As the market consolidates, a handful of companies could be poised to come out on top.Contract tech has seen a boom over the past several years, and companies are jockeying to claim the title of the market leader.
This new type of contract tech is a"much higher-stakes game" and has a"bigger size of the prize" than pure legal tech itself, according to Jae Um, founder of legal research company Six Parsecs. Companies with better contracting technology can increase their revenue by 9% and decrease their claims and disputes by 20%, Um said.
Experts said it's still too early to call the definitive winners in the contract tech race, but they identified four companies emerging as front-runners: DocuSign, Ironclad, Icertis, and ContractPodAI. Other legal-tech companies are following this route, expanding their suite of contract creation, automation, and analysis tools to become a one-stop contracts shop for businesses. And it's not just contract-specific companies that are considering the sector: General enterprise-management companies like Litera, Mitratech, and Onit have also begun branching out into contract tech.
Who owns business insider? How can you have over 3 million followers and two or three likes on posts? Which olygarch is paying for your propaganda? How come everything I open google there's a negative story on elonmusk from you on the first page?
Never owned one yet, Americans were never important enough..
4名合同技术高管详细分析了他们在蓬勃发展的市场中赢得业务的策略
Россия Последние новости, Россия Последние новости
Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей
I help companies write better job posts. Here's how to improve yours.I help companies write better job posts for a living. Here's how your business can improve its listings and attract a wider pool of talented candidates. 我以帮助公司写更好的职位为生。以下是您的企业如何改进其挂牌，并吸引更多有才华的候选人。
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »