Top Features:
Ultria Contract Lifecycle Management Software
No to Paperwork.
Yes to Smarter Work.
Ultria’s robust contract management solutions help enterprises boost company performance & mitigate obligation and compliance related risks through effective contract lifecycle management.
WHAT WE CAN HELP YOU ACHIEVE
Meta Data Extraction for Authoring | Smart Repository | Contract & Clause Template Management | Clause Level Risk Management | Configurable Workflow Automation & Access Control | Post-Award Tracking & Analytics
Request
- Salesforce / Outlook Integration
- Touch-free contracts
- Configurable request forms
Negotiation
- Edit Tracking
- External Party Portal
- Clause-based locking
Authoring
- Pre-configured templates
- MS Word Integration
- Auto-version management
Sign-off
- CLM-Email integration
- e-sign capability
- Access based controls
Get more out of your Contract Lifecycle Process
Advanced Search
Perform advanced free-text or parameter-based search to identify and track contracts. Contract hierarchy / family management ensure document integrity and security while intelligently automating document sorting, filing and workflows.
Detailed Auditing
Keeping tabs on the contract is now made easy. Realize net benefit through cost recoveries, process improvement savings, fraud prevention and detection, and identification of hidden risks – with improved contract visibility.
Legacy Update
Migrate contract PDFs as well as images into machine readable DocX files. Standalone as well as integrated into Ultria CLM, full stack for contract migration– simplifies deployment and supports phased growth through rapid adoption.
Post-award Contract Management Made Easy
Milestones & Obligations
Facilitate tracking and enforcement of entitlements, penalty clauses, industry regulations as well as other compliance-related requirements to closely measure contract performance and address compliance risks.
Reminders & Notifications
Ensure efficient management of contract expiry and renewals with configurable alerts and reminders. Leverage contract management-related KPIs for a more responsive legal team that focus on value creation.
Reports & Dashboards
Create customized reports and widget-based performance dashboards to manage on-time service delivery and identify opportunities of cross-sell / upsell for growth in today’s competitive business environment.
Access & Security
Define and restrict access based controls based on multiple parameters. Amazon Web Services (AWS) secure storage provides contract encryption and single sign-on feature for safe, secure and easy access to the application.
Leverage AI to Drive Excellence at Every Stage of your Contract Lifecycle
Utilize AI based metadata extraction and identification of risky / unfavorable terms and clauses in external or third-party contracts. As a real-time governor, it provides for additional caution, suggest alternate wording/clauses, escalate to an alternate path for risk remediation.
Meet Orbit