Apttus Review

Apttus
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Vendor:
Founded:
Headquarters:
Apttus
Apttus
2006
San Mateo, CA
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Free Trial:
Private
300+
Cloud
Yes

Apttus At A Glance

Good: Apttus is designed with the intricacies of enterprise companies in mind, offering a variety of features for nearly any use case.
Bad: Mid- to large-sized businesses may find the solution too clunky and complex.
Bottom Line: Apttus can streamline contract lifecycle management for enterprise companies, like PayPal and LinkedIn, with diverse needs.

Product Overview

Apttus is designed with the intricacies of enterprise companies in mind, offering a variety of features for nearly any use case and streamlining contract lifecycle management for companies that have diverse and expansive needs, like PayPal and LinkedIn.

Trusted by over 70 Fortune 500 companies, Apttus allows users to control the process of creating and managing contracts, leveraging them as a strategic advantage for both buy-side and sell-side agreements.

Apttus harnesses the power of machine learning and artificial intelligence (AI) to assist businesses in creating visibility and automating much of the contract lifecycle management process.

This contract management solution will integrate with any customer relationship management (CRM) solution.

Features

Apttus Contract Lifecycle Management offers a range of features for its customers, including:

  • Contract standardization – Enterprise businesses need to have consistency with all of their contracts. Contract standardization allows users to import and create their own legal playbooks, automatically assemble contracts based on predetermined rules, and allow for role-based access and permissions so only certain users can modify aspects of the contract.
  • Compliance monitoring – Apttus provides a central, global repository for all contracts and will monitor for compliance by tracking terms and changes, managing exceptions and providing an audit trail.
  • Visibility for buy- and sell-side – With so many contracts in-play, it can be difficult to determine specific contractual obligations. Apttus’ visibility feature offers full-text search functions, filtering, saved searches and audit history.
  • AI-managed workflows – To save time and money, Apttus offers AI-managed workflows to its users. This feature allows for the set-up of self-service contract wizards, one-click generation of contracts and a delegation of authority matrix (for getting approvals if someone is out of the office). It also integrates with e-signature services to get contracts approved faster.