Continued global disruptions put pressure on procurement to understand who they are doing business with and on what terms. That means having intelligent, automated contract management technology in place. Yet some of the biggest enterprises in the world continue to manage commercial relationships via spreadsheets and manual effort. There’s a better way: contract lifecycle management (CLM) software.
According to the new report, “IDC MarketScape: Worldwide SaaS and Cloud-Enabled Buy-Side Contract Life-Cycle Management Applications 2023 Vendor Assessment”: “CLM applications have made significant advances in the use of innovative technology to arrive at their current state. The applications have transitioned from glorified digital contract repositories to highly automated decision support tools that integrate with procurement, sourcing, and finance platforms.”
Access the report today to gain insight on:
• Why recent disruptions have underscored the need for advanced contract management capabilities
• How integrations can help procurement do more with CLM
• Why Icertis is named a Leader in the category
“Global disruptive events of the past two years have underscored the need for CLM applications that can facilitate the reduction, elimination, or mitigation of the risks related to legality, financing, and procurement, across organizations.”