Blog
Darren Stewart
September 14, 2024

Top 10 Best B2B SaaS Contract Management Software

Contract management is crucial for B2B organizations, ensuring compliance, reducing risk, and streamlining workflows. SaaS contract management software allows businesses to efficiently handle every stage of contract lifecycles—from drafting to renewals—without the need for manual paperwork.

Contract management is crucial for B2B organizations, ensuring compliance, reducing risk, and streamlining workflows. SaaS contract management software allows businesses to efficiently handle every stage of contract lifecycles—from drafting to renewals—without the need for manual paperwork. With several tools available, choosing the right one for your business can enhance productivity and mitigate legal risks. Here’s a detailed list of the top 10 B2B SaaS contract management software to help you find the best solution.

1. DocuSign CLM

DocuSign CLM is one of the most popular tools for contract lifecycle management. It offers robust capabilities that allow businesses to streamline contract generation, review, and approval processes.

Key Features

Why We Chose It

DocuSign CLM stands out for its seamless integration with other business systems and its powerful automation capabilities. It's especially well-suited for large businesses with complex contract workflows.

Pricing

DocuSign CLM offers custom pricing depending on the features required, starting around $40/user/month.

2. PandaDoc

PandaDoc is known for its user-friendly interface and wide array of document management features, making it ideal for growing businesses looking for an all-in-one solution for contracts and proposals.

Key Features

Why We Chose It

PandaDoc offers a very intuitive user experience with excellent collaboration features, making contract management more accessible to smaller teams without sacrificing powerful capabilities.

Pricing

Pricing starts at $19/user/month for basic features and scales with advanced features.

3. Icertis Contract Management

Icertis is a highly configurable and AI-driven contract lifecycle management platform designed for enterprise-level businesses with complex contracting needs.

Key Features

Why We Chose It

Icertis is ideal for companies that need more advanced AI functionalities and want to proactively manage risks. Its advanced analytics make it stand out from competitors.

Pricing

Custom pricing, typically targeting enterprise clients.

4. ContractWorks

ContractWorks is a simple, scalable contract management solution that focuses on ease of use and rapid deployment, making it perfect for teams that want to get up and running quickly.

Key Features

Why We Chose It

ContractWorks is a straightforward, affordable solution for businesses that need fast implementation and don’t require the complex features of larger platforms.

Pricing

Starts at $600/month for up to 10 users.

5. Concord

Concord is an all-in-one contract lifecycle management tool that aims to simplify and accelerate the entire contracting process from negotiation to execution.

Key Features

Why We Chose It

Concord’s unlimited eSignatures and easy-to-use collaboration tools make it a cost-effective choice for small and mid-sized businesses that need a comprehensive yet affordable solution.

Pricing

Starts at $17/user/month.

6. Agiloft Contract Management Suite

Agiloft is an enterprise-level contract management solution known for its extreme configurability, allowing businesses to tailor it to their specific needs without needing to code.

Key Features

Why We Chose It

Agiloft’s flexibility makes it perfect for businesses with highly specific contract workflows or those that need a solution tailored to niche industries.

Pricing

Custom pricing available on request.

7. Gatekeeper

Gatekeeper is a visually intuitive contract and vendor management solution, designed to help businesses manage their contracts and suppliers in one place.

Key Features

Why We Chose It

Gatekeeper’s visually appealing interface and combined vendor-contract management capabilities make it a standout choice for procurement-heavy organizations.

Pricing

Starts at $775/month.

8. Ironclad

Ironclad is an AI-powered contract lifecycle management tool that focuses on streamlining business contracting and reducing bottlenecks through automation.

Key Features

Why We Chose It

Ironclad’s modern interface and AI-driven contract creation make it perfect for fast-growing businesses that need to automate contract processes without compromising quality.

Pricing

Custom pricing available upon request.

9. Outlaw

Outlaw is a modern contract management tool with strong collaboration features and a unique approach to contract templates, allowing teams to streamline the entire lifecycle.

Key Features

Why We Chose It

Outlaw is perfect for teams that need to standardize their contract templates but also require flexibility in negotiation and approvals.

Pricing

Starts at $125/user/month.

10. SpringCM

SpringCM (a part of DocuSign) is a cloud-based document management and contract lifecycle tool, offering advanced automation capabilities to streamline complex workflows.

Key Features

Why We Chose It

SpringCM is highly efficient in automating document-heavy workflows, making it ideal for businesses that need more than just contract management.

Pricing

Custom pricing, generally starts at $25/user/month.

3 Main Benefits of B2B SaaS Contract Management Software

  1. Enhanced Compliance: Automation tools reduce manual errors and ensure that contracts comply with regulations.
  2. Improved Efficiency: Streamlined workflows, automated approvals, and eSignature capabilities drastically speed up the contract lifecycle.
  3. Better Visibility and Control: Centralized contract storage and real-time analytics provide better oversight and management of contractual obligations.

Common FAQs about B2B Contract Management Software

1. What is contract lifecycle management (CLM)?

CLM refers to the management of contracts from the initial drafting to negotiation, execution, and renewal. It involves automating and optimizing every step to ensure efficiency and compliance.

2. How does SaaS contract management software improve business operations?

SaaS tools automate workflows, reduce the risk of errors, and provide real-time insights, ensuring faster contract turnaround times and better compliance.

3. Are these tools secure?

Yes, most B2B contract management solutions include encryption, role-based access control, and audit trails to ensure the highest levels of security.

Conclusion

Choosing the right B2B SaaS contract management software can drastically improve your company's efficiency and compliance. From simple solutions like ContractWorks to AI-driven platforms like Icertis, there’s a wide variety of tools to suit every business's needs. Make sure to choose based on your organization’s specific workflow, scalability requirements, and budget.

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