As I’ve been looking for out-of-the-box solutions that heavily rely on content, I’ve come to realize that these Back Office Content Solutions are everywhere. When I started this research I didn’t know how many solutions to expect and how prolific these solutions were. My real surprise was in human services benefits administration, the poster child... Continue Reading →
Will ECM vendors catch up to Back Office Content Solutions?
Back in March I was already telling the ECM industry that they were not alone. I was researching a trend where I thought vendors were emerging that offered out-of-the-box back office content solutions that were being sold directly to business users. I expected to find a few examples in each content-rich core business areas. What... Continue Reading →
It’s Not Just Customers that Buy the CLM Vision
As I dig deeper into Contract Life Cycle Management, I’m finding a lot of interesting tidbits. I already said that I was surprised by how large the market is already. My next big shock is that it’s not only customers that are buying CLM but the investment community as well. Apttus Apttus has a CLM... Continue Reading →
Contract Life Cycle Management with Information Governance
Out-of-the-box CLM solutions often meet corporate counsel’s needs more efficiently than building a custom CLM solution on an Enterprise Content Management (ECM) platform. What ECM platforms offer that the CLM vendors miss is Information Governance. Information Governance is an accountability framework to ensure proper handling of both documents and information within an organization to meet... Continue Reading →
Building a Custom Contract Life Cycle Management Solution on ECM
I’ve been researching the Contract Life Cycle Management (CLM) ecosystem which has started to overlap the Enterprise Content Management (ECM) ecosystem. In yesterday’s post, I grouped the CLM vendors into three categories based on the level of their out of the box functionality. But I really can’t give a perspective on CLM without addressing a... Continue Reading →
Novatus Contracts acquired by Cogna
Today Cogna announced several acquisitions that included Contract Life Cycle Management vendor, Novatus Contracts. Prior to the acquisition, Cogna provided generate and access contracts from inside Salesforce. The acquisition of Novatus Contracts adds these new capabilities: Contract drafting from template and clause library Review and approval workflows Contract records retention and Negotiation portal, that allows for... Continue Reading →
CLM Vendors in your mirror are closer than they appear
Contract Life Cycle Management (CLM) is one of the ecosystems where the lines between what that business solution solves and Enterprise Content Management (ECM) can solve are blurring. I spent the last few months researching the CLM industry from the view of ECM. What I’ve learned is that an entire CLM ecosystem has evolved independent... Continue Reading →
Contract Management is a Convoluted Landscape
Over the past few months I’ve been talking about how Enterprise Content Management is a platform and that the ECM landscape is changing. I’ve been noticing this trend where “new” to me vendors have been popping up on my radar. At first glance, I labeled each one as a niche vendor. As new names came... Continue Reading →
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