Well design CLM tool for digitalizing contract process.
Overall Satisfaction with Ironclad
The scope was digitalizing contracting processes
from initiation through review, approval, execution, and renewal/expiry to streamline the contracting processes, eliminate the inefficiency of email-based communication and visualize all contract process status. Users can optimize the contracting
process and also can limit an organization’s exposure to risk by reducing
missed obligations and increasing compliance with contractual requirements.
from initiation through review, approval, execution, and renewal/expiry to streamline the contracting processes, eliminate the inefficiency of email-based communication and visualize all contract process status. Users can optimize the contracting
process and also can limit an organization’s exposure to risk by reducing
missed obligations and increasing compliance with contractual requirements.
Pros
- Very flexible workflow design tool.
- Functions are fine-tuned but not too much.
- Easily understandable product which user can handle.
Cons
- Contract link feature in the case of amendment/addendum.
- Auto document retention feature (expiration and deletion).
- Increased employee efficiency.
- Easily supervised contract application status.
- Easily managed active/inactive contracts.
Ironclad is a well-designed product, especially for a very configurable workflow designer and team collaboration feature. In addition, DocuSign has a critical issue, which is a multi-instance account issue. If you have multiple contracts with DocuSign including design and CLM and you use the same email address and password, you cannot tell which instance you log on to. Therefore, if we use the instance separately, we have to use a different password for the same email address. It's very confusing.
Do you think Ironclad delivers good value for the price?
Yes
Are you happy with Ironclad's feature set?
Yes
Did Ironclad live up to sales and marketing promises?
Yes
Did implementation of Ironclad go as expected?
Yes
Would you buy Ironclad again?
Yes
Comments
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