape, we’ve gathered insights from real users across trusted review platforms like G2 and Capterra about current CLM software vendors.

While we’ve included Ironclad, our own platform, in this list, we’ve aimed to present all tools fairly, based on public feedback. This list is presented in alphabetical order, and you may notice that there are actually 16—not 15—CLMs listed. That’s because we think we’re among the best contract lifecycle management software available, but we want you to judge for yourself.

Market leaders

The market leaders in contract management software are the big, all-in-one platforms that companies rely on to handle their complete contract lifecycles, end to end. Many of these were featured as leaders in the Gartner Magic Quadrant for Contract Life Cycle Management report, highlighting their strong market presence and capabilities.

Agiloft

Best for large enterprises or organizations with complex, highly specific contract management needs.

Agiloft’s top three verticals are healthcare, business services, and manufacturing, with a strong focus on legal, procurement, and sales teams. Its platform is well-suited for complex use cases, including the management of unstructured contract data and automation of post-signature workflows.

Pros:

“In all of the years that we have used the product, it has consistently been the most reliable software that I manage. Agiloft allowed us to retire our in-house contract database, which did not have the search capabilities and reporting options that Agiloft has.”
Verified User, via G2

• Highly customizable. Offers extensive flexibility for complex business needs
• Strong automation capabilities. Automates contract workflows to reduce manual tasks and improve efficiency
• Robust integrations. Connects with a wide range of business tools and systems
• Customer service. Reported as helpful, especially during implementation and troubleshooting.

Cons:

“Figuring out how to set it up exactly how you want can be a bit of a headache, especially if you’re new to it.”
Chaitanya N., Energy Engineer III, via G2

• Difficult and lengthy setup. Implementation process that can be complex and time-consuming
• Heavy ongoing maintenance. Regular need for IT or external support for updates and adjustments
• Steep learning curve. Significant training required and a high barrier to entry
• Interface challenges. Less intuitive design for some users, particularly those without technical backgrounds

Conga

Best for large enterprises that use Salesforce

Conga’s top three verticals are communications and media, banking and securities, and healthcare, with the majority of organizational users in legal, procurement, and sales.

In 2020, the legacy platform Apttus merged with Conga and now operates under the Conga name.

Pros:

“Conga makes it easy to pull already-entered information from existing sales opportunities to create templated documents.”
-Kelly Michael S., Marketing Manager, via Capterra

• User-friendly interface. Intuitive design that serves both legal professionals and business users
• Robust integrations. Seamless integration with popular platforms like Salesforce
• Automated contract creation. Ability to automate tasks like contract creation, approval workflows, and deadline reminders
• Pricing. Some users say Conga is “the most affordable option for doc repository and workflow,” via G2

Cons:

“Whenever I need to work on a proposal, I try to do so cautiously out of fear of losing something important. I struggle to trust this tool.”
-Cory R., Director of Digital Marketing, via Capterra

• Steep learning curve. Can require a lot of time and training to master.
• Complex customization. Customization that may require additional resources and expertise
• Outdated. Perception of outdated platform due to code-based workflows, bugs, and implementation issues reported by some users

DocuSign

Best for companies primarily focused on contract signing

DocuSign’s most widely known for its eSignature capabilities and its top three verticals are high tech, business services, and healthcare. 50% of their customer base are in sales roles, while the other half is made up of legal, procurement, and others.

Pros:

“Easy to use and simple. I love to use it for signing any documents.”
— Tsendsuren R., Contracts Manager, via G2

• Trusted and widely adopted. A well-established leader in eSignatures
• Security features. Robust security measures that include encryption and audit trails.
• User-friendly and intuitive. Straightforward process for signing and sending documents
• Mobile accessibility. Ability to access and sign documents from mobile devices, adding convenience and flexibility.

Cons:

“It feels like DocuSign has got too big and actually forgotten what it’s for.”
— Graham T., Engine Mobile Ltd, via G2

• Not built for full contract lifecycle management. Lacks robust tools for end-to-end workflows
• Challenging implementation. Lengthy setup time, leading to lack of adoption
• Expensive. Frequent user complaints about price
• Workflow complexity. Requires support to create or update workflows

Evisort

Best for small-to-midsize companies looking for AI-powered features
(Acquired by Workday in 2024)

Evisort’s top three verticals are healthcare, banking and securities, and communications and media. The majority of their customers are smaller companies, but it does serve some larger organizations. Evisort is known for its proprietary large language model (LLM) and AI and GenAI-native features.

Pros:

“The speed at which Evisort reviews and extracts contractual information is amazing. The accuracy of the extracted information… is extremely high.”
– Justin H., CIO, Legal Services via Capterra

• AI-powered analysis. Ability to scan and extracting key contract data with speed and accuracy
• Targeted efficiency. Increased productivity in specific contract lifecycle phases, like review and data extraction
• Rapid visibility. Quick access to critical terms, clauses, and obligations within large contract volumes

Cons:

“Evisort is missing some features that are prominent in other CLMs.”
– Elizabeth E., Mid Market Company, via G2

• Limited end-to-end functionality. Lack of robust tools for drafting, negotiation, or full reporting
• High training curve. Upfront investment of data and time needed to train AI effectively
• Lower usability for some teams. Perception of unintuitive or overly complex experience for plug-and-play needs
• Innovation over practicality. Reports of advanced AI features prioritized over everyday usability

Icertis

Best for large, complex enterprises that manage high volumes of contracts

Most of Icertis’ customers are enterprise companies, primarily in the manufacturing, healthcare, and high-tech sectors. Its organizational users are equally split between legal, procurement, and sales roles, and it’s especially known for a platform that’s intuitive for both the buying and selling side of contracts.

Pros:

“The contract authoring features and the search features to the Icertis tool suite really allow the various stakeholders to fully take advantage of the tool suite. Whether you are on the procurement team, legal team or commercial management team you will be able to search for key risk issues and deliverables.”
Michael Z., Enterprise Company, via G2

• Strong approval and automation capabilities. Supports contract workflows with built-in automation and structured approval processes
• Comprehensive contract and document management. Offers a centralized system for organizing and tracking contracts
• Manageable platform navigation. Reported ease of use after thorough onboarding
• Detailed workflow control. Enables granular management of contract stages and stakeholders

Cons:

“While Icertis presents all the functionalities and features of a contract lifecycle management tool, the implementation and training are items that were quite tough to get used to.”
Verified User in Financial Series, via G2

• Lengthy implementation. Extended onboarding and setup times, making cross-functional adoption difficult
• Steep learning curve. Basic proficiency requires extensive training, potentially discouraging continued use
• Expensive and consultation-heavy. Significant investment in external consultants needed for effective setup
• Weak email and notification functionality. Reported issues with e-signatures, alerts, and email integration

Ironclad

Best contract lifecycle management for enterprise companies with diverse cross-functional needs

Ironclad is ideal for organizations that require a CLM capable of adapting to different departmental contexts, easy adoption at scale, and strong integrations with existing technology stacks. It serves midsize to enterprise companies and its primary industries are high tech, manufacturing and business services.

Pros:

“We generate 100s of NDAs per month globally, Ironclad helps us keep the process as streamlined and smooth as possible across the different business units. Making the process more user friendly and standardized to minimize human error or mistakes. This has decreased our NDA completion from 2-3 months, to a couple of days/weeks.”
– David Z, Business Development Manager, via G2

• Streamlines contract creation and approvals. Intuitive workflows that automate complex processes without engineering support
• Store and search for contracts. Repository used as a central location to find and reference agreements quickly
• Valuable data. Insights dashboard offering visibility into contract metrics, bottlenecks, and cycle times
• eSignature. Native signature tool embedded within the Ironclad app
• AI-powered contract analysis. AI tools that support greater efficiency in daily contract work

Cons

“With any CLM there’s always room for improvement and the feedback I get most from the users in my company is the repository and how this can be improved for better usage.”
– Ummu F., Legal Operations Manager, via G2

• Repository functionality and dashboard. Some users report difficulty navigating the repository to find documents.
• Frequent updates. Users report that updates to the product happen often, which can change their familiarity with the platform.
• New user adoption. Difficulty motivating new team members to complete onboarding resources
• Robust features. Created for the entire contract lifecycle, so if your team just needs to sign contracts, there’s probably a more affordable option with basic features.

Juro

Best for lean, fast-moving legal and business teams of startups or mid-sized companies.

Juro is commonly used by procurement, legal, HR, and finance teams—particularly within B2B SaaS, food delivery, automotive marketplaces, and travel platform companies.

Pros:

“Using Juro as our CLM tool has changed the game for our legal team. Implementation was excellent—Juro’s onboarding team assisted us in setting up template contracts, defining workflows, and setting up a repository for easy reference. Each of our contract stakeholders has increased visibility into contract terms and status.”
Kyle P., Contract Manager, via G2

• Streamlined contract creation. Automated drafting to save time and reduce reliance on manual processes
• User-friendly interface. Intuitive navigation, especially for simple contract workflows
• Responsive customer support. Positive experiences reported with support team responsiveness
• Time efficiency. Faster progress by simplifying routine contract tasks

Cons:

“Sometimes, it adds extra steps to the process. For example, if any minor change is made to a contract, the platform requires to send it to the counterparty, and the counterparty still has to send the contract back to us, before we can accept the changes and send for signature.”
-Verified User, via G2

• Inconsistency. Gaps in features beyond contract creation, limiting end-to-end use
• Limited contract data. Challenges in surfacing and reporting on key terms for risk and compliance
• Counterparty friction. Difficulties for external collaborators interacting within Juro’s platform
• Feature limitations. Missing capabilities like advanced customization, flexible e-signature options, and robust formatting tools

Malbek

Best for teams who work cross-functionally across several departments and want a no-code CLM.

Malbek’s top industries are life sciences, manufacturing, consumer packaged goods, and retail, and its top users include roles in procurement, legal, sales, and finance.

Pros:

“An intelligent platform for form management that serves a variety of departments within the organization”
Rotem G. Revenue Operations Manager, via G2

• User-friendly. Clean, modern UI that’s easy to navigate and quick for teams to learn
• Strong workflow automation. Customizable approval workflows and automated notifications reducing manual tasks
• Collaboration features. Real-time negotiation and multi-stakeholder input to improve speed to contract
• Responsive customer support. Highly rated implementation and support teams assisting with onboarding and troubleshooting

Cons:

“One area for improvement is the ability to control users’ security settings on an as needed basis for individual contracts or documents. Adding more granular security control would be a valuable enhancement for protecting sensitive contracts/documents.”
Verified User, via G2

• Limited AI functionality. Lacks advanced AI tools for contract review, drafting, and data extraction
• Document management. Difficulties managing and storing documents
• Permissions model. Less flexible access control, limiting role customization compared to other CLM platforms
• Integration challenges. Well-supported Microsoft Office integration but inconsistent support for G Suite

PandaDoc

Best for sales teams.

PandaDoc was created for sales teams to send proposals, and that remains the core of their business. Its top industries are SaaS, professional services, healthcare, education, and construction.

Pros:

“Reliable, user-friendly platform for contract management”
Ninad D., Operations Analyst, via G2

• User-friendly interface. Simple and intuitive design, especially for creating and sending sales proposals
• Strong e-signature capabilities. Easy implementation and smooth integration into workflows
• Efficient document management. Streamlined proposal creation and management for sales teams
• Quick setup. Easy to get started, particularly for sales-focused use cases

Cons:

“PandaDoc is great for beginners but may not be worth the cost in the long run.”
Verified User via G2

• Limited end-to-end CLM functionality. Lacks key features for full contract lifecycle management, like negotiation and approval workflows
• Manual template updates. Requires users to manually update templates before approvals, slowing down the process
• Collaboration constraints. Not built for real-time collaboration across legal, procurement, or finance teams
• Minimal contract data insights. Offers limited reporting and analytics, making risk assessment and compliance tracking difficult

Sirion

Best for enterprise-level organizations that need innovative AI features and robust post-signature contract management.

Sirion’s top three verticals are banking and securities, communications and media, and healthcare. It’s known for its standout AI features include conversational search, AI-driven risk reviews, and auto-redlining, as well as its post-signature management features that track compliance after contract execution.

Pros:

“As a contract manager, I like the feature that allows me to view the full scope of upcoming and outstanding deliverables for every contract. All that information is readily available, and I can drill down to the specific deliverable and check with stakeholders on its status without ever leaving the tool to communicate directly to each person.”
-Edward A., Contracts Manager via G2

• AI-powered contract intelligence. AI extraction of obligations, clauses, and key dates to reduce manual review
• Advanced post-signature management. Tracking of performance, obligations, and compliance after contract execution
• Collaboration tools. Features like clause-level negotiation and in-platform redlining to facilitate legal collaboration
• Audit trails and compliance. Strong audit capabilities and version control supporting compliance and risk management

Cons:

“The implementation of the tool in existing teams and major legacy engagement has a learning curve that needs to be considered at decision to implement. It needs dedication and from time to time also benefits from scrutinizing our own standardisation to benefit fully.”
-Martin E., Senior Commercial Manager via G2

• Steep learning curve. Difficulties learning the platform, especially when configuring complex workflows or features
• User interface design. Perception of a dated or less intuitive UI compared to similar CLM tools
• Performance lag. Occasional slowdowns or long load times, particularly with large contracts
• Limited out-of-the-box integrations. Need for technical support or custom work to integrate with third-party tools

New additions on the rise

With more and more CLM solutions being added to the market, there are definitely some standout newcomers, many of which are classified as challengers in the Gartner Magic Quadrant for Contract Life Cycle Management report, highlighting their potential.

ContractWorks

Best for teams that primarily need a secure, easy-to-use place to store contracts, along with basic workflow and collaboration features.

Users say: ContractWorks excels in the areas of document management, storage, and organization, but does not have some of the more advanced features and integrations as more robust CLMs.

Cobblestone Software

Best for teams that want lots of features and are willing to invest time to learn them.

Users say: It’s powerful and customizable, but non-technical users struggle with complexity and lack of real-time collaboration.

Outlaw

Best for businesses that want to streamline contract creation with a modern interface.

Users say: The tool is sleek and user-friendly once learned, but has limited analytics and integrations.

Lexion

Best for legal teams looking to adopt AI-driven contract analysis and evolve their processes.

Users say: It’s smart and promising, but struggles with data in tables, connecting related documents, and nuanced contract types.

ContractPodAi

Best for companies seeking AI features and agents.

Users say: They appreciate enhanced productivity through AI-driven automation, but implementation can be lengthy and complex.

SpotDraft

Best for growing businesses wanting affordable automation and risk insights.

Users say: It’s great for automating basics and improving visibility, but can feel rigid or limiting in cross-functional workflows.

The CLM landscape is always evolving, which means that managing your contracts should continue to get easier and faster.

Legal ops becomes strategic business driver

Over the last decade, legal operations has moved from a support function to a strategic cornerstone of the legal department. CLOC’s 2025 State of the Industry Report found that 83% of departments expect demand for legal services to continue rising, with the top five legal ops functions either expanding or remaining essential to daily operations.

To meet that growing demand, 77% of respondents said increasing legal operations headcount is a medium or high priority—underscoring a broader shift toward operational excellence, scalable systems, and tools like contract management software that helps legal teams do more with less.

But the most meaningful shift isn’t just operational—it’s relational. Legal ops teams that once spent their time buried in administrative tasks are now emerging as valued strategic advisors. By implementing the right systems and driving efficiency, legal leaders are earning credibility with business partners and transforming how legal is perceived across the organization.

Contracts are no longer seen as blockers. Instead, they’re recognized as a key part of driving the business forward. With the help of CLMs and the data they unlock, legal teams can clearly demonstrate their impact. They can report on metrics like workload, turnaround time, and negotiation rates. More importantly, they can show how their work connects to business outcomes, such as revenue influence, legal involvement in key deals, and areas where contract value may be lost.

This evolution reflects a deeper truth: when legal operations runs smoothly, it builds trust. And with that trust comes influence. For more tips on becoming a strategic driver in your organization, read our 2025 Legal Operations Field Guide.

Legal teams are rethinking their tech stack

If you’re exploring contract management solutions as part of a broader effort to update your data and technology strategy across your legal department, you’re not alone.

According to a recent EY survey, 75% of legal teams are actively developing or improving their approach to legal technology and data, hoping to find solutions for persistent challenges like disorganized data (52%), disconnected systems between legal and business platforms (44%), and limited access to accurate, real-time information (41%).

AI leads the way

As more legal departments modernize their processes, it’s clear that those who don’t risk falling behind. In our 2025 State of AI in Legal Report, we found that 69% of legal professionals are already using AI in their work, and 93% of those users say it’s made their work better. On top of that, 72% say it’s improved their work speed.

That’s where modern CLMs come in. Today’s leading platforms embed AI directly into day-to-day contract work—from drafting to redlining to routing approvals—so teams can work smarter without needing to learn a completely new system. But contract management tools aren’t the only place where AI is making a major impact.

The legal tech ecosystem is rapidly expanding with the rise of LLM-powered tools like Harvey, Luminance, Spellbook, and Legora, all of which are changing the way legal teams approach contract work. These tools use large language models to handle complex tasks such as clause analysis, contract drafting, compliance checks, and even legal research. For example:

• Jurist can draft, edit, review, and research contracts, leveraging AI to streamline legal workflows.
• Harvey is helping firms automate legal reasoning and generate draft responses in complex litigation.
• Spellbook integrates directly with Microsoft Word to suggest clause edits, flag risks, and even propose full contract language using OpenAI’s models.
• Luminance focuses on contract analysis, surfacing anomalies and risk patterns across large contract sets.
• Legora is emerging as a player in AI-assisted negotiation and redlining.

Many legal departments are using these tools in tandem with traditional CLMs—either as complementary layers of automation or as point solutions for specific contract workflows. The result? Faster review cycles, less manual work, and smarter decisions driven by contract data.

AI is no longer just a “bonus feature” in contract management. It’s becoming a fundamental part of how legal teams operate. And the pace of innovation is accelerating: Gartner predicts that by 2027, AI will handle 50% of procurement contract management tasks, including drafting, risk analysis, and editing.

Legal teams that embrace these changes now will be better positioned to scale, reduce risk, and contribute strategically to the business, while those that wait may find themselves playing catch-up.

You may be excited about the opportunities that a CLM represents, but you might still need to get stakeholders on the same page. Here are tips for championing change at your organization.

Building the business case for contract management software

Contracting has long been seen as a necessary but manual and siloed function. But with the right contract lifecycle management solution, it becomes a strategic advantage. A modern CLM helps teams accelerate revenue, reduce risk, control costs, and uncover insights that inform better decisions. It is not just about doing legal work faster—It’s about helping the entire business operate more effectively and competitively.

It’s a given that CLMs drive efficiency, but the real value lies in the strategic outcomes they enable. Let’s take a closer look at what those are.

Mitigate risk

Mitigating legal and compliance risk is one of the strongest arguments for investing in contract management tools. With AI-driven visibility, standardized workflows, and full-lifecycle governance, your business can stay ahead of potential issues, ensure compliance, and protect your bottom line.

But a CLM can help mitigate risk in ways that go far beyond core features, as Plaid demonstrates by using it to manage third-party risk. “After discussing the CLM use case with various stakeholders and getting a better understanding of the product workflow capabilities within Ironclad, it occurred to us: we’ll be able to customize Ironclad to perform various vendor risk assessments all within the platform.,” said Kenneth Thomas Moras, their Security, Governance, Risk, and Compliance Lead.

Accelerate value

By streamlining the contract lifecycle and enabling faster, smarter negotiations, your business can close deals more quickly and maximize financial outcomes.

At Ironclad, our very own sales team uses our Salesforce integration to manage contracts and close deals 70% faster. “I am a firm believer that the most successful way to acquire customers is to dedicate time to building trusting relationships and collaborating on creative solutions that match their unique needs. By streamlining the amount of effort it takes to create a compliant contract and collect the right approvals, the new sales contracting process has truly freed up my team’s time and enabled them to redirect their focus to where it matters: the customers,” said Brooke Adair, Director of Sales at Ironclad.

Reduce spend

Better visibility into contract data means your team can identify revenue leakage, consolidate vendors, and take proactive steps on renewals to avoid unnecessary costs.

With increased collaboration between procurement and legal using a CLM, The State of Oklahoma’s OMES has saved $66K since November 2023. Their procurement team said, “The improvements in business processes and automation that will be effectuated through analysis of the metrics and performance indicators are still in their infancy, but the total savings and increases in efficiency are slated to increase year over year for the foreseeable future.”

Keep up with the speed of business

Keeping up with the speed of business is essential for growth, but contracts are often a major bottleneck that slows teams down and stalls progress. The right CLM should empower your legal and procurement teams to manage a growing volume of contracts efficiently, move faster, and focus their time on high-value, strategic work.

Within three months of CLM implementation, DentalCorp reduced their contract drafting time from 15 minutes to 4 minutes per contract. But the impact didn’t end with the legal team’s efficiency. “We have received glowing feedback from users outside of legal,” said Aneta Ciesla, Senior Manager of Legal Operations. “Our operations team is much more organized because they know exactly where each contract stands. They can simply log in and see who is approving and what the current status is.”

On the flip side, having contract management software with AI-driven features enables Signifyd’s contract manager to self-serve more of the contracts process without involving legal at every step. That way, their legal team can focus on the highest-impact work without getting bogged down by administrative tasks and reviews.

“[A CLM with AI features] enables me to do my job more independently. I know our product really well, but I’m not an attorney. This is helping me achieve my tasks a lot faster, requesting legal input only when needed, which frees up legal’s time for more complicated matters,” said Zuhair Saadat, former Contracts Manager at Signifyd.

Prepare for questions and objections

Anticipating any hesitations ahead of time will help you build your case. Here are some of the most common objections that product champions may face:

“It will take up too much IT time.”

Many CLMs are designed to support team self-service and offer integration APIs that empower users while reducing the workload on IT teams. This means business users and entire departments, like legal, procurement, sales, or finance, can manage contracts independently without constantly relying on IT for support.

In other cases with more robust CLMs, there are also low-code options that don’t require much effort from the IT team. Choosing one of those options should satisfy your tech department, especially if you include them when scheduling a demo. Plus, the right best management tools can actually reduce IT involvement in the long run by eliminating manual fixes, patchwork solutions, and one-off tech requests.

“Setting it up end-to-end is too much work.”

You don’t need to start at the end; many companies begin with easy wins (like getting existing contracts into a smart repository) and expand the project to high-value use cases when the business is ready to take on that more strategic project.

Alternatively, you can begin with a pilot project in one department or contract type to demonstrate the CLM’s value, identify challenges, gather feedback, and then iterate to gain broader buy-in and expand usage.

“Contract management tools are too expensive.”

It’s a common concern, but it also misses the big picture. The real question isn’t how much a CLM costs, but how much long-term value it can deliver and the costly risks it could help you avoid.

When evaluating a new CLM for your organization, it’s common to focus on the upfront cost, but it’s even more important to consider the long-term benefits and value the software provides. A quality CLM can deliver measurable ROI within six to twelve months by reducing legal bottlenecks, automating manual work, and giving you better control over contract risk.

The real cost often lies in doing nothing—or investing in the wrong tool. Without a strong CLM, organizations face delayed deals, missed renewal deadlines, fragmented communication, and endless email chains. These hidden inefficiencies quickly compound into lost revenue, increased risk, and frustrated teams.

Consider these examples of scenarios with and without the right CLM for your business:

Customization

• With the right CLM: Configure the platform to meet your specific needs
• Without the right CLM: Pay for software you only partially use—or that requires workarounds to meet your specific needs

Integrations

• With the right CLM: Integrate your CLM and contract management processes with your existing tech stack
• Without the right CLM: Waste valuable time transferring contracts and information

Contract analysis

• With the right CLM: Access and analyze your contract data, identifying bottlenecks and improving processes
• Without the right CLM: Waste time and money on inefficient processes without clear insight into how to improve them

Data migration

• With the right CLM: Use a platform that does it all for you and saves you both time and money on managed services
• Without the right CLM: Face unexpected costs when transferring your existing contracts into the new platform

Updates and maintenance

• With the right CLM: Receive updates and new features seamlessly
• Without the right CLM: Rely on outdated processes that are slower, less efficient, and lacking modern capabilities

Tech support

• With the right CLM: Get technical support quickly and easily
• Without the right CLM: Spend valuable time—yours or your IT team’s—troubleshooting and managing manual workflows

Training and enablement

• With the right CLM: Train users effectively and scale processes across your organization
• Without the right CLM: Have limited time or resources to enable others—often leaving just one person in the company who knows how to manage the process

Professional services

• With the right CLM: Reduce or eliminate the need for professional services through self-serve features and support, helping you save on additional costs
• Without the right CLM: Incur costs for things like data governance, change requests, changing contract standards, new workflow creation, and much more.

By helping your team understand the total cost of ownership for CLMs, you can set expectations early and highlight the long-term value of investing in the right solution.

Choosing the best contract management tool is a big decision, but the right CLM quickly proves its value. With embedded AI, intuitive workflows, and seamless integrations, today’s leading platforms become more than just tools; they become essential to how your business operates.

A well-chosen CLM doesn’t just streamline contract processes—it transforms legal into a proactive, strategic partner across the organization.

Ready to see if Ironclad is the right solution for your business? Talk to an expert.