When it comes to contract management, choosing the right tool can make all the difference. Both Cloud Contracts 365 and PocketLaw offer innovative solutions to help businesses streamline their legal processes, but they cater to slightly different needs. Below, we’ve broken down the key differences to help you decide which platform is the best fit for your business.
Cloud Contracts 365 is a UK-based, B2B legal SaaS platform designed specifically for technology businesses. It empowers companies to:
▪️Quickly build industry-specific contracts from a bank of templates.
▪️Review contracts for legal risks using AI-powered machine learning models.
▪️Manage contracts in one place with features like e-signatures and automatic renewal reminders.
Cloud Contracts 365 is tailored for technology businesses that need a comprehensive, end-to-end contract management solution with a focus on customisation and risk analysis.
PocketLaw is a legal platform aimed at small to medium-sized businesses (SMEs) across various industries. It provides:
▪️A library of pre-built legal templates.
▪️Guidance for creating contracts without needing a lawyer.
▪️Basic contract management tools.
PocketLaw is ideal for businesses looking for a simple, self-service legal solution without the need for advanced contract management features.
| Feature | Cloud Contracts 365 | PocketLaw |
|---|---|---|
| Target Audience | Technology businesses in the UK. | SMEs across various industries. |
| Contract Templates | Industry-specific templates tailored for tech businesses. | Generic legal templates. |
| AI-Powered Risk Analysis | Yes – advanced machine learning models to identify and flag legal risks | No |
| Contract Management | Centralised platform with e-signatures, renewal reminders, and full lifecycle tracking | Basic contract storage and management |
| Customisation | High – templates can be tailored to specific business needs | Limited customisation options |
| Legal Guidance | Built-in AI insights for risk and compliance | Basic guidance for template usage |
| E-Signature Integration | Yes – built-in as standard at no extra cost | Yes - Third party licence required at additional cost |
| Automatic Renewal Reminders | Yes | No |
| Pricing | Tailored for B2B tech businesses; scalable for growth. | Affordable for SMEs, but limited in advanced features |
| Customer Support | Dedicated support for B2B clients | General support for SMEs |
| Legal Support | Yes - Via partner law firm (Law 365) | No |
If you’re a technology business looking for a contract management solution that goes beyond basic templates, Cloud Contracts 365 is the clear choice. Here’s why:
AI-Powered Risk Analysis
Unlike PocketLaw, Cloud Contracts 365 uses advanced AI to review contracts for potential legal risks, ensuring your business stays compliant and protected.
End-to-End Contract Management
From drafting to signing and renewal tracking, Cloud Contracts 365 offers a complete solution to manage your contracts efficiently.
Tailored for Tech Businesses
With industry-specific templates and features designed for the unique needs of technology companies, Cloud Contracts 365 provides a more relevant and effective solution.
Built-In E-Signatures and Automation
Save time and reduce manual work with integrated e-signatures and automatic renewal reminders.
PocketLaw is a great option for small businesses that need a simple, affordable way to create and manage contracts. It’s best suited for companies that:
▪️Don’t require advanced contract management features.
▪️Want a straightforward, self-service platform for basic legal needs.
▪️Operate in industries outside of technology.
Both Cloud Contracts 365 and PocketLaw are excellent platforms, but they serve different purposes. If you’re a technology business in the UK looking for a comprehensive, AI-powered contract management solution, Cloud Contracts 365 is the perfect fit. On the other hand, if you’re a small business seeking a basic legal tool, PocketLaw may meet your needs.
Ready to take your contract management to the next level?
Get Started with Cloud Contracts 365 Today!