Thanks to CLM Matrix, Contract Management Just Got Easier For 5 Companies Globally 

Dallas, Texas, USA, August 14, 2009 — CLM Matrix has recently signed agreements with five companies doing business around the world to solve their contract management problems. The diversity of industries shows the strength, flexibility, and robustness of CLM Matrix’s products. The company is solving problems for:

·         A Canadian utility company that owns and operates power facilities. They needed a repository to store and manage their existing agreements. In so doing, they also wanted to streamline and tighten-up the governing rights and obligations associated with each agreement. Within several weeks of contacting CLM, they were able to install and begin using the company’s Matrix-Fast Track software.

·         A global entertainment studio is now using CLM Matrix’s Matrix-Enterprise system to create licensing contracts with multiple production cast and crews. It’s not uncommon for them to have up to 175 optional clauses with various obligations related to each clause. The CLM system is able to monitor, alert and manage every aspect of the process.

·         A U.S. based subsidiary of one of the world’s leading oil producing and exporting companies is now using CLM Matrix’s Matrix-Enterprise system to automate the capture of standard metadata that governs future rights and obligations ensuring accuracy for their downstream systems.

·         A national financial services firm that operates as a broker between financial service companies and their clients. They selected the Matrix-Enterprise system to automate the entire contract lifecycle process for both buy-side and sell-side agreements.

·         A preeminent Canadian-based global property owner, manager, developer and investor needed a central repository to manage their contract processes. Utilizing the Matrix –Fast Trackproduct, they now have the business intelligence they need to better manage their bottom line.

“The main reason we can work with so many different industries and get our products installed and working so quickly is because our technology is built on the Microsoft Office Suite.” Says Bill Pugh, CLM Matrix President. “ Most corporations are already using Microsoft products so when they find out our system integrates so beautifully with theirs, the process goes quickly and smoothly. There are no sticky IT issues to work through and for the end-users, it’s simple — very little training is ever needed.”

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.