Ultria Announces Its Participation in the IACCM Americas Conference 2017
PRINCETON, N.J., October 10, 2017 (Newswire.com) - Ultria™ will be attending the IACCM (International Association for Contract and Commercial Management) Americas Conference 2017, from Oct. 11-13, in Toronto.
At booth #14, the attendees can have a look at Ultria’s automated contract lifecycle management solution — Ultria CLM — which helps enterprises cut down their contract creation time and derive greater value from existing contracts.
Ultria Contract Lifecycle Management is an end-to-end contract management solution for enterprises. “Ultria CLM streamlines and brings much-needed efficiency to contract management processes,” said Arthur Raguette, EVP, Ultria. “With workflow-based authoring, a comprehensive repository of contract templates and clauses, and dedicated post-award analytics capabilities, Ultria CLM takes care of routine contract management tasks while helping companies increase value from their contracts and minimize risks.”
Ultria will be highlighting two of its latest features: Artificial Intelligence Enabled Request Portals and Post Award Contract Compliance Management.
In brief, Artificial Intelligence is leveraged in the Ultria request portal to dynamically assemble contracts from clause and section templates based on the context and content from requesters at the edge of the organization. Combining user knowledge of the contracting party with pre-vetted content from the contracts/legal team, Ultria enables a faster, more complete, and more cost-effective result. This capability seamlessly embraces CRM solutions, including Salesforce, as well as P2P solutions.
The latest version of Ultria’s Post Award Contract Management capability includes enhanced support for contract schedule line items and broader support for ERP integrations out of the box. Combined, this 360° view of obligations and entitlements provides a significant lever across the entire value chain.
About Ultria: Ultria, a division of Verdantis Inc., is focused on delivering robust, scalable user optimized solutions for enterprise Legal and Sales departments. Proven, scalable, SaaS-deployed workflow, and compliance engines leverage Artificial Intelligence and Learn by Example configuration to enable Ultria CLM to be robustly and rapidly provisioned into today’s complex landscapes. For information on Ultria, visit www.ultria.com.
About IACCM Americas Conference 2017: IACCM Americas Conference 2017 will host cross-industry professionals from all over the world and address various challenges and opportunities in the world of contract management. For more information on the IACCM Americas Conference 2017, visit http://www2.iaccm.com/americas.
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