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Contract Management Systems
For organizations that deal with large volumes of contracts, enterprise contract management (ECM) systems , also known as contract lifecycle management (CLM) systems, are a way to automate the contract process. Because contracts are central to the business of many organizations, expect this to be a major legal technology growth area.
There seem to be four major ECM vendors that are getting good reviews and some major corporate clients:
diCarta - http://www.dicarta.com/
Upside - http://www.upsidesoftware.com
i-Many - http://www.i-many.com/
Nextance - http://www.nextance.com/home.shtml
For more information on ECM and contract management generally, I highly recommend joining the International Association of Contract and Commercial Managers (IACCM). www.iaccm.com
Also, Aberdeen Group http://www.aberdeen.com/default.asp has some excellent articles on ECM. Many are free.
Anuj Saxena Alti, Inc. www.altiamerica.com
Last updated: 01/16/2006
Copyright 2001-2005 David A. Munn