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What Is QuickBase? A Low-Code Database Platform For Citizen Developers

QuickBase

QuickBase is a great software platform that allows you to streamline the work related to business management, lead management, and resource management for better work processes. This software platform is a no-code platform where you can empower your business teams to create, modify, and customize applications despite not having major programming skills.

In this article, you will learn some basic details about QuickBase, which you need to be aware of if you try to purchase the software for your business. In addition to the pricing of the software, you will also learn about the major features of the software platform, which you can find after your QuickBase Login.

Hence, you shall find out whether this software is a good option for your business or not. Finally, we will discuss some of the major pros and cons of the software. Hence, to learn more about the software, read on through to the end of the article.

QuickBase – What Is It All About?

QuickBase – What Is It All About

In the year 2022, Inc. Magazine named QuickBase as the Best in Business SaaS software. This tells you that the company has made a positive impact on society, the environment, communities, and industries. You will have better access to better information. Furthermore, automated workflows and access through permissions can help in enhancing security.

According to the official website of QuickBase,

A big focus at QuickBase is how to create better connections. Between your people, among your systems and data, with partners and collaborators. And that connection can – and should – go even further when you are truly effective.”

Basically, QuickBase allows you to get all aspects of your business operations in one place. This acts as a centralized system that everyone can access. On the other hand, you will also have a better idea of what is happening at every stage of the business organization.

Once you start using QuickBase, there shall be less risk for your organization, and you will be able to reduce the amount of waste that your organization generates. This, in turn, can help you to cut down your costs, as you can connect the existing systems of your business with the key contributors.

Read More: Zoho CRM – Best Features, Pricing, Pros, Cons, And Alternatives

QuickBase Pricing

QuickBase Pricing

Provided the types of functions that QuickBase offers for businesses, the price looks quite affordable. Furthermore, once you try to purchase the basic version of the app, you will be able to use the app for a period of thirty days as a trial, where you will get all the features available at higher levels. Here are the pricing levels of QuickBase:

PlansPricing
Team$35 per user per month (annual billing) for a minimum of 20 users
Business$55 per user per month (annual billing) for a minimum of 40 users
Enterprise­­- Fully customizable software- Price as per the types of services availed.- For the whole enterprise and interconnected use cases.

QuickBase – What Are The Major Features That It Offers?

QuickBase – What Are The Major Features That It Offers

QuickBase helps you streamline the processes of the organization, and your teams can also improve their complex business application. Furthermore, here, you will not need to worry about the cost of traditional development, maintenance, and deployment of resources.

Here are the major features:

  1. Project management
  2. Portfolio management
  3. Resource management
  4. Budget and Finance
  5. Contract management
  6. Work-order management
  7. Subcontractor management
  8. Reports and Analytics, and many more.

Why Can QuickBase Be A Good Option For Your Business? 

Why QuickBase Can Be A Good Option For Your Business

As per the claims of QuickBase’s official website,

QuickBase helps your team mitigate risk, reduce waste, and cut down on unexpected costs by connecting your existing systems with key contributors. With automated workflows and granular permissions, the right people will have access to the right information every time.”

Apart from that, there is also QuickBase Training which you can avail of to become an expert with the software. Once you start using the software at all levels for the business, it will help in simplifying the processes. It also comes with a variety of options for integrations as well, as you can connect with all the QuickBase software systems, as well as third-party systems.

Essential Pros And Cons Of QuickBase  

Essential Pros And Cons Of QuickBase

Like every other software platform, QuickBase also comes with its own set of pros and cons that are essential for you to know. The following are the major pros and cons that you will need to know about QuickBase:

Pros Of QuickBase  

Here are the major pros of QuickBase, which shall surely benefit your business processes:

  • The platform has very proactive and outgoing product support.
  • There is a large user community forum, which is brisk. Here, you will be able to learn a lot about the software and clear your doubts as well.
  • There are many customization options that allow you to personalize the software based on the needs and demands of the business.
  • The reporting and analytic functions are plenty, and they are powerful as well. Such features can help you to make data-driven decisions for your organizations.
  • There are plenty of integration possibilities with third-party applications as well.
  • There are a variety of permission levels that can enable you to maintain better control of your business.

Cons Of QuickBase  

The following are some of the cons of QuickBase which you need to be aware of if you are thinking about making a purchase:

  • The software has many features and can get complicated in certain cases. Hence, there is a steep learning curve at the start.
  • The mobile app is not so great and lacks functionalities and features.
  • The budget and financial management tools are limited.
  • There are some problems with the tables, as retrieving data can be difficult.
  • If you want a summary of configuration information, it is not possible.
  • Creating dynamic forms is complicated.

Read More: Freshworks – Best Features, Pricing, Pros, And Cons: Let’s Discuss

Summing Up  

Hope this article was helpful for you to find out whether QuickBase is a good option for your business or not. We think it is. If yours is a small business, this is great software to manage your business processes easily. What are your own reviews about the software? Share with us in the comments section below.

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Soumava Goswami

Inspired by The Social Network, Soumava loves to find ways to make small businesses successful – he spends most of his time analyzing case studies of successful small businesses. With 5+ years of experience in flourishing with a small MarTech company, he knows countless tricks that work in favor of small businesses. His keen interest in finance is what fuels his passion for giving the best advice for small business operations. He loves to invest his time familiarizing himself with the latest business trends and brainstorming ways to apply them. From handling customer feedback to making the right business decisions, you’ll find all the answers with him!

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AI in Contract Management

A Comprehensive Guide To AI in Contract Management

Legal departments and firms worldwide are increasingly embracing Artificial Intelligence (AI) into their operations. This is despite fears from some lawyers as to the potential impacts. However, the evolution of AI into the legal profession should be welcomed because it will never replace the value of judgment-forming human lawyers. This stems from the fact that intelligence is a vital component of humanity, and AI extends on that quality. AI should be embraced as a value-building element that will facilitate the duties of lawyers and provide them with ample time to focus on more complex and demanding tasks. One notable area where AI is impacting the legal profession is contract management. Understanding The Aspect Of AI Artificial intelligence is also identified as cognitive computing. It identifies machine operations that copy human brain processes through making decisions based on some sets of data. AI programs operate through computer programs training and continuously trying through trial and error in unsupervised learning. Computers also learn from humans through supervised learning. An effective AI program can perform tasks that usually require human intelligence (Rich, 2018). For instance, these programs can translate languages and even recognize speech and objects.  Artificial Intelligence In Contract Management Lawyers are increasingly using AI contract management software to classify contracts just in the same manner that some individuals are training AI programs to translate languages. On this note, lawyers are infusing AI programs with training sets that may comprise of different purchaser and supplier contracts. Upon the identification of the contracts, the AI program collects data from the training set in the classification of future contracts. In this regard, the program analyzes and examines the language that is commonly used in purchaser-friendly and supplier-friendly contracts. It is also possible for a lawyer to train the AI program to reject or request variations on specific language in the different types of contracts (Linarelli, 2021). It is worth mentioning that AI programs differ from the contract management systems used previously in legal departments in the storage and organization of file sets (Agarwal, 2020). This is because cognitive computing programs fully understand the completion of certain tasks conventionally assigned to lawyers. For example, these programs can establish patterns with a set of data, perform a comprehensive examination and provide the results.  AI programs assist lawyers in identifying risks, future financial obligations, renewal and expiration dates, and anomalies. Lawyers are training AI programs on the actions required for specific contracts. For example, they are ensuring these programs send all non-disclosure agreements for review by the general counsel. Similarly, an AI program will have NDA contracts that meet the required threshold approved and executed. AI programs are also being used to remind lawyers of contracts that require to be renewed before the expiry dates. AI programs are also being established in ways that they can identify missing clauses in contracts.  It is essential to note that AI programs in the legal industry cannot advise clients, negotiate deals, write briefs, and appear in court.  Impacts of AI In Contract Management AI is a whole new frontier to master. Studies show that AI can have a huge impact on business verticals. This section will study how AI will impact business verticals and contract management in upcoming years.  Increased Efficiencies Conventional contract management is rather labor-intensive, time-consuming and often inefficient. This is particularly because the drafting of contact is quite lengthy. Lawyers must read thoroughly through their drafts and ensure that they have all areas of different parties covered. There are delays, particularly when more people are involved in the creation or approval of the contracts. Based on the above facts, conventional contract management makes it utterly impossible and difficult for a lawyer to get a general grasp of all contracts. Lawyers in these departments handle large volumes of contracts. As such, it is often a struggle to extract requisite data into organized databases. Furthermore, contracts in many legal departments are often scattered in different email inboxes and hard drives instead of being situated in one database (Rich, 2018). This, in turn, fuels disorganization that causes missed deadlines and costly errors. It is worth mentioning that contracts make up a large percentage of financial transactions in entities. They also form the foundation and relationship between buyers and suppliers. As such, ineffective contract management can be quite catastrophic in terms of loss of capital. Studies have shown that companies lose about 9% of their annual revenues because of poor contract management costs. It is, therefore, strongly recommended for legal departments to digitize their contracts into AI programs. This initiative will save not only time but also money (Rich, 2018). AI programs will assist legal departments in using algorithms to make decisions and organize information. Lawyers can also infuse AI programs with sets of training data on non-disclosure agreements. These programs can then be used to identify the specific language in the NDA contracts. As such, contracts that meet the stipulated requirements for NDAs are approved and submitted for execution. It is also possible for AI programs to be trained to recognize agreements being reviewed and offer suggestions in terms of relevant provisions. For example, in the scenario the department frequently engages with a particular supplier, the AI program will be able to offer recommendations that have been utilized previously. Greater Risk Intelligence Contracts are quite sensitive and risky. In this regard, lawyers have conventionally been forced to monitor contracts throughout their enforcement period. With AI programs, lawyers are easily notified of deadlines. This frees them to tackle other meaningful and demanding tasks. For example, lawyers through AI programs establish rules for deadline reminders. One may choose to “find all contracts with certain expiry dates and choose to be notified one month or two weeks before”. This initiative is undoubtedly time-saving and provides lawyers with time to mitigate risks associated with each contract. It is also essential to note that forecasting is an attribute that all lawyers should strive to possess. For instance, an attorney may choose to determine whether litigation against a certain supply will be victorious. Experienced lawyers tend to have better forecasting attributes. Nonetheless, AI programs are much better and more accurate in the analysis of large sets of data. Through accurate predictions of potential contract litigation outcomes, lawyers will save entities significant amounts of money (Linarelli, 2021). Greater Accuracy and Consistency Undoubtedly, human beings are prone to errors. As such, relying on them to accurately review and draft contracts is ill-advised. As is the norm, individuals often copy and paste from templates when creating contract drafts. In this regard, they often or are bound to omit certain sections. Despite them spending countless hours going through the documents to ensure all aspects are covered and flagging problematic clauses. It is based on the above facts that AI programs are highly recommended. They will reduce the costs and mistakes that are brought about by human error. There are some AI programs that prompt lawyers to choose specific clauses that they will accept or reject. As such, if a contract is uploaded but misses some important clauses, it is immediately rejected. AI programs will also foster consistency in contract management. For instance, these programs can ensure that particular definitions are used across all contracts in the department or pertaining to a certain supplier. AI programs also allow for the extraction of key data from contracts (Linarelli, 2021). In so doing, they provide an overview of fundamental concepts in the contracts. Some AI Contract Management Tools You Need To Know About Currently, the market is saturated with AI Contract Management tools. However, you need to have a clear idea about what you want and need. This section is meant to educate you on some of the best AI Tools you can use for contract management.  Docusign CLM Docusign CLM is the first AI Contract Management Tool that we would like to discuss. The tool is popularly lauded as one of the best AI-powered management tools in business. The tool is ideal for technical as well as non-technical users. This tool is best suited to manage small to medium-tier businesses. This application is known to process complex approval processes and mediate between clients and stakeholders. However, the application has a very modern user interface. This can be a little challenging for people with limited technological clarity. The pricing for this software ranges from £8 /month to £33 /month.  Icertis The next AI-based contract management tool that we would like to talk about includes Icertis. Icertis converts contracts into strategies and strategic assets. This can help with compliance and other similar issues altogether. As a result, the application can streamline the contractual process and enable better decision-making. Icertis uses AI tools in order to create individual or mass-contracts. The platform also offers services like contract negotiation, risk assessment, and many more. Icertis works best in an AI-powered ecosystem. Therefore, you will not face any challenges while integrating this tool with other tools you have. One of the biggest cons of this tool is that the customer support team has a long response time. This can be challenging and can disrupt operational flow. As of now, the pricing for this tool is unavailable.  Contract Works The third AI-based contract management tool on this list is Contract Works. This AI-powered tool is one of the best tools for managing business contracts and contract preparation. The tool helps in automating basic and mundane tasks. As a result, a lot of your time will be saved. This tool works in synergy with the ChatGPT architecture. Therefore, the application will enable you to do several tasks at one time, from preparing redline contracts automated email replies, etc. This is a great tool to have in your arsenal. However, the tool does not support integration with  ERP or CRM tools. As a result, the tool can get a little restrictive in some sense. The pricing of the tool starts at around $700 per month and can go up to $2000 per month. Conclusion With that, you have reached the very end of our article about the role of AI in contract management. Before you start gravitating towards AI for contract management, just remember that AI is a new frontier. As a result, expect to see some major shifts in the design. You May Also Like.. The Role Of Responsive Design In B2B Websites The Importance Of Tech Support For Your Small Business The Art Of Automation: Streamlining Marketing Processes With Tech