Malbek

Malbek is a leading provider of contract lifecycle management (CLM) solutions that empower organizations to streamline their contracting processes efficiently. Their cutting-edge, AI-fueled platform is trusted by Fortune 500 companies, large enterprises, as well as small and medium-sized high-growth businesses. Malbek's CLM solution unites legal, sales, finance, and procurement teams, reducing inefficiencies throughout the entire contracting process.

At the core of Malbek's offering is a proprietary AI engine that enables advanced features like searching through both structured and unstructured data, mapping new fields without IT assistance, and automating workflows from start to finish. This AI-driven approach improves data quality, minimizes manual errors, and provides accurate insights for data-driven decision-making across the organization.

Malbek's CLM solution is highly configurable, allowing for seamless integration with popular business applications such as Salesforce, NetSuite, Slack, and Office 365. This integration capability ensures that contract data flows seamlessly, dramatically reducing cycle times. Customers have reported significant benefits, including the ability to track contract expirations and renewals up to 90 days in advance, facilitating timely engagement with clients.

The company's commitment to customer success is evident in the positive feedback from users, who praise Malbek's user-friendly interface, smooth implementation process, and exceptional support from the vendor. Customers have reported substantial returns on investment, with one user stating that the money spent on Malbek's CLM system has been recouped tenfold.

In August 2022, an Aberdeen report commissioned by Malbek highlighted that best-in-class companies utilizing CLM solutions like Malbek's renew 42% more revenue contracts and 32% more procurement contracts annually, underscoring the tangible business benefits of adopting a robust CLM solution.