Corridor Company: Vendor Analysis (Part 2) — Product Strengths and Weaknesses

Corridor Company may be a lesser-known contract lifecycle management (CLM) vendor within procurement today, but it most certainly deserves a look as a possible shortlist candidate in more opportunities. The provider not only offers clever extension of SharePoint and tight Microsoft and Salesforce integration but also brings numerous strengths where specialized CLM tools and those found in procurement suites come up short. In fact, we were surprised, based on our recent look at Corridor, that we had not come across it before, as we would have recommended it in various shortlist scenarios had we known about it before. Of course, as with all solutions, Corridor also has weaknesses that can make it less attractive for procurement and buy-side use cases, depending on each situation, company technology environment and specific buying and use case support needs.

This Spend Matters PRO Vendor Snapshot Corridor Company’s contract lifecycle management solution including product strengths and weaknesses, providing facts and expert analysis to help procurement organizations decide if they should shortlist the vendor. It also offers a critique (pros/cons) of the user interface as well. Part 1 of our analysis provides a company and detailed solution overview and a recommend fit list of criteria for firms considering it. The remaining parts of this multipart series will offer a SWOT analysis, user selection guide, competitive alternatives and additional evaluation and selection considerations.