"Ultria Contract Lifecycle Management software simplifies contracting processes and the management of post-award obligations and legal risks."
Ultria is the newest division of Verdantis, Inc.—an organization which has been providing enterprise critical SaaS Governance and Stewardship solutions to G1000 companies for over 14 years. After helping organizations boost and sustain their ROI from ERP implementations and more fully realize synergy from Mergers and Acquisitions, Verdantis created the Ultria division to deliver similar value to legal and revenue teams.
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.
Centralized and secure on-cloud contract repository for storing, managing ans searching all contracts
Integration with MS Outlook, Salesforce and other internal and external party portals for new contract requests
Easy MS Word integrated contract authoring, negotiations and automated workflow routing
Pre-approved clause and template library customized based on organizational legal policies
Artificial Intelligence (AI) based contract parsing and metadata tagging
Contract risk management via risk profiling and compliance tracking
Contract deliverables and obligation tracking with stakeholder collaboration across the contract lifecycle
Product recommendations, vendor rankings, market overview and tips on how to select Contract Management software for business. Published in May 2021.
Products in this category are designed to help an organization manage its contracts or legal agreements with other companies or vendors. Typically, contract management software is used for storing contract documents, tracking changes made to existing contra...FREE DOWNLOAD Contract-Management-Software-Buyer-Guide-2018.pdf
Ultria contract management solution integrates with various commonly used business technology interfaces such as MS Word, MS Outlook, CRMs, ERPs, external party portals (EPP) and other in-house systems.
The main user groups of Ultria contract management solution are contract management professionals, legal operations professionals and all business users in general who are involved in inititating contracts or managing various contracted projects.
Ultria contract management solution integrates with various commonly used business technology interfaces such as MS Word, MS Outlook, CRMs like Salesforce, ERPs, external party portals (EPP) and other in-house systems.
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Ultria contract management solution is commonly used in tandem with MS Word, MS Outlook, Salesforce, ERPs, External Party Portals (EPP) etc.
Yes, Ultria contract management solution comes with training materials and tutorials to help the users make the best use of the software. That said, the solution being extremely easy to use, the adoption rates are very high and training time nil.
Yes, Ultria contract management solution offers multi-user, multi-business unit, multi-location and multi-language capability.
Ultria contract management solution is used for the entire contract lifecycle management including contract authoring, negotiations and approvals; centralizing contract storage; managing ongoing contract obligations; tracking regulatory and internal policy compliance; and managing contract expiries and renewals.