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Volody CLM Reviews & Product Details

GD
Group General Counsel
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Volody CLM?

Easy to use, easy to implement and most importantly is packed with really good features which help in contract lifecycle management. I am able to restrict access to certain contracts and also with easy integration I am able to easily see all my data at one central location. Volody has really made contract management easy. Review collected by and hosted on G2.com.

What do you dislike about Volody CLM?

One feature that I would request is to have an in-house editor. Although it might not be that useful for all, it might be a good feature to be added. Review collected by and hosted on G2.com.

What problems is Volody CLM solving and how is that benefiting you?

We did not have a set workflow as to how the contracts should have proceeded and Volody helped us setting up customizable workflows to make managing the contract lifecycle easier. Review collected by and hosted on G2.com.

Volody CLM Overview

What is Volody CLM?

Volody is transforming how organizations manage contracts by simplifying the entire lifecycle with advanced AI and machine learning. It optimizes every stage, from contract creation to negotiation, execution, and compliance. By automating key tasks, Volody reduces manual efforts, minimizes errors, and boosts efficiency, ultimately accelerating contract cycles. The software offers AI-driven clause suggestions based on previous contracts, ensuring consistency and accuracy during drafting. Volody's AI also provides in-depth risk analysis, allowing businesses to identify potential issues before they arise, which helps mitigate legal and financial risks early in the process. Volody’s obligation management module ensure that critical deadlines are tracked and met, preventing missed obligations and ensuring compliance. Additionally, its AI-powered metadata extraction allows teams to quickly retrieve essential contract data, streamlining document management and offering valuable insights. At the heart of Volody’s platform is automation, which cuts down on manual tasks and speeds up contract workflows. Its intuitive interface makes it easy for teams to integrate into their processes, ensuring a smooth transition from start to finish. The result is less time spent on routine tasks, more time for strategic initiatives, and a more efficient contracting process overall. Over 200 global enterprises have already experienced significant improvements using Volody. These businesses have reduced contract turnaround times by 56%, boosting their efficiency and accelerating decision-making. Teams have also seen a 70% increase in productivity, freeing them from repetitive tasks. Additionally, contracting time has been cut by 76%, allowing businesses to close deals and make decisions more quickly. Volody empowers legal, procurement, and sales teams to manage contracts with greater precision and speed. By automating workflows and providing AI-driven insights, it ensures contracts are handled efficiently, helping organizations stay compliant while reducing risk.

Volody CLM Details
Languages Supported
English
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Product Description

Volody Contract Lifecycle Management Software helps legal team to achieve corporate goals by accelerating sales cycle and to improve negotiating outcomes


Seller Details
Seller
volody
Year Founded
2014
HQ Location
New York, New York City
LinkedIn® Page
www.linkedin.com
66 employees on LinkedIn®
Description

Trusted by enterprises around the globe, Volody’s AI-powered Contract LifeCycle Management Software empowers businesses & legal professionals to digitize & automate their contract management processes with ease.Contracts represent a major challenge for every enterprise. They are scattered everywhere across multiple repositories including shared folders, Excel, SharePoint, and even old cabinets. Our easy-to-use & configurable solution transforms static legacy contracts into strategic business assets viewable in a centralized repository. As organizations focus increasingly on digitized platforms, our smart CLM tool allows legal professionals to maintain complete control over renewal dates, obligations and terms while also alerting them for any risky clauses present in their agreement. Be it configuring workflows, assessing risk or using digital signature, our intelligent CLM tool makes managing contracts efficient & stress-free! Expedite contracting by 70% and save more than 35% in administrative costs with Volody’s smart on-cloud solution!Founded by finance and legal professionals, Volody’s visionaries have led global corporations like S&P Global, Deutsche Bank, Fidelity Information System, etc., and are passionately transforming the way we manage contracts.


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Recent Volody CLM Reviews

Verified User
E
Verified UserMid-Market (51-1000 emp.)
4.5 out of 5
"Excellent Experience with Volody tool at Yotta"
Volody is an excellent tool to manage the lifecycle of all legal contracts on a single platform. It gives the flexibility to define approval workfl...
FB
Farzana B.Mid-Market (51-1000 emp.)
5.0 out of 5
"Volody Review for CLM software"
It is user friendly and good support system maintained
Krunal S.
KS
Krunal S.Mid-Market (51-1000 emp.)
5.0 out of 5
"One of the top contract management software's out there"
I have been evaluating many contract management software and CLM software and came across volody to be one of the top ones for anyone to choose to ...
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Volody CLM Media

Volody CLM Demo - Contract Dashboard - Tracking and Compliance
Volody Contract Management Software gives role-based dashboards. A user's landing screen gives an access to all Customer contracts, Vendor Contracts, Expiries, Renewals, Compliances, Contracts under discussion, contracts under approvals all MIS readily available, Obligations, Approvals status, etc.
Volody CLM Demo - Volody Obligation Dashboard
The user can see all their pending, overdue, and upcoming obligations in a pie chart making it easier to track all their obligations.
Volody CLM Demo - Volody's AI-powered Chatbot
Volody AI makes generating contracts a piece of cake. Generate legally approved contracts on a click with all your previously executed terms.
Volody CLM Demo - Centralized repository with Document Versioning and Audit Trail.
Volody offers centralized digital storage and access to all contracts anywhere from any device. This enables users to access, search, and retrieve all your contract content including clauses with ease. User-based access feature gives restricted access to Contracts. A centralized contract reposi...
Volody CLM Demo - Volody's Advanced Analytical Dashboard
Volody has customizable graphs where not only the legal but the procurement, finance, and IT teams also can check how the contracts are doing without having to worry about legal jargon.
Volody CLM Demo - Customizable Contract Request Forms
Draft contracts with a few clicks. This contract request form is completely customizable and a conditional workflow is set as per your requirement.
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26 out of 27 Total Reviews for Volody CLM

4.8 out of 5
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26 out of 27 Total Reviews for Volody CLM
4.8 out of 5
26 out of 27 Total Reviews for Volody CLM
4.8 out of 5

Volody CLM Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for Volody CLMQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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G2 reviews are authentic and verified.
Parth B.
PB
Chief Information Officer
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Volody CLM?

I have used Volody for 4+ years and I use it for managing my IT contracts. The tool's interface is super easy to use and with easy integration there are no data silos. I love how it's packed with AI features that help me manage contracts even as a nonlegal person. Review collected by and hosted on G2.com.

What do you dislike about Volody CLM?

Volody is a great CLM tool, but can feel a bit much when you just need something simple. Still, it gets the job done well overall. Review collected by and hosted on G2.com.

What problems is Volody CLM solving and how is that benefiting you?

Being an IT person, I have a knick of getting this digitized which was not the case in our legal team which were leading to issues like error in contract, missing contracts, not knowing with whom the contract is, etc. Volody helps us solve these issues and digitized our contracts leading to a streamlined approach of contract management. Review collected by and hosted on G2.com.

raksha p.
RP
Assistant Manager
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Volody CLM?

I have been using volody for more than 2 years now on a daily basis and it has made managing contracts easier and faster! From quick customer support & flexible implementation I am able to have better visibility into my contracts. Not only this but with the slack integration I am able to get notifications of expiries and any version changes in the contracts are also notified making it easier and maintaining a transparent process thoughout Review collected by and hosted on G2.com.

What do you dislike about Volody CLM?

I really wish there was a module for IP management but, I have been assured by the team that this is in the roadmap. Review collected by and hosted on G2.com.

What problems is Volody CLM solving and how is that benefiting you?

I was having difficulties knowing where my contracts are stuck and did not have a clue who was working on the contract but with volody I am able to now easily see my entire contract lifecycle. Review collected by and hosted on G2.com.

SP
Office of General Counsel
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Volody CLM?

Volody clm is a really good contract management software out there and I have been using it for 1+ years and found it to be really good in reviewing my agreements. It has integrated with our data lake making it easier for all information to be present at a single place Review collected by and hosted on G2.com.

What do you dislike about Volody CLM?

I think one missing module I found was of trademark management but, as said it is part of the IP management software which the support and implementation team have told me that a product will be added soon so I am quite satisfied until now! Review collected by and hosted on G2.com.

What problems is Volody CLM solving and how is that benefiting you?

Volody has digitized all my contracts and made it easier to manage and look for clauses from previously executed agreements. Review collected by and hosted on G2.com.

RK
Group General Counsel
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Volody CLM?

My company has been using Volody for 5+ years now. Volody has been good in terms of doing business with. The tool is packed with many features like user friendly customizable workflow, easy to generate contract from salesforce integration, central repository andmaking it an ideal choice for contract management (CLM) software. Review collected by and hosted on G2.com.

What do you dislike about Volody CLM?

If I had to point out one thing that can be improved in can be the website as it is not justifying the tool and underselling it. Review collected by and hosted on G2.com.

What problems is Volody CLM solving and how is that benefiting you?

I am able to now review my contracts faster with AI helping me throught the process. Review collected by and hosted on G2.com.

Janvi D.
JD
Marketing
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Volody CLM?

I really like using volody's easy to use contract management software. Features like automated contract review, customizable workflow and secured central repository have saved ample amount of time for me. Review collected by and hosted on G2.com.

What do you dislike about Volody CLM?

I feel that the tool can have a holiday/ leave feature where automated emails can be sent or the task can be temporarily redirected to someone. Review collected by and hosted on G2.com.

What problems is Volody CLM solving and how is that benefiting you?

I used to use older not approved clauses to make new agreements causing issues but now, I am able to easily create legal approved clauses within minutes Review collected by and hosted on G2.com.

Krunal S.
KS
Digital Marketing Executive
Computer Software
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Volody CLM?

I have been evaluating many contract management software and CLM software and came across volody to be one of the top ones for anyone to choose to find an easy-to-use tool with good AI features. Review collected by and hosted on G2.com.

What do you dislike about Volody CLM?

I think the website for the tool does not justify its capabilities. I would rather have you take a demo from their sales team to checkout their tool. Review collected by and hosted on G2.com.

What problems is Volody CLM solving and how is that benefiting you?

End to end contract management is something that volody is good at doing Review collected by and hosted on G2.com.

Verified User in Computer & Network Security
EC
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Volody CLM?

Volody is an excellent tool to manage the lifecycle of all legal contracts on a single platform. It gives the flexibility to define approval workflows for every type of Contract. Renewal cycles are also manageable thru this tool. Review collected by and hosted on G2.com.

What do you dislike about Volody CLM?

The UI/UX experience needs to be made better. More freedom to the Account admin in terms of configurations instead of being dependency on dev team. Review collected by and hosted on G2.com.

What problems is Volody CLM solving and how is that benefiting you?

Centralised repository for all contracts and online approvals with logs. Review collected by and hosted on G2.com.

Sanket M.
SM
Assistant Implementation Head
Information Technology and Services
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic Review from User Profile
What do you like best about Volody CLM?

I have been using volody's contract management tool for more than a year on daily basis and my work has just reduced by half. Volody's AI modules like clause suggestion, risk analysis have reduced my contract review cycle by 75% along with its integration with salesforce has reduce my contract generation time. In overall, I really like the tool and how easy it makes it to manage contracts. Review collected by and hosted on G2.com.

What do you dislike about Volody CLM?

It took us around 6 weeks to implement the tool but, this was because of the heavy customization that we had. The support provided by Volody's team was superb. Review collected by and hosted on G2.com.

What problems is Volody CLM solving and how is that benefiting you?

All my contracts were scattered and Volody's tool provided me with a centralized platform to manage them all Review collected by and hosted on G2.com.

FB
Assistant Manager - Legal
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Volody CLM?

It is user friendly and good support system maintained Review collected by and hosted on G2.com.

What do you dislike about Volody CLM?

It is not much but if speed is improved it would be great Review collected by and hosted on G2.com.

What problems is Volody CLM solving and how is that benefiting you?

Workflow standardisation and automation. Benefit is cost and time saving and to have repository, clarity on approvals and understanding. Review collected by and hosted on G2.com.

PP
Law Practice
Small-Business(50 or fewer emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
(Original )Information
What do you like best about Volody CLM?

Have been using Volody's contract management software for almost 3+ years now. Here are a few reasons why I find the clm tool helpful:

1. Its AI suggests clauses based on previous agreements, which fastens the contract creation & review process.

2. The tool is very easy to use and has been customized as per my requirement within minimal implementation time. Also, with its integrations with our CRM and ERP system, tons of hours are saved.

3. I can track my contracts to see at which stage are they stuck, thus, enabling me to track the turnaround time for all the stakeholders & contracts. Review collected by and hosted on G2.com.

What do you dislike about Volody CLM?

Despite the tool being super friendly and fast support provided, for a business user, training sometimes might be required. This again might be on the capabilities also of the user to grasp the tool but other than that, no complaints from my end. Review collected by and hosted on G2.com.

What problems is Volody CLM solving and how is that benefiting you?

Manual, error-prone process with multiple departments and stakeholders involved making the process longer. With volody, we were able to fast track our contract cycle by automated approvals, faster contract creation and insights into our bottlenecks. Review collected by and hosted on G2.com.