Contract Management Software: AI Visibility Market Discovery Index

Tracking how AI platforms recommend contract management software. This public AI Visibility Market Discovery Index is updated monthly since July 2026.

Mark Huntley, J.D.
By Mark Huntley, J.D.Growth Strategist & AI Discovery Analyst
8 minutes read

Benchmark Summary

Questions This Section Answers

  • Who leads the Contract Management Software benchmark, and what is the coverage gap with the next brand?
  • Which brands recorded the largest coverage increase and decline this month?
  • How does the July to October 2026 series describe the overall market movement?

DocuSign led the Contract Management Software benchmark in October 2026 with valid recommendation coverage of 60.7%, ahead of PandaDoc at 50.1%, a gap of 10.6 points. The largest coverage increase belonged to Juro, which moved from 13.9% in September 2026 to 19.8% in October 2026, a rise of 5.9 points. The largest coverage decline belonged to Icertis, which fell from 19.7% in September 2026 to 18.3% in October 2026, a decline of 1.4 points. Against the July 2026 baseline, two brands recorded significant declines: Icertis, down 11.2 points from 29.5%, and LinkSquares, down 7.4 points from 20.9%. The month's movement was otherwise within normal variation.

Across the full July 2026 to October 2026 series, the headline movement remains the August 2026 contraction, when every brand's coverage fell sharply, followed by a broad recovery in September 2026 and continued stabilization in October 2026. DocuSign and PandaDoc each rose in both September 2026 and October 2026, a two-month streak. Icertis and LinkSquares have not recovered to their July 2026 baseline levels. The benchmark began with 800 prompt-surface observations in each month of the series and produced 481 qualified observations in October 2026 after qualification.

AI recommendation trend

valid recommendation coverage, Jul 2026 to Oct 2026

0%20%40%60%80%Jul 2026Aug 2026Sep 2026Oct 2026
  • DocuSign60.7%
  • PandaDoc50.1%
  • Ironclad38.9%
  • Agiloft20.6%
  • Juro19.8%
  • Conga18.3%
  • Icertis18.3%
  • ContractSafe18.1%
  • LinkSquares13.5%
  • ContractWorks6.9%

Current Benchmark at a Glance

Measure

Jul 2026

Oct 2026

Movement

Qualified benchmark observations

468

481

Up 13

Tracked brands

10

10

No change

Qualified surface breadth

6

6

No change

Recommendation-shaped answer share

42.9%

59.3%

Up 16.4 points

Valid recommendation shortlist share

67.5%

70.3%

Up 2.8 points

Leader by valid recommendation coverage

DocuSign

DocuSign

No change

Qualified surface breadth counts the canonical AI/search surface families with at least one qualified observation: ChatGPT, Copilot, Gemini, Perplexity, AI Overviews, and AI Mode. Both July 2026 and October 2026 recorded qualified observations across all six families.

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For the strategic interpretation of this benchmark, read CiteWorks Studio's analysis of How AI Search Is Recommending Contract Management Software

Research Scope and Qualification

Questions This Section Answers

  • Why are brand-level percentages based on a narrower set of qualified observations rather than all 800 prompts?
  • How many prompt-surface observations qualified for the benchmark in October 2026?

The public benchmark is narrower than the raw collection universe by design.

Research stage

Jul 2026

Oct 2026

What it represents

Source prompt-surface observations

800

800

Total prompts collected

Unique questions

463

546

Distinct question phrasings

Brand / competitor mentions

800

800

Prompts mentioning a tracked brand

Relevant observations

742

715

On-topic for the vertical

Irrelevant observations

58

85

Off-topic for the vertical

Qualified benchmark observations

468

481

Public denominator

Brand-level percentages use the qualified observations as the public denominator, not the raw collection. Learn more in the AI Visibility Market Discovery Methodology.

Current Brand Standings

Questions This Section Answers

  • Which brands rank highest, and how far ahead is the leader on valid recommendation coverage?
  • How do presence rate, top-three rate, rank-one rate, and net sentiment differ across the rankings?

Brand

Presence rate

Valid recommendation coverage

Top-three rate

Rank-one rate

Net sentiment

DocuSign

92.1%

60.7%

44.3%

23.3%

0.7

PandaDoc

65.3%

50.1%

33.3%

10.4%

0.8

Ironclad

55.5%

38.9%

28.3%

15.2%

0.7

Agiloft

28.9%

20.6%

4.6%

0.4%

0.8

Juro

23.7%

19.8%

6.9%

1.2%

0.9

Conga

26.8%

18.3%

7.7%

0.6%

0.7

Icertis

34.3%

18.3%

8.3%

2.1%

0.6

ContractSafe

21.4%

18.1%

7.7%

4.2%

0.9

LinkSquares

18.9%

13.5%

1.5%

0.0%

0.7

ContractWorks

9.8%

6.9%

2.1%

0.2%

0.8

How to Read the Standings

  • Presence rate is the share of qualified observations where the brand is mentioned at all in the AI answer.
  • Valid recommendation coverage is the share of qualified observations where the brand receives a bona fide recommendation, excluding passing mentions.
  • Top-three rate is the share of qualified observations where the brand appears in a recommended shortlist's top three.
  • Rank-one rate is the share of qualified observations where the brand is the single first recommendation.
  • Net sentiment is the share of positive minus negative mentions among all sentiment-bearing mentions, from 0 to 1.

For formulas and denominator rules, see AI Visibility Market Discovery Metric Definitions.

Recommendation Coverage Movement

Questions This Section Answers

  • Which brands moved most against their July 2026 baseline?
  • How have Icertis and LinkSquares trended since their July 2026 levels?

Brand

Jul 2026

Oct 2026

Movement since baseline

Agiloft

25.0%

20.6%

Down 4.4 points

Conga

15.4%

18.3%

Up 2.9 points

ContractSafe

18.6%

18.1%

Down 0.5 points

ContractWorks

7.7%

6.9%

Down 0.8 points

DocuSign

56.4%

60.7%

Up 4.3 points

Icertis

29.5%

18.3%

Down 11.2 points

Ironclad

43.2%

38.9%

Down 4.3 points

Juro

16.7%

19.8%

Up 3.1 points

LinkSquares

20.9%

13.5%

Down 7.4 points

PandaDoc

47.6%

50.1%

Up 2.5 points

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The largest prior-to-current move belonged to Juro, up 5.9 points from 13.9% in September 2026 to 19.8% in October 2026. DocuSign rose 4.7 points from 56.0% in September 2026 to 60.7% in October 2026, and PandaDoc rose 2.8 points from 47.3% to 50.1% over the same period. Eight of ten brands have risen in each of the two months since August 2026.

Largest Increase: Juro

Juro recorded the largest prior-to-current coverage increase, rising 5.9 points from 13.9% valid recommendation coverage in September 2026 to 19.8% in October 2026. Against the July 2026 baseline, Juro is up 3.1 points from 16.7%. The top-three rate moved from 4.5% in July 2026 to 6.9% in October 2026, and the rank-one rate moved from 0.4% to 1.2% over the same period. Juro's 19.8% coverage in October 2026 represented 95 valid recommendations from 481 qualified observations.

Largest Decline: Icertis

Icertis recorded a significant coverage decline against baseline, falling 11.2 points from 29.5% valid recommendation coverage in July 2026 to 18.3% in October 2026. Top-three rate fell from 15.0% to 8.3%, and rank-one rate fell from 6.2% to 2.1% across the same period. Presence rate also declined from 40.6% to 34.3%. Icertis's 29.5% coverage in July 2026 represented 138 valid recommendations from 468 qualified observations, and its 18.3% in October 2026 represented 88 valid recommendations from 481 qualified observations.

Category Leader: DocuSign

DocuSign was the coverage leader in both July 2026 and October 2026, rising from 56.4% to 60.7%, a change of 4.3 points. DocuSign also led on presence rate, top-three rate, and rank-one rate in October 2026, holding the top position across every placement measure. PandaDoc, the second-largest brand by coverage, held the second position on presence rate and top-three rate but a lower rank-one rate than Ironclad, which recorded 15.2%.

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Recommendation Placement Snapshot

Questions This Section Answers

  • Why does placement order the leading brands differently than coverage alone?
  • How did top-three and rank-one rates shift for DocuSign, PandaDoc, and Ironclad?

Coverage alone does not show how prominently a brand is recommended. Among the top brands by valid recommendation coverage, placement rates reveal a different ordering.

Brand

Oct 2026 top-three rate

Oct 2026 rank-one rate

Jul 2026 top-three rate

Jul 2026 rank-one rate

DocuSign

44.3%

23.3%

35.3%

16.2%

PandaDoc

33.3%

10.4%

24.6%

6.2%

Ironclad

28.3%

15.2%

35.7%

23.1%

DocuSign's top-three rate and rank-one rate both rose against baseline, up 9.0 points and 7.1 points respectively. PandaDoc's rank-one rate rose 4.2 points from 6.2% to 10.4%. Ironclad's top-three rate and rank-one rate both declined against baseline, down 7.4 points and 7.9 points. Close coverage figures can still hide markedly different first-position rates.

Buyer-Intent Distribution

Questions This Section Answers

  • What class of discovery do the qualified observations cover?
  • Which buyer-intent classes are absent from the current public benchmark?

In both the baseline and current months, the qualified observations fell into the Brand Recommendation class of discovery.

Buyer-intent class

Jul 2026

Oct 2026

Brand Recommendation

468

481

Pricing & Value

0

0

Multi-Brand Comparison

0

0

Total qualified observations

468

481

The current public series measures brand recommendation discovery only. It does not yet contain qualified observations in the Pricing & Value or Multi-Brand Comparison classes.

Historical Measurement Record

Measurement

Qualified observations

Coverage leader

Leader coverage

Largest coverage movement

Jul 2026

468

DocuSign

56.4%

DocuSign, down 43.2 points to Aug

Aug 2026

453

PandaDoc

13.7%

DocuSign, down 43.2 points from Jul

Sep 2026

482

DocuSign

56.0%

Agiloft, down 9.2 points from Jul

Oct 2026

481

DocuSign

60.7%

Juro, up 5.9 points from Sep

Evidence and Source Layer

The benchmark is built from prompt-level observations that retain the query, AI/search surface, answer, brand outcome, recommendation placement, sentiment, and, where exposed, citations or attributable evidence sources. Source presence is evidence about the information environment. It is not automatically proof that the source caused the recommendation.

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Scope Boundaries

This public benchmark does not measure market share, attributable sales, every possible AI response, organic-search ranking, social mention volume, private or sponsored channels, or causality from a metric movement alone.

Top 10 Cited Domains

Questions This Section Answers

  • Which domains are cited most often in AI platform responses, and how widely cited are they?
  • How much of the citation environment is controlled by tracked brands' own sites?

Across all AI platform responses in October 2026, the benchmark recorded 6,243 citations across 1,061 unique domains.

Rank

Domain

Citations

Share

Platforms citing

1

youtube.com

409

6.6%

Gemini, AI Mode, AI Overviews, Perplexity

2

pandadoc.com

341

5.5%

ChatGPT, Copilot, Gemini, AI Mode, AI Overviews, Perplexity

3

docusign.com

316

5.1%

ChatGPT, Copilot, Gemini, AI Mode, AI Overviews, Perplexity

4

google.com

234

3.7%

AI Mode, AI Overviews

5

reddit.com

158

2.5%

ChatGPT, Gemini, AI Mode, AI Overviews, Perplexity

6

gartner.com

154

2.5%

ChatGPT, Copilot, Gemini, AI Mode, AI Overviews, Perplexity

7

sirion.ai

142

2.3%

ChatGPT, Copilot, Gemini, AI Mode, AI Overviews, Perplexity

8

icertis.com

140

2.2%

ChatGPT, Copilot, Gemini, AI Mode, AI Overviews

9

g2.com

110

1.8%

ChatGPT, Copilot, Gemini, AI Mode, AI Overviews, Perplexity

10

ironcladapp.com

97

1.6%

ChatGPT, Copilot, Gemini, AI Mode, AI Overviews, Perplexity

Citations are distributed across a long tail of 1,061 domains, but the top ten account for a meaningful share of the total. Three of the top ten domains belong to tracked brands: pandadoc.com, docusign.com, and icertis.com, alongside ironcladapp.com at rank ten. Official brand sites appear alongside general knowledge sources, a large video platform, community forums, and a technology research firm, with review sites present but not dominant in the top ten.

About This Benchmark

The LLM Authority Index AI Visibility Market Discovery Index tracks how often and how prominently contract management software brands surface across major AI and search surfaces in response to real buyer-style queries. The benchmark is rebuilt monthly from a consistent, documented research protocol.

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