Historically, contract lifecycle management (CLM) vendors have provided narrow solutions to support only one of two sides of a business: Either for procurement teams that manage contracts with suppliers and are typically integrated with back-office systems of record like enterprise resource planning; or for the sell-side, focusing on sales agreements and working with front-office systems of record like customer relationship management systems.
BrandPost: The Time Has Come for Enterprise-wide Contract Lifecycle Management
Historically, contract lifecycle management (CLM) vendors have provided narrow solutions to support only one of two sides of a business: Either for procurement teams that manage contracts with suppliers and are typically integrated with back-office systems of record like enterprise resource planning; or for the sell-side, focusing on sales agreements and working with front-office systems of record like customer relationship management systems.