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Covad Communications Group, Inc. is a leading nationwide provider of integrated voice and data communications, offering DSL, voice over IP, T1, broadband wireless, Web hosting, and managed security services. At the present time, Covad has almost 10,000 active contracts with over 500 vendors, 300 wholesale partners, and more than 1,500 sales agents. Covad relies on Selectica Contract Performance Management to efficiently and cost-effectively manage these contracts and to achieve a wide range of operational and tactical benefits.
Benefits Snapshot:
- enables any authorized employee to search a contract repository by date, customer, supplier, clauses, or any of a variety of other parameters
- provides a library of clauses that provides negotiating guidelines, enabling business owners to obtain the best deals possible
- streamlines auditing and contract compliance monitoring without impacting day-to-day productivity of the legal staff
- automatically generates reports on contract expiration dates
- ensures that contract clauses pertaining to discounts for early payments are leveraged
- lets sales personnel to create contracts with pre-approved alternative language
- speeds contract approval processes
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