Exari (now Coupa CLM)

Exari, now fully integrated as Coupa Contract Lifecycle Management (CLM), represents a benchmark in the 2026 enterprise landscape for 'SmartX' contract technology. Unlike traditional CLM systems that treat contracts as flat PDF images, Exari’s technical architecture utilizes a Universal Contract Model that breaks documents down into discrete data elements. This allows for real-time visibility into complex legal obligations and risk profiles across the entire enterprise. As of 2026, the platform leverages advanced NLP and OCR to ingest legacy contracts while using a deterministic logic engine for document assembly, ensuring that high-volume legal drafting remains compliant with predefined corporate standards. The tool is positioned as a critical component of the Coupa Business Spend Management ecosystem, bridging the gap between procurement, legal, and finance. It facilitates 'Self-Service' contracting for sales and procurement teams through a template-driven interface while maintaining rigorous version control and audit trails required for SOC2 and GDPR compliance. Its market position is solidified by its ability to turn legal documents into searchable, actionable data, reducing contract cycle times by up to 80% for Fortune 500 enterprises.