Introducing a powerful Contractbook alternative

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Is Contractbook right for you?

If you are looking for a platform where you can just store your contracts, use a quick template to draft a contract or just sign a contract that you’ve got, Contractbook can do that for you.

But if you are looking for a CLM/CMS solution where you can review and analyze your contracts, get insights on risks or handle contracts with different languages, Contractbook may fall short for your needs.

Let’s look at what’s missing and why should you bother -

‍Contract Summary - You still need to go through the entire contract line by line, every time you draft or get one to review. There’s no way to understand contracts quickly and avoid reading 20-30 pages for every contract you get.

Contract Review/Analysis - Even when using Contractbook to handle contracts, you are on your own. No service to review your contract, no analysation of the huge data all your contracts hold or to give you actionable steps from them.

Contract Risk Analysis - No contract is perfect, and if you sign contracts without analyzing the risks involved, it certainly won’t have a fairy tale ending. Contractbook lacks the functionality to show your contract’s potential risks or red flags. Which again leaves you alone to take care of the potential risks.

So you’ll have to hire a lawyer separately to review each contract for you, despite already paying for Contractbook.

Multiple Language Support - Contracting happens worldwide, and you might often need to sign contracts with parties in other countries. With no way to handle contracts in other languages, You’ll have to rely on other country’s lawyers to review your contracts, not to mention that you’ll need to store, manage and handle those contracts in a different place now.

Bulk document upload - This is a feature that might not bother you at certain points but individuals or entities dealing with more that 10 contracts at a time may find it annoying, not being able to upload a folder/drive having multiple contracts.

When you consider all these factors, it gets clear that Contractbook at the moment is far from being called a complete CLM solution for now.

5 key differences that make SpeedLegal the perfect Contractbook alternative

Contract Summary

SpeedLegal has a unique way of providing a contract summary with their feature called “Contract Nutrition label™”. This gives you an overview of the basic structure of the contract including your obligations, rights and what can be sued for details, considering both parties.

Using SpeedLegal, give you the ability to understand your contract at just a glance and you don’t have to read the contract line by line to get these key details.

Contract Review

The contracts at SpeedLegal are reviewed by the AI as well as a legal professional to ensure that no key information goes unreviewed. These contract reviews include highlighting crucial information in the contract, such as financials, dates, governing law, keywords and many more minute details.

Risk Analysis

Coming to risk analysis, SpeedLegal has another unique feature, called “Red Flag Table™”. The RFT compares the contract values to the prevailing market standards and shows you the potential risks in you contracts. It also shows you what it should be replaced with, and gives you the power to do that with a single click.

Bulk document upload

SpeedLegal gives you the ability to upload folders/files with multiple documents as well as accepts single uploads. In case that you have multiple contracts you won't have to bother to upload them one by one.

Multi-Language Support

No matter in which Language you get your contracts in, SpeedLegal can help you manage all of them in a single place.

Introducing a powerful Contractbook alternative

Is Contractbook right for you?

Let’s look at what’s missing and why should you bother -

5 key differences that make SpeedLegal the perfect Contractbook alternative

Watch SpeedLegal in action

Let’s see a detailed comparison

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