SAN MATEO, Calif.--(BUSINESS WIRE)--Conga, the global leader in commercial operations transformation, today announced it has been recognized and positioned by Gartner as a Leader in the “Magic Quadrant for Contract Life Cycle Management (CLM).” Conga was one of 15 vendors evaluated in the second-ever CLM Magic Quadrant report.
Conga believes we achieved this position based on our strong overall capabilities, significant investment in customer experience and value added from our full product portfolio including Revenue Operations & Business Document Automation. Furthermore, Conga’s recognition as a Leader further solidifies its ability to address all business use cases and varying complexities, including support for both small- and mid-market businesses in addition to enterprises.
Conga’s digital document capabilities – including Conga CLM – help organizations of all sizes transform their commercial operations by simplifying and automating their approach to the essential quotes, contracts and documents that drive commerce. Conga CLM enables organizations and their legal teams to reinvent their approach to contract management to thrive in today’s fast-paced digital world. It harnesses AI and machine learning paired with intuitive conversational user interfaces to help organizations move contract cycles – and ultimately close deals and secure revenue – faster.
In the report, Garter explains that “CLM appeals to companies of all sizes in all industries. Implementing it can lead to significant improvements in revenue management, cost savings and efficiency. Understanding and automating CLM can also limit an organization’s liability and increase its compliance with legal requirements.”
“At Conga, we are successful when our customers are successful. We are dedicated to being a true partner in helping our clients transform their commercial operations,” said Chris Bishop, Conga’s Chief Customer Officer. “We believe, this recognition by Gartner is a strong testament to the success of our more than 900 CLM customers who entrust our people, expertise and technology to redefine contract management with Conga.”
For more information about Conga CLM, visit: https://conga.com/products/manage-contracts
To download a complimentary copy of the full report, visit https://conga.com/gartner-clm-magic-quadrant-report.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Conga, the global leader in commercial operations transformation, helps businesses simplify and automate their approach to the essential quotes, contracts, and documents that drive commerce. We help our customers become more agile, so they can adapt quickly to change and create a fluid, connected customer experience. Companies choose Conga for the most comprehensive solution set in the market and expert guidance, enabling them to transform the processes and documents surrounding customer engagement, configure price quote (CPQ), contract lifecycle management (CLM), and the complete commercial operations lifecycle. With Conga, businesses evolve their commercial operations to streamline their revenue processes and derive the meaningful insights that lead to sustained growth.
Gartner, Magic Quadrant for Contract Life Cycle Management, Kaitlynn Sommers, Marko Sillanpaa, Jim Murphy, Patrick Connaughton, May10 2021