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SimpliContract Reviews & Product Details

SimpliContract is an AI-powered end-to-end enterprise-grade Contract Lifecycle Management platform. The new-generation CLM platform's cutting-edge features enable all teams involved in the contract lifecycle to effectively manage contracts with internal and external stakeholders. Crafted by Lawyers, Technologists, and Contract Managers, the platform has proven value in increasing revenue, accelerating contracting times & improving compliance. From Authoring to Obligation Management, the platform serves as a comprehensive solution for users across in-house Legal, Sales, Finance, HR & Procurement teams. With its all-in-one functionality, the platform caters to the CLM automation needs of top players in Retail, IT, E-commerce, Govt., Healthcare, and other industries. Key Benefits: Quicker Revenue: - 40% reduction in contract authoring time. - Quicker revenue realization (18% of sales cycle spent on contracting). Reduced Costs: - Reduction in revenue leakage – 9% of bottom line. - Optimized spend & 10-12% reduction in expenses. Improved Compliance: - Reduced risk – 2% of annual costs. - Real-time contractual insights for improved compliance. End-to-end CLM platform: - One platform for legal, sales & procurement teams. Quick deployment: - Simplify contracts across the enterprise in just 3 months Product stats: - 20,000+ enterprise users - 50,000+ enterprise contracts - $30 billion contract value - 100% user acceptance within just 3 weeks of implementation Features: - Distinct functionalities for both buying and selling sides of contracts, providing a unique and tailored approach. - Contract authoring and template & clause library management. - AI-powered (NLP) contract analysis, metadata extraction, and search. - Advanced 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.

Seller

SimpliContract

Discussions

SimpliContract Community

Languages Supported

English

Overview by

Swetha S

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SimpliContract Media

Increase contract efficiency with an all-inclusive dashboard that provides actionable insights in seconds.

SimpliContract Demo - Contract Repository

Know the current stage of any contract in an instant with the help of a searchable repository that provides high-level information at a glance.

SimpliContract Demo - AI-Based Clause Extraction

Extract various clauses in a contract with the help of Al. Now, legal teams can quickly pull up clauses without having to skim through the whole document.

View all necessary contract information on a single screen. No more browsing through multiple screens to obtain relevant contract information.

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Prem K.

Manager

Enterprise (> 1000 emp.)

11/21/2022

"SimpliContract makes Contracting process simply."

4.5/5

What do you like best about SimpliContract?

Simplicontract helps in the end-to-end digitalization of the contracting process. Our Journey with the Simplicontract team was amazing;

a. Application has modern-day features and functionalities that simplify the contract execution journey.

b. They have a great team who understands the essence of the customer problem and provides an appropriate solution.

c. Team is very accommodative to the customization/development requirement.

d. Team delivers the requirement well within the committed timeline. Review collected by and hosted on G2.com.

What do you dislike about SimpliContract?

The benefit/outcome of AI functionality is not very evident; SimpliContractTeam should educate the user group on how to use this functionality to bring better efficiency and effectiveness. Review collected by and hosted on G2.com.

What problems is SimpliContract solving and how is that benefiting you?

Simplicontract is helping us in solving

a. Digitalization of contract lifecycle.

b. Centralised document repository of all the contracts

c. Reminder notification is assisting us in the Initiation of contract renewal on time.

d. Report & dashboard, which gives better contracts visibility at the org level.

e. Strengthed governance & control. Review collected by and hosted on G2.com.

Mridula D.

Legal Executive

Enterprise (> 1000 emp.)

9/27/2022

"Great tool for contract management."

4.5/5

What do you like best about SimpliContract?

* Organized outlook of a contract.

* We can compare the previously uploaded versions.

* Prompt support we receive from simplicontracts team. Review collected by and hosted on G2.com.

What do you dislike about SimpliContract?

* There could have been a draft feature for share option. If we need to check the contract once before sending it out, we need to delete the entire thing and re-type it.

* There could have been a reminder trigger sent to respective stakeholders through collaborate section. Review collected by and hosted on G2.com.

What problems is SimpliContract solving and how is that benefiting you?

* It helps construct an organized and robust way of handling contracts, which was lacking before simplicontracts.

* Helped maintain the entire agreement and related documents, conversations and others in a single request raised.

* Capturing the summary values for each contract while uploading the executed copy negated the manual reports' exhaustive process. Review collected by and hosted on G2.com.

Anish S.

Assistant Manager Legal

Small-Business (50 or fewer emp.)

9/30/2022

"Simpli Superb!!!"

5/5

What do you like best about SimpliContract?

I find the tool extremely useful and efficient. Plus, the SimpliContract Team customises the toll as per the requirements of the customer. They interact with the customer frequently and ensure that all glitches are rectified and the software works smoothly. Review collected by and hosted on G2.com.

What do you dislike about SimpliContract?

Certain features like spell-check and auto correct have not yet been added. Review collected by and hosted on G2.com.

Verified User in Internet

Enterprise (> 1000 emp.)

11/2/2022

"My CLM Journey So Far..."

3.5/5

What do you like best about SimpliContract?

It was a good experience working on Simplicontract. It helps to create the contract/assign/now; getting the platform for signature is an added advantage. The entire process is covered under a single platform from creation to execution. Review collected by and hosted on G2.com.

What do you dislike about SimpliContract?

But I feel it can be improved further in auto-updating and the contract closure automatically once the contract is signed through CLM. Review collected by and hosted on G2.com.

Verified User in Logistics and Supply Chain

Enterprise (> 1000 emp.)

11/21/2022

"Very flexible in providing whatever the customer asked for"

5/5

What do you like best about SimpliContract?

Awesome support team.Adding the features to the tool based on the customer's needs. Whenever we put forward our requirements, they always try to come back with a solution for our business needs. Review collected by and hosted on G2.com.

What do you dislike about SimpliContract?

There is nothing to be disliked about their support except for the time taken to add any new feature. Review collected by and hosted on G2.com.

Raja S.

Independent Consultant-Automation

Enterprise (> 1000 emp.)

9/21/2022

"This CLM helped Finance team to process invoices based on the Supporting in Portal on real time."

4.5/5

What do you like best about SimpliContract?

The information and the documents which are available at the click of the Button Review collected by and hosted on G2.com.

What do you dislike about SimpliContract?

Historic Data not available & to bring in Do's and Don't's so that the end user would ensure to update the required information Review collected by and hosted on G2.com.

Naga K.

Presales Lead

Enterprise (> 1000 emp.)

9/29/2022

"Review for SimpliContract"

4.5/5

What do you like best about SimpliContract?

Easy to use and intuitive with the option to collaborate with teams efficiently. Review collected by and hosted on G2.com.

What do you dislike about SimpliContract?

Only requestor can access or edit the record which at times becomes a bottleneck. The Account Managers and Delivery Managers whose names are selected, if they have access, should get the edit access as well for them to upload documents in the absence of the requestor. Review collected by and hosted on G2.com.

Devappa C.

Senior Manager - Legal

Enterprise (> 1000 emp.)

9/27/2022

"it is good and user friendly tool for the organizations"

5/5

What do you like best about SimpliContract?

simplicity of features in the tool which is user friendly Review collected by and hosted on G2.com.

What do you dislike about SimpliContract?

it requires more machine learning technology which is lacking currently Review collected by and hosted on G2.com.

Verified User in Information Technology and Services

Enterprise (> 1000 emp.)

8/17/2022

"Great platform to streamline the processes but still evolving on the right path"

3.5/5

What do you like best about SimpliContract?

Easy User Interface and prompt support team who is always available to help you out. Review collected by and hosted on G2.com.

What do you dislike about SimpliContract?

Being in the WIP stage, there will be some bug and patch fixes. Due to this, you will have to be up to date with all the frequent updates. Review collected by and hosted on G2.com.

Verified User in Consumer Services

Enterprise (> 1000 emp.)

8/19/2022

"Simple to use and need more integration"

4.5/5

What do you like best about SimpliContract?

Made my work easily without the help of Legal sometimes Review collected by and hosted on G2.com.

What do you dislike about SimpliContract?

Few contracts have 2 rounds of review from the different teams, which usally consumes lot of time and delays the process Review collected by and hosted on G2.com.