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Ultria Contract LifeCycle Management Review
Product Snapshot
Product Pricing
Pricing is subscription-based; contact vendor directly for details.
Technology
Platform is a SaaS solution and requires no additional hardware for installation.
Customer Focus
Vendor works with midsize, large and multi-national companies in the healthcare, automotive, financial services, food And beverage, information technology, logistics and supply chain, oil and energy, pharmaceuticals, real estate and telecommunication industries.
Select Customers
Contact vendor directly for case studies.
About Ultria Contract LifeCycle Management
Ultria offers an end-to-end, SaaS-deployed contract lifecycle management solution, and is equipped with a workflow-based authoring and approval tool, a comprehensive repository of contracts and clauses, and helps companies across the spectrum derive greater value from their contracts. The platform connects with eSignature and CRM solutions, seamlessly streamlines the quote-to-contract conversion process, and provides users with post-signoff contract management capabilities in order to empower the enterprise to extract the maximum value out of contracts, mitigate risks, and ensure regulatory compliance.
The software is built with a Risk Scoring Module for effective identification and tracking of risks, includes configurable review-approval workflows, and supports requests through intranet-style portals, a Microsoft Outlook Plug-in, CRM or ERP interfaces, or an external party portal. Additionally, the platform is equipped with negotiation and signoff functionalities such as change tracking, version comparison, and automated workflow routing, approval process alerts and reminders, and expiry and renewal management tools.
About the Company
Ultria is headquartered in Princeton, New Jersey.
Ultria Contract LifeCycle Management Key Features
- Repository with strict access control
- Seamless integration with Sales force and other enterprise systems
- Compliance and utilization tracking
- Configurable alerts and reminders
- Self-service request portal for the other contracting party
- Powerful and freestyle keyword search
- Smart clause library
- Configurable templates with third-party template parsing
- Audit trail to track contract versions
- Collaborative authoring and negotiation
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