Are your contracts helping your business run efficiently or slowing you down? Managing contracts at the enterprise level often becomes complex and time-consuming.
As businesses grow, contracts increase in number and complexity, making manual processes inefficient and prone to errors. In fact, according to the Financial Times, using software for managing enterprise contracts can streamline workflows, ensure compliance, and reduce costs.
With the right software, businesses can simplify the entire contract lifecycle, from creation to renewal. But with so many options available, how do you choose the best solution for your needs?
In this blog, you’ll understand top enterprise contract management software, its features, and the pros and cons of each enterprise software.
Let’s get started.
How we evaluated top contract management software for enterprises
Our team analyzed over 30 contract management software to refine the best 7. We compared each software against the others, checked ratings on platforms like G2 and Capterra, and analyzed user preferences on community forums like Reddit and Bently.
Then, we shortlisted these contract management systems based on end-to-end CLM, scalability, ease of use, automation, integration, and AI features. Our thorough research and domain expertise guide you in selecting your enterprise’s ideal contract management solution.
Let’s look at our list of the top 7 contract management software.
Overview of top 7 enterprise contract management software
The table highlights scalability, integrations, pricing, and free trials to help you choose the best tool for your business needs.
| Software | Scalability | Pricing | Free Trial |
| HyperStart | ✓ (SMEs, Mid-size, and Enterprise) | $$ | ✓ |
| Ironclad | ✓ (Enterprise) | $$$ | ✗ |
| Docusign CLM | ✓ (Enterprise) | $$ | ✓ |
| LinkSquares | ✓ (SMEs) | $$ | ✓ |
| Icertis | ✓ (Enterprise) | $$$$ | ✗ |
| Gatekeeper | ✓ (Mid-to-Large) | $$ | ✓ |
| PandaDoc | ✓ (SMEs) | $ | ✓ |
This table compares top contract management tools’ scalability, integrations, pricing, and free trials. From SME-friendly HyperStart to enterprise-ready Ironclad, each tool meets unique needs.
Let’s explore each software in detail.
A deep dive into the top 7 enterprise contract management software
Here’s a description of the top tools to help you find the right fit for your business needs.
1. HyperStart CLM
HyperStart CLM is an AI-powered contract management software built for enterprises to automate tasks like contract retrieval, redlining, and metadata extraction with 99% accuracy. Enterprises can implement their centralized repository in 2-7 days and set up automated workflows within 2-3 weeks, streamlining the contract lifecycle process.
The software ensures compliance with AICPA SOC 2, ISO 27001:2013, and ISO 27018 standards, offering enterprise-grade security with role-based access controls. HyperStart enables businesses to create, manage, and finalize contracts up to 80% faster while minimizing risks and ensuring data protection.
With features like automated renewal tracking, dynamic contract creation, and integration with tools like Salesforce and DocuSign, HyperStart CLM optimizes contract workflows and boosts efficiency, making it an ideal choice for enterprises.
Features of HyperStart CLM
Here are the top features of HyperStart CLM.
| Features | Description |
| AI-Powered Automation | Automates contract retrieval, redlining, and metadata extraction with 99% accuracy. |
| Centralized Repository | Provides real-time contract visibility and 2-second retrieval through an AI-powered system. |
| Dynamic Contract Creation | Creates contracts with dynamic templates, intake forms, and smart conditions. |
| Automated Approval Workflows | Simplifies approval processes with conditional logic and collaboration tools. |
| Legally Binding eSignatures | Supports compliant eSignatures and OTP-based signing options for secure contract execution. |
| Renewal Tracking | Tracks contract obligations with automated reminders and AI-powered metadata extraction. |
| Enterprise Security | Complies with AICPA SOC 2, ISO 27001:2013, and ISO 27018. |
| Integration Capabilities | Seamlessly integrates with tools like Salesforce, DocuSign, Microsoft Teams, and more. |
| Comprehensive Dashboard | Offers real-time insights and analytics for the entire contract lifecycle. |
Highlights of HyperStart CLM for enterprise business
80%
faster closures
5x
speedier reviews
1 billion +
documents processed
2. Ironclad
Ironclad streamlines the contract lifecycle for enterprises, eliminating inefficiencies and bringing order to the process. From drafting contracts to getting them signed, sealed, and delivered, Ironclad ensures a smooth journey. Ironclad is one of the best platforms built from the ground up to handle all contract types—legal, sales, finance, HR, marketing, procurement, and more.
Ironclad AI automatically analyzes contracts, flags areas that require a thorough review, and provides suggestions on negotiating based on legal-approved guidelines. Ironclad is the go-to choice for leading enterprise companies like Asana and Dropbox. While Ironclad is a leading platform for contract management, businesses looking for different features or pricing options may want to explore Ironclad alternatives to find the best fit for their needs.
Key features of Ironclad
Workflow designer: A no-code, drag-and-drop tool to create and centralize contract workflows, covering intake, review, and approvals.
Editor: Simplifies contract negotiation with tracked changes, in-platform collaboration (comments, notifications), and embedded negotiation guides.
Repository: A searchable archive with automated data extraction, activity tracking, and full audit trails for complete lifecycle visibility.
Ecosystem: Integrates with tools like Salesforce and Slack to launch contracts, sync metadata, evaluate risks, and trigger approvals—all without leaving your preferred platforms.
Pros of Ironclad
User-friendly design enables easy navigation for all users, minimizing training needs.
A no-code workflow designer allows quick workflow updates and adjustments, boosting efficiency.
Cons of Ironclad
A learning curve exists for some features, including repository search and specific functionalities like downloading partially signed agreements.
While Ironclad offers robust functionality, it lacks integration with popular tools like Slack, which could streamline team collaboration.
3. Docusign CLM
Docusign CLM empowers enterprises to streamline complex contract management, saving time, reducing risk, and simplifying the entire lifecycle. Built for enterprise-grade performance, Docusign CLM scales to handle high contract volume.
Docusign CLM is recognized for its continuous innovation in contract lifecycle management, receiving accolades from Gartner and Forrester. The platform integrates effortlessly with existing business tools like Salesforce, SAP Ariba, and NetSuite.
Additionally, Docusign provides end-to-end client support for smooth implementation and ongoing success. While DocuSign CLM is a leading choice for many businesses, exploring Docusign alternatives can provide additional perspectives on features and capabilities to meet diverse organizational needs.
Key features of Docusign CLM
Templated document generation: Generate contracts quickly using pre-approved templates, which helps maintain consistency and compliance across documents.
Clause libraries: Store and reuse standard contract language, enhancing contract drafting and negotiation efficiency.
Digital audit trails and 360-degree visibility: Docusign CLM provides comprehensive tracking of all contract activities, ensuring transparency and accountability throughout the contract lifecycle.
Increased security: The platform enhances document security through robust access controls and compliance features, helping organizations mitigate risks associated with contract management.
Pros of Docusign CLM
Docusign makes sending agreements to multiple recipients incredibly easy, allowing you to set a specific signing sequence for co-signers.
If your organization uses Salesforce, you’ll love how Docusign integrates directly with it. Share agreements from the Salesforce dashboard without logging into a separate platform.
Cons of Docusign CLM
Setting up Docusign CLM can be challenging and time-consuming, particularly for users who are not technically inclined.
Customization for branding could be more flexible.
Streamline your contracts with ease
Accelerate reviews, automate workflows, and ensure secure contract management with cutting-edge technology tailored for your enterprise.
4. LinkSquares
LinkSquares offers a centralized platform for contract lifecycle management and legal project management solutions. This platform empowers legal teams to streamline workflows, automate tasks, and gain valuable insights from their contracts. With a proven track record of success for over 1,000 customers, LinkSquares offers a solution that can improve legal operations and contribute to overall business success.
Key features of LinkSquares
Automated workflows: Automates contract routing and approval processes.
Collaboration tools: Features in-app chats, real-time status updates, and email notifications to facilitate better communication.
Unlimited workflow options: Create unlimited custom workflows tailored to their specific business needs without additional costs.
Customizable templates: Users can create and utilize customizable templates and a clause library to streamline contract creation and ensure consistency in language.
Pros of LinkSquares
Advanced filtering options enable users to search agreements quickly without combing through hundreds of documents.
Integrates effectively with Microsoft Word via a powerful plugin, streamlining workflows for legal teams.
Cons of LinkSquares
The platform does not allow direct editing within LinkSquares, which can limit flexibility during contract updates or revisions.
While customer support is excellent, reliance on it to resolve basic usability issues can be inconvenient for users looking for self-service options.
To ensure you select the best contract management tool, comparing LinkSquares with its competitors is crucial to understanding their unique strengths and weaknesses.
5. Icertis
Icertis is a go-to solution for enterprise contract management that utilizes technology like generative AI Copilots built on secure Microsoft Azure cloud infrastructure. Industry experts recognize Icertis’ leadership in the CLM space.
Investing in these software solutions is a wise choice for enterprise businesses. Beyond this initial investment, enterprise contract management software unlocks a wealth of benefits. We’ll explore them in the below section. Although Icertis offers impressive features, some Icertis competitors provide alternative approaches to AI-driven contract management and workflow automation.
Key features of Icertis
AI-powered contract intelligence: Utilizes artificial intelligence to extract and analyze contract data, turning static documents into actionable insights.
Centralized contract repository: Provides a single digital repository for all contracts, ensuring easy access, organization, and management of contract documents across the enterprise.
Customizable templates: Offers a library of customizable templates and clauses, enabling users to create contracts quickly while ensuring consistency and compliance with company standards.
Pros of Icertis
Supports both buy-side and sell-side contracts, enabling a unified approach to managing contracts enterprise-wide.
Integrated AI-driven tools provide advanced analytics and insights, helping enterprises optimize contract performance and identify opportunities for improvement.
Cons of Icertis
The UI may feel outdated compared to more modern CLM platforms and could benefit from an upgrade to align with the latest WCAG (Web Content Accessibility Guidelines) standards.
While the platform is highly customizable, this can lead to maintenance challenges, especially after system upgrades.
6. Gatekeeper
Gatekeeper is a versatile contract and vendor management platform designed to simplify the contract lifecycle for enterprises. It empowers businesses to take control of their contracts and vendor relationships, offering a centralized and collaborative workspace. From contract creation to renewal, Gatekeeper ensures efficiency, compliance, and transparency at every stage.
The platform is ideal for enterprises with high contract volumes, thanks to its robust automation, AI capabilities, and powerful integrations. Companies across industries rely on Gatekeeper to stay organized and mitigate risks associated with poorly managed contracts.
Key features of Gatekeeper
Kanban workflow: Visualize contract workflows with a drag-and-drop Kanban board, making managing processes like contract approvals and renewals easier.
AI-Powered insights: The AI assistant, “Kelda,” extracts key data points, tracks deadlines, and flags contract risks to streamline review and compliance.
Custom Reporting: Generate tailored reports to track contract performance, upcoming renewals, and compliance metrics.
Integrations: Seamlessly integrates with tools like Salesforce, Slack, and Microsoft Teams to unify contract management within your existing workflows.
Pros of Gatekeeper
User-friendly interface with visual workflows simplifies contract and vendor management.
Automated reminders for key contract dates (e.g., renewals, expirations) ensure no deadlines are missed.
Strong vendor management capabilities alongside contract lifecycle management, offering a holistic solution.
Cons of Gatekeeper
Initial setup can be time-intensive, particularly for large enterprises with complex contract libraries.
Some advanced reporting features may require additional training for users unfamiliar with analytics tools.
7. PandaDoc
PandaDoc is an all-in-one document automation platform designed to streamline the creation, management, and signing of contracts, proposals, and other business documents. It’s ideal for small to medium-sized businesses (SMBs) and sales-driven organizations that need to accelerate deal closures and enhance team productivity. From drafting contracts to obtaining signatures, PandaDoc simplifies the process with an intuitive interface and robust automation features.
The platform offers seamless integrations with CRM, payment, and productivity tools, enabling users to manage the entire document lifecycle within their existing workflows. Trusted by organizations worldwide, PandaDoc is a popular choice for businesses looking to scale their document management processes.
Key features of PandaDoc
Template Library: A collection of pre-designed templates for proposals, contracts, and quotes, ensuring consistency and professionalism across documents.
eSignature Capabilities: Built-in electronic signature functionality eliminates the need for third-party tools, making the signing process fast and secure.
Document Analytics: Gain insights into recipient activity, such as time spent on each page and whether the document has been viewed or signed.
Payment Integration: Accept payments directly through documents via integrations with Stripe, PayPal, and Square.
Pros of PandaDoc
Easy-to-use interface, even for users with minimal technical expertise.
Extensive CRM integrations, including Salesforce, HubSpot, and Pipedrive, ensure seamless workflow connectivity.
Cons of PandaDoc
PandaDoc lacks native redlining features, requiring users to export documents to Microsoft Word for edits.
Customization options for templates and formatting can feel restrictive for users with complex branding needs.
If these limitations are deal-breakers for your organization, it may be worthwhile to consider PandaDoc alternatives that address these challenges.
Take the hassle out of contract management
Experience more intelligent workflows and secure solutions designed for your enterprise.
Find the Right Contract Management Solution
Streamlining workflows, improving compliance, and boosting efficiency starts with choosing the right software. Each solution in this blog offers unique features, but HyperStart CLM stands out with its AI-powered automation, secure infrastructure, and seamless integrations tailored to enterprise needs.
Focus on your business size, industry, and priorities like scalability and automation to identify the best fit. With HyperStart CLM, you can achieve faster contract cycles and reduce risks while ensuring a smooth, secure process.
Take the next step. Explore HyperStart CLM’s capabilities and book your personalized demo today.
