Contract life-cycle Management Software Market growing at a CAGR of 13.59%

(I-SoftwareNews.Com, February 28, 2018 ) Contract life cycle management software enables the organization to manage the life cycle of the contracts created or governed by the company. These include third-party contracts such as procurement, sales, leasing, outsourcing, intellectual property, facilities management, nondisclosure, and other licensing and agreements containing contractual obligations. Contract life cycle management encompasses all processes related to the contractual agreement from initial request through contract discovery, execution, approval, order tracking, authoring, negotiation, valuation, compliance management, auditing, reporting, and dispute management.
Publisher's analysts forecast the global contract life-cycle management market to grow at a CAGR of 13.59% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global contract life-cycle management market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sale of contract life cycle management software license, maintenance and support, installation, customization, and training.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

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Key vendors:
- Apttus
- CLM Matrix
- IBM Emptoris
- Icertis
- SAP

Other prominent vendors:
- BravoSolution
- Contracked
- Contract Logix
- Coupa Software
- Determine
- EASY SOFTWARE
- ESM Solutions
- Great Minds Software
- Infor
- Ivalua
- Optimus BT
- Oracle
- Symfact
- SpringCM
- Newgen Software
- Zycus

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Market Driver:
- Pricing strategies of vendors
- For a full, detailed list, view our report

Market Challenge:
- High implementation and maintenance cost
- For a full, detailed list, view our report

Market Trend:
- Emergence of analytics in contract life cycle management
- For a full, detailed list, view our report

Complete Report is Available at http://www.reportsweb.com/global-contract-life-cycle-management-software-market-2017-2021

Key questions answered in this report:
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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Contract life-cycle Management Software Market growing at a CAGR of 13.59%