In summary, each software is close in terms of its functionality. For dealcloser, they are slightly more focused on ‘Transaction Management’, with a particular focus on its signature and closing book generation. Agreemint and Summize on the other hand is more about ‘contract review, version control, and creation’. Summize enables reviews with instant summaries, provides definitions of terms and customisable clause banks and libraries. Agreemint has these features on its roadmap as well in what they call an ‘AI scanner’, that functions similar to what Summize does, and also provides a clause library. So overall, they help lawyers become more efficient with contracts and fix some of the tedious aspects of the contract lifecycle. Therefore, choosing between these softwares depends to a certain extent whether you prefer contract management software, or contract review/creation software.

Workflow Automation

• Agreemint has an intuitive drag and drop wireframing tool to create workflows for any type of user. A common use case is the ability to create contract wizards for law firm customers, without the redundancy in the process. This is also useful for creating ‘if then’ type workflows for playbook resolution in contracts that are in play. The workflow designer of Agreemint integrates with their own Template and Clause library to create logic based on your own defined language set.
• dealcloser automates many aspects of the closing process from signature page generation to tracking of the status of documents. Notifications can be sent to clients who have yet to sign documents in order to remind them to access their project and sign outstanding documents. At the end of a project, a closing book can be created with the click of a button.

Centralized Workspace

• Summize enables collaboration with a Cloud-based  centralized workspace that enables different user permission levels and makes sharing contracts extremely easy with a Microsoft Teams and Outlook integration, as well as read-only shareable links. So you can work on a matter, and share it with someone else to edit only the parts you give access to.
• The platforms Agreemint and dealcloser also invite their users to a centralized workspace. Agreemint also has tight controls on who can do what in the centralized workspace, including who can edit, accept edits, who can review, who can forward invites, etc.
• dealcloser has both a role based system for collaborator access and a permissions system to control document visibility. Agreemint does this too and has just added a new feature where they can give a person access to edit only a specific section of a contract so that some sections are only editable by assigned users.

Contract Statuses

• Agreemint, Summize, and dealcloser each provide statuses on their documents or signature agreements.
• dealcloser has a handy ‘Notify Signers’ button that with one click, auto generates an email to remind the parties to sign their agreements.
• Agreemint uses a Publish button, to notify all interested users an update occurred or action is required.

Contract Editing / Updateable Using Variable Technology

• With Agreemint, it is easy to update documents with ease using ‘variable technology’, or what they call ‘Smart Tags’ to quickly change a variable such as updating dates or parties, whose change will apply across the entire contract.
• However, dealcloser is compatible with Microsoft Word which has its own replace (Ctrl + H) function, though it’s changes cannot be specified to a certain variable. Summize which also integrates with Microsoft Word can update variables as well.

Redlining

• Agreemint, Summize, and dealcloser all allow redlining between multiple versions of contracts.
• Agreemint’s redlining technology includes weight based redlines, to add importance value to a redline, to help in looking for a playbook that can be solved in real time. This also helps in organizing your redlines by weight value, a big time saver for large documents.
• dealcloser lets you compare redlines very quickly. You maintain version control as well by uploading the new version of a document and clicking a button to automatically red-line any changes that have been made so you can easily see the difference between the old and new version. Agreemint allows users to review history of edits, and go versions back by reviewing history.

Signature Page Generation

• dealcloser has the ability to automatically generate signature pages. dealcloser also offers a digital signing system as part of their proprietary signature system that digitally signs the document with a tamper-proof seal and also appends a Certificate of Record automatically to the document.
• Agreemint also does offer in house signing via Agreemint API, which is useful for click wrap type Agreemints (policy updates, renewals, etc).  But most cases users use Docusign or Hellosign along with Agreemint docs.

Closingbook Generation

• dealcloser generates one-click closing books.
• Summize does not generate closing books.

Clause Library

• For Summize, their clause library, with over 100 pre-made clauses and the ability to create your own, lets you draft your own contracts. You can start with a blank document, choose from a template such as an NDA or lease, then click on the clauses Summize produces to populate them in the document. It also provides a to-do list that can be populated at the click of a button.
• Agreemint also has the ability to create both clause libraries and template libraries. Both can be categorized by risk, importance, or whatever level an admin wishes. This later is used for workflow automation to create wizards for external users.

Price

• Agreemint: $100.00/month/ 2 users
• dealcloser: $69-$79/month
• Summize: $125/month for full, unrestricted access but prices for business users and the Microsoft Word Add-In start from under $50.

‍