Contracts are essential for agencies to outline responsibilities, set expectations, and protect all parties involved. Whether it’s a Statement of Work (SOW), a Master Service Agreement (MSA), or a Change Order, the right contract generator tool can save agencies time, reduce administrative tasks, and ensure contracts are consistent and accurate. In this article, we’ll explore the best contract generators that agencies can use to streamline contract creation, improve collaboration, and reduce errors across multiple client accounts.
How We Picked the Tools (Evaluation Criteria)
We evaluated the best contract generator tools for agencies based on the following factors:
- Ease of Use
The tool should be easy to navigate, with a user-friendly interface that minimizes the learning curve.
- Customization and Templates
A good contract generator should offer customizable templates for SOWs, MSAs, and Change Orders, which allows agencies to quickly create accurate and consistent contracts.
- Collaboration and Approval Workflows
Since agencies often work with clients and multiple teams, the ability to collaborate in real-time and manage approval workflows is critical for a smooth contract process.
- Security and Compliance
The best tools ensure that contracts are secure and legally compliant. Features like encryption, e-signatures, and audit trails are important for protecting sensitive documents.
- Pricing
Affordability is key. We’ve considered both free and paid solutions, with a focus on the value each tool provides at different pricing tiers.
Key Features Agencies Need
When choosing a contract generator, agencies need to prioritize features that streamline the contract process and integrate with existing workflows. Here are the must-have features for agency contract generators:
- Customizable Templates
The best contract generators come with pre-made templates for SOWs, MSAs, and Change Orders. Customizing these templates to fit each client’s needs saves agencies a significant amount of time while ensuring consistency and accuracy across all documents.
- Real-Time Collaboration
Agency teams and clients need the ability to collaborate in real-time. The right contract generator will allow for document sharing, comment threads, and version control, making collaboration seamless.
- eSignatures
With the increasing need for remote collaboration, e-signature capabilities are essential. Look for contract generators that allow clients and internal teams to sign documents electronically and securely.
- Cloud Storage
Cloud integration allows agencies to store and access contracts from anywhere, facilitating easy sharing and long-term document management. Features like version history and backups are also essential for protecting contracts.
Best Contract Generator Tools for Agencies
Below, we’ve compiled a list of the top contract generator tools that agencies can use to streamline their workflow:
1) Lumin
Lumin is an all-in-one contract generator and editor designed for agencies, offering a simple and intuitive platform for creating contracts, managing documents, and collaborating with clients in real-time.
Key Features:
- Customizable templates for SOWs, MSAs, and Change Orders.
- Secure e-signatures for document approval.
- Cloud storage integration for easy access and collaboration.
- Real-time collaboration with clients and teams.
- Simple, user-friendly interface for quick document creation.
Why Lumin stands out: Lumin’s ease of use, combined with its collaborative features, makes it a top choice for agencies that want to quickly create, manage, and sign contracts. The cloud-based system also offers flexibility, allowing you to access contracts from any device, making it ideal for teams working remotely or on the go.
2) PandaDoc
PandaDoc is one of the leading contract generation tools for agencies, offering comprehensive features for contract creation, collaboration, and signing.
Key Features:
- Powerful document creation tools with customizable templates.
- E-signature support for quick contract approval.
- Real-time collaboration with clients and teams.
- Analytics and tracking features to monitor document status.
- Integration with CRMs like Salesforce and HubSpot.
Best For: Agencies looking for an all-in-one solution that not only helps create contracts but also streamlines document tracking and approval.
3) DocuSign
DocuSign is a well-known name in the contract generation space, primarily recognized for its electronic signature capabilities, but it also offers powerful contract generation tools.
Key Features:
- Secure digital signatures for contracts.
- Templates for quickly generating MSAs, SOWs, and other contracts.
- Workflow automation for document approvals.
- Integrates with cloud storage and business tools like Salesforce.
Best For: Agencies that need secure and legally compliant contract signing solutions, especially for larger contracts and enterprise clients.
4) Adobe Acrobat Sign
Adobe Acrobat Sign offers powerful features for contract generation and signing, making it a solid option for agencies in need of secure document management.
Key Features:
- eSignature support with strong encryption.
- Integration with other Adobe products for streamlined workflows.
- Customizable templates for creating standard contracts.
- Cloud storage options for easy access.
Best For: Agencies familiar with Adobe products and in need of a robust solution for creating, managing, and signing contracts.
5) Contractbook
Contractbook is a full-service contract management platform, designed for teams that need to streamline their contract creation, approval, and management processes.
Key Features:
- Customizable contract templates for various business needs.
- Integration with Google Workspace and cloud storage.
- Workflow automation and task management.
- Digital signatures for easy approval.
Best For: Agencies that want an all-in-one solution that handles contract creation, storage, and management seamlessly.
6) Ironclad
Ironclad is a contract management platform that combines contract generation, workflow automation, and analytics. It’s great for businesses that need to streamline their contract operations.
Key Features:
- Advanced workflow automation for contract creation and approvals.
- Robust e-signature capabilities.
- Integration with popular business tools and CRMs.
- Analytics for tracking contract performance.
Best For: Agencies looking for advanced automation features to handle high-volume contract work.
7) HelloSign (Dropbox Sign)
HelloSign, now part of Dropbox, is an intuitive e-signature solution that also includes contract generation tools for teams.
Key Features:
- Simple interface for contract creation and signing.
- Team collaboration features for document sharing and approvals.
- Integration with Dropbox for easy document storage.
- Customizable templates for creating contracts quickly.
Best For: Agencies needing a simple, easy-to-use platform for contract creation and digital signing.
8) Proposify
Proposify helps businesses create proposals, contracts, and client agreements with beautiful, professional designs.
Key Features:
- Customizable contract templates and proposal designs.
- Digital signatures for fast contract approval.
- Analytics and tracking for monitoring client engagement.
- Client collaboration features for streamlined feedback.
Best For: Agencies that need a versatile tool for both contracts and proposals, with a focus on presentation and design.
9) Better Proposals
Better Proposals is a great tool for agencies that need a proposal-first approach to contracts. It’s designed for businesses that want to create compelling proposals and contracts in one place.
Key Features:
- Customizable templates with easy-to-edit features.
- Client-facing document sharing for feedback and approval.
- Real-time notifications for contract signing and approval.
Best For: Agencies that need a solution for creating both proposals and contracts quickly.
10) Contractbook
Contractbook is an all-in-one contract automation platform that helps agencies create, sign, and manage contracts, simplifying the entire process.
Key Features:
- Centralized platform for all contract management.
- Automation for contract workflows and approvals.
- Customizable templates for MSAs, SOWs, and Change Orders.
- Secure document storage with cloud integration.
Best For: Agencies looking for a streamlined solution that handles contract creation, signing, and management.
Common Agency Contract Mistakes (and Fixes)
- Not Using the Right Template: Use pre-made templates for SOWs, MSAs, and Change Orders to save time.
- Missing Clauses or Terms: Double-check the terms for each contract before sending.
- Skipping the eSignature Step: Ensure that clients sign digitally for faster approval and legal validity.
- Failure to Version Control: Always track changes to avoid confusion between versions.
FAQ
What’s the difference between a contract generator and a document editor?
A contract generator helps automate the creation of contracts based on pre-set templates, while a document editor allows you to edit the content of contracts.
Are e-signatures legally binding?
Yes, e-signatures are legally binding in many countries when used with a compliant contract generator.
Can I use these tools for multiple client contracts?
Yes, most tools allow you to handle multiple client contracts by setting up different templates for each type of client relationship.
