ContractRoom logo

ContractRoom

ContractRoom is a cloud-based negotiation and contract lifecycle management system that changes the way deals get done and how decisions are made. There is a clear distinction between ContractRoom and its competitors, which allows for improved business productivity and predictability. Those differentiators are: Collaboration and Control - it covers the entire process of communication, reviewing, editing, approving and tasking both internally in an organization as well as externally with counterparties. Imagine never having to play a game of email ping-pong again or decipher a redlined MSWord circulated internally and/or externally to determine the sequence in which changes had been made! Or, no long having to constantly check you are working on the correct version of a document when working with multiple parties. ContractRoom does away with all this annoyance!; Transaction and Behavior Data - it captures and leverages transaction and behavior data from the entire back-and-forth negotiation, not just final outcome. ContractRoom keeps a data record of every negotiation offer and counter on any business term or legal clause as well as tracking how long it takes (“timers”) and how many changes are made (“counters”). Once these data sets are aggregated, the system can make inferences for future deal-making and decision-making in real-time, what we call Predictive AgreementTM. So, negotiators no longer have to operate in a vacuum; instead, they benefit from the “collective intelligence” of their peers and can collaborate in a more informed way so as to achieve better business outcomes.


Status
Active
Category
Document Management and Automation
Headquarters
San Mateo, CA, USA
Founded
2002
Tags
Website
Unknown
Social

Related Companies


Origin Systems

Origin Systems is a legal and software consultancy providing niche compliance, contract drafting and risk management solutions to many of South Africa's largest companies. Our services support approximately 150,000 businesses and more than 1.75 million individuals. Larger corporate clients include Old Mutual, Sappi, Hollard, Pioneer Foods, Massmart, Tiger Brands, AVI, Distell, Oceana and Telesure. Built by lawyers, for lawyers, the systems solve the unique compliance, risk management and drafting challenges faced by in-house lawyers. Key elements include a 90% reduction in drafting time; document management; advanced reporting; data security, and reminders of upcoming contract expiries, escalation clause anniversaries and condition precedent deadlines. Uniquely, we recognise that in-house lawyers simply don't have time to implement software solutions. Our legal team therefore handles the end-to-end implementation of the solutions - tailored to the specific contract precedents, circumstances and challenges of the client. For the full story, see www.originsystems.co.za.


Aerofiler Pty Ltd

Aerofiler is for In-house legal teams who need to create, approve, file and track contracts. Aerofiler combines a best-in-class contract repository, an intuitive templating engine and powerful approval workflows.


Ontoris

Ontoris offers a flexible platform tailored for corporate legal, risk, and compliance operations. The platform was conceived to help organizations streamline complex processes, ensure regulatory compliance, and manage risks with greater efficiency. Ontoris supports a wide array of risk, compliance and legal functions, making it a versatile solution for organizations of all sizes. A range of ready-to-use modules is provided by Ontoris, allowing businesses to start benefiting immediately. User-configurability is at the core of Ontoris, enabling the platform to adjust to the processes and requirements of enterprises, ensuring an ideal match for any specific needs. This adaptability ensures that the platform can evolve alongside changing regulatory landscapes and organizational requirements and enables professionals to implement changes swiftly and to optimize processes based on their own domain expertise. With a focus on scalability, innovation, customer collaboration and dedicated support, Ontoris ensures that businesses have the tools and flexibility they need to stay ahead in a constantly evolving regulatory landscape, enhancing both compliance and operational efficiency.


Synergist.io

synergist.io is a simple platform to negotiate contract terms. Users can make offers, track deal progress and resolve disagreements.


smartwork solutions GmbH

SMASHDOCs is a web-based word processor that makes it extremely easy and fast to create, revise and negotiate legal documents. Smart version control Instead of creating countless versions of a document, SMASHDOCs saves all proposed changes, decisions and comments paragraph-by-paragraph in just one single document. Version chaos is now a thing of the past – finally. Smart redlining SMASHDOCs knows which changes and comments are new to a user and automatically highlights them for him - even when multiple users are editing a document simultaneously. Cumbersome version comparisons are no longer necessary. Smart Word integration Send out a Word document if some people don’t work with SMASHDOCs. If you get a new Word version from them, simply re-import it into your SMASHDOCs document and save the changes. Smart reporting Do a contract review within seconds by comparing any number of documents and creating a synopsis report showing changes to every paragraph.