CLM Matrix’s Contract Lifecycle Management Software harnesses the power of SharePoint 2010; providing efficiency solutions which will also spur growth in Microsoft’s 2010 Business Productivity platform.

Dallas, Texas, USA, July 27, 2010 — Back from the 2010 Microsoft Partner Conference in Washington, DC, CLM Matrix stands ready to help Microsoft achieve its goal of moving clients from Office ’07 and ’03 to the new 2010 platform. 

At the conference, Microsoft COO Kevin Turner announced that 63% of Microsoft’s global desktop users were still using Microsoft Office ’03 or earlier versions. This leaves tremendous opportunity for companies around the world to significantly improve efficiencies. 

Efficiency experts like CLM Matrix can’t wait to help clients harness all that power. “As a technology company, I understand the trepidation of upgrading software. But when we see the power of upgraded functionality like we’re seeing with this new 2010 platform, then it’s time to take off the brakes and embrace the upgrade,” says Tim Sparks, CLM Matrix CEO. “And, while our solution works well on the early versions, the added horsepower you get with CLM Matrix and Office 2010 will really get you moving and poised for unexpected profits.”

Driven by increasingly complex transactions, contract lifecycle management is an area that is getting more and more attention. Functional leaders of Procurement, Sales, Finance and Legal departments need to have visibility into the contract process. Handshakes and contracts stuffed in file folders or entered onto spreadsheets are costing companies untold profit and risk.

As the leading contract lifecycle management company built on the Microsoft Office Suite, CLM Matrix is providing these companies a very efficient alternative and a strong business justification to upgrade to the Office 2010 Platform.

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.