You’re negotiating a big deal, and you know there’s something in one of your old contracts that could give you an edge. But no matter how hard you search, you can’t find it. It’s buried somewhere in a digital file cabinet or a physical folder. This situation is familiar, and it can cost businesses dearly.
57% of business development leaders reported slower revenue due to contracting inefficiencies, according to a survey by EY Law and the Harvard Law School Center on the Legal Profession. [Source: PR Newswire]
This lack of structure results in wasted time and lost revenue opportunities, underscoring the need for better contract management tools.
Contract analytics software solves these challenges by flagging issues, ensuring compliance, and improving contract visibility.
This article explores the top 5 contract analytics software programs tailored for legal professionals. It will help you choose the right tool to streamline your workflows and avoid mistakes.
What is contract analytics software?
Contract analytics software is a specialized tool that uses artificial intelligence (AI) and machine learning (ML) to analyze legal documents, extracting and interpreting critical information to uncover insights into contractual obligations, risks, and performance metrics.
It automates tedious tasks like reviewing clauses, tracking deadlines, and ensuring contract compliance, saving time and reducing the chances of human error.
Contract analytics software is designed to help businesses gain better visibility into their contracts by:
Analyzing contract clauses, terms, and obligations to uncover patterns, monitor compliance, and identify opportunities for improvement.
Extracting key data points like renewal dates, obligations, and payment terms, and ensuring critical information is accessible for ongoing management.
Providing contex tual insights into contract data, such as identifying renewal opportunities, tracking performance trends, and highlighting areas for cost reduction.
Converting scanned or image-based contracts into searchable, editable formats, enabling analysis of legacy agreements and paper-based contracts.
This contract tracking software is particularly beneficial for legal teams, procurement departments, and sales teams, making it easier to manage high volumes of contractual obligations. It reduces the risks of missed opportunities and the inefficiencies of manual tracking.
By leveraging advanced technology, it enables businesses to make smarter decisions and streamline their contract lifecycle management processes.
How we evaluated top contract analytics software for legal
To narrow down the best contract analytics tools, we analyzed over 35 platforms, considering factors like:
AI and machine learning capabilities
Integration options
Ease of use
Accuracy in data extraction and insights
Scalability for enterprises and SMEs
We also reviewed ratings from platforms like G2, Capterra, and TrustRadius, alongside user reviews from industry forums.
Here’s what made our list of the top 5 contract analytics software.
Quick overview of the top 5 contract analytics software
Software | Best For | Pricing | Free Trial |
HyperStart | SMEs & Enterprises | $$ | ✓ |
Conga CLM | Large Enterprises | $$$ | ✗ |
Gatekeeper | Vendor & Contract Management | $$ | ✓ |
Summize | Legal Teams & SMEs | $$ | ✓ |
Ironclad | Enterprise Workflows | $$$ | ✗ |
Let’s explore each software in detail.
Best contract analytics software for legal teams
1. HyperStart CLM
HyperStart CLM is an AI-powered contract management solution that excels in contract analytics, providing organizations with powerful tools to manage and analyze their contracts effectively. This platform integrates advanced technologies such as artificial intelligence (AI) and machine learning (ML) to automate obligation tracking with contract intelligence and leverage optical character recognition (OCR) for more accurate metadata extraction.
HyperStart CLM leverages AI to automate the tracking of contract expiry dates and other key obligations, leaving nothing to chance. The platform uses machine learning to intelligently monitor contract timelines and obligations, ensuring that important deadlines are met without error.
Features of HyperStart CLM
Here are the top features of HyperStart CLM.
Features | Description |
AI-Powered Contract Data Extraction | Automatically extracts key contract data such as terms, dates, obligations, and clauses. |
Automated Renewal Tracking | Tracks contract renewals and expiration dates automatically. |
Obligation Management | Monitors all contractual obligations to ensure compliance. |
OCR Technology | Scans and converts contracts into searchable text formats. |
Advanced Search and Filters | AI-driven search options on a centralized repository for quick access to contracts or specific clauses. |
See HyperStart in action 👇
Highlights of HyperStart CLM for contract analytics software
99%
Accurate AI Engine
$20
Saved Per Contract
5x
Faster Contract TAT
By combining automated post-execution obligation management with cutting-edge contract analytics, HyperStart CLM ensures legal teams and businesses can make data-driven decisions, avoid compliance risks, and capture full contract value.
2. Conga CLM

Designed to help organizations streamline their contract processes, Conga CLM integrates analytics capabilities to provide businesses with critical information that supports decision-making, compliance, and operational efficiency.
Conga CLM excels in extracting key data points from contracts, such as clauses, obligations, and renewal dates. Conga CLM’s analytics tools provide actionable insights by uncovering patterns in contract performance and highlighting areas for cost savings.
With built-in tools to analyze and manage contract obligations, Conga provides actionable insights into contracts, reducing the manual effort needed to review complex agreements. Conga’s integration with Salesforce and native AI-powered analytics make it a standout choice for enterprise-level contract management.
Key features of Conga CLM
AI-powered data extraction: Extracts key clauses, terms, and obligations from contracts with precision, minimizing manual effort.
Smart search and retrieval: Perform AI-driven searches across the repository for specific clauses, terms, or contract obligations.
Obligation tracking and monitoring: AI tracks contractual obligations and milestones, sending automated alerts and reminders.
Contract analytics: Analyzes contract data to provide real-time insights into trends, risks, and performance.
Pros of Conga CLM
Handles a high volume of contracts and users without breaking a sweat, making it perfect for larger teams.
Integrates with tools like Microsoft Word, Salesforce, and e-signature solutions like DocuSign, Adobe Sign, and Conga Sign.
Cons of Conga CLM
Creating contract templates isn’t straightforward. It requires someone with a solid understanding of Salesforce and Word.
The pricing model can be expensive as it requires purchasing licenses for multiple users, which can increase costs for larger teams.
3. Gatekeeper

Gatekeeper is a contract lifecycle management platform integrating advanced contract analytics to give businesses greater control over their agreements. With its AI assistant, Kelda, Gatekeeper automatically extracts important details like obligations, renewal dates, and risky clauses, saving you from digging through endless paperwork.
It also highlights potential risks and ensures you never miss a critical deadline, giving you the confidence to manage contracts and stay compliant easily.
What makes Gatekeeper stand out is how it simplifies your workflows. From automated reminders to real-time dashboards, it keeps everything running smoothly. Plus, it integrates seamlessly with tools like Salesforce, Slack, and Microsoft Teams, making it easy to fit into your existing processes.
Key features of Gatekeeper
AI-driven insights: Automates metadata extraction and clause analysis to provide actionable recommendations.
Customizable reports: Tracks performance, risks, and obligations with tailored analytics dashboards.
Risk assessment: Flags contracts with non-standard terms or high-risk clauses.
Collaborative tools: Supports collaboration with in-platform commenting, workflow tracking, and secure sharing.
Pros of Gatekeeper
Gatekeeper’s intuitive design makes it easy to navigate, even for users with minimal training. Tasks like adding contracts, updating agreements, or finding information are straightforward.
The Gatekeeper team gets rave reviews for being friendly, proactive, and always ready to help. Whether it’s during implementation or ongoing support, they’re just a call away.
Cons of Gatekeeper
Add-ons and extra features can quickly increase costs, so budgeting carefully is essential.
While the system is intuitive overall, new users might feel overwhelmed by the number of features at first.
Simplify your contract negotiations with HyperStart
HyperStart AI simplifies contract management, providing you with the tools to negotiate confidently and clearly.
4. Summize
Summize is a modern contract management software designed to bridge the gap between legal teams and business stakeholders. It takes a fresh approach by decentralizing contract management and embedding its features directly into the tools your team already uses, such as Microsoft Word. This integration-first design eliminates unnecessary complexity and enhances collaboration.
If you’re seeking contract analytics software that prioritizes efficiency, collaboration, and ease of use, Summize is a standout solution.
Key features of Summize
AI-driven insights: Automates contract data extraction, task generation, and clause analysis, providing instant summaries and redlines based on custom legal playbooks.
Contract review: AI-powered tools for Microsoft Word streamline review and negotiation processes, reducing manual efforts while suggesting corrections and identifying missing clauses.
Centralized repository: Secure storage for all signed contracts, offering advanced search and filtering options, as well as analytics to track KPIs like renewal dates and review times.
Integrations: Embeds into existing tools like Outlook, Gmail, Teams, Slack, Salesforce, and Jira, ensuring business-wide consistency without disrupting workflows.
Pros of Summize
Summize is easy to adopt, thanks to its integration with widely used tools, which minimizes the learning curve.
The software is highly scalable, making it suitable for small legal teams as well as larger organizations with extensive contract portfolios.
Cons of Summize
Summize lacks a native contract editor and automated approval workflows, requiring users to manage edits in Microsoft Word instead.
Customization options for reports and workflows may not be as extensive as some competitors.
5. Ironclad

Ironclad makes contract analytics approachable and powerful, blending advanced AI with a user-friendly experience to provide insights you can use. As a leader in contract lifecycle management, it helps organizations unlock the true value of their contracts while cutting down on risks and inefficiencies.
If you’re searching for a solution that pairs advanced analytics with a robust CLM platform, Ironclad is a top choice. Its intuitive design, AI-powered features, and seamless workflows make it ideal for teams looking to turn contract data into actionable insights.
Key features of Ironclad
Dynamic reporting and dashboards: With Ironclad’s built-in analytics tools, users can create custom reports and dashboards to monitor and manage contract performance, track key metrics, and identify trends.
Obligation and risk tracking: Ironclad’s analytics tools help teams track obligations and flag potential risks in contracts. Automated alerts ensure deadlines are met, and risk assessments help mitigate exposure to unfavorable terms.
Collaborative workflow and playbooks: Legal teams can use Ironclad to create and enforce standardized playbooks for contract negotiation.
AI-powered insights: Ironclad’s AI capabilities go beyond metadata extraction, delivering actionable insights into contract risks, renewal opportunities, and bottlenecks in workflows.
Pros of Ironclad
Integration with Salesforce helps sync contract data with CRM tools, enabling data-driven decisions in sales workflows.
Ready-to-scale platform with advanced features ensures businesses can grow their analytics capabilities over time.
Cons of Ironclad
While Ironclad’s interface is user-friendly, it lacks a modern aesthetic compared to competitors.
Ironclad’s pricing plans and high costs may make it less accessible for smaller businesses looking for contract analytics solutions.
Find the right contract analytics software for smarter management
Getting your contracts under control doesn’t have to be complicated—it starts with finding the right tool for the job. Each solution we’ve covered in this blog has its strengths, but HyperStart CLM stands out.
With HyperStart’s brilliant AI-powered insights, security, and ease of use, it’s built to handle the challenges of today’s businesses.
The best fit for you depends on your company’s size, industry, and priorities. Whether you’re looking to save time, reduce risks, or scale with ease, HyperStart CLM can help you get there.
Ready to see it in action? Explore HyperStart CLM’s features and schedule your personalized demo today.