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San Jose, Calif. –April 9, 2008– Selectica, Inc. (NASDAQ: SLTC), a leading provider of enterprise contract lifecycle management (CLM) solutions, today announced general availability of the latest release of Selectica Contract Performance Management.
Selectica Contract Performance Management v3.2 enables a geographically diverse team to receive and process contract approvals via PDA’s and Smartphones, such as the Blackberry and the Motorola Q. As a result, contract reviewers and approvers can securely process the contract and provide comments from anywhere in the world.
Enhancements to the handling of third-party contracts include PDF-to-MSWord conversion, to facilitate processing, review, and approval. In addition, new tools enable a comparison of inbound third-party clauses in these contracts to a company’s “approved” clauses, allowing legal departments to quickly identify changed, missing, or risky terms.
The latest version of Selectica Contract Performance Management also provides cross-contract type reporting, which enables users to aggregate information across multiple contract types into a single report, enabling visibility into, and evaluation of their overall value—and risks. Also added are enhanced search engine capabilities that allow searching of both the full text of the contract as well as contract attachments.
“Selectica is committed to expanding the footprint of our Contract Performance Management solution, and to advancing its usability for all customers,” said Doug Bell, Selectica’s Vice President of Marketing, Contract Management Solutions. “The feature enhancements contained in this latest version certainly reflect that focus, while also addressing the specific needs of legal and contracting departments, as well as the specialized requirements for government contracts and healthcare providers. Several key customers are expected to adopt Selectica Contract Performance Management v3.2, representing the telecommunications, healthcare, manufacturing, and food and beverage industries.”
Visit the Selectica Contract Performance Management product page for additional information.
About Selectica, Inc.
Selectica, Inc. (NASDAQ: SLTC) provides enterprise-class software solutions for sales configuration and contract lifecycle management. Selectica’s contract management software solutions enable companies to manage critical business functions including contract administration, sourcing, procurement, governance, sales, revenue recognition, healthcare, and provide enterprise-wide visibility to key stakeholders such as General Counsel and executive management. Selectica’s Sales Configuration Solutions simplify and automate the configuration, pricing, and quoting of complex products and services. For over 10 years, Selectica has helped its customers generate substantial savings. Selectica customers represent leaders in manufacturing, technology, finance, retail, real estate, insurance, healthcare, semiconductor and telecommunications, including: ABB, ADP, Accenture, Bell Canada, Cisco, Covad Communications, Fujitsu, General Electric, Fireman's Fund Insurance Company, Host Hotels, IBM, Juniper Networks, Reliance Industries, Rockwell Automation, Tellabs, and Walt Disney. Selectica is headquartered in San Jose, CA. For more information, visit the company’s Web site at www.selectica.com. |