tiktok˰

Ironclad vs Docusign

What is tiktok˰?

tiktok˰ is a secure intelligent platform that streamlines contract drafting, reviewing, and editing with cutting-edge, AI-powered tools.

What is

Ironclad

?

Ironclad is a digital contracting platform that automates contract workflows, from creation and negotiation to approval and storage, with built-in analytics and collaboration tools.

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What is

Docusign

?

Started as an e-signature company and expanded into a complete agreement cloud platform. Publicly traded company (NASDAQ: DOCU) with global presence. Has acquired several companies including Seal Software (AI contract analytics) and Liveoak Technologies (virtual notary).

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CORE CAPABILITIES
tiktok˰
Ironclad
Docusign
AI and Machine Learning Capabilities

✅ Lawyer-supported AI and ML at the core of the platform

✅ Uses AI and ML for contract data extraction and analysis

❌ AI capabilities focused primarily on contract analytics through DocuSign Insight and Analyzer, but not as deeply integrated into drafting experience

Contract Drafting

✅ AI-assisted contract drafting capabilities

✅ Provides contract drafting capabilities, but may lack the AI-powered features of Genie

❌ Basic template-based document generation with DocuSign Gen, but limited AI-assisted drafting compared to AI-native platforms

Contract Review

✅ AI-powered contract analysis with clause-specific risk assessments

✅ Automated contract review and analysis using AI

✅ Strong AI-powered contract review through DocuSign Insight and Analyzer with risk scoring and obligation extraction

Document Assembly

✅ AI-powered document assembly

✅ Supports document assembly and clause libraries

❌ Template-based document assembly with limited flexibility for complex documents

AI Document Editing

✅ AI-powered document editing: Ask Genie to edit your styling, suggest new clause text, or analyze key clauses. Shows tracked changes, and is private per party. Genie assists with and automates entire workflows, not just producing text responses.

❌ No mention of AI-powered document editing features like Genie

❌ Limited AI document editing capabilities focused more on analysis than content generation

Legal Research Integration

❌ AI-powered legal research assistance available within the document editor, requiring specific prompts.

❌ No built-in legal research capabilities, unlike Genie's top-level AI legal research

❌ No native legal research capabilities

Negotiation Support

✅ Tools to support negotiation, including clause-by-clause editing and collaboration features.

✅ Offers tools for contract negotiation and redlining

✅ DocuSign Negotiate offers collaborative redlining, version control, and approval workflows

Data Extraction and OCR

✅tiktok˰ offers OCR capabilities. ✅tiktok˰ offers data extraction through their API and integrations.

✅ Uses AI for data extraction from contracts

✅ Advanced data extraction and OCR capabilities through DocuSign Insight

COLLABORATION & WORKFLOW
tiktok˰
Ironclad
Docusign
Collaboration Tools

✅ Built-in real-time collaboration features just like Office365 or Google Docs (No need to download your red-lined version, and make it editable, then send it on - it's all doable within Genie)

✅ Offers collaboration features for contract negotiation and approval

✅ Real-time collaboration tools with tracked changes and version control through CLM platform

Workflow and Approval Management

✅ Workflow automation

✅ Customizable workflows for contract processes

✅ Sophisticated workflow and approval management with conditional routing and role-based permissions

Contract Management

✅ Manage your projects and organize your own template and clause library

✅ Comprehensive contract management features

✅ Comprehensive contract lifecycle management platform with robust repository, metadata tracking, and obligation management

Reporting and Analytics

✅ Company and user level reporting and analytics

✅ Provides contract performance metrics and analytics

✅ Extensive reporting and analytics on contract status, cycle times, and clause usage

LIBRARIES & TEMPLATES
tiktok˰
Ironclad
Docusign
Private Clause Library

✅ Private clause library (usable only by your legal team)

✅ Supports private clause libraries for organizations

✅ Ability to create and maintain private clause libraries within DocuSign CLM

Community Template Library

✅ Community template library available to create modular contracts

❌ No information on a community template library, unlike Genie

❌ No community template library

Private Template Library

✅ Bring your own library of private templates usable only by your legal team, within Genie

✅ Allows creation of private template libraries

✅ Extensive template management capabilities with version control

TECHNICAL ASPECTS
tiktok˰
Ironclad
Docusign
Platform Type (Native vs Plugin)

✅ Cloud-based (SaaS)

✅ Cloud-based solution hosted on AWS

✅ Primarily cloud-based, with some on-premises options

Microsoft Word Compatibility

✅ Import and export Word documents (.docx) with reasonable formatting fidelity. Some styling and complex formatting may not be perfectly preserved.

✅ Offers Microsoft Word integration

✅ Strong Microsoft Word integration through add-ins for template creation and negotiation

Integration with Storage (Google Drive, Dropbox)

❌Coming soon (request this feature)

✅ Integrates with Google Drive, Dropbox, and other storage platforms

✅ Integrates with major cloud storage providers including Google Drive, Dropbox, Box, and OneDrive

Integration with Other Tools

❌ Integrates with Microsoft Word, allowing direct editing and collaboration within the platform.

✅ Integrates with popular business tools like Salesforce, Google Drive, and Dropbox

✅ 350+ pre-built integrations with CRM, ERP, and other business systems including Salesforce, SAP, and Microsoft

Complex Legal Styling and Formatting

✅ Full numbering support + AI auto-styling and formatting

❌ Limited information on advanced styling and formatting capabilities, unlike Genie

❌ Supports legal styling and formatting but may require manual adjustments for complex documents

Security & compliance
tiktok˰
Ironclad
Docusign
End-to-end Encryption

❌ End-to-end encryption and encryption at rest

✅ Employs industry-standard encryption methods

✅ Enterprise-grade security with AES 256-bit encryption

Security Certifications

✅ Compliant with ISO27001 and SOC2 Type 2

✅ SOC 2 Type II, HIPAA, and Privacy Shield compliant

✅ ISO 27001, SOC 1 Type 2, SOC 2 Type 2, PCI DSS, and other major security certifications

Data Sovereignty & Privacy

✅ tiktok˰ prioritizes data sovereignty by not training its models on user data. However, data may be processed by third-party LLMs subject to their respective data handling policies.

❌ No specific information on data sovereignty, unlike Genie

✅ Regional data centers with strong privacy controls and data sovereignty options

Authentication Methods

❌Multiple authentication options (coming soon) (request this feature)

✅ Supports SSO and other authentication methods

✅ Multiple authentication options including SSO, multi-factor authentication, and biometric verification

Permissions & Access Control

✅ Granular access control features

✅ Offers role-based access control and permissions

✅ Granular user permissions and role-based access controls

Compliance Standards

✅ Compliant with GDPR and UK GDPR standards

✅ Compliant with GDPR and CCPA

✅ Compliant with GDPR, CCPA, HIPAA, and other major privacy and industry regulations

Customer Support Options

✅ Multiple support channels available (e.g., email, in-app messaging)

✅ Offers email, phone, and chat support, as well as a knowledge base

✅ Multiple support channels including email, chat, phone, and community forums

Onboarding Process

✅ For our custom plans, get setup within 3 days with a guided onboarding plan

✅ Offers implementation services and training, but may take longer than Genie's 3-day setup

❌ Comprehensive but often requires weeks for full CLM implementation; e-signature implementation is faster

Training & Resources

✅ 1-2 weeks from agreement to full implementation

Pilot: ❌ Formal pilot process for enterprise CLM implementations; simpler for e-signatureImplementation Timeline: ❌ 1-2 weeks for e-signature; 2-3 months for full CLM implementation

PRICING & ROI
tiktok˰
Ironclad
Docusign
Pricing Model

✅ tiktok˰ offers a range of subscription plans based on usage.

❌ Pricing not publicly available, estimated at $15,000+ per year for a basic license based on user reviews

❌ Tiered pricing with e-signature plans starting at $10/month per user; CLM solutions start at approximately $30,000 annually for mid-market companies

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