The CLM market has seen rapid consolidation as large suite vendors purchase dedicated solutions. Wondering where this turbulence leaves your CLM roadmap? Answer these five questions.
Is your vendor committed to a product that can handle all contracts, rather than focused on a specific contract type (buy-side, sell-side, corporate, etc.)?
Post-acquisition, do your vendor’s contract management offerings match those promised when you purchased the solution?
Will your CLM still exist as a stand-alone product?
Are you confident your vendor will retain the same number of developers and product managers dedicated to CLM?
Does your CLM solution still serve all stakeholders (legal, procurement, sales, compliance, etc.)?
Based on your answers, it looks like you’re in calm waters for contract lifecycle management solutions (Maybe you’re actually an Icertis customer?).
Still want to learn more?