8-Jan-10 10:00 AM CST

Microsoft Contract Management company provides new data integration features

CLM Matrix introduces release 7.4 — providing enhanced data integration capabilities.

Dallas, Texas, USA, August 14, 2009 — CLM Matrix has introduced their latest Matrix Software release 7.4. This release has wizard based functionality allowing easy integration with other “best of breed” software systems — thus eliminating duplication and errors.

CLM Matrix is one of the fastest growing niche software companies focusing on efficiencies in contract lifecycle management. Without having to spend days, weeks or months of IT collaboration, this new release easily integrates with a company’s other systems such as sales, CRM, accounting or delivery.

“Many of our clients are large companies with a variety of legacy systems. We needed to find a way to help them tie it all together. We cringe when we see duplication of data and processes. It wastes so much time and is prone to error,” said Bill Pugh, President of CLM Matrix. “Our goal is to squeeze out every ounce of inefficiency while at the same time, create a standardized contract procedure that exceeds all compliance expectations and needs.”

In addition to this wizard based integration feature, CLM Matrix is also planning a full version release, Version 8, in the first half of 2010. Highlights of this version include:

· Enhanced Reporting Capabilities — standardized major reports configured specifically for individual client needs.

· Enhanced Calculation Features — the ability to perform various contract valuation functions. Clients will know the full value of a master and any amended contracts with a touch of a button.

· Enhanced user experience and interface - improving the look/feel and intuitive nature of the product.

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.

For additional information on this release, please contact:

Darrin Poole

Phone: (713) 849-0501

Email:

Source: CLM Matrix

Website: http://www.clmmatrix.com