Ironclad has been selected as a 2020 Forrester Now Tech vendor in contract lifecycle management (CLM).
Forrester is the leading analyst in CLM and one of the three largest technology analysts in the world. Andrew Bartels, Vice President and Principal Analyst at Forrester and lead analyst for the Now Tech report, recognized Ironclad as a select vendor in the midsize category based on its market presence and functionality.
Bartels specifically recognized Ironclad for its “advanced analytics” and appeal to “the broadest range of stakeholders” as a solution that covers all contract types.
“Contract lifecycle management software has become the primary mechanism for many companies to create, execute, and manage their contractual relationships with counterparties.” —2020 Forrester Now Tech Report
“Demand for CLM solutions continues to grow,” Bartels noted. According to the report, the key benefits of CLM are the abilities to consolidate and understand existing contracts, create and negotiate new contracts, and link contracts to other related applications.
Ironclad’s Dynamic Repository creates a single source of truth for existing contracts that is intelligent and intuitive to use, while the Workflow Designer powers more efficient creation and negotiation of new contracts. Further, Ironclad’s native integrations with applications such as Salesforce and Adobe Sign help create an end-to-end ecosystem for contracts.
“Advanced analytics is a differentiator for vendors like […] Ironclad,” the report noted.
Have questions about the Forrester report or contract lifecycle management? Ask for a demo of Ironclad.
More about Ironclad
Ironclad is the leading digital contracting platform for legal teams. By streamlining contract workflows, from creation and approvals to compliance and insights, Ironclad frees legal to be the strategic advisors they’re meant to be. Ironclad is used by modern General Counsels and their teams at companies like Dropbox, AppDynamics and Fitbit to unlock the power of their contracts data. Ironclad was named one of the 20 Rising Stars as part of the Forbes 2019 Cloud 100 list, the definitive list of the top 100 private cloud companies in the world. The company is backed by investors like Accel, Sequoia, Y Combinator and Emergence Capital. To learn more, visit our homepage.
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