This marks the second time Conga has been named a Leader in the IDC MarketScape report for this market.
Conga, the global leader in Revenue Lifecycle Management solutions, announced it has been named a Leader in the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Buy-Side Contract Lifecycle Management 2023 Vendor Assessment (doc #US48785822, March 2023). This marks the second time Conga has been named a Leader in the IDC MarketScape report for this market.
The IDC MarketScape analyzed 14 companies in the market based on vendors’ contract lifecycle management applications from the buy-side perspective. According to the report, “Conga clients enjoy marked improvements in improved, faster contract processing coupled with increased contract compliance. The Conga contract management solution provides strong efficiency gains — less effort and time required to execute contract-related processes — and risk mitigation in the contracting process.”
Conga CLM has proven to be an effective platform for helping businesses successfully achieve their goals through efficiency, compliance, and strategic insights making it a leader in enterprise-grade contract management solutions
“As digitization continues to grow globally, more companies seek robust CLM technology with enhanced capabilities to maximize operational and financial performance while reducing risk and ensuring organizational compliance,” said Patrick Reymann, IDC Research Director, Procurement and Enterprise Apps. “Conga CLM has proven to be an effective platform for helping businesses successfully achieve their goals through efficiency, compliance, and strategic insights making it a leader in enterprise-grade contract management solutions.”
Conga’s CLM solution helps businesses transform unique complexities for contract management by simplifying and automating contract processes across departments. Through real-time collaboration and tracking, businesses of all sizes can mitigate risk and close deals faster during the contract negotiation and execution phase of revenue lifecycle management. Conga CLM is an end-to-end contract lifecycle management solution built to automate complex processes, including the ability to manage buy- and sell-side contracts across geographies and departments. It empowers everyone involved in the process, increases visibility, and enforces compliance while maximizing revenue potential.
“Businesses increasingly understand the importance of standardizing and streamlining workflows to create efficiencies through centralized technology solutions. Conga CLM was built to help businesses save time and close deals faster through end-to-end optimization, while improving compliance and visibility,” said Noel Goggin, CEO and Culture Leader at Conga. “We’re honored to be named as a Leader in this report and for further recognition of the Conga CLM platform. This achievement is a testament to our commitment to continuously drive innovation and customer satisfaction.”
Read More: Ironclad Named A Leader In The IDC MarketScape On Buy-Side Contract Life-Cycle Management
