Is there a free CLM software for small business?

Yes - Legitt AI offers a free plan that includes AI contract drafting, e-signature, and basic contract management. It's the best free starting point for small business founders who want to experience AI-native CLM without a credit card commitment.

How much does CLM software cost for a small business?

It ranges widely. Entry-level tools like Contractbook start at $115/month. Mid-range options like Concord run $399/month. Enterprise tools like Ironclad start at $30,000/year. Legitt AI offers one of the best value propositions in the market with a free tier and affordable SMB-priced paid plans.

Do I really need CLM software or is Google Drive fine?

Google Drive is fine - until it isn't. And when it fails, it usually costs money. A missed auto-renewal, a signed contract you can't locate, a risky clause you didn't catch. CLM software pays for itself quickly. Even a basic tool eliminates the biggest contract risks within the first month.

How long does it take to set up CLM software?

Modern AI-native tools like Legitt AI take a few hours at most to get running. Enterprise tools like Ironclad can take 4-8 weeks with dedicated onboarding support. For most small businesses, speed of setup is a key factor - and AI-native platforms win here by a wide margin.

What's the difference between CLM software and e-signature software?

E-signature software only handles the moment of signing. CLM software manages the entire contract journey - drafting, negotiating, signing, storing, tracking obligations, and managing renewals. You need both capabilities, which is why the best CLM tools (like Legitt AI) include e-signature built directly into the platform.

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