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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

Komtrakt, created by Lexplosion Solutions, is an all-encompassing software solution for contract management that aims to optimize the entire contract lifecycle through streamlined workflows and timely reporting. This platform boasts a variety of capabilities, including a web-based contract repository organized by hierarchy, version control, proactive notifications, obligation monitoring, and the ability for multiple users to review documents simultaneously. Users can also create and modify contracts both online and offline, while the software features auto-archiving, comprehensive reporting tools, and a powerful search function for quick access to contract details. By centralizing contract storage and minimizing the time needed before execution, as well as enabling effective tracking of key milestones, Komtrakt assists businesses in reducing contract-related risks and improving governance. Additionally, it allows for the seamless tracking, escalation, and reporting of contract obligations and internal responsibilities, making it a vital tool for any organization focused on enhancing its contract management process. The ability to search any text within contract documents further enhances usability and efficiency.

Description

Workday Contract Lifecycle Management (CLM), powered by Evisort AI, is a comprehensive platform that modernizes and accelerates the contracting process. It automates end-to-end workflows, enabling organizations to draft, negotiate, approve, and store contracts more efficiently. Built-in AI tools support automated redlining, clause management, and customizable contract templates to reduce review time. The “Ask AI” functionality allows users to instantly query contract data and surface risks, obligations, and opportunities. Advanced search capabilities and interactive dashboards provide deep visibility into contract performance and compliance. Seamless integrations with platforms such as Box, SharePoint, and Salesforce ensure data consistency across repositories. Teams can collaborate in real time, track version changes, and manage approvals from a single interface. Custom AI models adapt to specific business needs, enhancing flexibility and precision. By eliminating manual bottlenecks, the platform shortens contract cycles and improves operational reliability. Workday CLM empowers legal, procurement, and finance teams to contract faster while maintaining control and compliance.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Adobe Acrobat Sign No 
Bchex No 
Box No 
Docusign No 
Dropbox No 
FMI Works No 
Gmail No 
Google Drive No 
Healthee No 
Microsoft OneDrive No 
Microsoft SharePoint No 
Microsoft Word Yes 
Salesforce No 
Workday HCM No 

Integrations

Adobe Acrobat Sign Yes 
Bchex Yes 
Box Yes 
Docusign Yes 
Dropbox Yes 
FMI Works Yes 
Gmail Yes 
Google Drive Yes 
Healthee Yes 
Microsoft OneDrive Yes 
Microsoft SharePoint Yes 
Microsoft Word No 
Salesforce Yes 
Workday HCM Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac Yes 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

Lexplosion Solutions

Founded

2007

Country

India

Website

lexplosion.in/products-services/contracts/komtrakt/

Vendor Details

Company Name

Workday

Founded

2005

Country

United States

Website

www.workday.com/en-us/products/contract-management/contract-lifecycle-management.html

Product Features

Contract Management

Buy Side (Suppliers) No 
Completion Tracking No 
Compliance Tracking No 
Contract Lifecycle Management No 
Electronic Signature No 
Full Text Search No 
Government Contracts No 
Pre-built Templates No 
Sell Side (Customers) No 
Specialty Contracts No 
Version Control No 
Workflow Management No 

Product Features

Contract Management

Buy Side (Suppliers) No 
Completion Tracking No 
Compliance Tracking No 
Contract Lifecycle Management No 
Electronic Signature No 
Full Text Search No 
Government Contracts No 
Pre-built Templates No 
Sell Side (Customers) No 
Specialty Contracts No 
Version Control No 
Workflow Management No 

Alternatives

Alternatives

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