The market has seen numerous acquisitions, mergers and spin-offs that have raised questions for users of these products about the value they can expect to receive from their investment. Product roadmaps and commitment to innovation are in question, and in some cases CLM products will sunset as their functionality gets absorbed into a suite or replaced with a competing product. Given the rapid advancement of contract management software and the incredible value companies can realize from contracts managed on a CLM platform, companies need a solution that will meet all the contract management needs now and in the future.
For customers, market activity related to acquisitions, an expanding marketplace, rapid evolution of business requirements and more can lead to many questions and doubts about the future of their current contract management solution. Thankfully, finding the right CLM provider who can focus on your enterprise’s contract management goals doesn’t have to be hard.