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Microsoft SharePoint and CLM Matrix
 

Introducing CLM Matrix BLOG!!

CLM Matrix is now providing interesting and relevant points of view on the CLM marketplace in our blog post. Check out the new information  there along with the our customer and partner forum site. All of tis information is provided the help you get More Share for SharePoint and solve your contract management challenges.
 
More about CLM Matrix V7.3.3

 

 
Key Differentiators: Key Features:


Matrix - Enterprise is a wizard-driven, policy-based contract creation and workflow approval system designed to dynamically build both standard and custom configured contracts based upon pre-defined business rules. The product is fully configurable without programming which allows organizations to work the way they want to work using Microsoft’s ubiquitous Office productivity tools.

  • Built upon Microsoft Office and Sharepoint Server 2007
  • Out-of-box serial, parallel and circular workflow
  • Role-based contract portals for monitoring and tracking
  • Advanced SQL reporting capabilities for trending and performance comparisons
  • Enhanced user adoption and reduced training needs

Four Key Components to a Matrix Software solution:

Policy Based Rules Engine
   
The entire Matrix Software solution can be configured to match your organization's unique contract initiation, creation, negotiation, and execution processes through a comprehensive set of wizards. Implementation is fast, requires no development and little training because the result is familiar and intuitive.
 
    Standardize. Streamline. Automate.

    (1) Your Work Elements: Matrix - Enterprise takes the individual components (e.g. people, processes, policies and data) that are used to create contractual relationships and integrates them in a collaborative workflow environment.
      
    (2) Your Process Workflow: All business process flows are somewhat unique. Matrix - Enterprise provides standard workflow phases and execution steps that you can use to model your unique contract management process.

    (3) Your Wizard Configurations:  Matrix - Enterprise is a dynamic expert system that is highly configurable to your business rules, policies and procedures. The system can be configured “on the fly” without IT hard coding.
       
    (4) Your Microsoft Investment:  Matrix - Enterprise is 100% built upon the Microsoft Office SharePoint Server technology platform, which allows you to leverage your exisiting investment without end-users having to learn new technologies.  

     

    What Problem does Matrix - Enterprise solve?

    If your company is experiencing any or all of these business challenges, then our Matrix Software is the right solution for you:
    Will It Work for Me?
    • Unstructured and unscalable business processes.
    • Lack of enterprise-class solution architecture.
    • The inability to manage rights and obligations.
    • Difficulty managing contracts as corporate records.
    • Lack of visibility and audit ability of complex contractual relationships.
    These business inefficiencies manifest themselves across Sales, Legal, Finance, R&D and IT organizations. This reality further validates the need for Matrix Software and SharePoint’s collaborative, rules-based capabilities.
    What's the long-term impact? How will I benefit in the end?
    A successful Matrix Software implementation allows companies to
    1. achieve greater process efficiency, 
    2. establish auditable business controls, &
    3. gain visiblity into contractual rights and obligations.
    Achieving these goals allow companies to
    1. enhance operating margins,
    2. reduce regulatory compliance risks &
    3. expand revenue opportunities. 
    		Matrix Software customers often realize the following benefits:
    • Faster contract negotiations and approvals.
    • Reduced risks through control of contract language.
    • Enhanced audit capabilities to govern business, legal and financial exposure.
    • Ability to better manage multi-year obligations, expiration dates and event triggers.

    How To Get Started:

    Document your Contract Management Process:How To Get Started
    Our system adapts to the way YOU want to work, which starts with clearly understanding and documenting your contract management process. Our Matrix Software solution has been developed with process best practices for a number of industries including healthcare, insurance, financial services, entertainment, energy and high technology. Our process consultants work with your business stakeholders to document the key process phases, steps, and activities that drive the key business rules that are used to configure workflow approvals and governance.
    Validate Key Business Rules... Configure the System...

    For some companies, documenting the end-to-end contract management process is an eye-opening experience!! Many undefined business rules and policies are uncovered during the process that serves as the key to configuring the dynamic rules-based wizards. These wizards function as the behind the scenes “brains” to implement policy-based governance and compliance and can accommodate complex and compound rules configurations.
    The final step is to populate the Matrix Software wizards with the defined business rules and to configure the “legal library” that contains the standard and non-standard clauses used to build a contractual document. We subscribe to a clause-driven paradigm instead of template driven contract creation to enable speed and agility in custom contract negotiations.
    Articles Case Studies

     

    Mitigating Risks with CLM Matrix

    With the size and complexity of business today, the risks go much further than natural disasters. Contracts typically contain multiple terms and conditions that trigger cost penalties and potential liabilities, while Sarbanes-Oxley and other compliance initiatives have all but inserted government rules into contractual promises.

    More Articles

     

    1. High Technology Software Developer
    “This solution automates and formalizes what was previously done informally and under time pressure. This should give us excellent prospects for growth.” ~ Jeremy Aber, Senior Legal Counsel for Licensing, BMC Software
     
    Leading Technology Solutions and Service Company Driving Toward a 50% Reduction in Contract Cycle Time, Redeploying Resources to Drive Revenue Growth.
     
     
     

    Automating your specific process is just the first step, but it's more than that - it's having the ability to change your processes as your business needs change and evolve - in real time.

    Isn't it time you applied agility and flexibility to your business processes?


    Pharmaceuticals Healthcare Media & Entertainment High Technology Energy
      Contact us below to
    learn more about how CLM Matrix products & services leverage the Microsoft Technology Platform