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CLM Matrix - Contract Lifecycle Management Using Microsoft SharePoint 2007


30-Jun-09 12:15 PM  CST

Microsoft® Tier 1 Partner Eliminates Administrative Clog 

C-Lutions announces that it has changed its name to CLM Matrix. 

Tim Sparks, Chief Executive Officer, made the announcement earlier this month and will debut the new name and website at the upcoming Microsoft Worldwide Partner Conference July 13 – 16, 2009.
 

Dallas, Texas, USA, June 29, 2009 — In today’s sales scarce, cash flow thirsty economy, companies are searching internally for ways to alleviate performance pressure. And, nothing can clog up a system faster than a complex contract. Think about this — the typical Fortune 1000 company maintains 20,000 to 40,000 active contracts at any given time.*

Long Gone Are The Days Of Business By Handshake

Today when companies make commitments and promises, they do so through contracts. The range of stakeholder groups managing these commitments can be staggering, resulting in a very complex decision-making matrix. The process can get bureaucratic in a hurry resulting in unwanted delays, poor management visibility, and transactional decisions that lead to underperforming results. The necessary interaction between sales, marketing, legal, and accounting to execute and manage these agreements is burdensome to say the least. One can quickly see how easily the workflow can get clogged.

CLM Matrix Provides Relief

Clients of Houston based CLM Matrix are finding some much needed relief through their robust and easy to implement contract lifecycle management software. CLM Matrix is well known in the Pharmaceutical, Healthcare, Energy, High Technology and Entertainment industries for providing quick implementation and user-friendly software. Business and IT Managers are supportive of the product because no hard coded development is needed. The product’s Wizard functionality is intuitive and allows users to easily add the necessary business rules, and policies required to manage even the most complicated contracts.

CLM Matrix’s contract lifecycle management software is the only tool that is 100% exclusive to the Microsoft Platform and because so many corporations are already familiar with the platform, this reduces training and integration time and costs significantly.

Sparks stated, “The recession is actually forcing larger companies to fine tune their internal structures and become more efficient. One of the gems they are discovering is Microsoft’s SharePoint Server®. This is a powerful collaboration tool and our software really brings it to life by standardizing and automating the contract management process. Our Matrix Enterprise software adds 26 functions to the SharePoint platform, making contract management far more manageable. Because of the increased importance being placed on managing contracts more efficiently, we changed our name to more clearly reflect our expertise in contract lifecycle management.”
 

 

About CLM Matrix (formerly C-Lutions):

CLM Matrix, the Contract Lifecycle Management solution built on the Microsoft Office Suite, is an end-to-end solution to address the creation, negotiation and administration for both buy-side and sell-side contracts.  The company’s Matrix Software solutions provide full lifecycle capabilities from initial request and negotiation to contract closure and monitoring with automated workflow approvals and alerts along the way. The solution delivers significant value by:

  • Reducing time and expense while simplifying the creation of new contracts
  • Expediting the negotiation of complex contracts
  • Reducing the overall expense associated to manage contract compliance
  • Shortening the timeframe to contract closure... ensuring faster access to revenue streams.

To learn more about CLM Matrix please visit www.clmmatrix.com or call us toll free at 800-961-6534

 

2009 Microsoft Worldwide Partner Conference

The Microsoft Worldwide Partner Conference (WPC) is an annual gathering that provides the partner community with a forum to learn about the latest Microsoft programs, strategies, and cutting-edge technologies. Connect with thousands of decision-making partners and Microsoft executives —and prepare to take advantage of new business opportunities, innovative solutions, and overall new business development strategies. Everything you need to succeed in an ever-changing economy.

More information about Microsoft Office SharePoint Server 2007 and how businesses are using it today can be found at http://www.microsoft.com/sharepoint.

Founded in 1975, Microsoft (Nasdaq “MSFT”) is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

Note to editors: If you are interested in viewing additional information on Microsoft, please visit the Microsoft Web page at http://www.microsoft.com/presspass on Microsoft’s corporate information pages. Web links, telephone numbers and titles were correct at time of publication, but may since have changed. For additional assistance, journalists and analysts may contact Microsoft’s Rapid Response Team or other appropriate contacts listed at http://www.microsoft.com/presspass/contactpr.mspx.

* Institute for Supply Management.



 

For additional information on this release, please contact:
Darrin Poole
Phone: (713) 849-0501
Email:
 
Source: CLM Matrix  
Website: http://www.clmmatrix.com
 

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Tags: CLM Contract Management Microsoft Sharepoint
 
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