When you find a team like yours at a tech startup constantly drowning in contracts, you know something has to change. The typical, manual scrutiny of contract review processes can be time-consuming and prone to errors, which delays and frustrates both the sales and legal departments. Critical clauses might be overlooked, compliance issues could be missed, and unfavorable terms might slip through the cracks.

Today, C-level leaders, sales teams, and legal professionals are searching for more AI-powered tools to speed up workflows. Leveraging machine learning and natural language processing, these tools can rapidly analyze contracts, identify key clauses, flag potential risks, and even suggest alternative language.

Have you ever considered Ironclad, a popular AI contract review software, but wondered if there were alternatives? If so, this article can help you find the right tool for you. Below, we’ll walk you through the top artificial intelligence contract review tools for 2024 so you can pick the best software for your business.

Overview of Ironclad

Before exploring the top Ironclad alternatives, it’s essential to understand what Ironclad offers. Ironclad provides robust tools for drafting contracts using standardized templates and clause libraries. The platform automates the entire contract lifecycle, from creation to approval and execution. It also streamlines collaboration between legal, sales, procurement, and other departments. Ironclad offers analytics and reporting features that help you track contract performance, and make data-driven decisions.

One of Ironclad’s standout qualities is its intuitive design. Users often praise the platform for being accessible and easy to navigate. Ironclad also seamlessly integrates with a variety of different third-party applications such as Salesforce, Slack, and DocuSign. These integrations enhance productivity by allowing teams to work within their preferred tools while maintaining centralized contract management.

While Ironclad is a powerful tool, it’s important to consider some potential drawbacks that might impact your decision. For small and medium-sized businesses or startups operating on tighter budgets, the cost of implementing Ironclad can be a significant investment. Because the pricing structure may include setup fees, user licenses, and additional costs for premium features. For a detailed analysis of contract review costs and how they can impact your organization, check out our guide on the cost of a contract review.

Also, organizations with highly specialized workflows or niche industry requirements might find Ironclad’s customization capabilities somewhat limited. While it features configurable templates and workflows, there may be constraints when tailoring the platform to very specific business processes.

Top Ironclad competitors and alternatives

Below, you can find Ironclad alternatives along with the highlights that differentiate each tool.

1. Superlegal

Superlegal emerges as a cutting-edge solution in the realm of AI-driven contract review. Superlegal.ai is designed to streamline contract management processes from start to finish, thanks to its advanced analytics and intuitive user interface.  

Automating contract analysis and pinpointing potential risks empowers teams to collaborate in real time, enhancing efficiency across the board. This platform is well-suited for organizations that prioritize customization without wanting to compromise on ease of use.

What sets Superlegal apart:

  • Reduces contract review time by up to 70%
  • Advanced AI capabilities for precise contract analysis
  • Competitive pricing suitable for businesses of all sizes
  • Customizable dashboards tailored to individual workflows
  • Excellent customer support and comprehensive training resources

Need more help finding the best AI contract review tool? Check out our AI contract review buyer’s guide.

2. ContractPodAi

Tailored for large enterprises that demand robust AI-driven insights, ContractPodAi offers a comprehensive contract management system. It leverages AI to automate and enhance various aspects of contract handling, from drafting to post-execution analysis. 

ContractPodAi’s focus on delivering deep insights and analytics makes it a valuable tool for organizations with complex contract portfolios.

What sets ContractPodAi apart:

  • Advanced AI-driven insights and analytics
  • Robust features suitable for enterprise-level needs
  • Strong focus on compliance and risk management
  • Customizable workflows and templates
  • Integration with major enterprise software platforms

3. Lexion

Lexion makes contract management effortless through powerful AI-enhanced search capabilities and seamless email integration. Designed to boost efficiency and productivity, Lexion allows legal teams to find specific clauses or contract information rapidly, directly from their inboxes. It also helps to reduce the time spent navigating multiple platforms and streamlines the contract management process.

What sets Lexion apart:

  • AI-enhanced search functionality for quick information retrieval
  • Direct email integration for managing contracts from your inbox
  • Automated reminders and task management features
  • User-friendly interface with easy onboarding
  • Scalable solution that grows with your contract volume

4. Juro

For businesses that need a blend of simplicity and functionality, Juro presents an end-to-end contract management solution that streamlines the entire contract lifecycle within a single, user-friendly platform.

Juro is designed to make contract processes as straightforward as possible, enabling teams to create, negotiate, and execute contracts efficiently. Its emphasis on a seamless user experience makes it particularly beneficial for scaling businesses that require quick deployment and ease of use.

What sets Juro apart:

  • User-friendly interface with minimal learning curve
  • Quick setup and implementation for immediate use
  • Integrated e-signature capabilities for seamless execution
  • Collaborative features for real-time editing and negotiation
  • Affordable pricing plans suitable for growing companies

5. Concord

Concord focuses on fostering collaboration and simplifying the contract process. They offer unlimited e-signatures and real-time editing capabilities to make it easier for all parties involved to negotiate and finalize contracts. Concord’s centralized platform promotes transparency and streamlines communication, which is essential for businesses aiming to expedite their contract workflows.

What sets Concord apart:

  • Unlimited e-signatures included in all plans
  • Real-time collaboration and editing capabilities
  • Version control and audit trails for compliance tracking
  • Customizable approval workflows to fit your processes
  • Accessible pricing with a focus on team collaboration

6. Agiloft

Standing out for its highly customizable platform, Agiloft provides strong workflow automation features tailored to organizations with complex or unique processes. It’s no-code approach empowers users to adapt the system to their specific needs without extensive programming knowledge.

Large organizations trust Agiloft for its ability to handle intricate contract management requirements effectively.

What sets Agiloft apart:

  • No-code platform allowing deep customization
  • Robust workflow automation for efficiency
  • AI-powered contract analysis and clause extraction
  • Wide range of integration options with enterprise systems
  • Trusted by large organizations for handling complex needs

Making the right choice for your business

When considering these Ironclad alternatives, it’s important to align the software’s strengths with your organization’s specific requirements. Whether you prioritize advanced AI capabilities, user-friendliness, cost-effectiveness, or customization, there’s a solution tailored to your needs.

For customization and affordability: Superlegal. If you require a high level of customization without incurring high costs, Superlegal is a strong contender. Its flexible platform adapts to your workflows, and its AI capabilities enhance precision in contract analysis. Plus, Superlegal offers competitive pricing.

For simplicity and scalability: Juro. If scalability is a priority, consider Juro. Its user-friendly interface ensures minimal learning curves, and the quick setup means your team can start benefiting immediately. Juro streamlines the contract lifecycle, making it ideal for growing businesses that value ease of use.

For enterprise-level features: ContractPodAi. For large enterprises needing robust functionalities and deep AI-driven insights, ContractPodAi could be the optimal choice. It offers comprehensive features suitable for complex operations, with a strong focus on compliance and risk management.

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The future of AI in contract review

As we look toward the horizon of legal technology, it’s clear that artificial intelligence will continue to revolutionize the way organizations handle contracts. The rapid evolution of AI enhances existing capabilities and introduces new functionalities that can redefine efficiency and accuracy in contracts.

The trajectory of AI in contract review points toward more intelligent, efficient, and integrated systems. Organizations that recognize and act on this trend will reap significant benefits, from streamlined operations to enhanced strategic decision-making.