Ironclad Named a Leader in the The Forrester Wave™: CLM, Q2 2023

June 1, 2023 2 min read

Outdated processes have long shackled contracts, the hidden drivers of business success, slowing down innovation and stifling growth. But the contract lifecycle management (CLM) space is quickly catching up, with the proliferation of digital contracting tech and the emergence of entirely new legal-based industries (shoutout, legal ops!) As a result, CLM vendor differentiation and evaluation is harder than ever. 

That’s why we’re thrilled to announce that Ironclad has been positioned in the Leaders category of the Forrester Wave™: Contract Lifecycle Management, Q2 2023. This report identifies and evaluates contract lifecycle management (CLM) vendors against a set of 26 rigorous criteria to help businesses and their IT decision makers select the best CLM suited to their specific needs. This year, the Forrester team identified 13 different vendors, with Ironclad amongst the vendors ranked as leaders 

How does Ironclad stack up? 

The prestigious report noted Ironclad’s commitment to product innovation—AI Assist, anyone?–, and fast bulk contract digitization capabilities with reference customers praising Ironclad’s ability to “manage high volume in less time with fewer people” and recognizing Ironclad’s contract negotiation and routing. The report also cited Ironclad’s network of integrations, with partners like OneTrust that integrate deeply with Ironclad to meet users in the tools they’re already working in. Per the Forrester report, “Companies in high-innovation industries or those with a large digital footprint should consider Ironclad.” 

This report also comes at a time when the pace of innovation at Ironclad–especially in the AI space–is only accelerating, a fact it notes is evidenced by Ironclad’s product roadmap and frequent product updates. 

Building the Future of CLM 

To hear Jason Boehmig, CEO and co-founder of Ironclad tell it, “contracts are the most important, unsolved opportunity for modern businesses. Rather than merely fix a broken process, we took an entirely different approach by introducing the digital contract – transforming them from a blocker to an accelerant. We believe being named a Leader in the Forrester Wave is an honor and a testament to the hard work our team puts in for our customers day in, and day out.” We couldn’t agree more, and we’re just getting started. 

Click here to see the full The Forrester Wave™: Contract Lifecycle Management, Q2 2023, and to learn more about how Ironclad can transform your contracting processes, request a demo today. 

About Ironclad

Ironclad is the #1 contract lifecycle management platform for innovative companies, powering billions of contracts every year. Salesforce, L’Oréal, OpenAI and other leading innovators use Ironclad to collaborate and negotiate on contracts, accelerate contracting while maintaining compliance, and turn contracts into critical carriers of operational business intelligence. It’s the only platform flexible enough to handle every type of contract workflow, whether a sales agreement, an HR agreement or a complex NDA. In 2023, Ironclad was named a Leader in the Forrester Wave for Contract Lifecycle Management, as well as named to the Forbes AI 50 2023 list and a Top Company to Bet Your Career On by Business Insider.

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