
Conga CLM
by Conga (Previously known as Conga)
Acquired by Apttus on May 07, 2020
Key Features and Functions of Conga include:
Contract creation & self-service authoring
Enables users to generate contracts from templates or clause libraries without direct legal-team involvement, with automation of approvals and signatures.
Negotiation, redlining and execution
Supports real-time collaboration, versioning, redlining, automated routing for review, and integration with e-signature tools (e.g., Conga Sign, Adobe Sign, DocuSign).
Centralised repository & obligation management
Facilitates storage of legacy, third-party and current agreements into a searchable repository, tracks contract hierarchies, version history, deliverables and key dates.
Workflow automation & alerting
Enables configuration of approval workflows, milestone alerts, renewal notifications and routing based on role-based access, helping reduce cycle time and missed deadlines.
Reporting, analytics & insight
Provides analytics on contract volume, cycle time, risk exposure, renewal opportunities and compliance. Also includes AI-powered extraction of key terms and insights from contracts.
Integrations and platform openness
Integrates with CRM (e.g., Salesforce), ERP and procure-to-pay systems and supports deployment on AWS, enabling flexibility for enterprise environments.
In May 2020, Apttus acquired Conga. Following the transaction, the combined company adopted the Conga name and positioned itself in end-to-end commercial operations technology, merging Apttus’ strengths in quote-to-cash (QTC) and configure-price-quote (CPQ) with Conga’s expertise in contract lifecycle management (CLM), document automation and digital transformation.
Loading...
