SAN
FRANCISCO, Oct. 17, 2024 /PRNewswire/ -- We are
excited to announce that Docusign has been named a Leader in
the 2024 Gartner Magic Quadrant for Contract Life Cycle Management.
This is the fifth year in a row that Docusign has been identified
as a Leader by Gartner, and we are thrilled to be recognized for
our completeness of vision and ability to execute.
Docusign helps businesses of all kinds transform agreement data
into insights and actions, and boost productivity
organization-wide. We built Docusign CLM to empower customers to
automate the entire contract lifecycle, to help customers achieve
accelerated time to revenue, optimized agreement value, and reduced
risk.
"We are honored to be recognized by Gartner as a Leader in
Contract Lifecycle Management for the fifth consecutive year," said
Allan Thygesen, Docusign Chief
Executive Officer. "We believe this reflects our continued
commitment to CLM and to driving innovation in the Intelligent
Agreement Management space. By using the power of AI to surface
actionable insights hidden inside agreements, we support our
customers with smarter decision-making, faster workflows, and more
effective risk management across the entire agreement
lifecycle."
Gartner CLM and Magic Quadrant Leader Description
In
its assessment, Gartner evaluated CLM vendors based on their
Ability to Execute and Completeness of Vision, and "Gartner defines
contract life cycle management (CLM) market as a solution that
proactively manages contracts from initiation through negotiation,
execution, compliance and renewal."
- According to Gartner, "Leaders are in the strongest position to
influence the market's growth and direction. They demonstrate a
market-defining vision for how CLM technology can help companies
achieve the business objectives of managing compliance and reducing
process bottlenecks. Leaders can execute against that vision
through products and services, and they have demonstrated business
results in the form of revenue and earnings. They excel in their
combination of market understanding, innovation, product features
and functions, and overall viability."
- Gartner also adds, "While maintaining a well-established base
of long-term customers, Leaders show a consistent ability to win
new deals. They have customers in many geographic regions, cover a
wide variety of industries and serve customer organizations of a
range of sizes. Leaders are often the vendors that other providers
measure themselves against."
We believe Docusign CLM is the best end-to-end solution for
managing the entire contract lifecycle. It enables organizations to
streamline every stage – from pre-signature activities such as
document generation, collaboration, and workflow orchestration, to
post-signature management with an intelligent, searchable
repository that supports obligation management, reporting, and
analytics.
According to Gartner, "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. Implementing CLM can lead
to significant improvements in revenue management, cost savings and
efficiency in the contracting process across an
enterprise."1
To learn more about why Docusign was recognized by Gartner, a
complimentary copy is available for download here.
1 Gartner, 2024 Magic Quadrant for Contract Life
Cycle Management, Kaitlynn Sommers,
Kerrie McDonald, Lynne Phelan, 14 October
2024.
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Media Relations
media@docusign.com
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SOURCE DocuSign, Inc.