Redwood City , CA – November 12th, 2014 – Ivalua has been recognized as a prominent contract life-cycle management (CLM) vendor by Forrester Research, Inc. in its Market Overview: Contract Life-Cycle Management, 2014 report.
According to the September 2014 report, “This vendor [Ivalua] has developed a spend management suite that includes a true CLM product and that has over 50 clients.”
Ivalua is listed among 14 CLM vendors profiled in the report, which were included to help steer the reader towards those vendors that are most likely to offer a CLM solution that fits their needs, industry profile, and deployment preferences. Today, CLM products handle all stages of the contract life cycle, integrate with other software products and fit clients’ deployment preferences. This includes integration of the CLM database into sell-side and buy-side applications that use contract details during B2B sales or services transactions.
“It’s an honor for us to be named a prominent CLM vendor by Forrester. At Ivalua, everything we do is focused on creating easy-to-use tools that enable our customers to simplify complex tasks. The Ivalua Contract Management solution is a perfect example of that paradigm. We have taken a complex and sometimes cumbersome task, with many moving parts and substantial legal and financial impact, and made it easier, faster and more transparent to all parties involved,” said Dan Amzallag, CEO of Ivalua Inc.
The Ivalua Contract Management module provides a clear and structured framework that brings together all contracts into a single place, offering innovative functionality from the drafting and collaborative authoring of contracts to the post-execution amendment and compliance management process. It can also be integrated into other functionality within Ivalua’s integrated suite, such as the supplier database, product catalogs (eProcurement), and the eSourcing process.
Ivalua Contract Management is available as a standalone module, or as part of the Ivalua suite.