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Ironclad vs Docusign

What is Ƶ?

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

What is

Ironclad

?

Founded by ex-Pixar engineer Jason Boehmig and ex-Google product designer Cai GoGwilt. Has raised over $333M in funding with a $3B+ valuation. Backed by investors like Accel, Sequoia, Y Combinator, and others.

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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
Ƶ
Ironclad
Docusign
AI and Machine Learning Capabilities

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

✅ Ironclad AI for contract analysis, risk identification, and metadata extraction; recently enhanced with generative AI capabilities

❌ 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

❌ AI-assisted drafting capabilities through Ironclad Editor, but primarily focused on template-based drafting rather than AI-first generation

❌ 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

✅ Strong AI-powered contract review capabilities that flag risks and extract key terms

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

Document Assembly

✅ AI-powered document assembly

✅ Template-based document assembly with workflow automation

❌ 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.

✅ Ironclad Editor offers AI-assisted editing features and collaboration tools

❌ 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

❌ No native legal research capabilities

Negotiation Support

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

✅ Redlining, version control, and approval workflow support for negotiations

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

Data Extraction and OCR

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

✅ Advanced OCR and data extraction for legacy contracts and third-party paper

✅ Advanced data extraction and OCR capabilities through DocuSign Insight

COLLABORATION & WORKFLOW
Ƶ
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)

✅ Real-time collaboration with commenting, redlining, and approval workflows

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

Workflow and Approval Management

✅ Workflow automation

✅ Industry-leading workflow automation with customizable approval flows and routing

✅ 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 lifecycle management from creation to renewal

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

Reporting and Analytics

✅ Company and user level reporting and analytics

✅ Robust analytics dashboard with customizable reports and insights

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

LIBRARIES & TEMPLATES
Ƶ
Ironclad
Docusign
Private Clause Library

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

✅ Ability to create and maintain organization-specific clause libraries

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

Community Template Library

✅ Community template library available to create modular contracts

❌ No community template library

❌ No community template library

Private Template Library

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

✅ Comprehensive template management for creating and maintaining organization-specific templates

✅ Extensive template management capabilities with version control

TECHNICAL ASPECTS
Ƶ
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.

✅ Microsoft Word plugin and .docx import/export capabilities

✅ 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 cloud storage solutions including Google Drive, Dropbox, Box, and OneDrive

✅ 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.

✅ 200+ integrations including Salesforce, DocuSign, SAP, Workday, and other business systems

✅ 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

❌ Handles basic to intermediate formatting, but complex styling may require Word plugin

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

Security & compliance
Ƶ
Ironclad
Docusign
End-to-end Encryption

❌ End-to-end encryption and encryption at rest

✅ Enterprise-grade security with encryption at rest and in transit

✅ Enterprise-grade security with AES 256-bit encryption

Security Certifications

✅ Compliant with ISO27001 and SOC2 Type 2

✅ SOC 2 Type II, ISO 27001, and GDPR compliant

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

Data Sovereignty & Privacy

✅ Ƶ 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.

✅ Strong data privacy controls with options for regional data storage

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

Authentication Methods

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

✅ SSO, MFA, and other enterprise authentication methods

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

Permissions & Access Control

✅ Granular access control features

✅ Granular role-based permissions and access controls

✅ Granular user permissions and role-based access controls

Compliance Standards

✅ Compliant with GDPR and UK GDPR standards

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

✅ 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)

✅ Email, chat, and phone support with dedicated customer success managers for enterprise clients

✅ 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

❌ Structured implementation process that typically takes 4-8 weeks for enterprise deployments

❌ 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 requiring significant planning and implementation timeImplementation Timeline: ❌ 4-8 weeks for standard implementation, longer for complex enterprise deployments

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
Ƶ
Ironclad
Docusign
Pricing Model

✅ Ƶ offers a range of subscription plans based on usage.

❌ Subscription-based pricing with different tiers (Basic, Growth, Enterprise). Starting around $15,000 annually for smaller implementations, with enterprise deals ranging from $50,000 to $500,000+ annually

❌ 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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