Contract Lifecycle Management (CLM) is a fully integrated procure-to-pay system. It provides automated and auditable processes from PR Generation through solicitation to entitlement to payments. With an integrated view of finance, acquisition, and supply it facilitates the ultimate closeout of the award. It was designed with the intent to help government organizations to achieve business efficiency by transitioning from disconnected operations, characterized by stove-piped systems, to ones that are cost effective and executed in the fewest steps possible. CLM enables business process standardization, and because it is an integrated with E-Business Suite Financials and Advanced Procurement and is designed with funds control and auditability in mind.
| Product | Market Share (%) |
|---|---|
| Oracle E-Business Suite Contract Lifecycle Management for Public Sector | 1.0% |
| DocuSign CLM | 8.2% |
| Agiloft Contract Lifecycle Managment (CLM) | 7.0% |
| Other | 83.8% |
Oracle E-Business Suite Contract Lifecycle Management for Public Sector was previously known as Oracle Contract Lifecycle Management for Public Sector.
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