About contract life
cycle management (CLM)
Traditionally,
contracts were documented on paper and presented for any revisions or
amendments till the final version was prepared. Lawyers used to review the
contracts manually, which was a time consuming and error prone process. With
evolution in technology, companies started managing contracts via the
electronic media. However, the electronic format of contracts have not enhanced
the visibility of the contracts, resulting in poor management of those
contracts. With the adoption of CLM software, companies enhanced the visibility
of the contracts and, hence, were able to provide timely information to make
informed decisions.
CLM software allows
companies to streamline the contracting process by automating the drafting of
contracts. It also helps negotiate, track, manage, and obtain optimal value
from buy-side as well as sell-side contracts. Demand for CLM software comes
from sectors involving complex contracts, such as the financial services,
healthcare, manufacturing, and public sectors. Large enterprises as well as
small enterprises in these sectors are adopting CLM software to manage their
contracts.
View
Full Report with TOC @ http://www.radiantinsights.com/research/global-contract-life-cycle-management-market-2015-2019
global CLM market to grow
at a CAGR of 16.35% over the period 2014-2019.
Covered
in this report
The global CLM market
is segmented on the basis of products and geography.
Global CLM Market
2015-2019, has been prepared based on an in-depth market analysis with inputs
from industry experts. It covers the landscape of the global CLM market and its
growth prospects in the coming years. The report also includes a discussion on
the Key vendors operating in this market.
Related
reports by Radiant Insights: http://www.radiantinsights.com/catalog/ict
Key
vendors
Apttus
CLM Matrix
Exari
IBM Emportis
Oracle
SAP
Selectia
Other
prominent vendors
BravoSolution
CMA Contiki
ESM Solutions
GEP
Great Minds Software
Icertis
About
Radiant Insights
Radiant Insights is a
platform for companies looking to meet their market research and business
intelligence requirements. We assist and facilitate organizations and
individuals procure market research reports, helping them in the decision making
process. We have a comprehensive collection of reports, covering over 40 key
industries and a host of micro markets. In addition to over extensive database
of reports, our experienced research coordinators also offer a host of
ancillary services such as, research partnerships/ tie-ups and customized
research solutions.
Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519
Email: sales@radiantinsights.com
Blog URL: http://www.radiantinsightsinc.blogspot.com
No comments:
Post a Comment