Princeton, NJ, 30, July 2020: Ultria, a leading provider of Enterprise Contract Lifecycle Management (CLM) solutions, has been named in Forrester’s Now Tech – Contract Lifecycle Management Software, Q3 2020 report. The report, released on July 22, 2020, is intended to help Digital transformation leaders and CXOs evaluate and understand the right vendor to meet their strategic objectives.
“We are thrilled to be a part of Forrester’s Now Tech – CLM software report. We believe that the opportunity to be interviewed for this report further affirms Ultria’s vision to consistently deliver market-leading contract management solutions powered by Artificial Intelligence,” said Ultria’s EVP and Co-founder, Arthur Raguette. The report notes that Ultria’s primary functionality segments are all-contract support, both for sell-side contracts and for all executives. Ultria has enterprise-grade Contract Analytics capabilities with AI technologies playing a key role in proactive risk identification, clause analysis, and obligation management.
Ultria Orbit©, an AI-enabled engine that can work both as a standalone application as well as an add-on to existing CLM/ Document management systems, provides a quick and easy approach to implement deeper automation across the contract lifecycle. “Our customers have benefited from scalable and deep risk management, and advanced analytics offered by Ultria CLM, with revenue resiliency and cost savings being principal organizational objectives in 2020”, added Raguette.
Forrester’s Now Tech: Contract Lifecycle Management, Q3 2020 report provides a detailed view of providers of Contract Management software ecosystem segmented based on size, functionality, geographical presence, and vertical market focus.
About Ultria: Ultria develops and licenses Artificial Intelligence-powered applications, including its flagship Contract Lifecycle Management solution for enterprises. Ultria CLM© is a proven, scalable, SaaS-deployed Contract Lifecycle Management system that leverages Artificial Intelligence and Machine Learning to be robustly and rapidly provisioned in today’s complex business landscapes. Ultria’s Artificial Intelligence enables teams to analyze contract terms and extract metadata from any contract.
For information on Ultria, visit www.ultria.com