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.

Marketing Technology News: Critical Event Management (CEM) Leader Everbridge Completes Acquisition of xMatters to Accelerate…

“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.”

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.

Marketing Technology News: MarTech Interview with Lee Firestone, CEO at OpenReel

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.”

Marketing Technology News: BigID Offers Big Data Leadership Training at Summer School for CDOs