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

This Spend Matters PRO Vendor Analysis provides an overview of Volody and its contract lifecycle management solution. Volody offers an affordable solution with an intuitive user interface and some supporting AI/ML capabilities. The vendor’s roadmap plan is to bolster its position as a low-cost CLM alternative by adding further integration and implementation tools.

Volody positions itself as an AI- and machine-learning-based CLM tool with flexible workflows, an intuitive UI and limited implementation time/cost. The vendor offers DocuSign integrations and an appealing pricing model.

Volody describes itself as a platform that enables “digitization and automation of legal agreement drafting, negotiations, approval, signing and management.” It started as a basic document management platform launched out of a law firm and has evolved into a fully developed CLM solution with a diverse set of customers. Its platform is built for all industries and customer types.

This Vendor Analysis also explores the concept behind Volody, its solution (the platform, application and supporting services), a list of Volody’s competitors, tech selection tips and an analyst summary with key takeaways.

Here’s why Volody matters:

• To the market — Volody is a CLM vendor that markets to all customer types and offers an intuitive solution.
• To customers — Its low implementation times and costs combine with its flexible platform to appeal to all industries.
• To potential buyers — Volody offers multiple pricing options (standard, premium and enterprise) with both monthly and annual payment models.