Contract Life Cycle Management

Organizations are pursuing cross-functional CLM strategies, leading to new investment or replacement of current CLM solutions that don’t meet their enterprise requirements. Procurement technology leaders can use this research to understand the vendor landscape and select a suitable CLM vendor.

Market Definition

Gartner defines contract life cycle management (CLM) market as a solution that proactively manages contracts from initiation through negotiation, execution, compliance and renewal. In this context, a contract is any agreement or contractual document containing rights and obligations that affect an organization now or in the future (e.g., a nondisclosure agreement).

CLM solutions allow organizations to create, negotiate and store contracts in a centralized repository. Using these solutions helps mitigate organizational risk by enabling regulatory and policy compliance, providing governance over what is signed and with whom, and role-based access to terms and obligations with third parties. CLM solutions drive visibility, consistency and efficiency in the contracting process across an enterprise. Use cases are primarily aligned to parts of the process, such as pre signature and post signature. Different departments often prioritize a certain use case based on their involvement in the contracting process.

Report 2025

Here is a summary of the vendors featured in the Gartner magic quadrant 2025 report.
For the full analysis and detailed insights, you can read the report here and view the magic quadrant graphic here.

Market Status	Market Vendor
Leader	Sirion
Leader	Ironclad
Leader	Docusign
Leader	Agiloft
Leader	Malbek
Visionary	Icertis
Visionary	ContractPodAi
Visionary	Workday
Niche Player	GEP
Niche Player	Ivalua
Niche Player	Coupa
Niche Player	LinkSquares
Niche Player	JAGGAER
Niche Player	IntelAgree
Challenger	CobbleStone Software
Challenger	Conga

Report 2024

Here is a summary of the vendors featured in the Gartner magic quadrant 2024 report.
For the full analysis and detailed insights, you can read the report here and view the magic quadrant graphic here.

Market Status	Market Vendor
Leader	Sirion
Leader	Docusign
Leader	Ironclad
Leader	Icertis
Leader	Agiloft
Visionary	ContractPodAi
Visionary	Ivalua
Visionary	Evisort
Niche Player	JAGGAER
Niche Player	GEP
Niche Player	Coupa
Niche Player	LinkSquares
Niche Player	IntelAgree
Niche Player	Wolters Kluwer
Niche Player	Gatekeeper
Challenger	CobbleStone Software
Challenger	Conga