Contract Management Software and Services
The outlook for contract management software is quite positive assuming the major players continue to incorporate into their platforms innovative technologies such as AI, blockchain, and RPA. The value of this software greatly increases as the reliance upon human labor is replaced with automation and AI while reserving only the critical reasoning components for human resources.
- Current revenue growth rate exceeds the average of the last 3 years, indicating that market momentum is increasing
- Current gross profit margin exceeds the average of the last 3 years gross profit margin, indicating supplier pricing power
- Current EBITDA margin is less than the average of the last 3 years EBITDA margins, which may signal further consolidation