2020: Contract Logix Year in Review
While it’s been a strange and interesting year for almost everyone, it’s also been a big one for Contract Logix!
Remote workforces, supply chain dynamics, change management, and mitigating risk were just a few 2020 trends driving huge momentum around the need for digital contract transformation and all signs point to it accelerating in 2021. In fact, we’ve got some BIG news coming out on that front early next year.
But before then, we wanted to look back and reflect on some things we are thankful for in 2020.
Remote workforce skyrockets product usage
As everyone started to work remotely, they needed a solution to manage contracts from anywhere at any time. Customer usage exploded! We witnessed a 682% increase in contracts executed using e-signatures, 367% increase in converted contract requests, 298% increase in tasks created in the software, and 112% increase in contracts and documents in the software! We anticipate usage skyrocketing even more in 2021. [7 Remote Work Usage Drives ]
Change Management takes center stage
We announced a number of new business process and change management capabilities like our enhanced automated workflow engine that provides an intuitive interface for anyone to create workflows for automating routine CLM tasks and our REST API to integrate with your other CRM, ERP and BI applications. [ 5 Ways Workflows Transform Your Business Process ]
Security First
Security is in our DNA and we raised the bar in 2020 with SOC 2 Type II, HIPAA, and FISMA certifications Couple that with all our other security capabilities, and you can rest assured your contract data is safe. Managing contract risk is easy and more important than ever. [ Learn More about Data Security]
Recognized as an industry-leader.
We have always strived to provide the highest level of commitment, service, and innovation when it comes to our customers and products. So, it was nice to see GetApp, an influential Gartner site, recognize us as a Top 5 Best Contract Lifecycle Management solution, specifically calling out our Customer Success Managers as a “unique contract lifecycle management feature.” [ See Why We’re a Leader ]
It’s time to ring in 2021!
Thanks for allowing Contract Logix to be a part of your year Let’s close 2020 on a high note and stay tuned because we have some VERY BIG NEWS coming out soon. We hope you have a great 2021!
In the meantime, schedule a demo of our contract management software and we’ll show you first-hand how all of this can help your organization.
Best regards,
The Team @ Contract Logix