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Ratings and Reviews 0 Ratings
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What is Komtrakt?
Komtrakt, developed by Lexplosion Solutions, serves as an all-in-one software platform for managing contracts, designed to enhance the entire lifecycle of contracts through efficient workflows and timely analytics. This innovative tool features an extensive range of functions, such as a web-based contract repository that is organized hierarchically, version management, proactive alerts, and monitoring of obligations, while also allowing multiple users to collaboratively review documents in real-time. Furthermore, users have the flexibility to create and edit contracts both online and offline, and the software incorporates auto-archiving, detailed reporting capabilities, along with a robust search feature to quickly find contract information. By centralizing the storage of contracts and reducing the time required prior to execution, as well as effectively tracking crucial milestones, Komtrakt helps organizations mitigate risks associated with contracts and enhance their governance frameworks. It also facilitates the tracking, escalation, and reporting of contractual obligations and internal duties, positioning it as an essential asset for any business aiming to improve its contract management processes. Moreover, the software’s ability to search through any text within contract documents significantly boosts its usability and overall efficiency, making it an indispensable tool for organizations striving for operational excellence.
What is CLM Matrix?
CLM Matrix provides an intuitive contract lifecycle management solution that allows organizations to manage their contract processes securely and efficiently, resulting in improved business performance. Its fully customizable platform is designed with a modern user interface that encourages high rates of user adoption while minimizing the need for extensive training. The system establishes consistent contract storage practices through a well-organized and easily searchable central repository. By enabling rapid and compliant contract creation using pre-approved legal language, it reduces the workload for legal teams. This solution effectively minimizes negotiation bottlenecks and speeds up revenue generation through automated workflows and clear status updates. Furthermore, it enhances the management of contracts after execution by offering actionable insights and timely alerts. The contemporary user experience not only boosts productivity but also fosters greater user engagement, making navigation straightforward. With its visual design tools, users can effortlessly create, adjust, and customize workflows and policies to meet their unique requirements. Ultimately, CLM Matrix empowers businesses to optimize their contract processes, resulting in heightened efficiency and effectiveness, alongside a significant reduction in administrative burdens. This comprehensive approach ensures that organizations can focus on their core objectives while managing contracts seamlessly.
Integrations Supported
Microsoft Word
API Availability
Has API
API Availability
Has API
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Company Facts
Organization Name
Lexplosion Solutions
Date Founded
2007
Company Location
India
Company Website
lexplosion.in/products-services/contracts/komtrakt/
Company Facts
Organization Name
Wolters Kluwer
Date Founded
1836
Company Location
Netherlands
Company Website
www.wolterskluwer.com/en/solutions/enterprise-legal-management/clm-matrix
Categories and Features
Contract Management
Buy Side (Suppliers)
Completion Tracking
Compliance Tracking
Contract Lifecycle Management
Electronic Signature
Full Text Search
Government Contracts
Pre-built Templates
Sell Side (Customers)
Specialty Contracts
Version Control
Workflow Management
Categories and Features
Contract Management
Buy Side (Suppliers)
Completion Tracking
Compliance Tracking
Contract Lifecycle Management
Electronic Signature
Full Text Search
Government Contracts
Pre-built Templates
Sell Side (Customers)
Specialty Contracts
Version Control
Workflow Management