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Concord: Vendor Analysis — Contract lifecycle management solution overview, roadmap, customer feedback, Concord competitors, tech selection tips, analyst summary

11/29/2021 By

This Spend Matters PRO Vendor Analysis provides an overview of Concord and its contract management solution. Concord is a contract lifecycle management (CLM) provider that offers a straightforward user interface with strong collaborative abilities. Concord’s roadmap plan is to continue tweaking its offering in line with customer requests — specifically, the provider seeks to continue adding specific out-of-the-box integrations and to introduce drag-and-drop functionalities to make the user interface more intuitive.

Concord positions itself as an end-to-end, full contract lifecycle management workflow tool rather than a point solution that solves a specific functional (e.g., legal) use case. Accordingly, Concord markets itself as a platform that end-users can deploy across all contract lifecycle stages (drafting, approval, negotiation, signature, filing and data analysis).

At this point, Concord describes itself as a platform that allows users to “create, collaborate, sign and manage all contracts in one platform.” It hopes to offer customers a platform that enables the full CLM, both through centralization and the modern, straightforward user interface. Customers accordingly laud the solution’s ease of use, speed to value and pricing model.

This Vendor Analysis also explores the concept behind Concord; the platform, application and supporting services that Concord delivers; a verified customer reference analysis; a list of Concord’s competitors; tech selection tips; and key analyst takeaways.

Here’s why Concord matters:

  • To the market — Concord is a CLM vendor that markets to all customer sizes and offers an easily adopted end-to-end solution.
  • To customers Concord’s high ease of use and accessible training materials make it a flexible solution that can be rolled out across multiple business functions.
  • To potential buyers — Concord offers flexible pricing options (free, standard, pro and enterprise) that allow companies to kickstart their CLM journeys with minimal barriers.
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Vendor Analysis