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Home | Search Global IT News: IT News & Press Release Distribution: Contract Life-Cycle Management Global Market by End User, Trends, Analysis and Forecasts to 2019   (IT-NEWSWIRE.COM, May 16, 2017 ) Traditionally, contracts were documented on paper and presented for any revisions or amendments till the final version was prepared. Lawyers used to review the contracts manually, which was a time consuming and error prone process. With evolution in technology, companies started managing contracts via the electronic media. However, the electronic format of contracts have not enhanced the visibility of the contracts, resulting in poor management of those contracts. With the adoption of CLM software, companies enhanced the visibility of the contracts and, hence, were able to provide timely information to make informed decisions. For more information http://www.reportsweb.com/global-contract-life-cycle-management-market-2015-2019 CLM software allows companies to streamline the contracting process by automating the drafting of contracts. It also helps negotiate, track, manage, and obtain optimal value from buy-side as well as sell-side contracts. Demand for CLM software comes from sectors involving complex contracts, such as the financial services, healthcare, manufacturing, and public sectors. Large enterprises as well as small enterprises in these sectors are adopting CLM software to manage their contracts. Publisher's analysts forecast the global CLM market to grow at a CAGR of 16.35% over the period 2014-2019. Covered in this report The global CLM market is segmented on the basis of products and geography. Publisher's report, Global CLM Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the landscape of the global CLM market and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market. Key vendors - Apttus - CLM Matrix - Exari - IBM Emportis - Oracle - SAP - Selectia Request Sample Copy http://www.reportsweb.com/inquiry&RW0001232160/sample Other prominent vendors - BravoSolution - CMA Contiki - ESM Solutions - GEP - Great Minds Software - Icertis - Ivalua - OpenText - Optimus BT - Prodagio - Revitas - SciQuest - Symfact Market driver - Reduced cycle time and cost savings - For a full, detailed list, view our report Market challenge - Dearth of talent - For a full, detailed list, view our report Market trend - Cloud-based CLM - For a full, detailed list, view our report Make an enquiry: http://www.reportsweb.com/inquiry&RW0001232160/buying ReportsWeb.com Priya Sisodia +1-646-491-9876 sales@reportsweb.com Source: EmailWire.Com Source: EmailWire.com

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