Does Malbek work for legal?
Malbek is a contract lifecycle management system for sales, legal, procurement and finance teams. But with much of the software’s functionality reliant on integrations, does the tool really deliver the end-to-end contract solution businesses in 2022 require?
This page explores the features, limitations and pricing of Malbek, comparing it to Juro's all-in-one contract automation platform.
Although Malbek is described as a contract lifecycle management software, it delivers an experience similar to the contract process legal and business teams have without an end-to-end tool in place.
This is because Malbek users rely on an integration with Microsoft Word to write and edit contracts, and a separate integration with DocuSign to get contracts signed online. This is distinct from Juro which offers a unique rich-text contract editor designed for contracts and advanced native eSignature functionality - all in one unified workspace. This means that Juro users can benefit from using one tool instead of three.
Additional limitations of Malbek include:
- Basic editing functionality: although Malbek can be integrated with Microsoft Word, the software lacks a rich-text editor that enables users to create, edit and review contracts in a more sophisticated way
- No native eSignature: unlike Juro which provides users access to native electronic signature, Malbek relies on an integration with DocuSign in order to access eSignature. Unfortunately, this integration with DocuSign has also been labeled ‘restrictive’ by Malbek users
- Limited negotiation features: Malbek users only have access to basic negotiation functionality, with redlining features similar to those found in Microsoft Word, which was not built with contract collaboration in mind
- Lack of integrations: Malbek doesn’t integrate with many of the most popular business tools, including Greenhouse, Zapier, Workday and Google Drive. This can make business-wide adoption and creating the workflow your business needs challenging
Legal and business teams in fast-growth companies need a contract tool that streamlines the contract process. With Juro, users can rely on one single tool to manage their contracts end-to-end, whilst Malbek users will still need to familiarise themselves with three different tools to get contracts over the line.
Juro's all-in-one contract automation software delivers the sophisticated functionality that modern legal and business teams need to manage contracts in 2022. Let’s discover the various benefits of using Juro for your contracts, and how Juro’s browser-native editor reduces friction at every stage of the contract lifecycle.
✍️ Rich-text contract editor
Juro’s unique browser-native editor was custom-built for contracts. This is far more flexible than Malbek’s editing functionality which relies on an integration with Microsoft Word.
Juro’s rich-text editor enables business teams to self-serve on contracts with minimal input from legal, with conditional logic and natural language Q&A making it simple to create beautifully designed contracts in seconds.
Juro’s contract editor also empowers users to create contracts people actually want to sign, with the option to insert rich media like images, tables and GIFs.
🌐 Collaborate on contracts in real-time
Juro’s advanced negotiation features make contract collaboration and redlining painless. With Juro, users can add comments to specific contract clauses, set up approval workflows and control which edits are visible to counterparties.
All of this happens in-browser in real-time, with a secure audit trail so you can confidently track changes and eliminate points of friction quickly to get contracts signed.
Gone are the days of emailing contract drafts back and forth. Contract collaboration is seamless in Juro.
⚙️ Replace several tools with one
Disjointed contract processes can create friction within your contract workflow. With Malbek, users still need to rely on three separate tools to manage contracts.
By comparison, Juro's all-in-one contract automation tool creates a single source of truth for your contracts, with native eSignature and a rich-text editor that empowers you to manage the entire contract lifecycle in one place.
Not only that, but Juro integrates with over 4,000 different platforms, enabling your commercial teams to continue working from the systems they love.
There are no specific details about pricing and plans on Malbek’s website. Businesses must contact Malbek’s sales team for more information. However, Malbek does say that the pricing will depend on the company size, your requirements and the integrations you require.
This lack of transparency can be concerning for scaling businesses, as costs can quickly accumulate using this model. It also means it can be challenging for startups and scaleups to find a plan that’s most suited to them.
Unlike Malbek, Juro offers a range of different plans designed specifically for small businesses, startups, scaleups and larger companies. To find out more about Juro’s flexible plans and select the perfect plan for your business, check out our pricing page.
Read independent Malbek reviews
Malbek is rated 4.7 out of 5 on G2, which is lower than Juro’s G2 rating of 4.8 out of 5. Interestingly, many of the reviews of Malbek mentioned similar gaps in functionality, particularly with regard to Malbek’s lack of native editor and negotiation features.
“As others have noted, there a few gaps in functionality”
“There are areas available for improvement...ability to send clean and redline documents in an automated manner, in app document editing”
“Due to my lack of knowledge of the system, this is not a user-friendly experience for me”
Read independent Malbek reviews
Juro is rated 4.8 on both Capterra and 4.8 on G2, with no reviews rating Juro’s contract automation software below four stars. Our customer reviews consistently praise Juro’s fast onboarding process, rich features and ease of use, setting us apart from competitors like Malbek.
Here are some verified reviews from our legal and business customers:
“Juro’s platform has significantly improved the efficiency of our legal function and has enabled our legal team to spend more time focusing on high-value work”
“It has really helped us streamline our processes and save time. We have to produce a lot of contracts and we have a small team so really helps us when time is so precious”
“The whole platform is great, from creating templates to tracking the lifecycle of a contract agreement until it is signed”
“Easy to learn, intuitive GUI, anyone can use it without training”