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Dallas, Texas, USA, March 16, 2009 — A preeminent Canadian-based global property owner, manager, developer and investor, chooses Matrix – Fast Track to strengthen their business intelligence and become even more focused and profitable with their regional and super regional shopping destinations. With properties throughout North America, Latin America, Europe and Asia, this developer needed a systematic approach to the numerous customer portfolio interactions they encounter daily.

CLM Matrix was able to quickly install their Matrix – Fast Track software giving them a central repository and a way to capture key terms and conditions that are standard elements to their major contracts.   “The amount of business intelligence they can now extract is significant.” said CLM Matrix CEO, Tim Sparks. “Within a matter of weeks they were up and running on this software and as a result, making better business decisions.”  

 

Matrix - Fast Track is a fully scalable, enterprise class solution that provides advanced contract management functionality. Matrix - Fast Track is for organizations that manage contracts that are either created outside the system or are mostly managing third party contracts. It differs from the Matrix Enterprise solution in that it does not include the SmartContract document creation capability.

 

• Automated, collaborative workflow for approvals, notifications and reminders. • Dynamic, rules-based and policy-driven contract modeling for requests.
• SQL-based digital, historical contract summaries of information pulled directly from contract Word document for quick research.
• A role-based contract monitoring and tracking portal.
• Advanced SQL reporting capabilities for contract trend, performance, compliance governance analysis.
• Rules-based smart system allows organizations to capture, manage and apply analytical findings for continuous improvement of analysis, interpretation and discovery thereby converting data to information and information to actionable items.
• A managed repository for storage of all contract and related documents with access based on user and role permissions. 
• A scalable environment from departmental to enterprise implementation.  

• 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