Noted for its market share with both tech companies and those undergoing digital transformation, "companies that require flexibility and control" should look at Ironclad
SAN FRANCISCO, Feb. 20, 2025 -- Ironclad, the leading contract management platform for modern businesses, announced today that it has been positioned in the Leaders category in The Forrester Wave™: Contract Lifecycle Management Platforms, Q1 2025. Ironclad was cited for its significant market share among technology companies and those undergoing digital transformation. The report also cited Ironclad's self-service capabilities, especially speed and ease of creating workflows without relying on IT resources, and forward-thinking approach to innovation. According to the report, "Companies that require flexibility and control" should look at Ironclad.
Click here to see the full The Forrester Wave™: Contract Lifecycle Management Platforms, Q1 2025.
The Forrester Wave™: Contract Lifecycle Management identified the 12 most significant CLMs and evaluated them based on 26 different criteria. The Forrester team researched, analyzed, and scored each vendor to show how each measures up and helps contract management professionals select the right vendor for their specific needs.
Ironclad received the highest scores possible in the following criteria: Contract Digitization, Sell-side Contracts, Legal Operations, Contract creation, contract review, negotiation, and execution, Interoperability, Workflow, Reporting and visualization, Usability, Contract self-service, and edge use cases. The report states that Ironclad "focuses on efficiency, flexibility, and AI," and notes that "Ironclad stands out for its support of sell-side contracting and legal operations with flexible workflows, native integrations with multiple CRM systems, and native e-signature."
"Contracts are core to every business on the planet, and Ironclad helps companies transform them from blockers to business accelerants," said Jeremy Smith, President of Ironclad. "We are honored to be named a Leader in the Forrester Wave, and believe our current offering scores are a testament to the hard work our team puts into listening to our customers, solving their biggest business challenges, and helping them drive impact. We're excited to continue to ship meaningful features to our product - including some exciting AI innovations - to deliver the easiest to use solution on the market."
The report also cites Jurist, Ironclad's legal AI assistant which was launched in November of 2024. Powered by AI-agents purpose-built for lawyers, Jurist allows legal professionals to draft, edit, review, summarize, translate, and answer questions related to modern contracting.
Ironclad serves customers across a wide range of industries from technology and IT to healthcare, media and entertainment, financial services, and more. Customers like L'Oréal, the Texas Rangers, and OpenAI use Ironclad to turn their business contracts into critical carriers of data, speed up their contracting, and drive business impact.
For more information on Ironclad and its contract management platform, visit www.ironcladapp.com.
Forrester does not endorse any company, product, brand, or service included in its research publications and does not advise any person to select the products or services of any company or brand based on the ratings included in such publications. Information is based on the best available resources. Opinions reflect judgment at the time and are subject to change. For more information, read about Forrester's objectivity here.
About Ironclad
Ironclad is the #1 contract lifecycle management platform for innovative companies, powering billions of contracts every year. L'Oréal, OpenAI, and other leading innovators use Ironclad to collaborate and negotiate on contracts, accelerate contracting while maintaining compliance, and turn contracts into critical carriers of operational business intelligence. It's the only platform flexible enough to handle every type of contract workflow, whether a sales agreement, an HR agreement or a complex NDA. The company is backed by leading investors like Accel, Sequoia, Franklin Templeton, Y Combinator, and BOND. For more information, visit www.ironcladapp.com or follow us on LinkedIn and X.
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