Contractify vs contractSILO Detailed comparison features, price

Contractify

Contractify is a comprehensive contract management solution designed to help organizations of all sizes manage their contracts effectively. The platform leverages AI, through its 'ADA' feature, to automate tasks like contract analysis and data extraction, saving valuable time and minimizing errors.

With Contractify, businesses can centralize their contract repository, automate follow-up tasks and approval workflows, and gain a clear overview of all contracts and related information. The software provides robust security and reporting features, ensuring contract compliance and maximizing revenue potential.

contractSILO

contractSILO is a robust contract management platform designed to simplify and automate the handling of contracts for individuals and businesses of all sizes. Powered by AI, it enables users to securely store, organize, and retrieve contracts within seconds, while leveraging intelligent extraction to identify critical contract data.

The platform offers features such as reminders for contract renewals, detailed financial analysis, contract categorization, discussion capabilities, and strict security measures including encryption, 2-factor authentication, and GDPR compliance. User permissions and advanced filtering ensure efficient collaboration and contract oversight, accessible from any device with an internet connection.

Pricing

Contractify Pricing

Paid

From $161

Contractify offers Paid pricing with plans starting from $161 per month .

contractSILO Pricing

Freemium

From $50

contractSILO offers Freemium pricing with plans starting from $50 per month .

Features

Contractify

AI-assistant ADA: Instantly scans documents for metadata (like end dates, notice periods, counterparties etc.), saving hours on reading & registering contracts.
Automated Follow-Up Tasks: Never miss a contract deadline with automatic contract tasks & notifications.
Approval Workflows: Streamline contract procedures & define clear contract responsibilities.
Centralized Contract Repository: Keep all contracts and related info in one smart repository.
Validated e-signature: Includes e-signature credits for secure and legally binding online contract signing.
Reporting: Extensive contract reporting to track statuses, progress and due tasks.

contractSILO

AI-Scan: Extracts key contract data automatically using artificial intelligence
Advanced Security: 256-bit SSL, 2FA, and encrypted storage with ISO 27001 data centers
Custom & Multi-Level Filtering: Filter and find contracts with customizable search criteria
Automated Reminders: Never miss renewals or key dates with in-app and email alerts
Financial Analysis: Monitor expenses and income with multi-currency and dashboard reporting
Contract Categorizing: Organize contracts with tags, hierarchy, and role-based grouping
Dashboards: Get at-a-glance visibility on contract status, expiries, and financials
Collaboration: User and team management, contract discussion, and permissions control
Unlimited Attachments: Store multiple files and versions for each contract
Contract Tracking: Track contract updates, login activity, and status changes

Use Cases

Contractify Use Cases

Minimize risks and maximize contract revenue for legal teams.
Save time and contribute value to the business for finance teams.
Improve communication and collaboration on contracts for management teams.
Centralize contract management for organizations in various industries like Finance, Banking, Renewable energy, Business consulting, Retail, Software, and HR.