Gartner defines contract life cycle management (CLM) market as a solution that proactively manages contracts from initiation through negotiation, execution, compliance and renewal. In this context, a contract is any agreement or contractual document containing rights and obligations that affect an organization now or in the future (e.g., a nondisclosure agreement).
CLM solutions allow organizations to create, negotiate and store contracts in a centralized repository. Using these solutions helps mitigate organizational risk by enabling regulatory and policy compliance, providing governance over what is signed and with whom, and role-based access to terms and obligations with third parties. CLM solutions drive visibility, consistency and efficiency in the contracting process across an enterprise. Use cases are primarily aligned to parts of the process, such as presignature and postsignature. Different departments often prioritize a certain use case based on their involvement in the contracting process.
Ironclad CLM is designed to optimize the entire contracting process, across all teams and contract types. Ironclad combines ease of use, granular controls, a Salesforce integration, native e-Signature, along with highly adopted AI features. Ironclad helps legal and procurement teams improve their efficiency, handle increased contract volume and complexity, reduce review time, lower costs, manage renewals and obligations, and accelerate contract completion. The sales organizations of many global enterprises rely on Ironclad’s Salesforce integration, which features multi-org support, two-way data sync and an easy setup process.
Sirion’s an AI-native contract lifecycle management (CLM) platform, built on an agentic architecture, caters to all three phases: Store, Create, and Manage.
In the Store phase, Sirion leverages the Extraction agent to minutely extract structured data from legacy and third-party contracts — forming the foundational data and semantic layer for other agents, like AskSirion, to operationalize.
In the Create phase, users can leverage the Draft agent over a conversational interface to create contracts while the Issue Detection and Redline agents identify, score, and remediate risks surgically with references to positions defined in the enterprise playbook.
In the Manage phase, the Obligation agents track obligations, monitor compliance, and trigger performance escalations, while the Invoice agent helps reconcile invoices against contract terms, preventing value leakage.
Sirion ensures agents act within governed boundaries — autonomously when safe, and with human oversight where needed.
Conga CLM is a contract lifecycle management software designed to streamline and automate the process of creating, negotiating, executing, and managing contracts within organizations. The software provides a centralized platform to store and organize all contract documents and helps ensure compliance by offering features such as clause management, version control, workflow automation, and e-signature integration. Conga CLM supports collaboration among stakeholders, enables contract alerts and monitoring of key dates, and offers reporting and analytics tools to optimize contract performance and mitigate risks. The software addresses challenges related to manual contract handling, inefficient approval processes, and lack of visibility into contractual obligations throughout the contract lifecycle.
LinkSquares CLM is contract lifecycle management software that assists organizations in managing the entire process of contract creation, execution, and analysis. The software enables users to draft, negotiate, approve, e-sign, and store contracts in a centralized repository. It provides visibility into contract terms, obligations, and key dates, supports search and reporting functionalities, and integrates with various business platforms to promote collaboration between legal and business teams. LinkSquares CLM addresses the business challenge of maintaining compliance, reducing manual workflows, and minimizing risks associated with contract management by automating tasks and offering insights into contractual agreements throughout their lifecycle.
Docusign CLM is a software designed to manage the entire contract lifecycle for businesses, enabling organizations to automate and streamline contract processes. The software provides tools for creating, editing, negotiating, and approving contracts electronically, with features that support version control, workflow automation, document generation, and collaboration across teams. Docusign CLM facilitates compliance through configurable approval routes and audit trails, and integrates with other business systems to support seamless data exchange. By centralizing contract data, the software addresses challenges related to manual tracking, risk management, and process inefficiencies, helping organizations maintain greater visibility and control over their agreements.
Icertis Contract Intelligence is a software designed to manage, analyze, and automate the entire contract lifecycle for organizations. The software provides functionality for contract authoring, negotiation, execution, and renewal, offering configurable workflows and collaboration tools to streamline contract processes. By integrating with enterprise systems and leveraging artificial intelligence and analytics, the software enables users to extract insights and monitor compliance, obligations, and risks associated with contracts. The solution addresses the business problem of inefficient contract management by helping organizations reduce errors, improve visibility, and ensure adherence to policies, thus supporting operational efficiency and governance across procurement, sales, legal, and other business functions.
Leah Agentic CLM unifies the entire contract lifecycle into one intelligent solution bringing together AI-powered authoring, automated workflows, advanced search, dynamic analytics, smart repository management, and conversational legal assistance.
Teams gain end-to-end visibility, faster creation and review cycles, structured governance, and real-time insights. With integrated dashboards, automated redlining, intelligent task management, and centralized data, organizations work more efficiently, reduce risk, and make decisions with clarity and confidence.
Agiloft CLM Platform is a software designed to automate and manage the lifecycle of contracts from creation through execution and renewal. The software offers features such as contract authoring, negotiation, approval workflows, and document management. It provides tools for tracking obligations, compliance, and milestones while enabling secure collaboration across stakeholders. Agiloft CLM Platform allows integration with existing enterprise systems to streamline processes and reduce manual effort. The software addresses business challenges related to contract visibility, risk mitigation, and adherence to regulatory requirements by centralizing contract data and offering customizable reporting and analytics.
Coupa is a software designed for business spend management, enabling organizations to control and optimize procurement, invoicing, and expenses. The software provides modules for sourcing, contract management, supplier collaboration, and analytics to help monitor and manage financial operations. Through its cloud-based platform, users can automate purchasing workflows, enforce compliance with policies, and gain visibility into spend data. Coupa addresses challenges such as manual processing, lack of spend control, and limited insight into supplier performance, supporting businesses in improving efficiency and reducing costs associated with unmanaged spending.
Workday Contract Lifecycle Management (CLM), powered by Evisort AI, streamlines the entire contract process, boosting visibility and efficiency. This AI-native solution helps organizations get deals done faster, supercharging workflows from intake and drafting to redlining, approvals, signing, and analytics. Our Contract Negotiation Agent increases agility, drives growth, and keeps businesses competitive.
Workday CLM includes Workday Contract Intelligence, also powered by Evisort AI, for deep analytics and total visibility into contracts and related documents – transforming challenges into opportunities by structuring valuable contract data. With out-of-the-box and custom term extractions, customers reduce review projects from months to minutes and automate contract data tracking. With the "Ask AI" conversational experience, users can "ask anything" in natural language for clear answers, and "track everything" by creating custom AI models to track contract data points in perpetuity.
GEP SMART is a procurement software designed to support source-to-pay operations for businesses. The software offers functionalities such as sourcing, contract management, supplier management, procurement, and savings tracking within a unified platform. GEP SMART helps organizations streamline the procurement process by automating workflows, enabling centralized management of suppliers and contracts, and providing analytical tools for spend analysis and reporting. The software addresses business challenges including improving procurement efficiency, increasing compliance, enhancing supplier collaboration, and optimizing procurement costs through better visibility and control over procurement activities.
JAGGAER Contract Management software facilitates the creation, negotiation, execution, and monitoring of contracts throughout their lifecycle. The software offers tools for document management, version control, clause library, electronic signatures, and automated alerts for key dates and obligations. It enables organizations to minimize risks associated with non-compliance, improve efficiency in contract handling, and gain visibility into contractual commitments. By centralizing contract data, the software assists businesses in maintaining audit trails, ensuring adherence to internal policies and external regulations, and optimizing supplier relationships. The solution addresses the need for consistent contract governance and streamlines processes associated with procurement, sales, and legal agreements.
Trusted by industry leaders across diverse sectors, smartContract CLM is a Contract Lifecycle Management solution that powers quicker negotiations, increased compliance, seamless automation, and informed decision-making with advanced AI-powered business insights, delivering enhanced productivity and efficiency across the organization.
Gatekeeper Platform is a software designed to assist organizations in managing contracts, suppliers, and procurement processes. The software provides tools for storing, tracking, and analyzing contract data, automating workflow approvals, and facilitating compliance with internal policies and external regulations. Gatekeeper Platform aims to improve visibility and control over supplier relationships, helps users monitor key dates and obligations, and supports secure document management and collaboration across teams. The software also offers reporting and analytics features to support decision-making related to contract renewals, risks, and spend management. Gatekeeper Platform contributes to streamlining contract lifecycle processes and mitigating business risks associated with supplier and contract management.
Malbek CLM is a contract lifecycle management software that automates and streamlines the creation, negotiation, execution, and management of contracts for organizations. The software provides features such as centralized repository, workflow automation, clause library, version control, and configurable reporting. Designed to address challenges in contract visibility, compliance, and process efficiency, the software enables users to manage contracts from request to renewal while maintaining audit trails and reducing manual interventions. Malbek CLM also integrates with various enterprise systems to provide contract data connectivity and improve collaboration across departments. Its capabilities support better risk mitigation and enable organizations to optimize their contract processes.
CobbleStone Contract Insight is a contract management software designed to assist organizations in automating the creation, negotiation, execution, and monitoring of contracts. The software provides features such as document management, workflow automation, electronic signatures, compliance tracking, reporting, and analytics. CobbleStone Contract Insight enables centralized storage of contracts, facilitates configurable approval processes, and supports contract lifecycle management to streamline operations and reduce manual effort. The software addresses business problems related to contract visibility, obligation management, risk mitigation, and administrative inefficiencies, supporting organizations in maintaining adherence to policies and regulatory requirements.
Zycus Source to Pay Suite is a software designed to streamline and automate procurement and accounts payable processes for organizations. It offers modules for spend analysis, supplier management, sourcing, contract management, procurement, and invoice management. The software provides tools for managing supplier information, facilitating electronic sourcing events, controlling contract lifecycles, automating procurement workflows, and processing invoices. Zycus Source to Pay Suite aims to improve operational efficiency, enhance compliance, and provide visibility into spending across an enterprise, thus addressing challenges related to manual procurement processes, data accuracy, supplier risk, and cost control.
SpotDraft is a software designed to streamline and automate contract management for businesses. The software provides features for drafting, reviewing, approving, and storing contracts in a secure, centralized repository. It facilitates collaboration among legal, finance, and business teams, helping to reduce manual effort and minimize risks associated with contract handling. SpotDraft offers capabilities such as customizable templates, workflow automation, e-signature integration, and auditing tools that enable tracking of contract versions and key dates. By automating repetitive tasks and providing visibility into contract lifecycles, the software supports compliance and operational efficiency for organizations seeking to improve their contract management processes.
Oneflow is a software designed to streamline and automate contract management processes across various business functions. The software enables users to create, collaborate, edit, sign, and manage digital contracts within a unified platform. It provides features such as document automation, real-time editing, e-signature capabilities, template management, workflow approvals, and integration options with other business systems. Oneflow aims to reduce manual interventions and administrative effort associated with traditional contract workflows. The software addresses challenges related to version control, compliance, and document tracking by centralizing contract-related activities and offering audit trails. It is used by organizations seeking to enhance operational efficiency, improve the accuracy of documentation, and accelerate contract lifecycles.
SAP Ariba Contracts is a software designed to manage the entire contract lifecycle, from creation and negotiation to execution and renewal. The software enables organizations to standardize contracting processes, improve compliance, and mitigate risks by providing centralized storage, version control, and audit trails. It supports collaboration among stakeholders, automates approval workflows, and integrates with procurement and spend management functions. SAP Ariba Contracts addresses the business problem of manual and fragmented contract management by streamlining contract administration, enabling visibility into contractual obligations, and supporting consistent enforcement of terms and policies across the organization.
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Features of Contract Life Cycle Management
Updated December 2025
Mandatory Features:
Request a contract
Create a contract
Manage the negotiation and approval workflow
Store contracts
Report on contracts (e.g., metadata, obligation and compliance management)
Search contracts
Update or renew a contract
Peer Lessons Learned for Contract Life Cycle Management
Published June 2025
These lessons focuses on the responses to the questions: “If you could start over, what would your organization do differently?” and “What one piece of advice would you give other prospective customers?”