Juro vs Adobe Sign

Adobe Sign: basic eSignature

Contract management software is used to create, negotiate, sign, renew and gather actionable data on business contracts. It helps lawyers and others dealing with contracts to replace the manual management of physical contracts, so that business can tackle large contract volumes quickly without needing more headcount.

Put another way, contract management software is a term to describe various computer programmes, data and instructions that streamline and digitize the way legal agreements are managed to make the contract process more efficient.

Contract management software also enables business teams to self-serve from templates owned by legal, so the business can agree and manage routine contracts at scale from one unified workspace.

This page addresses and explains the most common questions we encounter about contract management. If you'd like to skip the reading and try it for yourself, just hit the button below to book a demo with a Juro specialist. Otherwise, keep reading to learn more.

Adobe Sign limitations

Contracts are pretty simple. Two or more parties get together to assign some rights and obligations. They agree, and then they have to abide by that agreement. If something goes wrong later on, everyone can look back at the contract to find out what they promised.

But while in some respects contracts haven't changed too much, the volume and processes involved in managing contracts at scaling businesses has changed significantly. A business like Deliveroo might manage thousands of contracts a month. Taking contracts into an automated, digital process is transformative when it comes to efficiency, speed and cost - which is why so many fast-growth businesses turn to Juro to provide all-in-one contract automation.

Juro benefits

Poorly managed contract processes can result in exposure to serious legal risk: 80% of B2B revenue is governed by contracts. Similarly, huge amounts of time is wasted due to inefficient manual contracting - the IACCM found that 92% of time on contracts goes on process.

Poor contract management causes friction between teams, and a lack of velocity can harm a company’s ability to close deals. Poor management of the lifecycle can result in key dates being missed, which can lead to expensive renewal costs. A key aim of contract management is to establish a system of record to mitigate this risk.

Adobe Sign pricing

The typical workflow for contract management is create - collaborate - negotiate - sign - track - renew.

This is how each stage of the lifecycle works, comparing the manual process to an automated process using Juro's contract management software.