Top 20 Enterprise Contract Management Companies - 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.