Contract Management In 1.5 Seconds! From CLM Matrix 

When your entire business is all about improving productivity, “speed of the leader” takes on a whole new meaning.

Dallas, Texas, USA, August 7, 2009 — We’ve all heard the mantra — “Do more with less.” It’s on the lips of every executive and business owner. In an economy like we’re seeing today, inefficiencies are being exposed like hemorrhaging wounds — critical, and in some cases, life threatening for the company. Products and services that help companies become more productive and efficient are the cure.

CLM Matrix is one such company. CLM Matrix’s contract lifecycle management solutions are getting a lot of attention from mid-market and enterprise level companies because they’re helping organizations get a handle on every aspect of the contract management process, including the myriad of business rules, decision rights, and deadlines that are involved.

“The life of a contract. In some cases it’s daunting,” says CLM Matrix President, Bill Pugh. “We often joke that an entire reality TV series could be created all about the life and journey of some of these contracts.”

Since CLM Matrix is in the business of enhancing performance, the company focuses its time and energy on improving the end-user experience. An example of their dedication can be seen in their Workflow Initiation capabilities. With their recent 7.3.5 release, it takes only 4 to 5 seconds to initiate a new contract workflow and 1.5 seconds to open an existing workflow — a nearly 70% performance improvement. It’s this kind of attention to detail that’s driving market demand for this Tier I ISV Partner and an increased focus from Microsoft®.

Since 94% of all global corporations have standardized on the Microsoft Office desktop, it only makes sense that CLM Matrix built solutions around what people are already familiar with. CLM Matrix’s contract lifecycle management software is the only tool that is 100% exclusive to the Microsoft Platform, which reduces training and integration time and costs significantly. Users can start opening workflows at a pace of 1.5 seconds and have the entire process seamlessly managed, which sets them on a path to achieving greater productivity and bottom line efficiency.

About CLM Matrix:

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 with managing 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.