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 experienced 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.
What is Contract Management?
Contract Lifecycle Management (CLM) is the process of strategically managing and leveraging the entire lifespan of legally binding agreements between two or more parties within a business context. CLM tools are evolving rapidly. Not long ago, CLM software described a relatively simple system for document management and e-signature. Today, mature CLM solutions employ AI/ML data capture capabilities to turn the contract management process into an intelligent, real-time system of record. For more about the evolution of CLM software, read The Six Stages of CLM Maturity.
What are MGI Use Case Notes™?
The MGI Use Case Note™ describes the ideal customer profile (ICP) for a given solution. It helps prospective buyers understand a product’s “best fit” by identifying its customers:
- size
- business models
- selling regions
- tech ecosystems
- sales channels
- primary verticals
- and more
The aim is to help interested parties quickly and confidently narrow the list of suppliers that could meet a particular use case. It is not intended to describe the entire range of possible use cases, nor is it an in-depth analysis of the supplier or solution. (For in-depth analysis of a solution, see MGI 360 Ratings™.) See a sample Use Case Note here.
Get the report to see Conga CLM’s ideal customer profile:
