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.
Ironclad is the #1 contract lifecycle management platform for innovative companies. L’Oréal, Staples, Mastercard, 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. The company was named one of the 20 Rising Stars on the Forbes 2019 Cloud 100 list, and is backed by leading investors like Accel, Y Combinator, Sequoia, and BOND. For more information, visit www.ironcladapp.com or follow us on LinkedIn and Twitter.
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