Increased Efficiency is on the Horizon for Three Distinct Companies 

CLM Matrix helps three clients standardize, streamline and achieve efficiencies.

Dallas, Texas, USA, February 1, 2010 — CLM Matrix has recently signed agreements with three national companies to help increase their business efficiencies through superior contract lifecycle management. The diversity of industries shows the strength, flexibility, and robustness of CLM Matrix’s products. CLM Matrix is solving problems for:

·         A leading independent hotel investment and management firm that currently operates over 50 hotels in 17 states. Their goal was to improve operational performance by understanding the true value of each of their properties and conduct more efficient and effective negotiations via the contract process. The implementation of Matrix-Fast Track gave them a repository to store and manage their existing agreements. They also wanted to streamline and tighten-up the governing rights and obligations associated with each agreement.

·         A large US university selected Matrix-Enterprise to streamline their healthcare studies program. The program facilitates and supports collaborative relationships among faculty and researchers. These collaborative activities increase communication among policymakers, state agencies, and others with the goal of improving healthcare delivery in their state. The Matrix-Enterprise solution will help manage the various relationships involved: physicians, suppliers, stakeholders, faculty, policymakers, etc. Because the Matrix software works with the Microsoft platform, the quick installation and ease of use has been especially beneficial.

·         One of the world’s largest insurance brokerage and risk management services firms, providing a full range of retail and wholesale property/casualty brokerage and alternative risk transfer services globally. This firm selected Matrix-Enterprise to standardize their contract process. Because they do business in several states/countries, the implementation of the legal library ensures the correct language terms are included in all new agreements. The entire suite of Matrix features allows the process to speed up significantly and they are particularly pleased with the workflow ability to handle third party agreements for review and approval.

“Organizations are really looking hard at ways to be and stay efficient,” says Tim Sparks, CLM Matrix CEO. “No one is immune from having to find ways to do more with less. Companies are thrilled when they learn our software is built on the Microsoft Office Suite. They know this means less downtime for learning, less implementation cost and higher efficiencies.”

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.