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ContractZen Review

ContractZen
Our score: 8.5 User satisfaction: 97%

What is ContractZen?

ContractZen is a complete governance suite to streamline enforcing strong Governance, Risk & Compliance (GRC) practices.

It comes with a unique set of governance tools, such as entity management, board meeting management, virtual data rooms, and integrated e-signature features. With its secure and easy-to-use document repository, ContractZen allows you to store and organize all important documents in one place.

As an all-inclusive governance suite, ContractZen lets you manage all your documents easily and securely on multiple devices. It leverages a metadata-driven service, which makes it easier for you to access the necessary information and documents that you need. By using metadata to categorize all your documents, you can easily organize your files and find them quickly the next time you need them.

In addition, ContractZen offers a virtual data room service that lets you store confidential documents, contracts, and data and share them with clients, partners, and other external third parties. With just a few clicks, you can create a secure data room for you and your clients and give everyone access to important documents, contracts, or meeting minutes. This is especially handy for businesses that need to process tax and data privacy regulations, takeover bids, fundraising rounds, and IPO opportunities.

ContractZen also integrates with a wide number of e-signature providers that are fully compliant with European Union and United States legal regulations, such as Adobe Sign, DocuSign, and SignHero. This means you can instantly sign meeting minutes, contracts, and other documents through the platform in just a few clicks. ContractZen also ensures the security of your signed documents using powerful and world-class data encryption.

It also has the SmartIndex module, which is an essential tool for organizations, efficiently managing and sharing critical information through multi-dimensional indexing. It streamlines compliance, regulatory audits, and due diligence by enabling swift access to vital data.

Ideally priced for SMBs and non-profit organizations, ContractZen’s Governance Suite costs $9.50/month/user and it includes contract management, board portal, entity management, and 30 days of VDR Basic. For longer due diligence processes, VDR Basic can be purchased for $9.80/month and it includes 5 users, whereas for more robust needs VDR Pro can be purchased for $49/month and it includes 50 users and fine-grained access control with Access Groups.

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Overview of ContractZen Benefits

Easy-to-Use Governance Software

ContractZen boasts of an easy-to-navigate governance platform that guarantees a great user experience. Powered by state-of-the-art technology, the software offers a wide range of user-friendly features to help you get through your entire contract management lifecycle. The software also provides plenty of handy features for document signing and document management.

Ready-to-Use, Fully Scalable Solution

As a Microsoft Azure-based platform, ContractZen does not require installations, technical implementation projects, and costly IT support. Upon subscription, you can instantly deploy ContractZen to kickstart your contract and document management processes. The platform also guarantees global data availability, reliable backup, and high-level security for your contracts and other important documents.

Intelligent Document Generation

ContractZen lets you automate document creation processes and workflows with the help of AI-powered OCR, metadata-driven libraries, and built-in virtual data rooms. Integration with DocFusion also allows you to create intelligent templates and documents from scratch and manage all of your content and processes in one place.

Optimized Entity Management

With ContractZen, you can effortlessly manage and optimize access to your corporate records and track ownerships, subsidiaries, procuration rights, and more. The software’s entity management features allow you to keep all your subsidiary information up-to-date and accessible to the right persons in your team. ContractZen also comes with a powerful search engine feature that lets you find files, documents, and other important information in mere seconds.

Efficient Board Management

Another unique capability of ContractZen lies in its board management feature, which enables you to arrange and manage meetings for private, public, and non-profit organizations. Tools like meeting scheduler, task management, invites, and reminders make it easier for you to monitor all your scheduled board and executive meetings.

Reliable security

ContractZen uses RSA 256 encryption to ensure that all contracts and documents you upload to the platform are safe from potential data breaches. Since the software runs on Microsoft’s Azure cloud computing platform, all your information and data are protected and covered by EU data privacy laws.

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Overview of ContractZen Features

  • Contract Management
  • Visual Tagging for Easy Categorization
  • Meeting Management
  • Document Linking
  • Financial, Administrative & HR Document Management
  • Metadata-Driven Search Across All Categories
  • Company Register with Corporate Hierarchy View
  • Audit Trail
  • Multiple e-Signature Services
  • Automatic Backups to Multiple Physical Servers
  • Datarooms (VDR) for secure sharing
  • Extensive File Type Support
  • Touch and Mobile Optimized
  • Flexible Permission Management
  • Clearly Defined Set of Metadata for Each Category
  • Unlimited Number of Documents
  • Drag-And-Drop File Upload with Automated Metadata Form creation
  • Excel Export
  • Easy File Upload by Email
  • Document Timeline for Team Discussions
  • Multiple Search Methods with Advanced Filtering
  • Native iPhone/iPad App
  • Dynamic Folder View Based On Metadata
  • Saved Searches Feature
  • Automated & Recurring Email Reminders
  • All Documents Encrypted Using RSA 256 Encryption
  • Unlimited Custom Tags for Flexible Categorization
  • Enhanced User Experience with Different Color Themes and Backgrounds
  • Connection to the Service Encrypted with Symantec SHA 256 RSA SSL With Extended Validation
  • Azure servers are Located in the Netherlands with strong EU Data Privacy Laws

What Problems Will ContractZen Solve?

Problem #1: Lost contracts and forgotten renewal dates

Companies don’t know where their important contracts and documents are and they don’t remember to renew them or adjust them prior to renewal. ContractZen’s secure and easy-to-use contract repository with Microsoft Computer Vision-powered search capabilities allows companies to find their contracts quickly and easily, on top of which the automatic and recurring email reminders ensure no renewal is forgotten.

Problem #2: Scattered board meeting materials, tasks, and minutes

Meeting processes have become increasingly complex with today’s remote work ethos. Being able to find a suitable time for the meeting, creating and getting board meeting agenda approved, managing meeting-related tasks, and getting meeting minutes signed, not to mention stored securely so that they can be found.

With ContractZen’s board portal, companies can manage the entire meeting process from assembling the meeting to creating, approving, and e-signing the minutes. The user can enjoy easy invitations, secure material distribution, intuitive task management, powerful search with OCR, and more. And by having the board portal part of the contract management repository and built-in VDR, companies don’t need to worry about compiling signed meeting minutes from here and there in the case of due diligence.

Problem #3: Being unprepared for due diligence and time-consuming due diligence process

Due diligence is traditionally a cumbersome, time-consuming process – but it doesn’t have to be. With traditional data rooms, companies can’t necessarily share their contracts safely and swiftly due to which they lose money and time—not to mention existing virtual data room services are highly expensive. ContractZen on the other hand offers a disruptively affordable and secure way to share important documents through its VDR.

There are lots of service providers who offer due diligence-related services, such as contract management, meeting management, entity management, and virtual data rooms separately. ContractZen, on the other hand, brings these crucial features together and offers them in an all-inclusive, secure, and easy-to-use software. In this way, your company has immediate readiness for due diligence during situations such as M&A and audits.

ContractZen Position In Our Categories

Since businesses have particular business demands, it is only logical they steer clear of going for an all-encompassing, ideal solution. Regardless, it would be difficult to stumble on such an app even among well-known software systems. The logical step to undertake is to set down the different critical factors that necessitate investigation like critical features, packages, technical skill ability of staff, business size, etc. After which, you should perform your product research fully. Browse through these ContractZen evaluations and look into each of the applications in your list more closely. Such all-encompassing product investigation can make sure you avoid mismatched apps and buy the one which includes all the function your business requires to achieve growth.

Position of ContractZen in our main categories:

TOP 200

ContractZen is one of the top 200 Collaboration Software products

TOP 20

ContractZen is one of the 20 Contract Lifecycle Management (CLM) Software products

TOP 50

ContractZen is one of the top 50 Office Software products

TOP 20

ContractZen is one of the 20 Virtual Data Room Software products

There are trendy and widely used applications in each software category. But are they automatically the best fit for your company’s unique needs? A trendy software application may have thousands of customers, but does it present what you require? For this reason, do not blindly shell out for popular systems. Read at least a few ContractZen Contract Lifecycle Management (CLM) Software reviews and consider the elements that you desire in the software such as the price, main functionality, available integrations etc. Then, choose a few systems that fit your needs. Try out the free trials of these products, read online comments, get explanations from the seller, and do your homework thoroughly. This exhaustive research is sure to assist you select the best software application for your firm’s unique wants.

How Much Does ContractZen Cost?

ContractZen Pricing Plans:

Free Trial

Governance Suite

$9.50/user/month

VDR Basic

$9.80/month (5 users)

VDR Pro

$49/month (50 users)

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What are ContractZen pricing details?

ContractZen Pricing Plans:

Free Trial

Governance Suite

$9.50/user/month

VDR Basic

$9.80/month (5 users)

VDR Pro

$49/month (50 users)

ContractZen is available in three pricing packages: Standard, Package Deal, and Enterprise.

Standard: $9.50 / user / month (billed annually)

  • Unlimited number of documents
  • All-digital meeting management
  • 50 GB storage space (more can be purchased)
  • Virtual data rooms
  • Metadata-driven contract management
  • E-signatures by leading providers
  • Email forwarding into ContractZen
  • Full-text search with OCR powered by Microsoft AI platform
  • Ready-made set of metadata for each category
  • Automated & recurring email reminders
  • Touch and mobile optimized
  • Multifactor authentication (MFA)

Package Deal: $1,800 / month  (billed annually)

  • Everything in Standard Plan, plus
  • 1TB storage space
  • Subsidiary structure
  • Customer specific theme (logo+color)
  • Custom metadata fields
  • Enterprise-wide user management
  • Shared email inbox
  • 4 account data exports per year included
  • Access groups for detailed access control
  • API
  • 15 virtual data rooms (10 Basic VDR & 5 Pro VDR)
  • Designated customer success manager

Enterprise: By quote

  • Everything in Package Deal Plan
  • Personalized support and training
  • Proprietary domain integration
  • Customizable plan with bespoke pricing model tailored for your organization
  • Integration services
  • Migration and onboarding assistance

User Satisfaction

Positive Social Media Mentions 38
Negative Social Media Mentions 2

We are aware that when you choose to get a Contract Lifecycle Management (CLM) Software it’s crucial not only to see how professionals score it in their reviews, but also to check if the real people and businesses that use this software are actually happy with the product. That’s why we’ve devised our behavior-based Customer Satisfaction Algorithm™ that aggregates customer reviews, comments and ContractZen reviews across a broad array of social media sites. The information is then displayed in an easy to understand way indicating how many people had positive and negative experience with ContractZen. With that information available you will be ready to make an informed business decision that you won’t regret.

Video

Screenshots

Technical details

Devices Supported

  • Android
  • iPhone/iPad
  • Web-based

Deployment

  • Cloud Hosted

Language Support

  • English

Pricing Model

  • Annual Subscription
  • Quote-based

Customer Types

  • Small Business
  • Large Enterprises
  • Medium Business

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

What integrations are available for ContractZen?

  • Microsoft 365
  • Microsoft Teams
  • Docfusion
  • Adobe Sign
  • Assently
  • DocuSign
  • SignHero
  • Visma Sign
  • Google SSO
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Jenny Chang

By Jenny Chang

Jenny Chang is a senior writer specializing in SaaS and B2B software solutions. Her decision to focus on these two industries was spurred by their explosive growth in the last decade, much of it she attributes to the emergence of disruptive technologies and the quick adoption by businesses that were quick to recognize their values to their organizations. She has covered all the major developments in SaaS and B2B software solutions, from the introduction of massive ERPs to small business platforms to help startups on their way to success.

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