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

06/12/2023 By

This Spend Matters PRO Vendor Analysis updates our coverage of Malbek and its contract lifecycle management solution. When we examined Malbek in 2020, it was an upstart CLM vendor looking to shake up the space by reimagining deployment, integrations, system upgrades and end-user configurability.

In 2021, Spend Matters included Malbek on the Future 5 list, an annual list that highlights the most impressive procurement technology start-ups. Now more mature and building off its early success, Malbek has both maintained its early strengths and made advancements in other areas. In addition to its quick deployment and self-service configurations/integrations, Malbek has also improved in areas such as AI-based features.

This Vendor Analysis Update explores Malbek’s platform, application and supporting services. It also provides a list of Malbek’s competitors, tech selection tips and key analyst takeaways.

Here’s why Malbek matters:

  • To the market — Malbek offers end-to-end CLM capabilities with emphases on usability and configurability.
  • To customers — Malbek’s integration marketplace, Malbek Konnect, is a differentiator in CLM, as it does not require any IT involvement and allows end-users to independently refresh their own data models.
  • To potential buyers — Malbek’s CLM solution is an ideal fit for customers that have somewhat complex needs but do not require the most advanced technological capabilities on the market (and the price tag they come with).

This Spend Matters PRO Vendor Analysis explains what differentiates this vendor, gives an overview of its capabilities and competitors, provides tech selection tips and closes with key analyst takeaways.

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