Skip to product menu
close
  • Recent Launches
    Press Space or Enter to display list of options
EXPLORE ALL PRODUCTS

Recent Launches

New

Payroll software with automated tax payments and filing.

Try now
New

Robotic process automation software to automate high-volume, rule-based tasks.

Try for free
New

Low-code IoT platform and solutions for connected businesses.

Try now
New

Business formation service to launch and grow your businesses.

Try now
New

Privacy-friendly application analytics solution.

Try for free

Sales

 
CRM

Comprehensive CRM platform for customer-facing teams.

CRM
 
Bigin

Simple CRM for small businesses moving from spreadsheets.

Bigin
 
Forms

Build online forms for every business need.

Forms
 
SalesIQ

Live chat app to engage and convert website visitors.

SalesIQ
 
Bookings

Appointment scheduling app for consultations with customers.

Bookings
 
Sign

Digital signature app for businesses.

Sign
 
RouteIQ

Comprehensive sales map visualization and optimal route planning solution.

RouteIQ
 
Thrive

Complete loyalty and affiliate management platform.

Thrive
 
Voice

Cloud Contact Center Software for businesses.

Voice
 
Suites
CRM Plus

Unified platform to deliver top-notch customer experience.

CRM Plus

Marketing

 
Social

All-in-one social media management software.

Social
 
Campaigns

Create, send, and track targeted email campaigns that drive sales.

Campaigns
 
Forms

Build online forms for every business need.

Forms
 
Survey

Design surveys to reach and interact with your audience.

Survey
 
Sites

Online website builder with extensive customisation options.

Sites
 
PageSense

Website conversion optimization and personalisation platform.

PageSense
 
Backstage

End-to-end event management software.

Backstage
 
Webinar

Webinar platform for webcasting online webinars.

Webinar
 
Marketing Automation

All-in-one marketing automation software.

Marketing Automation
 
LandingPage

Smart landing page builder to increase conversion rates

LandingPage
 
Publish

Manage all your local business listings on a single platform.

Publish
 
SalesIQ

Live chat app to engage and convert website visitors.

SalesIQ
 
Sign

Digital signature app for businesses.

Sign
 
Thrive

Complete loyalty and affiliate management platform.

Thrive
 
Voice

Cloud Contact Center Software for businesses.

Voice
 
NEW
LeadChain

Sync, manage, and convert leads across channels seamlessly.

LeadChain
 
NEW
CommunitySpaces

Online community platform for individuals and businesses to grow their network and brand.

CommunitySpaces
 
Suites
Marketing Plus

Unified marketing platform for marketing teams.

Marketing Plus

Commerce and POS

 
Commerce

eCommerce platform to manage and market your online store.

Commerce

Service

 
Desk

Helpdesk software to deliver great customer support.

Desk
 
Assist

Remote support and unattended remote access software.

Assist
 
Lens

Interactive remote assistance software with augmented reality.

Lens
 
FSM

End-to-end field service management platform for service businesses.

FSM
 
SalesIQ

Live chat app to engage and convert website visitors.

SalesIQ
 
Voice

Cloud Contact Center Software for businesses.

Voice
 
NEW
Solo

The all-in-one toolkit for solopreneurs.

Solo
 
Bookings

Appointment scheduling app for consultations with customers.

Bookings
 
Suites
Service Plus

Unified platform for customer service and support teams.

Service Plus

Finance

 
Books

Powerful accounting platform for growing businesses.

Books
 
FREE
Invoice

100% Free invoicing solution.

Invoice
 
Expense

Effortless expense reporting platform.

Expense
 
Inventory

Powerful stock management and inventory control software.

Inventory
 
Billing

End-to-end billing solution for your business.

Billing
 
Checkout

Collect payments online with custom branded pages.

Checkout
 
NEW
Payroll

Payroll software with automated tax payments and filing.

Payroll
 
NEW
Solo

The all-in-one toolkit for solopreneurs.

Solo
 
Practice

Practice management software for accounting firms.

Practice
 
Sign

Digital signature app for businesses.

Sign
 
Commerce

eCommerce platform to manage and market your online store.

Commerce
 
Suites
Finance Plus

All-in-one suite to manage your operations and finances.

Finance Plus

Email and Collaboration

 
Mail

Secure email service for teams of all sizes.

Mail
 
Meeting

Online meeting software for all your video conferencing & webinar needs.

Meeting
 
Writer

Word processor for focused writing and discussions.

Writer
 
Sheet

Spreadsheet software for collaborative teams.

Sheet
 
Show

Create, edit, and share slides with a sleek presentation app.

Show
 
Notebook

Beautiful home for all your notes.

Notebook
 
Cliq

Stay in touch with teams no matter where you are.

Cliq
 
Connect

Employee experience platform to communicate, engage, and build positive employee relations.

Connect
 
Bookings

Appointment scheduling app for consultations with customers.

Bookings
 
TeamInbox

Shared inboxes for teams.

TeamInbox
 
WorkDrive

Online file management for teams.

WorkDrive
 
Sign

Digital signature app for businesses.

Sign
 
Office Suite

Powerful collaborative work platform for teams.

Office Suite
 
Office Integrator

Built in document editors for web apps.

Office Integrator
 
ZeptoMail

Secure and reliable transactional email sending service.

ZeptoMail
 
Calendar

Online business calendar to manage events and schedule appointments.

Calendar
 
Learn

Knowledge and learning management platform.

Learn
 
Voice

Cloud Contact Center Software for businesses.

Voice
 
ToDo

Collaborative task management for individuals and teams.

ToDo
 
Tables

Work management tool to connect people, processes, and information.

Tables
 
FREE
PDF Editor

Collaborative online PDF editing tool.

PDF Editor
 
Suites
Workplace

Application suite built to improve team productivity and collaboration.

Workplace

Human Resources

 
People

Organize, automate, and simplify your HR processes.

People
 
Recruit

Intuitive recruiting platform built to provide hiring solutions.

Recruit
 
Expense

Effortless expense reporting platform.

Expense
 
Workerly

Manage temporary staffing with an employee scheduling solution.

Workerly
 
NEW
Payroll

Payroll software with automated tax payments and filing.

Payroll
 
Shifts

Employee scheduling and time tracking app.

Shifts
 
Sign

Digital signature app for businesses.

Sign
 
Suites
People Plus

Comprehensive HR platform for seamless employee experiences.

People Plus

Security and IT Management

 
Creator

Build custom apps to simplify business processes.

Creator
 
Directory

Workforce identity and access management solution for cloud businesses.

Directory
 
FREE
OneAuth

Secure multi-factor authenticator (MFA) for all your online accounts.

OneAuth
 
Vault

Online password manager for teams.

Vault
 
Catalyst

Pro-code platform to build and deploy your apps.

Catalyst
 
Toolkit

Complete resource for any admin-related lookup queries.

Toolkit
 
Lens

Interactive remote assistance software with augmented reality.

Lens
 
Assist

Remote support and unattended remote access software.

Assist
 
QEngine

Test automation software to build, manage, execute, and report testcases.

QEngine
 
NEW
RPA

Automate manual, tedious, and repetitive tasks easily.

RPA

BI and Analytics

 
Analytics

Modern self-service BI and analytics platform.

Analytics
 
Embedded BI

Embedded analytics and white label BI solutions, tailored for your needs.

Embedded BI
 
DataPrep

AI-powered data preparation service for your data-driven organization.

DataPrep
 
NEW
IoT

Harnessing IoT analytics for real-time operational intelligence.

IoT

Project Management

 
Projects

Manage, track, and collaborate on projects with teams.

Projects
 
Sprints

Planning and tracking tool for scrum teams.

Sprints
 
BugTracker

Automatic bug tracking software for managing bugs.

BugTracker
 
NEW
Solo

The all-in-one toolkit for solopreneurs.

Solo

Developer Platforms

 
Creator

Build custom apps to simplify business processes.

Creator
 
Flow

Automate business workflows by creating smart integrations.

Flow
 
Catalyst

Pro-code platform to build and deploy your apps.

Catalyst
 
Office Integrator

Built in document editors for web apps.

Office Integrator
 
ZeptoMail

Secure and reliable transactional email sending service.

ZeptoMail
 
QEngine

Test automation software to build, manage, execute, and report testcases.

QEngine
 
Tables

Work management tool to connect people, processes, and information.

Tables
 
NEW
RPA

Automate manual, tedious, and repetitive tasks easily.

RPA
 
NEW
Apptics

Application analytics for all apps.

Apptics
 
Embedded BI

Embedded analytics and white label BI solutions, tailored for your needs.

Embedded BI
 
NEW
IoT

Build, deploy, and scale IoT solutions for connected businesses.

IoT
 
DataPrep

AI-powered data preparation service for your data-driven organization.

DataPrep

IoT

 
NEW
IoT

Low-code IoT platform and solutions for connected businesses.

IoT

Search Result

 
CRM Plus

Unified platform to deliver top-notch customer experience.

Try now
CRM Plus
 
Service Plus

Unified platform for customer service and support teams.

Try now
Service Plus
 
Finance Plus

All-in-one suite to manage your operations and finances.

Try now
Finance Plus
 
People Plus

Comprehensive HR platform for seamless employee experiences.

Try now
People Plus
 
Workplace

Application suite built to improve team productivity and collaboration.

Try now
Workplace
 
Marketing Plus

Unified marketing platform for marketing teams.

Try now
Marketing Plus
 
All-in-one suite

Zoho One

The Operating System for Business

Run your entire business on Zoho with our unified cloud software, designed to help you break down silos between departments and increase organizational efficiency.

TRY ZOHO ONE
Zoho One
Zoho Marketplace

With over 2000 ready-to-use extensions across 40+ categories, connect your favorite business tools with the Zoho products you already use.

EXPLORE MARKETPLACE
Marketplace
Skip to main content

Introducing Zoho Contracts: Contract lifecycle management (CLM) software

  • Last Updated : December 6, 2023
  • 843 Views
  • 5 Min Read
Zoho Contracts launch

We’re excited to announce the launch of Zoho Contracts—Zoho’s take on contract lifecycle management (CLM). With this launch, we’ve reached a new milestone in Zoho’s journey of providing software solutions to run an entire business on the cloud. To our already impressive arsenal of functions, such as sales & marketing, finance, and HR, we’re now adding a whole new category: legal.

Why modern businesses need a digital CLM    

Contracts govern every penny that enters or leaves a business. If businesses are equipped with the right contract management software to manage them, they can transform contracts from static documents into strategic assets.

In a business landscape that keeps rapidly changing with the evolution of technology:

  • Regulatory measures are cropping up more often,

  • Global supply chains are becoming increasingly complex, and

  • Sales models are growing more diverse.

This state of flux demands digital contracts that can be easily accessed and amended. A powerful contract management software lets you automate and streamline contract processes and unlock the real potential within them. With CLM, legal teams can save a significant amount of time that can then be invested in high-value tasks.

Our approach to contract lifecycle management    

In addition to delivering efficiency in legal operations, a contract management software should also facilitate better business outcomes. To be able to achieve this, any contract management software should comprehensively address the following aspects of legal operations:

  • Streamlining the entire contract lifecycle

  • Improving governance

  • Mitigating business risks

  • Promoting cross-functional integrations

    Streamlining the contract lifecycle 

Authoring: Our extensive library of predefined contract templates, and the ability to create custom templates in Zoho Contracts, makes contract authoring a breeze.  Contract type templates and the clause library in Zoho Contracts brings a structured approach to contract authoring. It saves a significant amount of time at the authoring stage and ensures language consistency across all your contracts. Our document editor boasts advanced document assembly capabilities, in addition to all the collaborative editing, contextual commenting, and fillable field features available in Zoho Writer.

Approvals: Contracts are legally binding, so their content needs to be clear, concise, and accurate. An approval process can improve compliance and reduce risks by ensuring that the stakeholders are aware of the contract’s scope before they’re executed. In Zoho Contracts, admins can set up approval workflows—both sequential and parallel—and associate them with contract types. Approvers can add contextual comments in the documents and approve or reject them.

Negotiations: Unlike the traditional approach, where you send contract documents back and forth as email attachments, Zoho Contracts allows you to provide controlled access to counterparty contacts, via password-protected links. Counterparty contacts can collaborate in real time, suggest changes to the document, make contextual comments, and set visibility for them. The negotiation history tracking and compare changes features come in particularly handy when there are multiple rounds of negotiation.

Execution: Zoho Contracts comes pre-integrated with Zoho Sign (esignature software), making this crucial stage of the contract lifecycle quick and effortless. Eliminate the email, print, sign, and fax cycles and reduce turnaround time drastically. Sign and secure legally binding signatures in minutes. You can also specify a signing order that pans across the signer groups: organization signers, counterparty signers, and other representatives such as witnesses.

Post-execution management: Zoho Contracts supports the post-execution stages, as well: amendments, renewals, extensions, and terminations. It comes with predefined letter templates that are customizable for each of these stages. Conventional templates only provide a skeletal structure of the document, where members can contextually edit the content to make it complete. Whereas in Zoho Contracts, when a user amends a contract by making changes in the contract, the amendment letter that gets generated automatically captures the current changes along with the entire contract history. This near elimination of human intervention in document generation makes the lifecycle management of post-execution contracts refreshingly straightforward.

Improving governance   

Analytics: Admins can make well-informed decisions by arriving at actionable business insights gleaned from a plethora of diverse contract data. Zoho Contracts comes with 30+ standard reports across different aspects of contract management. The personalized dashboard gives a high-level overview of your business contracts at a glance.

Activity tracking: Zoho Contracts has activity tracking on three different levels:

  • Contract level

  • User level

  • Stage level (approval, negotiation, signature)

All activities performed by users on these levels are tracked chronologically. The stage-level tracking presents the contract owner with information on whether the people involved in that stage have received the email notification, viewed the document, and performed the intended action along with the time stamps.

Admin settings: Admins can structure the contract lifecycle process by configuring the clause library, contract type templates, contract letter templates, and approval workflows for contract types. The activity, access, and audit logs provide better visibility over organization-wide activities.

Mitigating business risks   

While adding appropriate clauses, such as indemnity and limitations of liability, can alleviate risks at an individual contract-level, only a holistic contract management process designed with risk mitigation in mind can make your business truly risk-ready.

Zoho Contracts, with its peer-review and approval workflow capabilities, provides better transparency over contract terms to all the stakeholders involved. Setting up a clause library with legally approved languages and contract type templates will act as guide rails for contract authors. The governance settings mentioned above give admins better control over the contract process, thereby improving compliance.

Contextual obligation section: Not fulfilling contract obligations is one of the critical risk factors for a business. Failing to fulfill obligations can result in adverse regulatory and financial consequences, and also leaves the organization with damaged business relationships. In Zoho Contracts, all the obligations related to a contract can be tracked and managed right from within the respective contract’s obligations section. The contract owner can assign obligations to the respective business owners and set reminders for them. Admins can stay on top of these obligations’ real-time progress with the help of obligation-based reports.

Promoting cross-functional integrations   

Contracts are dynamic documents touching every part of your business. The growing significance of the role of contracts necessitates cross-functional visibility and collaboration over them. In our first version, we support Zoho CRM integration. Sales agents can initiate a contract from the related section of a deal record in CRM and track the contract’s status from CRM. We have multiple third-party integrations and integrations with other Zoho apps in our roadmap. Zoho Contracts will also be a part of the Zoho One bundle.

Visit our website

Get started now 

Get hands-on experience with how Zoho Contracts can positively transform your legal operations by signing up for our free trial. To know the details about pricing, check out our pricing and edition comparison pages.

Related Topics

  • Arjun

    An engineer turned writer and marketer. Loves deep tech and deep talks.

You may also like