20 Most Promising Enterprise Contract Management Solution Providers 2017

As organizations search in vain for the next game-changing strategy to boost their finances, a potentially lucrative source of profit and revenue is already staring many companies in the face. The fact is that failure to manage commercial contracts professionally is costing organizations billions of dollars worldwide every year. Conversely, adopting an Enterprise Contract Management (ECM) strategy can generate substantial revenues and cost savings, and minimize business risk.

When it comes to attaining business goals, effective customer, supplier and business contracts are crucial. From creating revenue to implementing compliance and attenuating risk, the process of ECM is a challenge tackled by legal and business executives. There is numerous solution providers offering structured profitable ECM solutions geared for the smooth functioning of efficient contracting process that increases visibility and enforce compliance. The variety of technologies such as cloud providing platforms enables companies to resort to softwares that help in delivering efficient enterprise contract management.

As the ECM arena gets flooded with myriad solutions, zeroing in on the apt solution remains an uphill task for a CIO. To tread on the right path, CIOReview has become the torch bearer in the Enterprise Contract Management landscape. In the last few months, we have analyzed a host of technology vendors in the Enterprise Contract Management solutions arena and shortlisted the ones that are at the forefront of providing value added solutions. In our selection, we looked at the vendor’s capability to fulfill business mission and requirements while providing the right expertise to address the varied and complex needs of several industries.

We present you the 20 Most Promising Enterprise Contract Management Solution Providers - 2017.

Company Name

Company Description

Agiloft Provides contract management suite to automate the complete contract lifecycle, streamline and integrate contract information into related business processes
Apttus Maximizes the entire revenue operation by streamlining and improving business processes
ASC Networks Inc Provides web-based enterprise management solutions which allows automated document creation and a searchable repository or database
Asentex Provides a cloud-based and on-premise enterprise contract management solution that streamline current processes for various industries
Brightleaf Provides semantic intelligent/AI/NLP technology assisted service to deliver end-to-end, highly accurate, extracted data from contracts
CLM Matrix Provides contract lifecycle management software which helps to reduce risk and costs while increasing revenues and vastly improving productivity
CobbleStone Systems Corp Provides leading contract lifecycle management software to manage sales contracts, procurement contracts, vendor contracts, and more
Computershare Offers a centralized, electronic solution for companies to achieve global compliance and increase transparency
Conga Provides an enterprise-grade contract lifecycle management solution to administer all aspects of the contract lifecycle, manage the business processes and workflows around contracts, and eliminate risks
Contract Logix Provides contract lifecycle management solutions that are purpose-built to address all phases of contract management from authoring to postexecution
cSubs cSubs provides web-based information management services for corporate and institutional clients
Eclipse Provider of enterprise document design, presentation, generation, automation and customer communication management software
Icertis Provides cloud-based contract lifecycle management that helps to transform contracts into strategic business assets
iContracts Provider of cloud-based contract, compliance and revenue management solutions for a multiple industries
Ivalua Offers cloud-based software with highly configurable functionality across all major procurement and finance processes
Maginox A cloud-based project and contract management software solution for the architectural, engineering and construction (A/E/C) industry
OpenSource Inc. Provides secure, high-performance cloud (SaaS) based contract management solutions that helps to manage contracts from inception to archive
Optimus BT A provider of enterprise software for contract management that works with SharePoint and Office 365 to improve business outcomes
Sirma Group Delivers a platform that leverages semantic technology to aggregate contract data and integrates with third-party applications
VORTAL Offers a collaborative contract management solution which helps its users to effortlessly manage the entire lifecycle of a contract