Summary
In Forrester's 110-criteria evaluation of contract life-cycle management (CLM) vendors, we found that Ariba, Emptoris, SAP, Selectica, and Upside Software led the pack because of their advanced functions for contract creation, contract repositories, analysis and reporting of contractual exposures and benefits, and contract compliance. Nextance and Oracle E-Business Suite were close behind, with very capable products. This put them in the Strong Performer category, along with CMA Contiki (based in Norway) and Symfact (based in Switzerland). I-many, Open Text, and Oracle PeopleSoft Enterprise Supply Chain Management (SCMT) are also Strong Performers (especially for their installed base), with products that offer all standard and some advanced functions of current-generation CLM. Omniware is not on a par with the other vendors, but it is a Contender with an attractive price and basic functions for CLM.
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