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Why choose SpotDraft over IronClad or DocuSign CLM?

When Ani Bhat, General Counsel at HealthEC, described SpotDraft as the Ironman Suit for the In-house counsel, he was referring to how the SpotDraft platform allows him to automate routine tasks - thereby allowing him to focus on higher leverage activities.
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SpotDraft vs Ironclad vs DocuSign

SpotDraft
SpotDraft allows companies to scale legal throughput without adding more headcount. Teams can configure custom workflows and collaborate internally to process contracts faster and more accurately.
IronClad
IronClad, a once modern digital contracting platform, has now become prohibitively expensive and still does not offer native support for a vital part of the contracting flow - signing.
DocuSign
DocuSign CLM suffers from a nightmarishly long implementation cycle, poor support, and a clunky user experience, as reported by several customers.

Top reasons to choose SpotDraft over IronClad and DocuSign CLM

Instant ROI

The IronClad team takes a minimum of two months to operationalize your first workflow. With DocuSign CLM, you will be working with an outside vendor for the implementation, often leading to unplanned costs and unpredictable timelines. With SpotDraft, you will get up and running in the first few weeks - a far more immediate ROI.

Deep Insights into your Contract Workflow

Unlike our competitors, SpotDraft provides deep insights into the contracting workflow via its flagship contract-specific analytics solution - SpotInsights. You will be able to answer questions like “How long was a contract with the counterparty vs. my team?”. These insights will improve the contracting process and make the entire business more efficient.
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Competitively Priced

SpotDraft is the frontrunner when it comes to value for money. We believe in enabling your entire business at a fraction of the cost that other competing solutions charge.

Increasing legal capacity without increasing headcount

Onboarding a modern CLM solution will streamline and operationalize the routine work - thereby allowing you to do more with less. With SpotDraft, our customer success team will help you drive adoption across your organization, thereby enabling you to focus on the highest leverage activities.

Better adoption by integrating with your company’s Tech stack

Most CLM implementations by companies like IronClad and DocuSign CLM fail because the business stakeholders often do not adopt the new solution. SpotDraft solves this problem by integrating with your business teams’ tools, which, in turn, leads to faster adoption and greater efficiency across the entire organization.
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"Great product and great team!"

I've really enjoyed work with the Spotdraft team. We switched to SpotDraft as other CLM's functionality were clunky and not intuitive.
Leslie Ann L, Associate Counsel, Commercial | Buoy Health

Industry-leading Customer Support across all Plans

Our competition, IronClad and DocuSign CLM, provides white-gloved customer support - but at a cost. We believe that exceptional customer support is critical to the success of any new software rollout - and we offer this at no cost. We set up shared chat channels (Slack, Teams, Whatsapp) with our customers to collaborate and solve their problems in near real-time.

Flexible Hosting across Geographies

SpotDraft is the ONLY modern contract management solution in the market that allows the customer to pick the region where they want their data hosted. With IronClad and DocuSign CLM, your data (by default) is hosted in the US, which may or may not meet the regulatory requirements where your company is based.

Feature Comparsion

SpotDraft
IronClad
DocuSign
Contract Templates
Templatizing high-volume contracts so that the business team can work independently of legal teams.
5/5
3/5
1/5
Conditional Language Generation
SpotDraft templates allow for more than just form-filling values into a template. With our proprietary templating language, you can use if/else conditions and even compute values to generate contracts that meet your requirements.
-
DocX Generation
Contracts generated from a template on SpotDraft can be downloaded as a Word document very easily.
Support for Tables + Images
SpotDraft templates are 100% compatible with MS Word. Anything you can do in word can be templatized on SpotDraft.
-
-
Support for company’s brand guidelines
-
-
Self-serve Contract Templates
-
Contract Workflows
Defining contract specific workflows allows you to streamline the contracting and business process.
6/6
4/6
4/6
Configurable Workflows
Pre-configured Approvals
Set predefined rules on when and under what conditions approvals need to be collected during the contracting workflow.
Adhoc Approvals
Collect an adhoc approval for non-standard contracts on a case-by-case basis.
-
Counterparty Collaboration
Allow for the counterparty to collaborate on the platform itself to get your contracts executed faster.
-
-
Audit Trail
Record all actions that happen on a contract in a tamper proof audit trail.
Bulk Send Contracts
Trigger contracts to a large set of counterparties in one-go. Think of it as a mail-merge for your contracts.
-
Contract Editor
Editor purpose built for reviewing contracts that is fully interoperable with MS Word.
8/8
4/8
1/8
100% Word Compatible Editor
-
-
Support for basic word formatting
Font formatting + styling and bullet points.
-
Support for tables, images + more complex formatting
Tables, images, headers and footers.
-
-
Scoped Comments
Allow for users to distinguish between comments for their team vs. the counterparty.
-
Definition Service
See definition text in the context of where it is referred.
-
-
Error Service
Quickly identify drafting errors in the contract with a click of a button.
-
-
Comparison on Demand
Run a blackline between two different versions of a contract on demand.
-
Auto-versioning
Automatically create new contract versions when edits are made or when approvals are collected.
Contract Review
Assigning contracts for legal review when needed.
3/3
2/3
0/3
In-browser Review
Contract review and redlining can happen on the browser itself.
-
Assign for Legal Review
Directly request review from the legal team.
-
Tracking Review Requests
-
-
Contract Execution
Collect signatures on a contract
2/2
1/2
1/2
In-built e-Signature Solution
Documents are cryptographically encrypted on execution and fully compliant across India, Europe, US, Singapore and Australia.
-
Integrations with popular e-Sign Solutions
Supports integration with DocuSign, Adobe Sign, Hello Sign
-
Search
Run custom queries to find the relevant contracts
3/3
3/3
1/3
Search by pre-defined metadata
Supports integration with DocuSign, Adobe Sign, Hello Sign
Search by custom metadata
Allows for search by user defined contract-specific metadata such as notice period in case of SLA breach etc.
-
Search by contract language
Allows for full-text search across all contracts in the repository
-
Post-Execution Contract Management
Staying on top of the rights and obligations associated with executed contracts
5/5
5/5
2/5
Contract Specific Key Pointers
Key terms associated with the contract are available to allow for users to not have to go through the contract over and over again.
Renewal Reminders
Automated reminders 90 days before the contract is about to expire to ensure renewal deadlines are not missed.
-
User-defined Contract Notes
Record reasons for agreeing to certain deviations etc. on the platform itself.
-
Automated Metadata Extraction
Auto-Extract key metadata associated with the contract such as expiration date, term of the agreement and much more.
-
Historical Contract Import
Easily import contracts executed outside the platform.
Access Control
Specifying team level and user level access con a contract
3/3
1/3
2/3
User Level Access Control
Team Specific Access Control
Specify which teams in your organization can access the different contracts on the platform.
-
-
Organization Entity Specific Access Control
Specify access to contracts based on the organization entity associated with the contract.
-
Analytics & Insights
Deep insights into the contracting workflow to help discover bottlenecks and showcase performance
2/2
1/2
1/2
Contract Workflow Analysis
Specify access to contracts based on the organization entity associated with the contract.
-
-
Team Performance Analysis
Insights on the number and types of contracts being processed by different members of the legal team.
Implementation
Getting the product up-and-running in your organization
Best-in
class
Time to first workflow
2 weeks
6 weeks
6 months
Cost
Free with SpotDraft license
Additional cost above license cost
Additional cost above license cost
Performed by
Internal Team
Internal Team
External vendor
Support
Best-in
class
Email Support
Phone + Chat + Video Support
Available at an
additional cost
Available at an
additional cost
Dedicated Customer Success Manager
Available for all SpotDraft Customers
Available at an
additional cost
Not available
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The Fastest Growing CLM for Growth Minded Customers

Optimizing the contracting process within a business becomes critical when a company enters its growth phase. Getting a contract reviewed faster by a day could make your business’ quarter.

With SpotDraft, you have a partner who will provide you the necessary tools to streamline the contracting process at a very affordable price - because we know that spending USD 100K+ on one of our competitors is not justifiable early on.

Unlike DocuSign CLM and IronClad, SpotDraft was designed from the start to help businesses of all sizes grow, from fast-growing startups to Fortune 500 giants.
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“SpotDraft streamlines our workflows so we can focus on true legal requests, not the repetitive general requests that can be resolved via standard fallbacks and appropriate approvals. Everything simply works, the team is open to feedback, and the team is constantly improving the product!”
Taylor Smith
|
Contract Manager
,
PostScript
Xavier L. -Beamery General Counsel
Great product with an outstanding team! SpotDraft is a very agile company who is hungry to build a category leading product. As a customer that comes across very positively. The product has a huge potential.
Xavier L.
|
General Counsel
,
Beamery
Axelle -Consultant in Strategy of IDfy
SpotDraft provided the simplicity and flexibility we were looking for and the pricing is better compared to others. The first connection with the team felt more reassuring. They are extra, providing such a good support to clients.
Axelle
|
Consultant in Strategy
,
IDfy
Cory L. - VP, Legal & Data Privacy Officer of Bouy Health
I'm a big fan of SpotDraft! The SpotDraft platform and features are intuitive, making the contract process (mission-critical) more enjoyable. The UX is a delight. The SpotDraft team provides an excellent, collaborative service to support customers.
Cory L.
|
VP, Legal & Data Privacy Officer
,
Buoy Health
David Levanon - Senior Director and Head of Revenue Operations of Chargee
The SpotDraft team has been more than amazing in helping us evaluate their platform and getting it ready for launch. Their product answers our needs and requirements and will grow with us as we continue to scale our organization.
David Levanon
|
Senior Director and Head of Revenue Operations
,
Chargebee
Ben Bowden - COO and General Counsel of Zai
The specific problem we were looking to Spotdraft to solve was to provide a single, secure and easily searchable repository of all our contracts. Spotdraft has solved that problem for us. But it has also brought significant additional benefits, particularly around the execution of template contracts.
Ben Bowden
|
COO and General Counsel
,
Zai
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