Name: Ultria CLM - End-to-End Contract Management Solution
Uploaded: 2017-07-28T08:28:39.000Z
Duration: 1 min 57 s
Description: Ultria CLM - End-to-End Contract Management Solution

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Ultria Contract Lifecycle Management

Contract management software is a program or series of related programs for storing and managing legal agreements such as contracts with vendors, leases and licensing agreements.

Contract Management

Ultria offers end-to-end, SaaS-deployed, Contract Lifecycle Management solution for the Enterprise—Ultria CLM. It is a market-proven solution with a legacy of successful deployments over more than seven years. With a workflow based authoring and approval tool, and a comprehensive repository of contracts and clauses, Ultria CLM helps companies across the spectrum derive greater value from their contracts. By connecting with eSignature and CRM solutions, Ultria CLM seamlessly streamlines the quote to contract conversion process. Its post-signoff contract management capabilities empower the enterprise to extract the maximum value out of contracts, mitigate risks, and ensure regulatory compliance.
 KEY FEATURES
 • Repository with strict access control
 • Seamless integration with Sales force and other enterprise systems
 • Compliance and utilization tracking
 • Configurable alerts and reminders
 • Self-service request portal for the other contracting party
 • Powerful &amp; freestyle keyword search
 • Smart clause library
 • Configurable templates with third-party template parsing
 • Audit trail to track contract versions
 • Collaborative authoring and negotiation
 • Risk Scoring Module for effective identification and tracking of risks
 • Configurable review-approval workflows
 • Support for e-signatures

Ultria

Ultria Contract lifecycle management Datasheet

Ultria Contract Lifecycle Management Solutions include enterprise-wide contract management software and post-award analytics for buyers, sales and legal.

OLD GDPR-2

Learn about the key challenges of General Data Protection Regulation (GDPR) and how Ultria's AI-based contract management solution helps in achieving GDPR compliance.

Ultria develops and licenses Contract Lifecycle Management solutions for enterprise Legal and Sales departments. Their Proven, scalable, SaaS delivered CLM software Leverages Artificial Intelligence and Machine Learning to be rapidly deployed into today’s complex business landscapes. For information on Ultria, visit www.ultria.com.

Ultria CLM - End-to-End Contract Management Solution

Here's a look at how Ultria CLM helps businesses with Contract Management. Be it Authoring, Negotiation, Sign-off, Repository, or Performance Management - Ultria CLM ensures contracting is easier, faster, and much more efficient. Get the maximum value out of your contracts - contact Ultria today at info@ultria.com.

Contract Authoring

Features related to the contract authoring process.

Contract creation

Includes a document generator and tools for creating new contracts.

Contract templates

Allows users to set up templates or templatize old contracts in order to make new contract creation easier and more consistent.

Clause library/saved fields

Users can save certain fields of a contract for re-use; these may be stored in a template or a clause library.

Integration to CPQ

Integrates to CPQ software so that calculated quotes/configuration details can feed into contracts. This is an important element of automation in the contract authoring process.

PDF generator

Users can generate PDFs of contract documents.

Contract attachments

Users can attach other documents, like invoices, images, meeting minutes, memos, etc, to contracts.

Guided logic

Automated questions (based on company policies and the circumstances of the deal) help with the contract authoring process; this is an example of partial automation.

Contract Collaboration

Features related to collaborating on contracts.

Contract sharing

Users can easily and securely share contracts with internal users and external users. Contracts are accessible.

Contract editing

Contracts can go through multiple drafts and revisions; the software supports multiple versions and version comparison.

Contract merge

Multiple versions of a contract can be merged.

Collaborating on contracts

Internal and external users can collaborate on contracts without changing the text of the contract; this may be done through comments, questions, and/or message board conversations.

MS Word plug-in

Users can make changes to contract language using Microsoft Word.

Approval process

Approval workflows can be configured to streamline and automate the approval process; the approval process is helpful and convenient.

Parallel approvals

Users can set up complex workflows to handle parallel approvals.

Interdepartmental workflows

Users can set up interdepartmental workflows so that contracts can flow between teams in a logical and organized manner.

Contract Monitoring

Features that enable users to monitor the status of contracts.

Contract database

Contracts are stored and organized in a central repository.

VORs

Allows users to send/receive variation order requests and coordinate these with contracts.

Contract search

Users can easily look up contracts within the database.

Contract milestone reminders & alerts

Users can schedule reminders and/or trigger alerts according to contract milestones.

Custom contract reports

Users can create custom reports about the status of contracts, contract timelines, efficiency, and revenue tied to contracts.

Tracking contract status

Users can track the status of a contract as it moves through the approval process and beyond.

Salesforce integration

Integrates to Salesforce so that contracts are tied to contact’s CRM records.

Compliance check

Users can define and enforce complex business rules related to compliance regulations; helps automate or partially automate contract compliance check.

Tools and features to aid in contract management and formation.

Contract Storage

Centralized storage and management of all contracts in one place.

Document Management

Ability to upload, organize, and track changes to contract documents.

Advanced Search and Filtering

Efficient search functionality and advanced filters to quickly locate specific contracts or clause language.

Version Controls

Ability to track and manage different versions of contracts, including changes made and the history of revisions.

Customizable Contract Templates

Pre-defined templates that can be customized for different types of contracts.

Workflow Acceleration

Streamline the contract approval process by automating workflows and notifications.

E-Signatures

Capability to electronically verify user signatures, eliminating the need for physical signatures and enhancing efficiency.

Reminders and Alerts

Automated alerts and reminders for important contract dates, deadlines, and milestones.

Analytics and Reporting

Generate reports and gather insights on contract status, performance, and compliance.

Integration with other Systems

Ability to integrate with other tools, such as CRM or ERP systems, to exchange contract data seamlessly.

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Ultria Contract Lifecycle Management

Overview

What is Ultria Contract Lifecycle Management?