Malbek Recognized as a Leader in AI-Enabled Contract Management

Malbek has been recognized as a “Major Player” in the IDC MarketScape report for AI-Enabled Buy-Side Contract Life-Cycle Management Applications. The CLM market is projected to grow by 11.4% annually over the next five years, with 86% of deployments expected to be SaaS or cloud-enabled by 2026.

Malbek offers a modern, intuitive user experience with no-code configurability and AI-driven insights embedded throughout the contract life cycle. The platform is designed to evolve with businesses without heavy IT involvement, making it a top choice for organizations seeking transformation.

The IDC MarketScape report highlights Malbek’s ability to provide immediate value while adapting to evolving business requirements. The company serves a cross-industry client base, with strong expertise in life sciences, healthcare, technology, manufacturing, and financial services.

Malbek’s solution integrates seamlessly with over 50 enterprise applications, supporting comprehensive contract workflows. Recent customer implementations have shown significant improvements in contract cycle times, compliance tracking, and user adoption rates.

Malbek continues to innovate in the CLM market, offering a customer-centric approach with a high retention rate and customer satisfaction rating. The company’s use of AI technology and configurable platform has disrupted traditional CLM technologies, driving efficiency and impact for organizations globally.

Read more at GlobeNewswire: Malbek named as a ‘Major Player’ in IDC MarketScape