Selectica Contract Lifecycle Management Software

With over a decade of experience in contract management software and one of the industry’s most seasoned teams of contract management experts, Selectica is setting the standard for how Global 2000 companies manage their contracts. Companies with the most demanding, contract-intensive environments have come to depend on contract management solutions from Selectica.

Selectica has leveraged its experience in creating Selectica Contract Lifecycle Management—the most flexible, and most intuitive contract management solution available.

The Need for Speed: Finally, a Contract Management Solution that Actually Cuts Contract Cycle Time
It’s no secret in the industry that most contract management solutions extend, rather than shorten, contract cycle time. Their rigid contract authoring and approvals processes are bottlenecks in the process. Selectica leads the industry with next-generation workflow capabilities including:

• Parallel Approvals – Get your entire enterprise multi-tasking by enabling multiple departments to work on their parts of a contract at the same time.
• True Dynamic Workflows – One size doesn’t fit all.  The Selectica contract management solutions can dynamically add or remove the steps required to execute a contract based on how users create or modify their contracts.
• Smartphone-based Approvals – No matter where your approvers are, your contracts can be reviewed and approved hours or even days faster.

The First Contract Lifecycle Management Solution That’s Easier to Use than to Avoid
Selectica understands that widespread adoption of a contract management system is only possible if it’s easy to use. Selectica contract lifecycle management software provides an unparalleled user experience with:

• Seamless Microsoft Word Integration – Create and edit contracts in the tool contracting professionals know best.  The Selectica contract lifecycle management solution even supports most Microsoft Word formatting.
• Drag and Drop Contract Authoring – Effortlessly build contracts from scratch in Microsoft Word by dragging clauses from a library of approved language.  Selectica contract lifecycle management software also employs Dynamic Inclusion™ to automatically bring into the contract required clauses that are tied together.
• One Click to Contract – Users are never lost in the Selectica contract lifecycle management system.  No matter where you are, the full contract you’re working on is always only one click away.
• Configurable Views – Professionals in Finance, Legal, Sales, Procurement, and Compliance organizations all have unique needs.  The Selectica contract management solution lets users configure screens to show the information that they find most relevant.

The Most Flexible Workflow in the Industry
The Selectica solution was built from the ground up with the understanding that every company’s contract management processes are unique. Selectica doesn’t require your company to change its processes to use our system. Instead, it caters to your needs through:

• Configuration, not Customization – By leveraging the flexibility of XML, you can avoid time-consuming, risky, and expensive customizations. The Selectica solution is easy to deploy, easy to upgrade, and easy to configure.
• A Solution that Maps to Your Processes- Not the Other Way Around – At Selectica, workflow is about more than just approving a contract; it’s about how you manage a contract from request to renewal. The Selectica workflow engine ensures that obligations are met, and even initiates processes in other systems.
• Control Over 3rd Party Paper: Most contract management software solutions could more appropriately be called “contract authoring software” because they fall short in managing contracts initiated using other companies’ boilerplates. They’re only half a solution. Using the Selectica contract management solution, companies get the whole solution. Map key terms from both contracts and clauses, and manage contracts sent in .pdf format which would otherwise stop companies dead in their tracks.

Next: Find out how Selectica solutions manage the entire contract lifecycle.

Learn More:
See an Online Demo Now – One demo will change the way you look at Contract Lifecycle Management.
Save time and effort with your RFP – Download a vendor-neutral RFP template to help quickly pinpoint the differences among vendors’ solutions.