CLM software (short for Contract Lifecycle Management software) helps organizations manage contracts from start to finish, from drafting and approvals to renewals and termination.
At InvGate, we’ve seen just how valuable this can be. Through our experience implementing InvGate Asset Management and InvGate Service Management, we’ve helped organizations bring order to their IT operations, including the often-overlooked contract side of things.
When contracts are connected to assets and service workflows, everything runs more smoothly. You get better visibility, stay ahead of deadlines, and keep vendors accountable. And as we always say, having the right tool in place is a great way to start.
In this article, we’ll highlight 10 great CLM software tools to help you do just that — starting, of course, with how InvGate Asset Management fits into the picture. Let’s dive in!
ITSM software
4.5
Gartner
What is CLM software?
CLM software stands for Contract Lifecycle Management software. In a nutshell, it’s a tool that helps businesses manage the entire lifecycle of a contract — from creation and negotiation to execution, renewal, and expiration.
The goal is to keep contracts organized, make sure nothing gets missed, and reduce manual work. With the right CLM solution, teams can stay on top of key dates, track obligations, and improve overall contract visibility.
CLM software vs. ITAM tools
If your goal is to manage contracts and only contracts, a CLM software is the way to go. These tools are designed specifically for handling the contract lifecycle — with features like contract creation, approval workflows, e-signatures, and renewal alerts built in.
But if you’re looking for a more flexible solution that covers more ground, it’s worth considering ITAM tools (short for IT Asset Management tools).
These platforms not only help you manage contracts, but also track the assets tied to them — whether it’s hardware, software, or services. The big advantage? You get everything in one place: contract data, asset relationships, vendor details, and even compliance tracking.
In short, CLM software is great for contract-specific needs. But ITAM tools give you a broader view of your IT ecosystem — and that can be a game-changer.
#1: InvGate Asset Management as your best solution for ITAM
InvGate Asset Management: 5-minutes Demo
InvGate Asset Management is a comprehensive ITAM tool that gives organizations a unified view of their IT ecosystem.
While it's primarily designed to track and manage assets, it also excels at Contract Lifecycle Management — linking them seamlessly to asset data and vendor information. It's best known for its user-friendly interface and no-code approach.
InvGate Asset Management features for Contract Lifecycle Management
- Create and manage contract records as CIs - Contracts can be created directly within InvGate Asset Management as Configuration Items (CIs), whether they're linked to assets (like hardware leases or warranties) or software (like SaaS agreements or license suites).
- Support for multiple contract types – Easily categorize contracts with built-in options like maintenance, lease, or warranty for assets, and SaaS, stand-alone, or OS licenses for software.
- License Management and auto-allocation - When entering license quantities into software contracts, you can assign them manually or enable automatic allocation.
- Contract-to-asset linking - Contracts are natively connected to assets or software, giving IT teams quick access to warranty info, licensing status, and vendor details directly from the asset profile.
- Integrated software discovery - Software contract records can be tied to software detected by InvGate’s discovery process — either by name (all versions) or by specific version — enhancing license tracking and compliance.
- Detailed financial tracking - Contracts can store financial data such as cost per license or total, payment frequency, supplier, cost center, and purchase order number — making budgeting and audits more efficient.
- Centralized contract repository with filters - All contract data is accessible via a centralized tab where users can filter by status, type, vendor, and more. Each contract also includes a timeline view of license usage and allocation.
- Custom alerts for contract expiration - Automate email notifications for upcoming expirations, low license availability, or expired contracts — helping teams stay compliant, avoid service interruptions, and prevent auto-renewals.
- Native integration with InvGate Service Management - Contract data can be leveraged during request resolution (e.g., checking warranty status during incident handling), adding even more value across your ITSM processes.
InvGate Asset Management pros
- Ease of use: Users appreciate the intuitive and user-friendly interface, making navigation and operation straightforward.
- Comprehensive asset tracking: The tool offers robust asset tracking capabilities, allowing for efficient management of IT assets.
- Attractive interface: The visually appealing design enhances user experience and engagement.
- Flexible deployment options: Provides both cloud and on-premise deployment options, catering to diverse organizational needs.
- AI-powered insights – Integrates with InvGate AI Hub to enhance visibility, automate tasks, and support smarter decision-making.
InvGate Asset Management pricing
InvGate Asset Management offers three pricing tiers:
- Starter: $0.21 per node per month, billed annually at $1,250, suitable for up to 500 nodes.
- Pro: $0.38 per node per month, billed annually, designed for 501 to 10,000 nodes.
- Enterprise: Custom pricing for organizations requiring unlimited nodes and additional features.
InvGate Asset Management customer reviews and ratings
InvGate Asset Management has received positive feedback across various review platforms:
- Gartner Peer Insights: 4.5 out of 5 based on user reviews.
- G2: Rated 4.7 out of 5 based on user reviews.
- Capterra: Rated 4.4 out of 5 based on user reviews.
“Everyone in the organization is very happy with the tool; we use it a lot to manage service contracts and licenses and subscriptions to anticipate expirations, as well as making decisions in the purchase of supplies and accessory brands because, thanks to the data, we can know which brands are more durable and efficient.”
Patricio I.
Capterra reviews
Best 10 CLM software options for 2025
There are plenty of dedicated CLM tools out there. Here are 9 more great options to consider in 2025, starting with one of the biggest names in the game.
#2: DocuSign CLM
DocuSign CLM, developed by DocuSign Inc., is a cloud-based Contract Lifecycle Management solution that streamlines and automates the entire contract process — from generation to storage.
It’s especially popular among legal, sales, and procurement teams in fast-growing industries like tech, healthcare, and finance, where speed and accuracy are critical.
DocuSign CLM features
- Automated workflows – Routes contracts for review and approval based on business rules, removing bottlenecks.
- Collaboration tools – Allows real-time editing, task assignment, version tracking, and commenting in a shared workspace.
- Prebuilt templates and clause library – Ensures accuracy and consistency in contract generation, reducing legal back-and-forth.
- Centralized, searchable storage – Keeps contracts secure, accessible, and audit-ready.
- Robust integrations – Connects with Salesforce, SAP, Oracle, Workday, and more to reduce manual input and improve visibility.
- AI-powered analytics – Highlights risky clauses, tracks obligations, and scores risk to support proactive decision-making.
DocuSign CLM pros
- Fast implementation for growing teams
- Reduces contract errors and manual tasks
- Excellent integration options with ERP, CRM, and HCM systems
100% cloud-based deployment with strong security standards
DocuSign CLM cons
- Initial setup can be complex and resource-intensive
- Pricing may be high for smaller organizations
DocuSign CLM pricing
DocuSign CLM is a paid solution with custom pricing based on organizational needs. It’s not listed on the general pricing page, as it differs from eSignature products.
Prospects must contact sales for a tailored quote. No free plan is available, but demos can be requested.
DocuSign customer reviews and ratings
DocuSign CLM is well-regarded in the industry, with users appreciating its comprehensive feature set and integration capabilities.
- Gartner Peer Insights: 4.5/5.
- G2: 4.2/5.
- Capterra: 4.4/5.
"Helps us to conveniently enter into binding contracts with clients wherever they are."
Susan A.
Capterra reviews
#3: Agiloft
Agiloft is a Contract Lifecycle Management platform developed by Agiloft Inc., known for its no-code customization and flexibility.
It's used across industries like legal, manufacturing, and healthcare, making it a strong fit for enterprises with complex contract workflows. Agiloft centralizes contract creation, negotiation, and storage in both cloud and on-premise deployments.
Agiloft features
- No-code customization – Tailor workflows, templates, and fields without writing a line of code.
- Extensive integrations – Connects with Salesforce, ERP tools, and 1,000+ apps.
- Built-in reporting – Visual dashboards and reports to track contract performance.
- Smart search with OCR – Find contract text, even in scanned documents.
- AI-powered review – ConvoAI helps identify clauses and streamline approvals.
- Docs integration – Edit contracts directly in MS Word or Google Docs.
Agiloft pros
- Extremely flexible and customizable
- Packed with advanced CLM features
- Offers strong integration options
- Great customer support
- Cloud and on-premise deployments available
Agiloft cons
- Steep learning curve for new users
- Interface can feel cluttered
- May be too robust for small teams
- Enterprise pricing can get expensive
Agiloft pricing
Agiloft offers three plans: Essentials, Advanced, and Premium. Each adds more CLM features, automation, and integration options. Pricing is not publicly listed and requires a custom quote.
Agiloft customer reviews and ratings
- Gartner Peer Insights: 4.5/5.
- G2: 4.6/5
- Capterra: 4.9/5
"An excellent platform for managing contracts and agreements, it saves a lot of time, and has many features that increase work efficiency."
Verified Capterra review
#4: ContractWorks
ContractWorks, developed by SecureDocs (now part of Onit), is a cloud-based Contract Management tool designed for simplicity and speed.
It’s popular with mid-sized businesses, healthcare providers, nonprofits, and professional services that want a secure, no-fuss way to manage contracts.
ContractWorks features
- Secure repository – Centralized storage with SOC 2 Type 2 compliance.
- Custom reminders – Set automated alerts for key dates like renewals.
- AI-powered search – Quickly find text, clauses, or keywords in contracts.
- Built-in e-signature – Send and sign documents directly within the platform.
- Approval workflows – Drag-and-drop setup for routing documents.
- Real-time reporting – Dashboards to track status, bottlenecks, and KPIs.
ContractWorks pros
- Simple and intuitive interface
- Fast, easy implementation
- Unlimited users on all plans
- Responsive and hands-on support
- Predictable flat-rate pricing
- Cloud-based deployment
ContractWorks cons
- Limited integration with other systems
- No contract authoring tools
- Minimal customization options
- Pricing scales with contract volume
ContractWorks pricing
ContractWorks offers three flat-rate plans, all with unlimited users:
- Standard – Includes 2,500 documents and 5 e-signature licenses
- Professional – Includes 10,000 documents and 10 e-signature licenses
- Premium – Includes unlimited documents and 20 e-signature licenses
All plans come with core features like smart tagging, customizable reporting, OCR, and secure storage. A 14-day free trial is available for any plan — no credit card required. There are no setup fees or long-term contracts.
ContractWorks customer reviews and ratings
- Capterra: 4.8/5
- G2: 4.8/5
"Our Contract Management process is more efficient. It's easy to search for contracts, get notification when contracts are closer to renewal and/or expiry date."
Verified Capterra review
#5: Juro
Juro, developed by Juro Ltd., is a modern, browser-based CLM platform built for simplicity and collaboration.
Popular with fast-growing tech startups, SaaS companies, and scale-ups, it helps legal and sales teams streamline the contract process without switching between tools.
Juro features
- In-browser editor – Draft, redline, and edit contracts directly in Juro.
- Real-time collaboration – Internal and external stakeholders can comment and negotiate in one version.
- Approval workflows – Set no-code workflows based on contract value or department.
- Templates & clause library – Speed up contract creation with reusable templates.
- CRM integrations – Connects with Salesforce, HubSpot, and more (some via Zapier).
- Reminders & tracking – Automates notifications for renewals and deadlines.
Juro pros
- Easy to use
- Covers the full contract lifecycle
- Excellent collaboration tools
- Good integrations with sales tools
- Fast and friendly support
- Cloud-based deployment
Juro cons
- Limited customization options
- Some integrations rely on Zapier
- Reporting could be deeper
- Pricing not clearly listed
- Less suited for complex legal workflows
Juro pricing
Juro offers flexible pricing plans tailored to various business needs. All plans include unlimited users, workflows, and templates. Pricing is based on contract volumes and the complexity of required integrations. For detailed information and to discuss specific requirements, it's best to contact Juro directly.
Juro customer reviews and ratings
- Capterra: 4.8/5
- G2: 4.6/5
"Started using it last year in my new job role, it was overwhelming at first as always with something new but got the hang of it in a week."
Stephanie K.
Capterra review
#6: Ironclad
Ironclad, developed by Ironclad, Inc., is a top-tier CLM platform built for enterprise use. Known for its powerful automation and AI, it’s widely adopted by legal and procurement teams.
Industries like tech, e-commerce, and finance use Ironclad to manage complex, high-volume contract workflows with precision.
Ironclad features
- Workflow designer – Automate contract creation, review, and approvals using a visual builder.
- Smart import – AI extracts key data from legacy contracts during upload.
- Contract analytics – AI-driven tools flag risks and filter clauses.
- Collaborative redlining – Edit and comment in Word or browser with version tracking.
- Central repository – Searchable storage with granular permissions and filters.
- Robust integrations – Connects with Salesforce, Oracle, Workday, DocuSign, and more.
Ironclad pros
- Powerful automation for complex workflows
- AI speeds up contract review and data entry
- Enterprise-grade features and security
- Deep integrations with business apps
- Responsive support and strong community
- Cloud-based deployment
Ironclad cons
- Steep learning curve for admins
- Requires dedicated setup and training
- Customization can be limited in some areas
- Premium pricing model
- Occasional technical bugs noted
Ironclad pricing
Ironclad offers custom pricing based on your organization’s needs, including contract volume, features, and required integrations. Pricing is not publicly listed. To get a quote, you need to request a demo through their website. No free plan is available, but demo access is provided during the sales process.
Ironclad customer reviews and ratings
- G2: 4.5/5
- Capterra: 4.4/5
- Gartner Peer Insights: 4.7/5
"Overall experience has been so positive that we are going to move off of DocuSign entirely and over to Ironclad. We believe they are better positioned with their product roadmap to support our company as we scale in the coming years."
Verified Gartner review
#7: PandaDoc
PandaDoc, by PandaDoc, Inc., is a document automation platform with strong Contract Management features. It’s a go-to choice for sales, HR, and marketing teams in industries like SaaS, real estate, and consulting.
Known for its speed and ease of use, PandaDoc helps small and mid-sized businesses send, sign, and track contracts effortlessly.
PandaDoc features
- Drag-and-drop builder – Easily create and reuse templates for proposals and contracts.
- Built-in e-signature – Secure signatures with full audit trails, no third-party tools needed.
- Live collaboration – Redline, comment, and negotiate with teammates and clients.
- Approval workflows – Set basic approval rules and lock content sections.
- Smart notifications – Track views, signatures, and automate follow-ups.
- CRM & payment integrations – Sync with HubSpot, Salesforce, and collect payments post-signature.
PandaDoc pros
- Very easy to use, even for non-legal teams
- Covers end-to-end sales document workflow
- Free plan and affordable pricing
- Great for CPQ and proposals
- Responsive customer support
- Cloud-based deployment
PandaDoc cons
- Not built for complex legal workflows
- Free plan has limited features
- Some formatting quirks in the editor
- Workflow options are basic
- Lacks deep ERP/procurement integration
PandaDoc pricing
- Free eSign: $0 for up to 5 docs/month
- Starter: $19/user/month (basic features + templates)
- Business: $49/user/month (adds integrations and approvals)
- Enterprise: Custom pricing for advanced features (SSO, API)
PandaDoc customer reviews and ratings
- G2: 4.7/5
- Capterra: 4.5/5
- Gartner Peer Insights: 4.6/5
"PandaDoc helped us go paperless with all our documents, makes managing all the documents and signatures easy to track, send and receive. PandaDoc is saving us a lot of time with printing and scanning documents."
Silviu L.
Verified TrustRadius review
#8: OpenContractR
OpenContractR is a free, open-source WordPress plugin developed by the Open Contracting Partnership. It’s purpose-built for transparency, helping government agencies and NGOs publish contract data in line with the Open Contracting Data Standard (OCDS). It’s a lightweight, public-sector-focused alternative to traditional CLMs.
OpenContractR features
- WordPress plugin – Adds contract tracking and publishing tools to your website.
- Simple data entry – Input contract details that are automatically formatted to OCDS.
- Search and filter tools – Web interface makes it easy to browse published contracts.
- Visual charts – Basic data visualizations like spend by department.
- OCDS API – Exports contract data in JSON for programmatic access.
- Multi-user support – Uses WordPress roles for collaborative editing and access.
OpenContractR pros
- 100% free and open-source
- Great for public contract transparency
- Easy to access via browser
- Compliant with OCDS
- Lightweight and easy to set up
OpenContractR cons
- Not a full-featured CLM
- Primarily for public sector use
- Requires a WordPress environment
- No official support team
- Lacks granular security features
OpenContractR pricing
Free forever. There are no license fees, but you’ll need to host it on a WordPress site. Setup is manual, and some development/configuration may be required depending on your use case.
#9: Odoo Contracts
Odoo Contracts refers to using a combination of Odoo apps (developed by Odoo S.A.) for managing contracts within the broader Odoo ERP ecosystem. Instead of a standalone CLM module, businesses use apps like Sales, Subscriptions, Documents, and Sign to handle contract processes.
It’s a great fit for small to mid-sized organizations in retail, services, and manufacturing looking for an integrated, cost-effective platform.
Odoo Contracts features
- Modular setup – Combine apps like Sales, Sign, and Subscriptions to manage the full contract lifecycle.
- Templates and merging – Quickly generate contracts using templates and CRM-linked data.
- Approval workflows – Automate sign-offs using Odoo’s Approvals app and workflow rules.
- Document repository – Store and tag contracts with OCR-enabled search.
- Built-in e-signature – Use Odoo Sign to send and track e-signature requests.
- Custom automation – Customize forms and actions with Odoo Studio or open-source development.
Odoo Contracts pros
- Contracts live alongside CRM, billing, and projects
- Open-source and highly customizable
- Free tier available for one app
- On-premise and cloud deployment options
- Constantly evolving with community features
Odoo Contracts cons
- Not built specifically for CLM workflows
- Customer/vendor contracts require piecing together apps
- Setup may need expert help
- Interface can feel ERP-heavy
- Lacks built-in analytics for contract performance
Odoo Contracts pricing
- One App Free: $0 for unlimited users (one app only)
- Standard Plan: ~$31.10/user/month (all core apps)
- Custom Plan: ~$38.90/user/month (adds third-party support)
#10: Contract Hound
Contract Hound is a lightweight, cloud-based Contract Management tool built for small businesses, startups, and nonprofits. Developed by Contract Hound, it’s designed to make post-signature contract tracking simple and stress-free—no legal team required.
If you just need a place to store contracts and get deadline reminders, this one’s for you.
Contract Hound features
- Cloud repository – Store, tag, and organize contracts securely in folders.
- Deadline alerts – Get unlimited reminders for expirations, renewals, or reviews.
- Simple approvals – Route contracts to managers with basic one- or two-step workflows.
- Collaboration – Leave notes and manage version history without editing in-app.
- Mobile-friendly UI – Easily manage contracts on desktop or mobile.
- DocuSign integration – Send contracts for signature and auto-store completed versions.
Contract Hound pros
- Easy to use
- Unlimited users and alerts
- Affordable for small teams
- Clean interface with zero clutter
- Month-to-month plans with no lock-in
- Cloud-based deployment
Contract Hound cons
- No built-in contract creation or editing
- Basic search and organization only
- Lacks OCR or in-document text search
- No recurring notifications
- Scales pricing by contract volume
Contract Hound pricing
- 50 contracts: $95/month
- 100 contracts: $190/month
- 500 contracts: $950/month
Plans include all features and unlimited users. A 14-day free trial is available. Custom quotes apply for more than 500 contracts.
Wrapping up
Choosing the right CLM software depends on your team’s size, needs, and how contracts fit into your overall operations. Whether you're looking for an enterprise powerhouse like DocuSign CLM, a flexible open-source option like OpenContractR, or an integrated ITAM solution like InvGate Asset Management, there’s a tool out there that fits your workflow.
From simplicity to scalability, this top 10 list offers something for everyone. The best part? Many of these tools offer free trials or freemium plans—so you can try before you commit. Happy contract managing!
