Every business, whether large or small, relies on contracts. However, managing them can often be time-consuming and prone to errors. That’s where contract management software like LinkSquares comes in. Naturally, one of the first questions on your mind might be: How much will this cost? And is it worth the spend?
In this blog, we’ll break down LinkSquares’ pricing, highlight its key features, and share user reviews to help you make an informed decision. We’ll also explore whether HyperStart CLM could be a more efficient alternative for your contract management needs.
What is LinkSquares?
LinkSquares primarily manages the entire contract lifecycle, from drafting to final signature.
Designed for corporate legal teams, it centralizes storage and streamlines contract processes to enhance visibility and automate workflows, making it a popular choice for large organizations.
However, like any software, LinkSquares has its strengths and limitations.
This blog aims to help you evaluate if LinkSquares fits the bill for you. We’ve analyzed recent LinkSquares reviews from current users to offer insights into their real-world experiences of users with unique contract management requirements.
Let’s dive in.
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Overview of LinkSquares’ pricing
There is limited pricing transparency from LinkSquares. It operates on a subscription-based pricing model. But, we’ve rounded up user-submitted reviews and analyst insights for you.
According to its Capterra profile, LinkSquares starts at around $10,000 per year. The exact cost can vary significantly depending on several factors:
Number of users: More users accessing the platform will incur higher costs.
Plan type: Different plans offer varying levels of features and functionalities.
Contract terms: Discounts may be available for multi-year commitments.
For a more accurate assessment of LinkSquares’ pricing, contact them directly and request a personalized quote based on your specific needs. If you’re looking for a more cost-effective option, HyperStart CLM offers transparent pricing and powerful features for org-wide teams that need velocity.
LinkSquares contract management reviews
Before making the final decision, it’s important to consider, “Is LinkSquares delivering the best return on investment?” Let’s explore what users have to say based on reviews from G2 and Capterra.
Pros and cons of LinkSquares
LinkSquares is a promising contract management tool, but how does it stack up in the eyes of its users? Here’s a rundown of what people say—good and the not-so-good.
Positives: What are the main benefits of using LinkSquares for contract management
Automation that works: Users are impressed with how LinkSquares automates everyday tasks like storing and retrieving contracts. It’s a huge time-saver and helps keep things organized, especially when dealing with many documents.
Customizable workflows: The ability to set up workflows that fit your needs is a big plus. It helps ensure that every contract passes through the right channels and meets company policies without a hitch.
Great integrations: LinkSquares plays well with tools you might already use, like Salesforce and DocuSign. This makes it easier to keep everything in sync and avoid data mishaps.
Exceptional support: LinkSquares offers unrivalled support and training.
“LinkSquares CLM is highly customizable (i.e., not one size fits all) and provides hands-on support to ensure it is implemented correctly and set up for success. It is also much more intuitive than other CLMs we considered.”
“Although minor, their cost was higher than most of LinkSquares’ competitors. After going through the implementation and onboarding internally, the price has been justified.”
“We have signed up to LS Analyze. Such a game changing and easy to use tool. It will supercharge our legal function. The support from LS is 2nd to none too!
Standout Features and/or Strengths:
1. Ease and speed of use
2. Single point of truth for all contracts
3. Easy and super quick uploading and AI analyzing (with Smart Tags) of contracts<
4. Amazing and very friendly and informative training 5. Amazing after sales service and user support.”
“I’ve been using LS for all things contracts, and everything has been smooth so far. I use LS to draft/create contracts, as well as sending them out to counterparties, sharing/receiving redlines, all the way to sending out for e-signatures. I also love the functionality that allows any user to use the template feature to create contracts easily, which saves previous time.”
Negatives: What are the areas of improvement?
Pricing confusion: A common concern is that the pricing isn’t very clear. Users often face unexpected costs for extra features or services not spelled out upfront.
Pricey for smaller businesses: LinkSquares can seem a bit too expensive for smaller companies. The features might be more than needed, making it harder to justify the cost.
Feature overload: Some users find the sheer number of features overwhelming. If you’re not using all the advanced options, it can feel like you’re paying for more than you need.
Problematic AI: AI could be developed better so the platform offers more than rudimentary contract storage capabilities to users.
Performance issues: Depending on the complexity of the contracts being managed, a few users have reported performance issues, such as slow load times or glitches.
“A downside is that each user license comes at an additional cost, but the basic license is pretty affordable and is usually sufficient for most non-legal users. We’ve only found it necessary to purchase a handful of the more expensive admin licenses for our legal team members that are primarily responsible for management of the CLM tool.”
“The AI still appears to be very rudimentary. I have to make the same corrections to scanned documents over and over. I suspect this will be remedied in time, though, and it is such a minor inconvenience that I don’t mind.”
We have signed up to LS Analyze. Such a game changing and easy to use tool. It will supercharge our legal function. The support from LS is 2nd to none too!
Standout Features and/or Strengths:
1. Ease and speed of use
2. Single point of truth for all contracts
3. Easy and super quick uploading and AI analyzing (with Smart Tags) of contracts<
4. Amazing and very friendly and informative training
The import of our data did not go well, AI did not pick up the correct date fields on many of the files making it hard to know when to reach out to our customers for updated information .
If you’re looking for a more affordable and straightforward solution with transparent pricing, HyperStart CLM could be an excellent alternative for businesses of all sizes. Next, let’s compare LinkSquare’s pricing with some of its top competitors.
Are there better LinkSquares alternatives?
Here’s a detailed comparison of LinkSquares alternatives in terms of their free trial and pricing:
| Alternative | Best for | Free Trial | Setup |
|---|---|---|---|
| HyperStart | Startups and growing businesses |  | 1-2 weeks, 0 implementation failures |
| Agiloft | Enterprises businesses | | 2-3 weeks, 99.6% implementation success |
| Juro | Scaling companies with rapid growth |  | 3-4 weeks, quick setup but slower AI rollouts |
What is HyperStart CLM?
See HyperStart in action 👇
HyperStart contract management solution is used to streamline the entire contract lifecycle, from creation to completion, by automating processes and reducing administrative overhead through AI-powered tools. It stands out as an efficient choice for effective contract management, offering several advantages over traditional CLM solutions:
Rapid implementation: HyperStart CLM can be deployed in as little as 3 days, reducing disruption to your business operations.
AI-driven insights: The platform automatically extracts over 30 key metadata terms from contracts, aiding in clause management and reducing the need for manual data entry.
Speedy redlining: The platform’s AI can generate a first draft in under a minute, offering AI-powered contract redlining.
Self-service contract creation: HyperStart CLM reduces errors and legal dependencies by enabling contract generation from pre-approved templates.
Automated workflows: No-code workflows enable seamless automation for high-volume contracts, such as NDAs and offer letters, ensuring efficient contract approval workflows.
Centralized repository: The platform consolidates all contracts in a single repository, with bulk import options from email, cloud storage, or CRM.
Having thoroughly explored both HyperStart CLM and LinkSquares, let’s examine these two platforms in a comparative analysis in the section ahead.
What HyperStart CLM’s users say
We took demos of around 5 CLM vendors and chose to use HyperStart. They were the only CLM vendor who had SOC2 compliance and met the criteria of around 22 parameters which we had evaluated them on.
Om Prakash Pandey
Head of Legal at LeadSquared
Implementation was very smooth. Using the bulk upload feature, all contracts were integrated into the system within minutes. I could also see the AI-extracted metadata on the tool immediately, which was impressive.
Mayuri Jaltare
Company Secretary at Qapita
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HyperStart CLM vs LinkSquares
Here’s a comparison between HyperStart and LinkSquares based on cost efficiency, implementation, advanced features, and workflow automation:
| Feature | HyperStart CLM | LinkSquares |
|---|---|---|
| Pricing | $ | $$$ |
| Implementation | 1 week | 4+ weeks |
| Free trial | 30 days | |
| Self signup | |
|
| Product structure | A unified end-to-end CLM in one place | Finalize, Sign, Analyze: 3 different product modules |
| AI-based metadata extraction | | Rudimentary with bespoke smart tags at extra cost |
| Analytics & dashboards | Interactive & customized | Pre-determined & manual |
| AI redlining and review | 94% accuracy | |
| Auto-reminders for renewal tracking | | |
| Contract creation | Automated templates & workflows | Template-based with limited manual routing |
| Microsoft Word editor | | |
| No code workflow | | Manual |
| Internal commenting | | |
| Salesforce integration | | Needs technical expertise |
| Counterparty collaboration | On platform | On email |
| Repository file structure | Hierarchical contract families with AI filters | Flat |
