Does Parley Pro work for legal?
Parley Pro is a cloud-based contract lifecycle management tool that puts an emphasis on contract negotiation and management. But can it provide the functionality required to create and edit contracts at scale too?
This page explores the features, limitations and pricing of Parley Pro, comparing it to Juro's all-in-one contract automation platform.
Parley Pro limitations
Parley Pro is a contract lifecycle management software positioned to help legal, procurement and finance teams manage and negotiate their contracts. Like Juro, the contract tool promises to add value at every stage of the contract lifecycle - from creation to monitoring metrics.
However, Parley Pro differs from Juro in that, whilst the product offers a wide range of features to make contract negotiation easier, it lacks these features in the earlier stages of the contract workflow.
For example, Juro enables commercial teams to self-serve on contracts without constant oversight from legal, with conditional logic to bake fallback positions into contracts and an intuitive Q&A flow. This means that even those without legal expertise can populate contracts quickly and accurately.
By contrast, Parley Pro’s editor is far more basic. It allows users to create contracts with pre-approved templates, but it doesn’t provide the more advanced features required to populate, format and edit contracts to the same standard.
Not only that, but scaling businesses will also be unable to benefit from bulk actions when using Parley Pro, since the platform doesn’t provide the functionality required to create, upload, approve and sign contracts in large volumes.
This is distinct from Juro where users can bulk create, bulk upload, bulk approve, and bulk sign contracts with ease to make large contract volumes more manageable.
To summarise, Parley Pro’s main limitations include:
- No bulk actions: Parley Pro users are unable to bulk create, bulk upload, bulk approve and bulk sign contracts in the software, making it time-consuming and painful to manage growing contract volumes
- Limited editing functionality: Parley Pro’s template editor is restrictive in what it enables users to do when creating their contracts, and it lacks a lot of the rich-text and media formatting capabilities that a more advanced contract platform like Juro delivers
- No native eSignature: Unlike Juro which provides secure and legally-binding native eSignature as standard, Parley Pro doesn’t offer native electronic signatures. Instead, Parley Pro users will need to rely on a separate eSigning tool to get contracts signed
- Requires a lot of effort to set up: according to independent reviews, Parley Pro can require a considerable amount of effort and time to set up and customize, so the solution is likely not ideal for businesses that want to receive value from their contract software quickly
Legal and business teams in scaling businesses require a tool that they can rely on for every stage of the contract lifecycle, and one that empowers commercial teams to self-serve on their contracts with ease. Parley Pro lacks this functionality during the early stages of contract authoring and creation, unlike Juro.
According to the Head of Legal at Cazoo, up to 30% of the legal function’s time can be won back using by using Juro’s contract automation software. With smooth onboarding and self-serve automation, Juro enabled Cazoo’s small legal team to return to higher-value work whilst still removing risk from their contracts.
Let’s continue to explore the various benefits of using Juro for your contracts, and discover how it can enable legal and business teams to work from one unified workspace and streamline the contract lifecycle.
✍️ Rich-text editor designed for contracts
Juro’s unique rich-text editor empowers contract owners to create beautifully designed contracts in seconds. Users can add an unlimited number of custom fields to contracts, add rich media and set up conditional logic for a clean and intuitive editing experience.
Unlike Parley Pro which is restrictive in its formatting capabilities, Juro users benefit from a flexible and user-friendly editor that makes it quick and easy to create and edit contracts at scale.
🌐 Collaborate on contracts in real-time
With Juro, legal and business functions can collaborate on contracts in real-time, with no back and forth over email and no concerns about losing control of numerous versions. Juro’s contract automation software enables users to leave internal and external comments, make suggestions and action edits in real-time.
For ultimate control over your contracts, Juro’s advanced negotiation features also enable users to set up approval workflows and manage which edits are visible to counterparties.
Juro’s dynamic digital workspace allows all of this to happen in one place, without ever needing to leave the platform.
⚙️ Data-rich contract repository
What happens to your contracts once they’re signed? For many legal teams managing contracts manually, post-signature contracts are saved as PDFs and stored on a shared drive, where they’re rarely accessed again.
Juro changes this. Juro’s smart storage and advanced search capabilities mean that users can identify, query, filter and track their contracts with ease. This makes it easier to audit contracts, monitor legal KPIs and create a system of record for the entire business that can use.
Juro enables legal and busines teams to track the contract metrics that matter most to their business, like renewals, contract values and cost per transaction.
Connect your contracts with 4,000+ platforms
Since Parley Pro doesn’t integrate with some popular business platforms, like Greenhouse and Workday, it can be difficult to ensure business-wide adoption of the software.
Juro, by comparison, connects with over 4,000 different platforms, meaning that your business teams can remain in the platforms they love whilst using Juro.
Parley Pro pricing
Parley Pro do not advertise their pricing or plans anywhere on their website or on independent review sites. This makes it difficult to determine how much the software will set back scaling businesses and what’s included in each package.
By comparison, Juro offers a wide range of plans, with specific plans tailored to small companies, startups, scaleups and whole companies looking for centralized control over their contracts. To find out more and select the plan that’s right for your business, check out our pricing page.
Parley Pro reviews
Read independent Parley Pro reviews
Parley Pro is rated 4.5 out of 5 on Capterra, which is considerably lower than Juro's Capterra rating of 4.8 out of 5.
Here are some Parley Pro reviews taken from independent review sites:
"We lose some formatting from Word that is difficult and time-consuming to correct"
“It takes time to customize the software according to our preferences and sometimes there are some bugs”
“You've got to be willing take the time and work with the devs to configure it to your specific use case”
Interestingly, one of the most common points raised in Parley Pro reviews is that the software requires heavy customization. This is unlike Juro's off the shelf solution which typically delivers value within 21 days.
Read independent Juro reviews
Juro is rated 4.8 out of 5 across both G2 and Capterra, making it one of the top-rated contract solutions on the market. Juro's contract automation software is also top-rated for ease of use.
Here are just a few of the independent reviews left by existing Juro 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”
“Juro completely lifted the burden off our legal team by empowering our Sales team to handle the majority of small business contracts from start to finish”
“Before it took between 15 and 25 minutes in Word to set up a contract. With Juro it takes less than a minute”
“Easy to learn, intuitive GUI, anyone can use it without training. The Q&A function is amazing and let me as a legal person focus on contracts”