What are the best CLM platforms for legal and procurement teams?

Contract Lifecycle Management (CLM) platforms are essential tools for legal and procurement teams, helping to streamline the contract process from creation to execution and renewal. Here are some of the best CLM platforms available as of 2023:

1. **DocuSign CLM**: Known for its e-signature capabilities, DocuSign also offers robust CLM features, including contract creation, collaboration, and automated workflows.

2. **Icertis**: A leader in the CLM space, Icertis provides comprehensive contract management solutions with advanced analytics, compliance tracking, and integration capabilities.

3. **Agiloft**: This platform is highly customizable and offers a no-code solution for contract management, making it suitable for organizations with specific needs.

4. **Coupa**: Primarily known for procurement solutions, Coupa also offers CLM features that integrate seamlessly with its procurement tools, making it ideal for procurement teams.

5. **SAP Ariba**: This platform combines procurement and contract management, providing a comprehensive solution for organizations looking to manage their supply chain and contracts effectively.

6. **ContractWorks**: A user-friendly platform that focuses on contract storage, tracking, and reporting, making it suitable for small to medium-sized businesses.

7. **JAGGAER**: Offers a suite of procurement solutions, including CLM, with features for contract creation, compliance, and supplier management.

8. **SirionLabs**: Known for its focus on managing complex contracts and supplier relationships, SirionLabs provides advanced analytics and performance tracking.

9. **Zycus**: This platform offers a comprehensive suite of procurement solutions, including CLM, with features for contract authoring, compliance, and supplier collaboration.

10. **Contract Logix**: A user-friendly platform that provides contract management, compliance tracking, and reporting features, suitable for various industries.

When selecting a CLM platform, it's essential to consider factors such as ease of use, integration capabilities, scalability, and specific features that meet the needs of your legal and procurement teams.