Contract management software is software used to support contract management, contract lifecycle management, and contractor management on projects. It may be used with project management software. Contract management or contract administration is the management of contracts made with customers, vendors, partners, or employees. Contract management includes negotiating the terms and conditions in contracts and ensuring compliance with the terms and conditions, as well as documenting and agreeing on any changes or amendments that may arise during its implementation or execution. It can be summarized as the process of systematically and efficiently managing contract creation, execution, and analysis for the purpose of maximizing financial and operational performance and minimizing risk.
At enlyft, we use sophisticated, patent-pending algorithms to track the use of various Contract Management products and technologies. We track 17 products in the Contract Management category, and have found 3,306 companies using these products.
Product | Install base (# of companies we found using this product) |
Market Share (%) |
---|---|---|
Ariba Contract Management | 694 | 20% |
Partnerize | 517 | 15% |
Primavera Contract Management | 476 | 14% |
Selectica | 308 | 9% |
Oracle Cloud Services | 234 | 7% |
Agiloft | 207 | 6% |
Icertis | 175 | < 5% |
Apttus Contract Management | 174 | < 5% |
Emptoris Contract Management | 155 | < 5% |
Ecteon Contraxx | 81 | < 5% |
Revitas Contract Manager | 73 | < 5% |
Conga Contract Management | 64 | < 5% |
Total Contract Management | 54 | < 5% |
SMART by GEP | 40 | < 5% |
SAP Lease Administration by Nakisa | 24 | < 5% |
ContractWorks | 17 | < 5% |
Contiki ECM | 13 | < 5% |