20 Most Promising Enterprise Contract Management Solution Providers - 2016
With shrinking time-to-market cycles, increased M&A activity, and the persistent challenges of governance, risk, and compliance measures have mandated the need for organizations to have a sharpened oversight of their contract management processes. Additionally, higher volumes of contracts and manual processes in combination with budget constraints in enterprises today necessitate the adoption of enterprise contract management (ECM) solutions.
Enterprises investing in contract management software can leverage it to proactively and efficiently manage their contract documents and data. The end-to-end contract automation tools proffered by the ECM solutions vendors today encompasses contact creation, tracking and compliance in addition to a marked reduction in manual and ad-hoc processes. Contract Lifecycle Management platforms are designed to help enterprises acquire a 360-degree view of their enterprise contracts along with real-time insights of their contracting risks and opportunities. With a wide array of solutions to choose from, the CIO often find it tough to zero in on the right fit. To address their requirements, CIOReview presents “20 Most Promising Enterprise Contract Management Solution Providers 2016.”
A distinguished panel comprising of CEOs, CIOs, VCs, analysts, and our editorial board have compiled this list of top contract management solution providers. Through this issue we have tried to provide an elaborate look into how the ECM vendors provide solutions to equip enterprises with setting benchmarks in a hypercompetitive marketplace.
In our selection process, we looked at the vendor’s capability to provide cost-effective and flexible solutions that add value to the contract management services landscape. We present to you 20 Most Promising Enterprise Contract Management Solution Providers 2016.