Malbek | 20 Most Promising Enterprise Contract Management Solution Provider - 2018
Malbek: Contract Management, Simplified!!!
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CIOREVIEW >> Contract Management >> Malbek

Malbek has been recognized by CIOReview Magazine as the recipient of “20 Most Promising Enterprise Contract Management Solution Providers - 2018,” based on our proprietary methodology, reflecting its position in the industry. This profile has been developed by the CIOReview research and editorial team based on insights from an interview with Hemanth Puttaswamy, CEO and Co-Founder.

Malbek
Contract Management, Simplified!!!

Malbek

Hemanth Puttaswamy, CEO and Co-Founder
“You deserve a contract management solution as simple and powerful as a Google or Apple application.” This bold statement comes from Hemanth Puttaswamy, CEO and co-founder of Malbek, a company redefining the contract management paradigm. Hemanth realized the need to reinvent contract management, having worked in the industry for more than a decade. His firsthand experience gave him profound insights into contract management processes and the adverse consequences of outdated ways of handling them. He understood that most organizations lack a user-friendly and cost-effective solution. Malbek is a place with a unique work culture, as well a strong understanding of the interdependence amongst its team members. Marketing depends on engineering, sales on marketing, and engineering on executive vision. When he and his co-founders, fellow industry veterans with decades of technology experience in a variety of industries— Matt Patel, COO; Madhu Poolu, CTO; and Brian Madocks, Chairman of the Board—realized that they shared the same vision for starting such an organization that would disrupt the Quote-to-Cash space, Malbek resulted.

Malbek provides an innovative, cloud-based contract lifecycle management solution focused on efficient proposal and contract management best practices. By streamlining the process from initial proposal to contract request to review and approval to signature and post-contract effectiveness, Malbek PLAYBOOKTM helps sales and finance teams optimize offer and quote management to increase profitability. It provides clear visibility into quoted terms and seamlessly creates a draft contract upon quote approval. Then Malbek’s CLM solution, Malbek CONTRAXTM simplifies contract creation, negotiation, approvals, execution, search, renewals, and tracking of obligations. This reduces risk and increases compliance. With a guided contracting user experience, the contract request, as well as the review and approval process, is simplified with a slick, walk-up user interface, resulting in increased user adoption. Its search and reporting features are as simple as using those of Google or Amazon.

Malbek AI offers advanced search indexing with the ability to seamlessly classify, categorize, and report key contracting terms.

Matt Patel, COO and Co-Founder

Intelligent search facets can track contract metadata and content while helping to measure and significantly improve contracting performance outcomes by providing legal teams with a summary of unfavorable terms. “We wanted to make a solution that assists sales teams in closing deals faster, provides visibility into critical financial obligations for finance teams, and helps legal teams with heavy contract workloads,” explains Hemanth.

Our contracting solution is about configurability and ‘do-it-yourself’ functionality. It’s the new age CLM solution

Malbek offers a white-glove service and support model with overall customer satisfaction as a primary focus. As soon as a customer signs up with Malbek, they immediately get an application environment to begin configuration and use of the solution. The project kicks off with Malbek’s experienced services and support team bringing best practices and guidance to each implementation. “Our applications are all about configurability and user experience without any expensive customizations. We help business users and admins implement the solution while providing online and in-person training. Business admins can manage the application configurations without relying on vendor or technical resources, thereby reducing the total cost of ownership,” says COO, Matt Patel.

For the future, the company aims to further disrupt the contract management landscape with its experienced core team and tight collaboration with customers. Malbek’s Board of Advisors is comprised of industry veterans with a wealth of experience in contract management across various industries. Malbek’s inspiring work culture promotes creativity, innovation, and out-of-the-box thinking, driving exceptional customer experiences for successful business outcomes.

Malbek

News

Malbek Announces Inaugural In-Person User Conference, Envision 2024 Featuring Packed Agenda and Star Keynote, Kenny Aronoff

Monday, July 29, 2024

Nasvhille, TN, -- Malbek, a leading provider of contract lifecycle management (CLM) solutions, is thrilled to announce its annual user conference, Malbek Envision, to be held October 9-11, 2024, at The Westin Downtown Nashville. This marks the company's first in-person user conference, continuing the success of their virtual user conferences.

CLM leaders and practitioners from visionary enterprise brands will gather to gain valuable insights and expand their skills across CLM solution areas through inspirational case studies. The Envision agenda includes tailored tracks to resonate with every attendee:

• Admin Rockstars: Tailored for administrators, this track will provide in-depth sessions and masterclasses to enhance expertise in the Malbek platform, helping you streamline operations and maximize efficiency.

• User Jams: Dive into advanced time-saving techniques and efficiencies, empowering you to deepen your knowledge and drive greater productivity within your organization.

• Mix Tape: Designed for new and potential customers, as well as general users, these sessions will offer practical tips, hands-on workshops, and strategies to accelerate your Malbek journey and optimize your contracting processes.

"Envision 2024 marks a pivotal moment for the Malbek community and is set to be our most dynamic and engaging conference yet,” said Ed Breault, Chief Marketing Officer at Malbek. “As our community continues to grow, we are excited to bring everyone together in Nashville to share knowledge, foster connections, and explore the future of CLM in an inspiring, in-person setting."

The Envision conference will also offer attendees a unique Solutions Lounge opportunity to experience capability demos, explore use cases, and meet 1:1 with various Malbek thought leaders, executives, Customer Success, and Product team members. This will be the heart of the event giving attendees a unique opportunity to receive in-person tailored guidance, craft workflows with an expert in-person, or even fine-tune templates that align seamlessly with your unique CLM requirements.

Malbek has secured Kenny Aronoff, one of the world’s most influential and in-demand drummers and speakers, to provide a keynote at Envision 2024. Known for his powerful and versatile sound, Kenny has played with music legends including Elton John, Bob Dylan, Celine Dion, John Fogerty, John Mellencamp, Avril Lavigne, Lady Gaga, and The Smashing Pumpkins. Rolling Stone Magazine named him one of the “100 Greatest Drummers of All Time,” and Modern Drummer Magazine recognized him as the #1 Pop, Rock, and Studio Drummer. His extraordinary career spans over four decades, during which he has contributed to more than 60 Grammy-nominated or awarded recordings and over 1,300 RIAA-certified Gold, Platinum, or Diamond records.

"I’m thrilled to be headlining Malbek Envision in Nashville,” said Kenny Arnoff. “This is such an incredible opportunity to share my journey and lessons learned in the past four decades. Get ready to rock your CLM — achieving success, teamwork, and leadership!”

Kenny's keynote will draw from his extensive experience in the music industry, sharing insights and inspiring attendees with his engaging and energetic message, demonstrating how to achieve success and maintain excellence.


20 Most Promising Enterprise Contract Management Solution Providers - 2018

Company
Malbek

Headquarters
NJ, CA, India

Management
Hemanth Puttaswamy, CEO and Co-Founder and Matt Patel, COO and Co-Founder

Description
Malbek is transforming the revenue-critical space of enterprise quotes & contracts with a comprehensive CLM solution in the cloud, offering a user experience as simple as using an ATM, accelerating contract effectiveness and profitability through powerful insights that helps you Speed the Green™!

20 Most Promising Enterprise Contract Management Solution Providers - 2018

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