{"id":452647,"date":"2021-03-08T09:03:16","date_gmt":"2021-03-08T14:03:16","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=452647"},"modified":"2021-03-08T09:03:16","modified_gmt":"2021-03-08T14:03:16","slug":"wolters-kluwer-elm-solutions-contract-lifecycle-management-solution-named-a-strong-performer-in-leading-analyst-report","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/wolters-kluwer-elm-solutions-contract-lifecycle-management-solution-named-a-strong-performer-in-leading-analyst-report\/","title":{"rendered":"Wolters Kluwer ELM Solutions’ Contract Lifecycle Management Solution Named a Strong Performer in Leading Analyst Report"},"content":{"rendered":"

<\/p>\n

Wolters Kluwer ELM Solutions’ Contract Lifecycle Management Solution Named a Strong Performer in Leading Analyst Report<\/b><\/p>\n

HOUSTON–(BUSINESS WIRE<\/a>)–CLM Matrix<\/a> from Wolters Kluwer ELM Solutions<\/a>, the market-leading provider of enterprise legal spend and matter management, contract lifecycle management, and legal analytics solutions, has been recognized as a \u201cStrong Performer\u201d in The Forrester Wave\u2122: Contract Lifecycle Management For All Contracts, Q1 2021 report.\n<\/p>\n

\nAccording to the report, contract management software has transcended its original purpose of creating, negotiating, and storing contracts and evolved into a critical engine of business intelligence and analytics.\n<\/p>\n

\n\u201cWolters Kluwer ELM Solutions emerges as a leading option for legal departments\u2026Wolters Kluwer, a leading provider of enterprise legal management (ELM) software, acquired CLM Matrix to add to its portfolio of software tools for legal departments and law firms,\u201d the report, authored by Andrew H. Bartels, VP and Principal Analyst at Forrester Research, Inc., notes. \u201cSince that acquisition, Wolters Kluwer ELM Solutions has integrated the CLM product with the rest of its products in terms of workflow and data and enhanced the user interface.\u201d The reports also notes how clients of Wolters Kluwer ELM Solutions \u201cgave it above-average scores for usability and vendor support.\u201d\n<\/p>\n

\n\u201cWe are elated that CLM Matrix has been recognized as a strong performer, and that client feedback gave above-average scores for usability and vendor support,\u201d said Grant Ramsey, Director, General Management, for Wolters Kluwer ELM Solutions\u2019 CLM Matrix. \u201cWe believe this ranking confirms that CLM Matrix is now aligned with the portfolio of world-class workflow tools that automate processes to improve efficiency and drive positive business outcomes that we deliver to corporate legal departments globally.\u201d\n<\/p>\n

\nCLM Matrix addresses the growing need of corporate legal departments who oversee the organization\u2019s contracting process. Through integration with Wolters Kluwer\u2019s Passport\u00ae<\/a> and TyMetrix\u00ae 360\u00b0<\/a> matter and spend management solutions, CLM Matrix helps customers leverage the power of contract management in concert with matter management. These workflows provide increased efficiencies and greater visibility into contract transactions, helping organizations mitigate corporate risk.\n<\/p>\n

\nELM Solutions, part of Wolters Kluwer\u2019s Governance, Risk & Compliance division, is the market-leading global provider of enterprise legal spend and matter management, contract lifecycle management and legal analytics solutions. The company provides a comprehensive suite of tools that address the growing needs of corporate legal operations departments to increase operational efficiency and reduce costs. Corporate legal and insurance claims departments trust its innovative technology and end-to-end customer experience to drive world-class business outcomes.\n<\/p>\n

\nWolters Kluwer ELM Solutions was named a leader in both the IDC MarketScape: Worldwide Enterprise Legal Spend Management 2020 Vendor Assessment and IDC MarketScape: Worldwide Enterprise Matter Management 2020 Vendor Assessment. The company\u2019s award-winning products include Passport\u00ae<\/a>, the highest rated ELM solution in the latest Hyperion MarketView\u2122 <\/sup>Legal Market Intelligence Report and TyMetrix\u00ae 360\u00b0<\/a>, the industry\u2019s leading SaaS-based e-billing and matter management solution. ELM Solutions\u2019 LegalVIEW\u00ae<\/a> portfolio of legal analytics solutions is based upon the industry\u2019s largest and most comprehensive legal spend database, with more than $140 billion in invoices.\n<\/p>\n

About Wolters Kluwer Governance, Risk & Compliance <\/b><\/p>\n

\nGovernance, Risk & Compliance is a division of Wolters Kluwer<\/a>, which provides legal and banking professionals with solutions to help ensure compliance with ever-changing regulatory and legal obligations, manage risk, increase efficiency, and produce better business outcomes. GRC offers a portfolio of technology-enabled expert services and solutions focused on legal entity compliance, legal operations management, banking product compliance, and banking regulatory compliance.\n<\/p>\n

\nWolters Kluwer (AEX: WKL) is a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. Wolters Kluwer reported 2020 annual revenues of \u20ac4.6 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries and employs 19,000 people worldwide.\n<\/p>\n

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View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210308005033\/en\/<\/a><\/span><\/p>\n

Media Contacts
\n<\/b>
Paul Lyon
\n
Global Corporate Communications Director
\n
Governance, Risk & Compliance Division
\n
Wolters Kluwer
\n
Office +44 20 3197 6586
\n
Paul.Lyon@wolterskluwer.com<\/a><\/p>\n

\nAndrew Ferraro
\n
Corporate Communications Manager, Legal Solutions
\n
Governance, Risk & Compliance Division
\n
Wolters Kluwer
\n
Andrew.Ferraro@wolterskluwer.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America Texas<\/p>\n

INDUSTRY KEYWORDS:<\/b> Software Technology Legal Professional Services<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
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Wolters Kluwer ELM Solutions’ Contract Lifecycle Management Solution Named a Strong Performer in Leading Analyst Report HOUSTON–(BUSINESS WIRE)–CLM Matrix from Wolters Kluwer ELM Solutions, the market-leading provider of enterprise legal spend and matter management, contract lifecycle management, and legal analytics solutions, has been recognized as a \u201cStrong Performer\u201d in The Forrester Wave\u2122: Contract Lifecycle Management For All Contracts, Q1 2021 report. According to the report, contract management software has transcended its original purpose of creating, negotiating, and storing contracts and evolved into a critical engine of business intelligence and analytics. \u201cWolters Kluwer ELM Solutions emerges as a leading option for legal departments\u2026Wolters Kluwer, a leading provider of enterprise legal management (ELM) software, acquired CLM Matrix to add to its portfolio … <\/p>\n

Continue reading “Wolters Kluwer ELM Solutions’ Contract Lifecycle Management Solution Named a Strong Performer in Leading Analyst Report”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-452647","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nWolters Kluwer ELM Solutions' Contract Lifecycle Management Solution Named a Strong Performer in Leading Analyst Report - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/wolters-kluwer-elm-solutions-contract-lifecycle-management-solution-named-a-strong-performer-in-leading-analyst-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wolters Kluwer ELM Solutions' Contract Lifecycle Management Solution Named a Strong Performer in Leading Analyst Report - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Wolters Kluwer ELM Solutions’ Contract Lifecycle Management Solution Named a Strong Performer in Leading Analyst Report HOUSTON–(BUSINESS WIRE)–CLM Matrix from Wolters Kluwer ELM Solutions, the market-leading provider of enterprise legal spend and matter management, contract lifecycle management, and legal analytics solutions, has been recognized as a \u201cStrong Performer\u201d in The Forrester Wave\u2122: Contract Lifecycle Management For All Contracts, Q1 2021 report. According to the report, contract management software has transcended its original purpose of creating, negotiating, and storing contracts and evolved into a critical engine of business intelligence and analytics. \u201cWolters Kluwer ELM Solutions emerges as a leading option for legal departments\u2026Wolters Kluwer, a leading provider of enterprise legal management (ELM) software, acquired CLM Matrix to add to its portfolio … Continue reading "Wolters Kluwer ELM Solutions’ Contract Lifecycle Management Solution Named a Strong Performer in Leading Analyst Report"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/wolters-kluwer-elm-solutions-contract-lifecycle-management-solution-named-a-strong-performer-in-leading-analyst-report\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-08T14:03:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20210308005033r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wolters-kluwer-elm-solutions-contract-lifecycle-management-solution-named-a-strong-performer-in-leading-analyst-report\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wolters-kluwer-elm-solutions-contract-lifecycle-management-solution-named-a-strong-performer-in-leading-analyst-report\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Wolters Kluwer ELM Solutions’ Contract Lifecycle Management Solution Named a Strong Performer in Leading Analyst Report\",\"datePublished\":\"2021-03-08T14:03:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wolters-kluwer-elm-solutions-contract-lifecycle-management-solution-named-a-strong-performer-in-leading-analyst-report\\\/\"},\"wordCount\":707,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wolters-kluwer-elm-solutions-contract-lifecycle-management-solution-named-a-strong-performer-in-leading-analyst-report\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20210308005033r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wolters-kluwer-elm-solutions-contract-lifecycle-management-solution-named-a-strong-performer-in-leading-analyst-report\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wolters-kluwer-elm-solutions-contract-lifecycle-management-solution-named-a-strong-performer-in-leading-analyst-report\\\/\",\"name\":\"Wolters Kluwer ELM Solutions' Contract Lifecycle Management Solution Named a Strong Performer in Leading Analyst Report - 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