The contract management market is crowded and fragmented. Solutions often look alike on the surface but address very different use cases and buyer personas. MGI MarketLens™ reports cut through the confusion by mapping suppliers against two critical dimensions at a time, helping buyers, investors, and partners see where products align relative to core requirements.
This MarketLens™ Report highlights how leading CLM solutions compare across four perspectives:
- Go-to-Market vs. Solution Strength: How does a supplier’s functional breadth and depth compare to its ability to bring the product to market, scale adoption, and successfully grow its customer base?
- Agility vs. Complexity: How does a CLM solution’s agility compare to its ability to handle complex contracting scenarios?
- Agility vs. Volume: How does a CLM solution’s agility compare to its ability to handle large contract volumes?
- Complexity vs. Volume: How does a CLM solution’s ability to handle complex contracting scenarios compare to its ability to handle large contract volumes?
Why this MarketLens matters
Organizations selecting a CLM solution face a critical choice:
- Short-term tactical need (24–36 months): Focus more on Solution Strength and the Agility/Complexity/Volume lenses.
- Long-term strategic partner: Consider the vendor’s long-term viability and Go-to-Market Strength alongside product depth.
Key takeaways from the CLM MarketLens™
- Icertis, Conga, and Agiloft rank highest across both Solution Strength and Go-to-Market Strength.
- Ironclad leads among MidMarket vendors.
- PandaDoc stands out as the top SMB solution and a leader in Agility.
- DealHub and DocuSign also rank among the most agile.
- Sirion emerges as a top scorer in Volume, joining Icertis, Conga, and Agiloft.
- Notable improvements include Juro, Provakil, Malbek, Sirion, Workday, and ContractPodAi.
Scope of this MarketLens™
This CLM MarketLens is an extract from the MGI Research CLM Top 35 Buyer’s Guide, which includes 21 MGI 360™ Rated vendors and 14 Honorable Mentions. Placement on each chart represents a contract management supplier’s “sweet spot” use case, not absolute maximum performance.
