A Detailed Overview of the ContractWorks Pricing

ContractWorks contract management software makes executing, storing, and tracking corporate agreements easier, offering businesses an efficient solution to manage their contract lifecycle.

With quick implementation, an easy-to-use interface, and low, transparent pricing starting at $700/month for unlimited users, ContractWorks makes contract management accessible to businesses and teams of all sizes.

However, understanding its pricing structure is essential for making an informed decision.

Many businesses face common challenges such as:

Determining how pricing is structured and what you get at each tier.

There is a need to find a solution that fits within the budget.

Confusion over which features are necessary and how they affect cost.

Uncertainty about expenses as contract volumes change.

These challenges can complicate decision-making and leave you uncertain about the best solution. To avoid such concerns, check out this blog, which provides a detailed pricing structure for ContractWorks.

Along with a complete breakdown of ContractWorks pricing, let’s compare ContractWorks with other leading alternatives and tell you whether it is worth it.

In-depth analysis of ContractWorks pricing plan

Here is a table with a complete pricing structure of ContractWorks pricing.

ContractWorks Pricing PlansStandard PlanProfessional PlanPremium Plan
Starting Price (Monthly)$700$900$2,000
Unlimited Users
Documents2,50010,000Unlimited
Electronic Signature Licenses51020
Smart Document Tagging
Customizable Reporting
Drafting
Redlining
Smart Workflows

Let’s discuss ContractWorks’ affordable pricing plans, including the price range, key features offered, and which type of business it suits most.

1. ContractWorks Standard plan

The standard plan is suitable for small teams that are just starting with contract management. It starts at $700 per month and has a one-year commitment.

Key features of ContractWorks Standard plan:

2,500 documents to manage your growing contracts

5 electronic signature licenses to ensure smooth contract completion

Unlimited users so that anyone can access and collaborate

With key features like smart document tagging, OCR, and customizable reporting, this Standard plan helps small teams keep track of documents and stay organized. This plan is a perfect choice if you require strong capabilities at a manageable cost.

Ideal for: Startups and small businesses looking for an affordable entry point into contract management without sacrificing quality or necessary features.

HyperStart vs. ContractWorks Standard plan: While the Standard plan offers an easy solution, HyperStart’s custom pricing ensures that your business receives only the required features at a price that fits its budget. Having such flexibility makes HyperStart CLM a reliable AI-based contract management software for businesses seeking personalization and cost efficiency.

2. ContractWorks Professional plan

Managing a large volume of contracts becomes necessary as your business grows. The Professional plan starts at $900 per month with a one-year commitment and provides the contract management features necessary for a mid-sized business.

Key features of ContractWorks Professional plan:

Manages up to 10,000 documents in a centralized contract repository

10 electronic signature licenses to accommodate larger teams

Enhanced collaboration features with unlimited users for more effective contract management

The Professional plan is ideal for companies that need to manage a growing volume of contracts without sacrificing ease of use. It ensures that mid-sized businesses can maintain control over contract workflows while enjoying a higher level of support and feature access.

Ideal for: For businesses looking to balance functionality with affordability, the Professional plan offers a great combination of features that can scale with your team.

HyperStart vs. ContractWorks Professional plan: If you need additional flexibility, HyperStart’s tailored pricing model offers a better value by allowing businesses to select only the features they need, ensuring cost-effectiveness.

3. ContractWorks Premium plan

If your company is scaling up and requires a reliable Contract Lifecycle Management (CLM) solution, the Premium plan is your best bet. The plan starts at $2,000 per month with a one-year commitment. This plan suits businesses looking for advanced contract management capabilities like contract drafting, collaboration, and workflows.

Key features of ContractWorks Premium plan:

Unlimited documents, removing any restrictions on how much you can manage.

20 electronic signature licenses to accommodate a large team.

Exclusive advanced features like drafting, contract redlining, and smart workflows.

The Premium plan transforms contract management into an end-to-end contract management process. This includes features like bulk document creation, conditional logic in drafting, and even integration with third-party software like Salesforce. It also provides access to collaboration tools that allow external parties to contribute without signing in.

Ideal for: Enterprises and large teams that require full-scale contract management software with advanced collaboration, contract automation, and drafting capabilities.

HyperStart vs. ContractWorks Premium plan: No doubt, the Premium plan includes advanced features, and users incur the standard charge regardless of whether only one or two features are used. However, HyperStart offers custom pricing tailored to specific needs. This allows for more strategic and efficient contract management solutions for large enterprises.

Along with the features in each pricing plan, ContractWorks also offers extra support options. These include an in-house Contract Tagging Service to extract valuable insights from contracts that legal experts handle. Also, it offers a Partner Program with referral options for software advisors and a Nonprofit Discount.

Explore the ContractWorks Premium Plan

Get access to advanced features like smart workflows and redlining, designed for large teams. Click below to schedule a personalized demo and see how ContractWorks can scale with your business needs.

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A detailed comparison of ContractWorks with competing solutions

Here is the table with a complete comparison of ContractWorks and its top alternatives.

Pricing AspectsContractWorksHyperStart CLMConga CLM
Free trial14 days14 days30 days (Only for the Composer)
Pricing starts atStandard Plan $700/moCustomCustom
Key featuresContract drafting, Workflow automation, AI-review, RepositoryElectronic signature, Smart import, Metadata extraction, Workflow automationAI-review, Workflow automation, Electronic signature, Third-party integrations

Let’s discuss each competitor in detail.

ContractWorks, an Onit product, offers scalable contract management solutions. The software offers a centralized, searchable repository for managing contracts to enhance visibility with automated reminders and alerts. Businesses can easily draft agreements and optimize workflows with unlimited users on every pricing plan.

HyperStart CLM uses artificial intelligence to accelerate contract management. This allows users to create, negotiate, and find contracts 80% faster. The end-to-end platform simplifies implementation to allow businesses to import and tag contracts faster. HyperStart CLM adapts to specific business needs with customizable features that enhance efficiency and reduce administrative time.

Conga CLM is one of the best contract lifecycle management tools for managing complex contract lifecycles across enterprises. This tool centralizes contract management in a single repository to facilitate collaboration and dynamic approvals. Conga CLM allows teams to enhance contract visibility and reduce legal risks.

Is ContractWorks worth the price?

Every business needs to know the value of the contract management software investment in terms of costs. Let’s help you determine whether ContractWorks delivers good value for its pricing by analyzing real user reviews from G2 and Capterra.

Many users appreciate ContractWorks for being affordable and easy to use. This makes it a popular choice among businesses like yours looking for efficient contract management solutions. Here are a few of the pricing-specific reviews.

“ContractWorks is a great tool to use. The implementation was simple, and the AI of the system was top-notch. Contracts are easily accessible and the links to Outlook are also easily accessible. It’s a cost-effective tool with easy implementation. The tool offers lots of video tutorials along with 24/7 support.”

Verified User in Biotechnology

star

“Anyone who requires a contracts management system on a tight budget should consider ContractsWorks, this software is so easy to use, super stable, and in my experience so far, it is completely error-free.”

David P., Senior Corporate Counsel

star

“The support team has been excellent and responsive. Also, the inclusion of e-signing is a great bonus and this is a really useful feature for us. We also have a lot of users, so the low and fixed cost makes this system affordable for us.”

Michael D.

star

While users praise ContractWorks for its functionality, many users highlight the affordability of its pricing structure.

Cost-effective solution: Users consistently note that ContractWorks provides excellent value for its features. This makes the software a great option for businesses looking for budget-friendly contract management.

Fixed pricing benefits: The fixed monthly pricing is seen as advantageous for several users including mostly the larger teams. This is because it allows for unlimited users without any extra costs involved.

Additional features add value: The inclusion of e-signing and responsive customer support enhances the platform’s overall value. This highlights that ContractWorks is a sensible investment for contract management.

Want an affordable CLM Solution?

Choose HyperStart for customizable contract management that fits your budget without compromising on necessary features.

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Considering a reliable alternative to ContractWorks? Try HyperStart

If you want a contract management solution that provides more flexibility and value, consider HyperStart CLM. This platform is a perfect alternative for startups for cost-effectiveness, mid-sized businesses for scalability, and enterprises for customization. HyperStart CLM combines advanced features and user-friendly functionality with competitive pricing.

Why choose HyperStart CLM?

Reduces contract administration time by 80%

Automates contract review and signing which makes the process 5X faster

Implements the system in just 3 days for rapid setup

Uses advanced AI to auto-extract metadata

Integrates easily with CRM systems, cloud storage, and electronic signature system

Offers custom and scalable pricing with a 75% faster ROI

Recently, HyperStart CLM helped Qapita switch from manual contracts to automated contracts. Qapita used HyperStart CLM’s custom pricing to streamline contract management processes through AI-driven metadata extraction and a centralized repository. Also, the rapid implementation facilitated quick adoption among team members. Here is the testimonial by their company secretary, Mayuri Jaltare.

Implementation was very smooth. Using the bulk upload feature, all contracts were integrated into the system within minutes. I was also able to see the AI extracted metadata on the tool immediately, which was impressive.

View Case Study
profile

Mayuri Jaltare

Company Secretary at Qapita

Frequently asked questions

Yes, ContractWorks provides a free demo to help users explore its features and understand how the platform works. With the demo, users evaluate the platform’s functionalities like document repository, e-signature capabilities, and automated alerts. This makes it easier for users to decide whether ContractWorks is the right choice for their business.
Here are the factors influencing ContractWorks pricing.

  • The number of contracts a company processes
  • The total number of users accessing the system
  • The selection of advanced features for specific business functions
  • Longer commitment periods
  • Choosing premium support options
  • No, ContractWorks maintains a simple and transparent pricing structure with no hidden fees. All necessary services like onboarding, training, and customer support are included in the initial pricing. This makes it easy for users to plan their budgets without unexpected charges.
    Here are the top alternatives to ContractWorks for contract management..

  • HyperStart CLM: AI-powered automation for streamlined contract management.
  • DocuSign CLM: Secure document management with advanced compliance features.
  • Conga CLM: Efficient lifecycle management for complex contract processes.
  • ContractSafe: Affordable and user-friendly contract storage solution.
  • Agiloft: Highly customizable contract management tailored to business needs.
  • Yes, HyperStart typically offers a lower pricing structure compared to ContractWorks, making it a more economical choice for smaller businesses or startups. While HyperStart covers the basics of contract management effectively, ContractWorks includes more advanced features, which contributes to its higher cost.

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