Contract Management Software Pioneer Contract Logix Launches New Product Line
Modern, Reimagined Products Help Businesses Securely Minimize Their Contracting Risk
Austin, Texas, October 22, 2018 — Contract Logix, a long-time innovator of market-leading contract lifecycle management (CLM) solutions, announced today the launch of its new product line. The launch coincides with the company’s sponsorship of the Association of Corporate Counsel (ACC) Annual Meeting which began today in Austin, Texas.
One of the longest-tenured players in the CLM marketplace, and one of the industry’s true pioneers, Contract Logix has reimaged and rearchitected their product line from the ground up, utilizing the most modern, state-of-the-art technologies in the process. Designed with ease-of-use and maximizing user adoption in mind, the new products leverage the company’s 12 years of experience helping businesses identify and minimize the amount of risk inherent in their contracts. The software helps professionals responsible for drafting, negotiating, approving, and managing contracts avoid:
- Missed Renewal & Expiration Dates
- Lack of Compliance and Governance
- Broken Contractual Obligations
- Unauthorized Data Access
“With the launch of our new product line we’ve leveraged what we’ve learned over our history to provide contract management software that’s extremely easy to adopt by everyday business users,” says Contract Logix CEO, Rick Ralston. “But more importantly we’ve leveraged everything we’ve learned over that time about mitigating contract risk and built it into these products that can be accessed anytime and anywhere via all of today’s modern browsers and devices. Around our office we like to say, ‘Your Risk Stops Here!’”
The world’s largest annual gathering of in-house and corporate counsel, the ACC Annual Meeting #ACCAM18 welcomes more than 3,000 attendees for 3 days of educational sessions, workshops, networking events, and exhibits by leading vendors serving the corporate counsel community. Contract Logix will be providing demonstrations of both its Express and Premium contract management software at its booth in the exhibit hall — #202.
“Contract management software is an important tool in the toolkit of businesses today, and for corporate counsel in particular,” according to ACC President and Chief Executive Officer, Veta T. Richardson. “It can increase the efficiency of the contracting process, extend the management of the contracting process beyond those in legal roles, and help reduce the amount of risk inherent in an organization’s contracts.”
The Express product provides a secure central repository to store and manage data on contracts, contacts, and organizations, as well as all the documents associated with them. It also enables tasks and reminder alerts, so companies never miss an important contractual deadline, as well as reports and dashboards to keep track of contracts.
The Premium product provides all the capabilities and benefits of Express, plus complete contract lifecycle management, including: contract authoring, negotiation/redlining, approvals, and execution. It even allows users without full system access to request or submit contracts. Finally, it offers powerful reports and dashboards to help analyze the performance of a company’s contracting processes.