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BravoSolution

bravosolution.us

Founded Year

1995

Stage

Acquired - II | Acquired

Total Raised

$37.92M

Revenue

$0000 

About BravoSolution

BravoSolution is a global strategic procurement solution provider. BravoSolution's procurement technology platform and practitioner experience helps companies and procurement professionals unlock the power of procurement to drive financial performance, develop procurement organizational excellence, manage risk and influence innovation.

Headquarters Location

217 N Jefferson Suite 400

Chicago, Illinois, 60661,

United States

312-373-3100

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Latest BravoSolution News

Worldwide Contract Lifecycle Management Software Industry to 2027 - Featuring CLM Matrix, Icertis and BravoSolution Among Others - ResearchAndMarkets.com

May 30, 2022

Zycus Keeping in mind the uncertainties of COVID-19, they are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor Contract lifecycle management (CLM) software assists in efficiently managing the complete process of a contract signed between two or more organizations. It comprises of eight vital steps - contract drafting, negotiation, approval, compliance and administration, repository, compliance optimization, retrieval, and renewal, amendments and disposition. CLM software ensures adherence to regulations, mitigates risks associated with a contract, protects an organization from incurring a penalty for non-compliance and enhances their decision-making process. Apart from this, it also helps the organization in forming alliances with other firms in order to expand their consumer base. As a result, the demand for CLM software is rising in the public, healthcare, manufacturing and financial service sectors across the globe. CLM software helps lawyers in retrieving similar contracts from the library for reference purposes which can be viewed virtually in formats like Microsoft Word, PowerPoint and Excel. This reduces the time to review and enables organizations to identify loopholes in their system. This software also offers efficiency and transparency in reporting mechanisms and management controls, and allows organizations to ensure compliance with acts implemented by governing authorities. Moreover, the emergence of cloud-based CLM software is driving the demand for this solution across various industries as it offers an easy-to-use interface, provides seamless integration with popular CLM systems, enables dynamic workflow approvals and significantly reduces overall costs. In addition to this, it helps enterprises minimize infrastructural investments related to contract management. Due to rapid globalization, the requirement for a collaborative approach in handling projects and joint ventures has gained immense significance as it leads to better contract visibility for the concerned parties. On account of this, organizations are initiating large-scale collaborations to cope with constant alterations in their businesses which is expected to create a positive outlook for the CLM market. Key Question Answered in this Report 1. What is the size of the global contract lifecycle management software market in 2021? 2. What is the expected growth rate of the global contract lifecycle management software market during 2022-2027? 3. What are the key factors driving the global contract lifecycle management software market? 4. What has been the impact of COVID-19 on the global contract lifecycle management software market? 5. What is the breakup of the global contract lifecycle management software market based on the deployment model? 6. What is the breakup of the global contract lifecycle management software market based on the offerings? 7. What is the breakup of the global contract lifecycle management software market based on the enterprise size? 8. What is the breakup of the global contract lifecycle management software market based on the industry? 9. What are the key regions in the global contract lifecycle management software market? 10. Who are the key players/companies in the global contract lifecycle management software market? Key Topics Covered:

BravoSolution Frequently Asked Questions (FAQ)

  • When was BravoSolution founded?

    BravoSolution was founded in 1995.

  • Where is BravoSolution's headquarters?

    BravoSolution's headquarters is located at 217 N Jefferson, Chicago.

  • What is BravoSolution's latest funding round?

    BravoSolution's latest funding round is Acquired - II.

  • How much did BravoSolution raise?

    BravoSolution raised a total of $37.92M.

  • Who are the investors of BravoSolution?

    Investors of BravoSolution include JAGGAER, BravoSolution, Octagon Capital Partners, ACT Capital Partners, Heller Capital Partners and 41 more.

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