Maintain close Control over myriad Contracts and their Execution
Exercise better control over your contracts with AI-powered Ultria CLM. Login and start authoring & managing your contracts in a whole new way.Exercise better control over your contracts with AI-powered Ultria CLM. Login and start authoring & managing your contracts in a whole new way.
Ultria’s analytical tools can analyze data from the past contracts with a particular vendor and identify patterns to measure risks associate with that vendor’s contracts.
Yes, analyzing and comparing performance of Vendor A’s past contracts with us can give a data driven analysis of current performance scope for Vendor A.
Yes, Ultria provides advanced post-award contract management and analysis through comprehensive reporting and dashboards, real-time access to obligations and milestones concerning to both contract parties.
Ultria CLM solution is constantly updated with any changes or updates to the existing regulations. It then identifies all older and legacy contracts in the centralized repository and automatically updates them with any new or updated regulations to ensure they stay compliant.
Does Ultria CLM notify contracts that are to be renewed or expiring in the next week / quarter / month?
Yes, Ultria’s automated contract management solution provides key contract data like upcoming expiries, renewals, payments in advance, through comprehensive, real-time dashboards, accessible from across devices.
Yes, you can identify and track contracts by multiple parameters including value and geography.
Contract performance considers multiple, varied and customizable parameters including but not limited to obligations management, contract progress, payment status, meeting pre-defined milestones and metrics, etc.
Yes, Ultria CLM stores and archives contract audit history details for future referencing.
Enterprise Contract Management. Simplified.
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Lack of visibility into ever-changing regulations and complex contracts are putting companies at a higher risk of non-compliance, leading to large monitory and reputation losses. The ability to manage the process of contracting (regardless of contract domains) enables organizations to have a consistent yet confident means of trusting the representation of information that is a fundamental aspect of any organization and remaining risk-free.
Ultria’s AI powered solution can automate all contract domains including Procurement, Sales, Intellectual Property, HR related agreements, Business Partnerships, and Channel Management.
Integration helps stakeholders access contracts and initiate contract requests through multiple platforms most convenient to them, rather than having to log into a specific application to access any contract related information. For e.g. New requests can be generated by several modalities such as Internal Request Portal, Outlook Request Portal, and CRM (Salesforce) Request Portal.
AI facilitates analysing and identifying key contract information and assists in drafting, routing, reporting, and tracking of contract data.
AI also ensures consistency and accuracy in tagging of information related to a contract type and specific items that are useful in handling of contractual documents and information.
Orbit is a set of Artificial Intelligence capabilities that streamlines and automates tagging, analysis, and movement of contracts throughout your contract management process.