Key takeaways
- The top contract creation software include Docupilot, Ironclad, Documint, ContractNow, Juro, Agiloft, and PandaDoc
- To choose a suitable contract creation tool, look for contract drafting, automation, collaboration, e-signature, and storage features
- Simplify your search, choose Docupilot for flexible contract creation and automation of repetitive contracts
In 2024, countless tools claim to make contract creation easier. From robust, highly technical platforms to simple, intuitive solutions, there’s a tool for every need.
Smart businesses don’t settle for just any tool—they choose one built precisely for their goals. For example, a legal business will prioritize contract creation software that offers flexibility in adding conditions, contingencies, and trade-offs, while requiring minimal technical know-how to implement automation.
Finding the right contract creation software means choosing a tool that reduces busywork and helps users spend more time on client relationships, sales, etc. It should save you time, reduce data risk, integrate seamlessly with incumbent systems, and grow with your contract needs.
In this article, we’ll analyze the best options based on core features, usability, security, and integration so you can confidently make the right choice for your business.
What is Contract Creation Software?
Contract creation software helps businesses and legal professionals create, manage, and distribute contracts. With this software, you can draft legally binding agreements and save them as templates for recurring use, saving time and increasing consistency and accuracy.
Features to Look For in a Contract Creation Software
There are numerous features associated with each contract phase. The key ones to prioritize include:
Drafting
Drafting shouldn’t always require you to start from scratch every time. Your contract drafting software should offer templates and allow you to import legacy contracts, with ease.
To ensure you’re producing high-quality contracts every time, your contract drafting tool should provide all the essential features for efficient, professional drafting.
Identify a tool with deep automations for rich formatting including images, links, and tables, allowing you to create clear, readable, and customizable templates - at scale.
Contract generation and workflow automation
If you frequently create bulk contracts with minor tweaks, filling templates manually wastes time and increases errors. Opt for automation features like merge fields, conditional logic, and integrations with your data sources (like Sheets, Hubspot, and Airtable) to auto-populate fields and dynamically adjust template sections, resulting in customized contracts.
Customizing user privileges
This feature lets you invite other users in your company external parties to contribute, manage, and QC contracts in real time for faster finalization. Prioritize contract generation tools that allow multiple users with role-based access control to ensure only authorized individuals can view, edit, or suggest changes.
E-signing
Your contract creation tool should offer native e-signature features or integrations to bake signing into the contract workflow. That said, e-signature tools should comply with legal standards such as Electronic Signature in Global and National Commerce Act (ESIGN Act) and Electronic Identification, Authentication, and Trust Services (eIDAS), like DocuSign and Adobe Sign do.
Contract repository
Repository features ensure contracts remain organized and easily accessible. Your contract creation tool should offer a central hub for organizing contracts using folders, statuses, tags, dates, and authors. Robust search features and version history enable easy filtering and allow you to view or revert to previous versions as needed.
Top 7 Contract Creation Software to Close Deals Faster
1. Docupilot
Docupilot is the tool that does it all—from drafting to automation, collaboration, signing, and storage. With dynamic field options and powerful integrations, Docupilot is particularly suited for automating repetitive contracts.
Unlike some contract drafting tools that are tricky to implement, Docupilot is user-friendly and easy to set up, even for first-time users of a contract generation tool as this user testified:
“...no other tool is available to accomplish the tasks this tool completes! All alternatives really want to make things as difficult as possible versus being as simple as 'upload a PDF' and 'upload a CSV.' There is no easier tool to use or implement than this. It took maybe 30 seconds to integrate my Google Drive and upload my PDF and CSV.”
Getting started is simple: just create or upload your template, add merge fields, integrate with your data sources, and let Docupilot generate contracts while you focus on other tasks. And, if you need assistance, our responsive support team is just a click away through the chatbot.
What about security? Docupilot offers two-factor authentication, HIPAA compliance, and end-to-end encryption to keep your documents safe 24/7.
Key Docupilot Features
Merge Fields: These are the placeholders you add to your templates to make them customizable. For example, when creating a sales contract, you can use merge fields like {{Client Name}}, {{Contract Date}}, or {{Service Type}}, which will be replaced with real data from your data sources. In Docupilot, merge fields types include tokens, conditions, and tables. Here’s how to use them:
Integration: Contract automation is only as effective as the integrations your tool supports. Docupilot removes this limitation by integrating natively with Zapier, connecting you to over 7,000 tools, and Make, which links to over 1,900, significantly expanding integration options.
This flexibility enables you to create approval workflows and collaborate using your preferred communication tools. Plus, setup is a breeze.
Various Template Creation Options: With Docupilot, you can easily import your existing contracts in various formats, including Word, PDF, PTS, and XLSX, simply by dragging and dropping them.
You can also create new templates using our AI-powered contract drafting tool or choose from our extensive template library.
Using our advanced formatting toolset, you can edit your documents as you desire.
Invite and Manage Users: Docupilot enables collaboration among multiple users, allowing team members to work on different parts of the contract simultaneously. You can invite users through the settings and assign roles such as owner, admin, manager, billing manager, and member. Each user role includes specific privileges, ensuring you can provide informed access.
Additionally, you and your editors can add comments to specific sections of the contract to aid discussions and keep everyone aligned.
E-signature: Docupilot natively integrates with popular e-signature tools such as Yousign, Signable, SignNow, DocuSign, Xodo Sign, and DropboxSign. Setting up these integrations is straightforward and only takes a few clicks, as seen with this SignNow integration.
Folders and Search Functionality: Create custom folders to sort your documents by client, project, or contract type. Plus, Docupilot offers a powerful search functionality to help you quickly find and retrieve contracts in seconds. No more wasting time scrolling through endless files!
Pros
- User-friendly interface that reduces the learning curve
- Affordable and flexible pricing
- Robust contract creation and automation features
Cons
- While it’s suitable for various functions, it excels more as an automation tool
Pricing
You can take Docupilot for a free 30-day test drive, after which you can choose from our six pricing plans. Each plan provides access to all features and includes generous credits to generate contracts. The plans include:
Learn how to automate document creation with Docupilot
According to a Thompson Reuters, respondents who use document automation for lease agreements (22%) report that they have time to Leverage workflows to develop new business models with clients and Win new clients with better business development.
Stuck in a never ending loop of creating documents?
Spending hour after hour only to end up with error-filled documents? Sprained your eyes and fingers finding and replacing prospect and customer names?