Report cover image

No, CLM Is Not Dead

Publisher IDC
Published Jun 27, 2025
Length 7 Pages
SKU # IDC20145634

Description

This IDC Perspective challenges the notion that contract life-cycle management (CLM) is obsolete due to advancements in generative AI (GenAI). It argues that while GenAI offers capabilities such as data extraction and contract summarization, it lacks the tailored legal expertise, compliance, and structured workflows inherent in CLM platforms. CLM systems provide essential features such as secure repositories, workflow integration, and risk management, which GenAI alone cannot replicate. This document suggests that GenAI should augment rather than replace CLM, enhancing its efficiency and user-friendliness. This synergy between GenAI and CLM ensures robust contract management, making CLM platforms indispensable for modern organizations."CLM isn't dead; it's evolving. GenAI enhances, not replaces, CLM platforms, offering smarter, user-friendly solutions. Discover how this synergy transforms contract management into a powerful tool for modern organizations, ensuring compliance, efficiency, and integration."

Table of Contents

7 Pages

Executive Snapshot

Situation Overview

Advice for the Technology Buyer

Where Are the Contracts?

GenAI Is Great, But…

What About Workflows and Integration?

Risk Management and Compliance

The Future of CLM

Learn More

Related Research

Synopsis

Search Inside Report

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us