12 Best Contract Management Tools in 2025 | Buyer’s Guide

June 23, 2025
7:55 pm

6 min read

Today’s most forward-thinking businesses treat contracts as strategic assets not just paperwork.

With the right system in place, contracts can drive faster decision-making, strengthen partnerships, and create a seamless flow between legal, sales, procurement, and operations. That is where contract management tools shine.

Contracts are the foundation of every deal, every partnership, every dollar earned.

In fact, the business world is growing at fast. As per Grand View Research suggests projects that the global contract management software market was valued at $2.83 billion in 2024, and it’s only just begun. With a projected CAGR of 12.7% from 2025 to 2030, adoption is accelerating across industries.

Why? Because today’s leaders aren’t just looking to store documents. They want control. Automation. Speed. Compliance. Visibility.

With dozens of platforms flooding the market each promising to simplify your workflows and slash your risks how do you choose the one that delivers? We have done the thorough research that not only performs but provides actual needs for a business.

In this guide, you’ll find the top 12 contract management tools for 2025 evaluated not by hype, but by what matters. Let’s get you back in control.

What Is Contract Management Tools? (Simplified Definition)

A contract management tool is software that allows businesses to draft, organize, review, and monitor contracts from a single, user-friendly platform. Instead of using emails, spreadsheets, or paper files, this tool keeps everything organized and makes sure you never miss important dates like renewals or deadlines.

It also allows teams like legal, sales, HR, or finance to work together on contracts without confusion. Users can even sign contracts digitally and set up reminders, so nothing is forgotten.

Who Uses Contract Management Tools

Contract management tools are adopted by multiple departments within an organization to manage agreements. While they are often associated with legal teams, they bring value to any function that handles agreements, approvals, or key business relationships.

1) Legal Teams

Mid-sized companies with in-house tech teams typically invest around $1 million on legal technology solutions. Legal teams are among the primary users of contract management tools.

These tools help legal professionals manage contracts more efficiently by organizing all documents in a central place, tracking version changes, setting up contract approval process, and ensuring legal compliance.

2) Procurement teams

The procurement department rely heavily on contract management tool. They often work with multiple suppliers, service providers, and vendors. These tools assist legal teams in monitoring supplier contracts, managing delivery schedules and tracking contract terms.

3) Sales teams

Sales teams leverage contract lifecycle management tool to speed up deal closures.

Sales reps can quickly generate proposals and agreements using templates, send them for approval or signatures, and keep everything aligned with the system.

Instead of chasing down paperwork, the sales team can focus on closing deals and maintaining relationships with clients.

4) HR departments

They benefit from contract tools by streamlining employee documentation. Whether it’s offer letters, freelance agreements, or confidentiality forms, HR teams can manage everything in one secure place. The software ensures that contracts are up to date, easily accessible.

5) Finance teams

Finance teams use contract management tools to track contract terms linked to payments, billing, and revenue commitments.

These tools help finance professionals ensure that contracts are aligned with budgets and forecasts.

They also make it easier to identify upcoming renewal costs, track spending, and prepare for audit.

Why Implementing Contract Management Tools is Important

According to a Wolters Kluwer report, 76% of legal teams now use generative AI tools at least once a week. Contract management is a critical function in every organization, regardless of size or industry. As businesses grow, so does the volume and complexity of contracts from vendor agreements and client proposals to internal HR documentation.

Managing these manually or through disconnected systems can lead to missed deadlines, lost documents, compliance issues, and costly errors.

Implementing a robust contract management tool helps mitigate these risks by centralizing all contracts in a secure, organized environment.

With features such as automated reminders, streamlined contract workflows, and version control, teams can ensure nothing slips through the cracks.

Key stakeholders gain real-time visibility into the status of each agreement, improving accountability and operational efficiency.

Beyond risk reduction, the right software enables smarter decision-making and faster execution. It supports scalability by creating repeatable, trackable processes that grow with your business.

Investing in the right tool empowers your team to work with greater confidence, agility, and control.

Best 12 Contract Management Tools

Choosing the right contract management tools can be the difference between smooth operations and costly delays. After testing dozens of platforms, we have narrowed it down to the 12 best tools that combine usability, automation, and legal compliance perfect for teams that want more control, fewer risks, and faster contract cycles.

1) CLM 365

CLM 365 has earned the confidence of organizations aiming to bring clarity and control to their contract workflows. Our users choose CLM 365 for one compelling reason it makes complex processes remarkably simple.

Seamlessly integrated with Microsoft tools like Outlook, Teams, and SharePoint, CLM 365 becomes a natural extension of the systems your team already uses. There is no need for extensive onboarding just immediate efficiency from day one.

Standout Features

Smarter contract management with CLM 365 – No AI Tax

Get contract work done faster using built-in AI and smart automation.

Track obligations in real-time and stay on schedule.

Create contracts that fit the specific needs of your business.

Detect risks early using intelligent AI analysis.

Use ready-to-edit contract templates to save time.

Create contracts easily with guided steps.

Auto-send contracts to the right stakeholders.

Set up multi-level approvals for full control.

Resolve disputes quickly and clearly.

Keep your contracts secure with strong legal safeguards.

Gain insights and improve with detailed reports.

CLM 365 Ratings

G2:  4.8 

Capterra: 4.8 

Microsoft AppSource: 4.9 (79 reviews) 

Why Users Loves It: CLM 365 stands out for its enterprise-grade security, seamless integration within the Microsoft 365 environment, and an intuitive design that requires no steep learning curve making contract management faster, safer, and easier for growing businesses.

2) ContractWorks

ContractWorks offers easy-to-use contract management tools designed for small businesses. These tools help you store, track, and manage all your contracts in one secure place. You can set reminders for important dates, create clear workflows, and avoid missing deadlines. With a clean interface and simple setup, ContractWorks makes contract management stress-free and efficient no steep learning curve needed.

Key Features

Centralized contract storage for easy access and organization

Automated alerts for renewals, expirations, and key dates

Role-based access to protect sensitive contract data

Smart search functionality for instant access to contracts and specific clauses

Built-in e-signature for secure, fast signing

Detailed audit logs and reporting to support compliance and activity tracking

Simple, intuitive interface no training needed

ContractWorks Ratings

G2 Review: 4.8

Capterra: 4.8

Recognized For: Users love ContractWorks for its simplicity and speed. It’s easy to set up and use, making it ideal for teams that want to get started without a long learning curve. The platform offers secure contract storage, built-in e-signatures, and smart reminders that help users stay on top of renewals and deadlines.

3) Conga CLM

Conga CLM is a smart contract management tool designed for legal teams to simplify the contract process. It works smoothly with Word and Office 365, letting users draft, edit, and collaborate on contracts using tools they already know. With ready-to-use clause libraries, automated approval workflows, and easy tracking of contract obligations, the platform helps keep everything consistent and compliant.

Key Features

Step-by-step contract creation without external help

Easy setup for multi-stage approval workflows

Real-time collaboration for reviewing documents together

Automated reports and scheduled contract insights

Pre-approved clause library for faster drafting

Upload, store, and manage contracts created outside the system

Seamless integration with your existing CRM and ERP platforms

Conga CLM Ratings

G2 Review: 4.3

Capterra: 4.3

Recognized For: One of the biggest advantages of Conga CLM is how quickly it gets teams up and running. There’s no lengthy setup or complex rollout just a smooth start that helps businesses gain value faster.

4) SpotDraft

SpotDraft combines simplicity with powerful features, making it a go-to choice for legal and business teams. Its user-friendly design means teams can get started quickly, and most are fully onboarded within 4–6 weeks. The platform stands out for its transparent, flexible pricing no hidden fees, just solid value. For teams looking to streamline contract management without the usual hassle, SpotDraft is a smart, scalable solution.

Key Features

Risk-free contract creation with smart templates

Built-in digital signatures for instant signing

Custom approval workflows to match your process

Centralized workspace for all contracts

Easy team collaboration in one place

Role-based access for secure document control

Auto alerts for renewals and expirations

AI-driven clause suggestions for faster drafting

Full activity logs and version history

Real-time reports and visual dashboards

SpotDraft Ratings

G2 Review: 4.5

Capterra: 4.8

Recognized For: Teams choose SpotDraft for its unmatched speed and value. With a clean, easy-to-use interface, legal and business users can draft, review, and approve contracts faster than ever cutting down delays and improving workflow efficiency.

5)  Zoho Contracts 

Zoho Contracts is built for growing businesses that want smart, structured contract management tools without the complexity. With customizable clause templates and automated approvals, it simplifies every step from drafting to execution. Clean, efficient, and easy to use, it’s a standout choice for teams ready to scale with confidence.

Key Features

Ready-to-use customizable contract templates

Automated approval flows for faster turnaround

Built-in eSignature for secure online signing

Centralized tracking of renewals and amendments

Version control with full activity logs

Pre-approved legal clause library for quick drafting

Custom dashboards and reports for performance insights

Leegality integration for compliant digital signing

Zoho Contracts Ratings

G2 Review: 4.5 

Capterra: 4.4 

Recognized For: From vendor deals to service contracts, the platform simplifies workflows so teams can focus on growing stronger business relationships.

6) Juro

Juro makes contract work easy by handling drafting, editing, signing, and teamwork in one place. Its built-in editor means no switching between apps. With a clean and simple design, it’s a great choice for teams who want to work faster and stay organized.

Key Features

Integrates with Slack, Salesforce and Google Drive

Get smart suggestions and support with built-in AI assistance

Work together in real time with your team on one shared platform

Track performance and insights with a powerful analytics dashboard

Customize workflows easily using a no-code setup

Simplify contract review with clear, easy-to-follow tools

Speed up approvals with a smooth, organized process

Juro Ratings

G2 Review: 4.6

Capterra: 4.8

Recognized For: Juro’s clean and intuitive design helps teams get started fast without long onboarding. Built for modern businesses, it makes contract management simple, so teams can stay focused and move faster.

7) Ironclad

Ironclad provides legal and business teams with a user-friendly platform to handle every stage of the contract lifecycle effectively. With AI-driven workflows and smart automation, it helps teams move faster, stay compliant, and reduce manual work.

As contract needs grow, Ironclad offers the flexibility to adapt whether it’s advanced compliance tracking, customizable workflows, cost control, or smooth integration with existing tools.

Key Features

Visual dashboards and detailed reports for better contract insights

Timely alerts and reminders to stay ahead of deadlines

Seamless collaboration for faster contract turnaround

Easy in-platform contract editing with version control

Attach and manage supporting documents in one place

Ironclad’s Jurist AI assists with contract review and drafting

Easily connects with platforms such as Salesforce, CloudEagle, and Ashby to support connected workflows.

Ironclad Ratings

G2: 4.5

Capterra: 4.4

Recognized For: User-friendly platform that simplifies business contract processing and offers valuable integrations for smoother workflows.

8) Icertis

Icertis is a powerful and widely used contract management tools that uses AI to streamline the entire contract lifecycle. From creation to renewal, it automates key tasks, reduces errors, and ensures compliance with real-time tracking and insights. Built for scalability and integration, Icertis helps businesses work faster, reduce risk, and stay in control of their agreements.

Key Features

Easy contract creation with helpful tools

Clear contract insights through smart analytics

Personalized dashboard to track what matters

Find any contract quickly with global search

Mobile app to manage contracts anywhere

Role-based access to keep data secure

AI and automation to speed up contract tasks

Ironclad Autopilot highlights key info using simple language

Works well with SAP, Salesforce, and other business systems

Icertis Ratings

G2: 4.2

Capterra: 4.2

Recognized For:

9) Agiloft

Agiloft is a flexible, no-code contract management platform designed to help businesses automate contract workflows, improve compliance, and reduce risk. With powerful customization options and seamless integrations, it gives teams full control over their contracts without needing any technical skills.

Key Features

Centralized contract storage with smart search

No-code workflow automation for approvals

Built-in e-signatures with DocuSign and Adobe Sign

AI tools for risk detection and clause suggestions

Real-time dashboards and reporting

Integrates with Salesforce, SAP, Teams, and more

Complete version history and activity logs to support compliance

Agiloft Ratings

G2: 4.2

Capterra: 4.4

Recognized For: Built with a customer-first approach, the platform makes it easy to track agreements at every stage. Its AI-powered features simplify complex tasks, helping teams work faster and stay in control all within a system designed for real people, not just legal experts.

10) Concord

Concord stands out among contract management tools for its simplicity and efficiency. It streamlines the entire contract lifecycle drafting, negotiation, signing, and renewal within one easy-to-use platform. With real-time collaboration, built-in eSignatures, and automated workflows, Concord helps teams manage contracts faster while staying organized and compliant.

Key Features

Quick setup designed for legal teams

Effortless data extraction from contracts

Simple and intuitive user experience

Full visibility across all contract stages

Centralized access to contract information

Built-in analytics for smarter decisions

Automatic tracking of key dates and deadlines

Easy integration with Salesforce, HubSpot, Box, and Slack

Secure cloud-based contract storage

Concord Rating

G2: 4.3

Capterra: 4.6

Recognized For: Users appreciate how easy it is to use, making the entire contract lifecycle from creation to renewal simple and stress-free. It’s especially a great fit for small businesses.

11) Summize

Summize offers advanced system designed to streamline the entire contract lifecycle. From simplifying reviews and negotiations to improving team collaboration, it brings speed and clarity to every step of the process. With its smart features and user-friendly interface, Summize helps legal and business teams manage contracts more efficiently making it one of the most practical contract management tools for modern organizations.

Key Features

Streamlines contract reviews using intelligent AI

Integrates with Slack, DocuSign, Jira, and Microsoft Teams

Centralized document storage for easy access and tracking

Simplifies the entire contracting process from start to finish

Summize Ratings

G2: 4.7

Capterra: 4.6

Recognized For: A great fit for businesses looking to reduce legal complexity, Summize is easy to implement and simple to use making contract management faster and more efficient.

12) ContractSafe

ContractSafe is one of simple yet powerful contract management tools that takes the stress out of handling agreements. Designed with ease of use in mind, it allows businesses to securely store, track, and manage contracts all without the usual complexity.

Key Features

Auto-extract key contract metadata

Organized, searchable contract repository

Custom statuses to fit your workflow

Support for contracts sent via email

Unlimited amendments and attachments

Smart search with clear reporting tools

Secure, scannable document storage

Strong data protection and security features

ContractSafe Ratings

G2: 4.7

Capterra:4.8

Recognized For: Users appreciate how easy it is to access and manage contracts, with automation that saves time and reduces manual work. Its customizable features adapt to different business needs, and the value it delivers makes it well worth the investment.

Benefits of Using a Reliable Contract Management Tool

Choosing the best contract management software is more than just adopting new technology; it is about improving efficiency, reducing risks, and empowering teams to handle contracts with greater control. Here are seven key benefits that highlight why reliable contract management tools are worth the investment

1. Faster Approvals with Built-in E-signatures
A reliable contract management tool often includes secure e-signature functionality that speeds up the approval process significantly.

In fact, 78% of businesses now use e-signatures to move contracts forward quickly while keeping them protected.

With fewer delays and less paperwork, organizations can finalize agreements in hours instead of days, improving response times and business outcomes.

Also Read: What Is Electronic Contracts

2. Centralized Access to All Contracts
A common challenge in many workplaces is scattered contract data. According to M-File research, 46% of employees struggle to find the information they need, often because it’s buried in emails, paper records, or outdated systems. Contract management tools solve this by offering a single, centralized platform where all agreements are stored, organized, and searchable saving time and improving visibility for every team member.

3. Improves Collaboration Across Teams
Contracts often require input from legal, finance, sales, and procurement.

According to Statista, 79% of professionals using collaboration tools, it’s clear that teamwork is a priority.

A reliable contract management tool allows multiple stakeholders to work on the same document in real-time.

4. Legally Binding E-signatures Backed by Compliance
Beyond just convenience, A study by Adobe says that 87% of businesses recognize that electronic signatures are legally binding.

Most reliable tools support compliant e-signature workflows that meet global standards.

However, it’s always wise to verify local laws before implementation.

By embedding secure signing into the platform, contract tools eliminate the need for third-party solutions while maintaining legal validity.

5. Reduces Risk with Better Audit Trails and Version Control
Contract management tools maintain detailed records of who did what and when providing full visibility across every stage of the contract lifecycle.

With built-in version control and audit logs, businesses can easily track changes, hold teams accountable, and reduce the risk of disputes or compliance issues later on.

6. Boosts Productivity by Eliminating Manual Work
Manual processes like printing, scanning, emailing, and chasing approvals waste valuable time.

A reliable contract management tool automates these repetitive steps, helping teams work faster and stay focused on high-value tasks.

Automated alerts, smart templates, and approval flows reduce delays and improve turnaround time across departments.

7. Enables Smarter Decisions Through Real-Time Insights

With access to custom dashboards and reporting tools, contract management platforms help leaders understand contract performance, bottlenecks, and trends.

These insights allow for better forecasting, supplier evaluation, and strategic planning all based on real-time data, not guesswork.

How to Choose the Right Contract Management Tools

Managing contracts can quickly become complex, especially as a business expands. Missed deadlines, misplaced documents, or inconsistent contract versions often lead to operational delays and unnecessary risks. Contract management tools are built to solve these challenges but choosing the right one requires careful evaluation.

This guide outlines a practical approach for selecting a tool that fits actual business needs, rather than just feature lists.

1. Start with Internal Needs
Before comparing platforms, it’s important to define what the organization requires. Key questions to ask internally

What is the volume of contracts handled monthly?

Which departments need access to contract data?

Is there a need to manage agreements across different locations or teams?

What systems or processes are currently used (e.g., email, shared drives, spreadsheets)?

Understanding the current contract lifecycle management process and identifying pain points helps narrow down tools that address real operational gaps.

2. Prioritize Ease of Use
Adoption depends heavily on usability. If a platform is too technical or difficult to navigate, teams are unlikely to engage with it fully.

Important usability features include:

A clean and organized interface

Quick upload and search functionality

Minimal learning curve for users

Compatibility with both desktop and mobile environments

Trial periods or product demos can help evaluate ease of use across different roles.

3. Focus on Essential Features
Not every organization needs every available feature. It’s more effective to select a tool based on core functionality required to meet day-to-day demands. Useful features may include:

Standardized contract templates

Access controls based on user roles

Automated deadline alerts

E-signature capabilities

Version history and document tracking

Internal commenting or note features

Renewal and expiry management

Prioritizing these features based on operational relevance helps prevent overspending on tools that are feature-rich but rarely used.

4. Integration with Existing Systems
A strong contract management tools should integrate with platforms already used across the business such as Microsoft 365 and other cloud storage services, or internal communication apps.

Benefits of integration include:

Improved efficiency by keeping all systems connected

Reduced need for manual data transfer

Consistent workflows across platforms

Common integrations to look for include MS Teams, Outlook and DocuSign.

5. Consider Security and Access Control
Contract data is often confidential. A reliable contract management system must offer strong security features to protect sensitive documents and provide auditability.

Critical security features include:

Two-factor authentication

Role-based access permissions

Audit trails and activity logs

These capabilities protect against unauthorized access and support internal governance standards.

6. Evaluate Support and Onboarding Process
Even well-designed software can create frustration without proper support. It’s essential to understand the vendor’s customer service approach and how quickly the system can be implemented.

Key factors to evaluate:

Availability of support channels (chat, phone, email)

Access to training materials or onboarding assistance

Time required for initial setup and full adoption

Reliable support can make a significant difference in long-term user satisfaction and productivity.

7. Choose Scalable Solutions
As organizations grow, contract volumes increase, and workflows become more complex. A scalable platform must adapt easily to changing business needs as the organization grows.

Features to support scalability:

Flexible pricing tiers

Support for multiple teams or departments

Availability of advanced modules or integrations as needs evolve

Selecting a tool with room to grow avoids the need for costly migrations later.

8. Balance Budget and Long-Term Value
While pricing is a critical consideration, value should be the main driver. A less expensive platform that lacks essential features may lead to inefficiencies, while a slightly higher investment in the right tool can pay off in time saved and reduced risk.

Important factors to evaluate

Transparent pricing structures

Included support and updates

Measurable outcomes like faster contract cycles or fewer errors

Choosing based on long-term impact helps avoid short-term compromises that affect performance.

7 Simple Steps to Implement CLM 365 Successfully

Define contract workflows based on current business processes

Set user roles and permissions to control access and actions

Migrate existing contracts into the centralized CLM 365 system

Configure templates and clause libraries for faster contract creation

Integrate with Microsoft tools like Outlook, Teams, and SharePoint

Train teams with simple walkthroughs and use-case demos

Monitor adoption and performance using built-in reports and dashboards

Conclusion

The right contract management tool can make a big difference speeding up approvals, improving access, and helping teams work better together. Solutions like CLM 365 offer practical features that fit smoothly into everyday workflows, especially for businesses using Microsoft tools.

Whether it is CLM 365 or another trusted platform, now is the time to explore tools that support smarter, more secure contract management. Evaluate your needs, compare options, and choose a solution that grows with your business.