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10 best SaaS contract management software suites to close sales and reduce churn

10 best SaaS contract management software suites to close sales and reduce churn

SaaS companies manage many contracts, and doing it manually is slow and error-prone. SaaS contract management software automates creation, approval, signing, and tracking, helping teams close deals faster, reduce churn, and stay organized. This article highlights ten top platforms and what makes each one stand out.

See why businesses are rushing to SignTime’s feature-packed contract repository system.

What is contract management software?

Contract management software, also called CLM, is a tool that helps businesses create, store, and manage contracts throughout their entire lifecycle. It automates workflows like approvals, e-signatures, and renewals, reducing the chance of errors and missed deadlines.

For SaaS companies, contract management software is especially important because subscriptions often include recurring payments, auto-renewals, and complex service terms. Manual tracking of these contracts can be time-consuming and risky.

Modern platforms also integrate with other business systems, such as CRM, finance, and analytics tools. This centralization ensures teams have up-to-date contract data, improving decision-making and operational efficiency.

Why do SaaS companies use contract management software?

SaaS companies handle large volumes of contracts, which can create challenges like missed renewals, billing errors, and compliance risks. Contract management software reduces manual work, helping teams stay on top of deadlines and approvals.

It also improves accuracy and consistency by standardizing templates and workflows. This reduces errors and ensures that contracts meet company policies and legal requirements.

Centralized contract data gives teams better visibility into revenue, obligations, and risks. It allows SaaS companies to make informed decisions, forecast accurately, and manage relationships with customers more effectively.

What are the different types of contract management software

Contract management software comes in several types, each designed to meet different business needs. Cloud-based SaaS solutions are the most common, offering accessibility from anywhere and frequent updates without IT overhead.

On-premise systems are installed locally and give companies full control over data and customization, though they require more maintenance and IT resources. Hybrid solutions combine elements of both, providing flexibility while keeping sensitive data in-house.

Some software is general-purpose, suitable for multiple industries, while others are specialized for SaaS companies or specific verticals. Features like e-signatures, automated alerts, and AI-driven data extraction help streamline contract management and reduce administrative burden.

What are the benefits of contract management software for the SaaS industry

Contract management software provides multiple advantages for SaaS companies, helping them manage contracts more efficiently and reduce operational risk. It supports faster deal closure, better compliance, and improved visibility into contract performance.

Here are some of the biggest benefits SaaS businesses can expect:

  • Reduced errors: Automated workflows prevent mistakes in contracts, ensuring consistency and accuracy.
  • Faster deal closure: E-signatures and templates speed up the signing process, allowing sales teams to finalize agreements quickly.
  • Improved compliance: The software helps ensure contracts follow internal policies and legal requirements.
  • Renewal tracking: Alerts for upcoming auto-renewals prevent revenue leakage and missed opportunities.
  • Centralized repository: All contracts are stored in one accessible location, making retrieval and collaboration easier.
  • Data-driven insights: Analytics provide visibility into contract performance, trends, and risks.
  • Integration with other tools: Contract management software works seamlessly with CRM, finance, and legal systems.
  • Scalability: The software can grow with the company, handling increasing contract volumes without additional manual effort.
  • Collaboration: Multiple stakeholders can access and approve contracts efficiently.
  • AI automation: Artificial intelligence can automatically identify key data points like amounts, dates, and parties to save time.

What should SaaS enterprises look for in a contract management software system

When choosing contract management software, SaaS companies should prioritize features that streamline workflows and improve visibility. Essential features include e-signature options, automated approval processes, and reporting tools that track key contract metrics. AI-powered tools that extract important information and send reminders for renewals or expirations are also valuable.

Optional features can enhance flexibility and user experience. These include in-person signature capture, multi-language support, customizable approval hierarchies, and templates that fit specific business processes. Integration capabilities with CRM, finance, and other enterprise systems are important for seamless operations.

Vendors should be evaluated for security, compliance certifications, support quality, and scalability. The right software will not only manage contracts efficiently but also reduce risk, improve collaboration, and support the company’s growth as it scales globally.

10 top SaaS contract management software packages

The SaaS contract management landscape offers a variety of tools to suit different business needs. These platforms provide features like e-signatures, workflow automation, AI-powered insights, and integration with other enterprise systems. Choosing the right software depends on company size, contract volume, and workflow complexity.

These software packages offer a range of capabilities designed to simplify contract management:

  1. SignTime
  2. DocuSign CLM
  3. PandaDoc
  4. Juro
  5. Ironclad
  6. Conga Contracts
  7. Malbek
  8. Agiloft
  9. ContractWorks
  10. Zycus

SignTime

SignTime is a comprehensive SaaS contract management and e-signature solution. It offers multiple signature options, including hand-drawn, typed, hanko, and in-person signing, giving teams flexibility for any workflow.

The platform includes AI-powered features that automatically identify counterparties, contract amounts, start and end dates, and auto-renewals. SignTime also integrates with Salesforce and other business systems, centralizing workflows and improving efficiency.

Its approval systems and long-term e-signature capabilities make it especially suitable for enterprises managing complex SaaS contracts globally.

DocuSign CLM

DocuSign CLM automates the contract lifecycle, from authoring to approvals, e-signing, and storage. It offers integration with popular business applications and provides analytics to track contract performance.

The software is designed to reduce manual tasks, improve compliance, and accelerate deal closures while maintaining a consistent and secure contract process.

PandaDoc

PandaDoc focuses on document automation and e-signature workflows for SaaS teams. It provides templates, analytics, and CRM integration to streamline contract execution.

The platform helps businesses reduce errors, speed up approvals, and maintain organized records of all agreements.

Juro

Juro emphasizes browser-based contract creation and collaboration. It allows teams to draft, review, and approve contracts in a single platform.

Automation features in Juro help manage approvals and track key contract milestones, improving operational efficiency.

Ironclad

Ironclad offers robust workflow automation for contract drafting, review, and approval. It provides analytics and reporting to track contract performance and risk.

The platform integrates with existing business systems to ensure contracts are accurate, compliant, and efficiently managed.

Conga Contracts

Conga Contracts delivers end-to-end contract lifecycle management with e-signature and document automation. It offers tools for compliance monitoring, reporting, and analytics.

The software integrates with CRMs and other enterprise systems, helping teams streamline contract workflows and reduce administrative burden.

Malbek

Malbek helps companies manage SaaS and enterprise contracts with a focus on automation. It includes dashboards, reporting, and approval workflows to improve efficiency.

The platform is designed to provide visibility across the contract lifecycle and support decision-making with real-time insights.

Agiloft

Agiloft offers highly configurable CLM software for SaaS organizations. It supports automated workflows, reporting, and integration with existing business tools.

The platform helps teams reduce errors, accelerate approvals, and maintain organized contract records.

ContractWorks

ContractWorks focuses on simplicity and security for contract storage and e-signatures. It includes tracking, reporting, and role-based permissions for enterprise teams.

The software is designed to make contract management straightforward while ensuring compliance and data protection.

Zycus

Zycus CLM automates the full contract lifecycle for enterprises. It includes analytics, compliance monitoring, and integration capabilities with other business systems.

The platform helps companies reduce manual effort, improve visibility, and manage contracts more strategically.

SignTime is the best SaaS contract management software

SignTime stands out as a versatile and powerful solution for SaaS contract management. Its multiple signature options, including hand-drawn, typed, hanko, and in-person signing, provide flexibility for any workflow. AI-powered features automatically identify key contract details, track renewals, and set reminders, helping teams stay on top of obligations and deadlines.

Integration with Salesforce and other business systems centralizes workflows, improves efficiency, and ensures accurate data across the organization. Combined with long-term e-signature capabilities and robust approval systems, SignTime enables SaaS companies to manage contracts confidently, reduce errors, accelerate deal closure, and scale globally. For enterprises looking to simplify contract management while improving compliance and visibility, SignTime offers a comprehensive and reliable solution.

Download our brochure to see whether SignTime might be a fit for your organization.

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