Top 10 Contract Automation Software

The modern business world has imposed high demands on the efficiency of signatures and seals, and contract automation software meets this demand. These valuable tools assist organizations in developing, administering, and implementing contracts and decreasing the time and material required to do this. Read this M4U’s Guide to understand what the contract automation looks like in 2025 and what solution you should choose for your company.

What is Contract Automation?

Contract automation system can be described as an innovative solution that covers all activities connected with the contracts in question through its complex, smart automation. These platforms employ the use of artificial intelligence and machine learning to generate, review, approve, sign, and manage contracts. By applying contract automation application, an organization can cut contract management time, increase its accuracy, and guarantee compliance with key provisions of the document.

Main Features of Contract Automation Software

• Automated Contract Creation: Automated and variable parts for creating contracts as a form filled with specific data.
• Workflow Management: Efficiencies of the approval and review frameworks.
• Compliance Tracking: All contracts must comply with the law and the regulation. E-Signature Integration: It provides a simple method of contract signing.
• Analytics and Reporting: This is used to evaluate contract performance and to identify trends.
• Document Storage and Searchability: Easy access and the possibility of fast storage and retrieval in one place.
• Version Control: Records contract alterations and ensures the company does not lose the value of those contracts.

Quick Comparison Table

List of Top 10 Contract Automation Software

1. HyperStart CLM

HyperStart CLM is an intelligent, enhanced contract lifecycle management solution that uses state-of-the-art AI. As a business tool, this platform entails contract creation, negotiation, and approval processes and speeds up most business processes. It is simple to use, allowing for incorporations by any size of business to create and maintain their digital platform. 

Key Features:

• AI-Powered Contract Creation: Automatically creates contracts from pre-approved templates of contracts and intelligent fill-in-the-blank forms.
• Automated Metadata Extraction: Gathers key information of the contract and extracts/organizes them with 99% efficiency.
• Smart Workflow Engine:  Approval processes that can be configured about routing and escalation.

Pros:

• Quick adoption to within 1-2weeks
• Simple and user-friendly UI, which customers will not need to be trained on.
• Full integration features

Cons:

• Currently, it supports only 15 integration tools
• Mobile app functionality is an area that could be widened

Ideal For: From solo entrepreneurs to large organizations

Pricing: Custom pricing based on organization size and requirements

Rating: 4.8/5

Website: https://www.hyperstart.com/ 

2. Ironclad

Ironclad is a consistent solution for automated contract management with strong customization for mid-size to big companies’ capabilities. Ironclad, through its digital contracting platform, converts traditional contract management into fully automated business processes. One of the features that make managing the approval process in business possible is using a workflow designer. 

Key Features

• Digital Contracting Platform: Digital contract generation and administration
• Workflow Designer: Customer-specific automated workflows with a visual designer
• Repository Intelligence: Contract analysis and data extraction using the power of artificial intelligence

Pros:

• The existence of powerful automation functions
• Extensive integration options
• Strong security features

Cons:

• Stiff processes of implementation
• Higher price point

Ideal For: Mid-size to large enterprises

Pricing: Custom pricing based on features and users

Rating: 4.7/5

Website: https://ironcladapp.com/ 

3. SpotDraft

SpotDraft provides an innovative and customizable solution for contract automation using AI to create, negotiate, and simply approve contracts. It remains flexible in that it will grow with your business while using smart templates that address projects and generate contracts with appropriate levels of customization.

Key Features:

• Smart Contract Generation: Creating contracts with the help of artificial intelligence using templates.
• Customizable Workflow Engine: Real-time flexible automation of approvals
• Advanced Analytics Dashboard: Information on contract performance in ‘real-time’

Pros:

• User-friendly interface
• Quick implementation time
• Excellent customer support

Cons:

• Still, there could be a more comprehensive integration of APIs.
• Some extra functions are only available to users with a paid subscription account.

Ideal For: Small and medium enterprises and emerging businesses

Pricing: Request For Pricing

Rating: 4.6/5

Website: https://www.spotdraft.com/

4. LinkSquares

LinkSquares is a contract automation software solution that has received much recognition due to its robust contract analysis and document management. Moreover, due to Artificial Intelligence, LinkSquares assists organizations in automating contracts and terms analysis, thus increasing the reliability of the information provided and reducing the number of mistakes.

Key Features:

• AI-Powered Contract Analysis: Extraction of key terms and obligations in a more automated way
• Smart Repository: Smart contracts classification and search
• Automated Reporting: Report development and Business Intelligence

Pros:

• Strong AI capabilities
• The best search capabilities
• Comprehensive analytics

Cons:

• Higher pricing tier
• Complex setup process
• Limited customization options

Ideal For: As for the large enterprises and legal departments

Pricing: Custom enterprise pricing

Rating: 4.7/5

Website: https://linksquares.com/ 

5. Juro

Juro is an approachable, team-oriented contract automation software that features a browser-based editor with which teams can generate, refine, and manage contracts. Juro has a visual workflow builder that makes the approval process easy, and a collaborative editor to make it easier for several people to work on contracts. 

Key Features:

• Visual Workflow Builder: It is easy to set up already built-in automation and custom automation using drag and drop.
• Collaborative Editor: The real-time Contract Collaboration
• Analytics Suite: 30-minute overall contract summaries

Pros:

• Modern, intuitive interface
• Strong collaboration features
• Excellent mobile support

Cons:

• Limited integration options
• Upgrade over machine learning as a service to Machine as a service with higher price differentiation

Ideal For: Small to mid-sized businesses

Pricing: Request For Pricing

Rating: 4.5/5

Website: https://juro.com/

6. DocuSign CLM

DocuSign CLM complies with DocuSign’s e-signature to provide solutions for identity contract lifecycle management. With its strong features in managing the flow of work, users can easily set up to automate the entire process of the contract from its creation process to approval and execution. DocuSign offers a rich library of templates to generate contracts as soon as possible while choosing from a rich set of partners’ connections when managing business processes.

Key Features:

• Advanced Workflow Automation: Complex process automation
• Template Library: Extensive pre-built templates
• Integration Hub: Extension of the product to several system integrations

Pros:

• Scalability of e-signature integration
• Excellent expertise in workflow functions
• Strong security features

Cons:

• Complex implementation
• Higher cost structure

Ideal For: Big companies and corporations

Pricing: Custom enterprise pricing

Rating: 4.8/5

Website: https://www.docusign.com/products/clm 

7. Agiloft

Agiloft incorporates a completely customizable contracts management solution that is replete with robust workflow management mechanisms. It is designed with no-code tools, so companies may modify the flows without involving developers; thus, it suits any organization. Agiloft works with AI contract analytics to offer deeper and broader contract details that help ensure the optimizer and CSMs fulfillment. 

Key Features:

• No-Code Configuration: Fully customizable and all of this without even implementing any programming in the process.
• AI-Enabled Workflows: Therefore, the idea of using intelligent automation for operational processes is called Intellio.
• Advanced Contract Analytics: Deep insights and reporting

Pros:

• Highly customizable
• Strong workflow capabilities
• Excellent support services

Cons:

• Overwhelming feature set
• Premium pricing

Ideal For: Mid-size to large enterprises

Pricing: Starting from $1,000/month

Rating: 4.6/5

Website: https://www.agiloft.com/ 

8. ContractWorks

One strength is the fact that Contract Works provides a straightforward and easy-to-understand solution for contract automation which will do nicely if you don’t want to get any more complex than need be. Another advantage provided by its basic flow features and document categorization system is that the tracking and management of contracts in organizations becomes faster and more efficient.

Key Features:

• Simple Workflow Automation: Easy-to-configure processes
• Document Tagging: Automated organization system
• Reporting Tools: Basic analytics and insights

Pros:

• Easy to implement
• User-friendly interface
• Affordable pricing

Cons:

• Basic automation capabilities
• Limited choice customization

Ideal For: Small to mid-sized businesses

Pricing: Starting from $700/month

Rating: 4.4/5

Website: https://www.contractworks.com/ 

9. Concord

Intended objectives of Concord in the area of contract automation Among them, the platform must be easy to use. Workflows and contracts shall have their version and properly be managed so that they are addressed using contract management that supports automation of the same, real-time editing shall also be supported by the system so that teams’ seamless working is supported.

Key Features:

• Automated Workflows: Simple process automation
• Collaboration Tools: Live tracking and annotations
• Version Control: Automated document versioning

Pros:

• Intuitive interface
• Strong collaboration features
• Quick implementation

Cons:

• Basic reporting capabilities
• Integration simply stated refers to the merged exchange of data between two or more systems So, there are limited integration paths Available.

Ideal For: The proposal is of great advantage to teams and small businesses that need to develop their online presence.-padding

Pricing: Starting from $49/month

Rating: 4.3/5

Website: https://www.concord.app/ 

10. Evisort

Evisort is an AI system for contracting, and it will shine if you’re tasked with processing a lot of contracts. First, in certain cases, it provides a remote method of searching, sorting, and analyzing contract content with as little intervention from the legal team as possible through the use of natural language processing; second, it has the ability to learn and distinguish between different types of contract, which allows the legal team to sort and categorize contractual structures. 

Key Features:

• AI Document Analysis: Advanced contract parsing
• Automated Data Extraction: Intelligent metadata capture
• Risk Analysis: Finally, through the process of automation, the evaluation of risk in contracts.

Pros:

• Strong AI capabilities
• Comprehensive analytics
• Robust security features

Cons:

• Complex implementation
• Higher price point

Ideal For: Interestingly, we targeted mainly large enterprises and legal departments first.

Pricing: Custom enterprise pricing

Rating: 4.7/5

Website: https://www.evisort.com/ 

How to Choose Contract Automation Software for Your Business

When choosing the right Contract Automation tools there are a few things that one’s business needs or budget dictate. Consider the following factors:

• Features: Some general features and capabilities have to be in any software, and they are, among others, automation, analytics, and compliance.
• Scalability: Select a tool that you can expand as your company expands.
• Ease of Use: Selecteasy-to-navigatee environments with limited procedures to master.
• Integration: Find if the tool integrates with other tools you are already using.
• Support: Always focus on strong customer care and training information.
• Cost: Flavors do not have to mimic exotic spices; what matters is that the food is both tasty and cheap.

Conclusion

Contract automation software has become an essential technology solution for most organizations seeking to improve their legal department performance and efficiency. Through the critical assessment of the requirements and comparison against all the available features in the market, an organization can settle on the right automation software that will complement the work of the organization and offer valuable results in the process. While choosing the technology, it is wise to pay some attention to implementation time, integration performance, and TCO.

Frequently Asked Questions

1. What is the average price of Contract automation software and service? 

The cost of contract automation tools depends on the capabilities, users, and contracts involved in features and functionality. The Basic packages range from $500 per month while the Enterprise packages range from several thousands of dollars per month.

2. How long does it take to implement an automated contract solution? 

Implementation timeframes are set within the 1-12 weeks period, depending on the complexity of your requirements and chosen solution. Basic installation solutions can be solved within one to two weeks, whereas complex enterprise configurations may take 8 to twelve weeks.

3. Can contract automation system work as a standalone or can it interface with other systems? 

Indeed, almost all present-day contracting automation solutions support interface options with various business systems such as CRM, ERP, and even document management systems. Though integration capabilities are good, the vendors are different and so are the integration capabilities.

4. Is the use of contract software safe? 

Leading contract automation tool vendors deliver such features as encryption, RBAC, and management compliance with industry standards like SOC 2 and ISO 27001.

5. How much time exactly can businesses cut down to get contracts automated?

Companies have seen percentages of 60-80% for time reduction in the overall contract processing when they have adopted contract automation software; however, certain key processes can achieve greater levels of time-saving.