SpringCM, the No. 1 global sales contract management solution for Salesforce customers, today announced a new office in San Francisco’s Financial District to meet the demands of the rapidly growing business.
SpringCM’s next-generation sales contract lifecycle management (CLM) platform streamlines sales contract processes to accelerate revenue growth, reduce costs and increase efficiency by bridging the gap between sales and legal toward fulfilling a faster contracts process.
The move brings SpringCM closer to the headquarters of some of its key strategic partners, namely Salesforce and DocuSign.
“San Francisco is an ideal location for us to get closer to our customers and partners,” said Greg Buchholz, CEO of SpringCM. “We’ve grown our West Coast accounts by 45 percent, translating to 50 percent growth in annual recurring revenue, so the new office is a milestone in the next stage of our development.”
SpringCM grew its Salesforce contract management customers by 400 percent in Q4 2015, driven by five CLM product releases in 2015. More than 150,000 companies call the Salesforce ecosystem home, and many leverage the platform, including tools like SpringCM Manage It™, the No. 1-rated CLM app that enables sales and legal pros to easily manage and automate the contracts process, from contract generation and review, to approval and renewal.
SpringCM is a secure cloud platform that manages sales contracts and all types of documents seamlessly across desktop, mobile and partner applications like Salesforce. SpringCM goes beyond standard sales contract management software with advanced workflows that automate manual tasks and complex processes to shorten contract cycles from weeks to days, and speed time-to-revenue. For executives looking to strategically leverage contract management to deliver immediate savings and accelerate revenue, SpringCM is the No. 1-rated sales contract lifecycle management (CLM) platform. Every day, more than 600 companies, including best-in-class organizations like Anaplan, athenahealth, BCBS, Facebook, Genentech, NBC Universal, and the USDA, use SpringCM to streamline internal sales and legal operations, improve the customer experience and get more done, faster.
For further information, please visit www.springcm.com.
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Vice President, Marketing