Ironclad, the leading digital contracting platform for modern legal teams, announced it has been named a Leader in the 2023 Magic Quadrant for Contract Life Cycle Management report by Gartner, Inc for its Ability to Execute and Completeness of Vision.
This marks the second consecutive year of being recognized in the Magic Quadrant for CLM, with Ironclad positioned as a Challenger in 2022. to read the full 2023 Gartner Magic Quadrant for Contract Life Cycle Management.
Ironclad is designed for use across the entire contract lifecycle, providing AI-powered products to speed up the negotiation and contract review process, ingest and automatically tag contracts faster, analyze and provide actionable insights from contract data, and scale compliance across the entire business. With over one billion business contracts processed on its platform, customers like L’Oréal, OpenAI, and Cisco use Ironclad to turn their business contracts into critical carriers of data, speed up their contracting, and drive business impact.
“We are laser focused on driving impact for our customers through sophisticated, easy to use AI-powered products across the contract lifecycle,” said Jason Boehmig, co-founder and CEO of Ironclad. “Ironclad is on a mission to power the world’s contracts, and we believe being named a Leader in this report is a testament to the hard work our team puts in day-in and day-out to make that mission a reality.”
Gartner, Magic Quadrant for Contract Life Cycle Management, Kaitlynn Sommers, Lynne Phelan, Kerrie McDonald, 18 October 2023.
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Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.Ironclad is the #1 contract lifecycle management platform for innovative companies, powering billions of contracts every year. L’Oréal, Cisco, OpenAI and other leading innovators use Ironclad to collaborate and negotiate on contracts, accelerate contracting while maintaining compliance, and turn contracts into critical carriers of operational business intelligence. It’s the only platform flexible enough to handle every type of contract workflow, whether a sales agreement, an HR agreement or a complex NDA.
SOURCE: PRNewswire