ContractWorks
Stop losing time, money, and opportunities to contract chaos.
Executive Summary
ContractWorks, a product by Onit, Inc., is a comprehensive contract management software designed to eliminate inefficiencies and risks associated with contract chaos. It provides an end-to-end solution for managing the entire contract lifecycle, from secure document storage and e-signatures to advanced monitoring and stakeholder communication. The platform empowers legal teams and contract managers to streamline operations by enabling instant information retrieval, automated workflow management, and proactive milestone tracking. With the recent introduction of generative AI capabilities, ContractWorks further enhances user impact by facilitating smarter contract creation, review, and analysis. Built on the OnitX platform, ContractWorks integrates seamlessly with external systems like CRMs and Oracle, ensuring data consistency and improved collaboration across departments. It offers a robust, secure environment with SOC 2 Type 2 and HIPAA compliance, supporting organizations in meeting their regulatory obligations, including GDPR.
Use Cases
- Streamline contract creation and execution with e-signatures.
- Instantly find and retrieve specific contract information.
- Monitor critical contract milestones and deadlines.
- Automate key contract workflows and approval processes.
- Ensure compliance with regulatory requirements like GDPR and HIPAA.
Features
Visibility
- Instant Information Retrieval: Quickly find specific contract information and clauses.
- Milestone Monitoring: Track and manage key contract dates, obligations, and renewals.
Intelligence
- Generative AI for Contracts: Leverage AI to enhance contract creation, review, and analysis.
- AI-driven Reviews: Automate and streamline contract review processes using AI for efficiency and accuracy.
Support
- Customer Support: Access to customer success and support resources for assistance.
- Implementation & Training: Expert support for seamless platform setup and comprehensive user training.
Technical Specifications
- Architecture
- Built on the OnitX platform, part of the broader Onit Unity legal operations platform.
- Deployment
- SaaS
- API Available
- Yes
AI/ML Stack
- Generative AI
- AI-powered contract lifecycle management
- AI-driven contract extraction
- AI-native auto-tagging
Integrations
- Oracle
- CRMs
Security & Compliance
Certifications: SOC 2 Type 2, SOC 1 Type 2, HIPAA
Encryption: Secure storage and transmission encryption
Pricing
- Model
- Package-based subscription
- Starting Price
- $700/month
- Target Customer
- SMB,Mid-Market,Enterprise
- Contract Type
- Subscription
- Free Trial
- Yes
About Onit, Inc.
Onit is a global leader in AI-native legal operations solutions, providing a centralized platform that enhances enterprise legal management (ELM), contract lifecycle management (CLM), and workflow efficiency for legal, compliance, sales, IT, HR, and finance departments. Its platform helps corporate legal teams streamline intake, manage matters and vendors, track legal spend, and improve operational visibility through reporting and integrations.
Alternatives to ContractWorks
- Coupa CLM by Coupa — Centralize, standardize, and optimize your contract lifecycle for better business outcomes.
- DeepJudge Negotiation Intelligence by DeepJudge — Instant analysis of opposing counsel's position using your firm's negotiated documents.
- DocuSign Clickwrap by DocuSign — Streamline website terms and policy agreements with trackable, legally binding clickwraps.
- DocuSign CLM Essentials by DocuSign — Simplify contract management for growing organizations.
- DocuSign Maestro by DocuSign — Automate agreement workflows to accelerate contract creation, approvals, and finalization without coding.
- DocuSign Navigator by DocuSign — Centrally store, manage, and analyze agreements with AI-powered intelligence.
- Elevate ELM for Contracts by Elevate Services, Inc. — AI-powered contract lifecycle management software for legal teams.
- eNegotiate Module by Gatekeeper (Contract & Vendor Management) Ltd — Microsoft Word®-compliant contract authoring with template library and redline capabilities.