Company Information
HQ
Broomfield, CO
Founded
2006
Market
Contract Lifecycle Management
Solution
Conga CLM
Representative
Customers
Nike, iHeartMedia, Comcast, The World Bank, Google Cloud
Ideal Customer
Profile
B2B/B2C and hybrid midsize to mega organizations with advanced, sell-side, and enterprise-wide contract management requirements
Company Size
Conga CLM is best suited for midsize to mega-size companies ($500 million – $10+ billion).
Business Model
Technology Ecosystem(s)
Conga CLM today is cloud agnostic. Original products were developed in Salesforce and have since been re-written for multi-cloud deployment.
Primary Users
Business
IT
Sales
Procurement
HR
Legal
Conga is an enterprise-wide solution that is often used by Legal, IT, Sales, Procurement, and Business.
Investment Level
The investment needed to implement and run Conga is proportionate to the level of complexity/requirements of the customer. It is not among the commodity offerings in the market.
Agility
The product takes some time to implement but offers advanced functionality once up and running.
Complexity
Conga CLM is ideally suited for highly complex contract management needs. Conga is one of the few products in the CLM market that meets the advanced Stage 5/6 requirements of the Six Stage Maturity Model.
Geographies
North America
Latin America
EU
ME
Africa
Japan
Asia
Australia /NZ
The product handles global companies based in North America, Europe, and Asia.
Orientation of CLM
GC
Legal Ops
Buy Side
Sell Side
Enterprise
The solution is uniquely suited for sell-side and Enterprise needs, but can handle buy-side and general counsel use cases as well.
Top 3 Verticals
Healthcare
Conga CLM is well-suited for the complexity and regulatory requirements of healthcare companies.
Media
Conga has a proven track record with media & entertainment companies.
Financial Services
Financial Services companies are a good fit for this product.
Analyst Notes
Conga is best known for its “Revenue Lifecycle Management” platform, encompassing CLM, CPQ, and other Quote-to-Cash software solutions. Many users will be attracted to the multi-faceted product suite offering. As a standalone, Conga CLM is best suited for companies with greater than $500 million in revenue, looking for advanced features and functionality. The product stands out for its sell-side and enterprise-wide capabilities. With an experience team, the company understands the demands of emerging growth and established global organizations with sophisticated business and legal requirements.
Conga is one of the few companies that meets the Stage 5/6 requirements of the MGI Six Stage CLM Maturity Model.
