Exari: What Makes It Great (Contract Lifecycle Management SolutionMap Analysis)

Exari is a top-ranked functional provider within the contract lifecycle management (CLM) SolutionMap for Q3 2018, offering superior support for procurement and legal organizations compared with suite-based providers. In certain areas, Exari sets the bar for overall CLM capability (e.g., analytics) among its best-of-breed peers. Moreover, Exari’s unique approach to contract clause modeling through its Universal Contract Model (UCM) standard and artificial-intelligence (AI) analysis of contracts make it stand out for legal organizations seeking best-in-class capabilities.

As of Q3 2018, the Spend Matters SolutionMap contains functional and customer satisfaction benchmarks on more than 50 different providers within the procurement technology, finance and legal landscape. To date, 13 providers have been rated in contract lifecycle management (CLM), including Exari. But where does Exari stand out most? Why should this matter for procurement and legal organizations? Let’s delve into the SolutionMap CLM benchmark to find out.

“What Makes It Great” is a recurring column that shares insights from each quarterly SolutionMap report for SolutionMap Insider subscribers. Based on both our rigorous evaluation process and customer reference reviews, each brief offers quick facts on the provider, describes where it excels, provides hard data on where it beats the SolutionMap benchmark and concludes with a checklist for ideal customer scenarios in which procurement, finance and supply chain organizations should consider it.