“ SAP Ariba provides a mature CLM solution in a mature source-to-contract suite. Its CLM solution will be “attractive to clients in the US, Europe, Australia, India, Southeast Asia, and the Middle East that are looking for a CLM solution as part of a source-to-contract suite.”
Zycus has built its ePurchasing suite organically over the years, starting with spend analytics, adding sourcing and CLM, and following up with supplier risk and performance management (SRPM), eProcurement, and eInvoicing,” says the report. “ Zycus shows strengths in CLM and the rest of its suite with AI leadership. The aim of the report is to “help CIOs and their business partners make the right choice.” It looks address the growing CLM market and assess how companies like SAP and Coupa can address procurement challenges surrounding suppliers and cost efficiencies through a single suite solution.įorrester Wave assessed the eight vendors on their CLM products for multiple industries, source-to-contract suites that includes CLM and generated at least US$12-15mn in CLM revenues. The report assessed the leading organisations against a 33 point assessment criteria, which looked at market presence, integration and contract approval as key metrics for competitive advantage. Zycus, Sap Ariba, Coupa, Ivalua, GEP, Synertrade, Determine and JAGGAER have been recognised as the eight leading providers of CLM solutions worldwide in the Forrester Wave: Contract Lifecycle Management for Source-to-contract Suites report. A new report has revealed the leading providers of contract lifecycle management (CLM) solutions, with SAP named amongst the eight global firms.
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