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Selectica Contract Lifecycle Management Software
With over a decade of experience in contract management software and one of the industry’s most seasoned teams of contract management experts, Selectica is setting the standard for how Global 2000 companies manage their contracts. Companies with the most demanding, contract-intensive environments have come to depend on contract management solutions from Selectica.
Selectica has leveraged its experience in creating Selectica Contract Lifecycle Management—the most flexible, and most intuitive contract management solution available.
The Need for Speed: Finally, a Contract Management Solution that Actually Cuts Contract Cycle Time
It’s no secret in the industry that most contract management solutions extend, rather than shorten, contract cycle time. Their rigid contract authoring and approvals processes are bottlenecks in the process. Selectica leads the industry with next-generation workflow capabilities including:
- Parallel Approvals – Get your entire enterprise multi-tasking by enabling multiple departments to work on their parts of a contract at the same time.
- True Dynamic Workflows – One size doesn’t fit all. The Selectica contract management solutions can dynamically add or remove the steps required to execute a contract based on how users create or modify their contracts.
- PDA-based Approvals – No matter where your approvers are, your contracts can be reviewed and approved hours or even days faster. Only the Selectica contract lifecycle management solution supports contract approvals via a Blackberry or Motorola Q smartphone.
The First Contract Lifecycle Management Solution That’s Easier to Use than to Avoid
Selectica understands that widespread adoption of a contract management system is only possible if it’s easy to use. Selectica contract lifecycle management software provides an unparalleled user experience with:
- Seamless Microsoft Word Integration – Create and edit contracts in the tool contracting professionals know best. The Selectica contract lifecycle management solution even supports most Microsoft Word formatting.
- Drag and Drop Contract Authoring – Effortlessly build contracts from scratch in Microsoft Word by dragging clauses from a library of approved language. Selectica contract lifecycle management software also employs Dynamic Inclusion™ to automatically bring into the contract required clauses that are tied together.
- One Click to Contract – Users are never lost in the Selectica contract lifecycle management system. No matter where you are, the full contract you’re working on is always only one click away.
- Configurable Views – Professionals in Finance, Legal, Sales, Procurement, and Compliance organizations all have unique needs. The Selectica contract management solution lets users configure screens to show the information that they find most relevant.
Managing 3rd Party Paper: Selectica Contract Lifecycle Management Masters the Other Half of the World’s Contracts
Most contract management software solutions could more appropriately be called “contract authoring software” because they fall short in managing contracts initiated using other companies’ boilerplate. They’re only half a solution. Using the Selectica contract management solution, companies can:
- Map Meta Data AND Clauses – Some contract lifecycle management solutions can map key terms from these contracts. The Selectica contract lifecycle management solution allows companies to easily map clauses as well.
- PDF Format, No Problem – With most contract lifecycle management systems, an incoming contract in .pdf format can stop them dead in their tracks. Only the Selectica contract lifecycle management solution can manage an incoming contract in .pdf format as well as Microsoft Word documents.
The Selectica Contract Management Solution Maps to Your Processes, Not the Other Way Around
The Selectica solution was built from the ground up with the understanding that every company’s contract management processes are unique. Selectica doesn’t require your company to change its processes to use our system. Selectica customers enjoy:
- Configuration not Customization – By leveraging the flexibility of XML, Selectica customers don’t need to make time consuming, expensive, risky customizations to the solution. This also makes the solution easy to deploy and easy to upgrade.
- The Most Flexible Workflow in the Industry – At Selectica, workflow is about more than just approving a contract; it’s about how you manage a contract from request to renewal. Companies can use the Selectica workflow engine to ensure obligations are met, and even initiate processes in other systems.
Next: Find out how Selectica contract management software helps companies improve their bottom line.
Learn More:
See an Online Demo Now – One demo will change the way you look at Contract Lifecycle Management.
Get Started Building Your Business Case – Hear speakers from AMR Research, the IACCM, and ManTech on best practices in building a business case for a solution at your company.
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