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What is Newgen Contract Lifecycle Management?

Optimize and automate the entire contract lifecycle, encompassing initiation, drafting, negotiation, execution, and expiration phases. This strategy will afford your organization total visibility over all contracts, leading to improved compliance, minimized risks, and increased employee efficiency. Leverage our automation tools for smarter contract drafting and diligent tracking of contract details. Implement streamlined workflows for key processes like contract creation, review, registration, renewal, termination, and modification requests. Evaluate results from public spending to guarantee that payments correspond with established performance indicators. An escalation matrix, seamlessly integrated from the client’s active directory, will clearly define the escalation hierarchy. Moreover, maintain a comprehensive clause repository that captures vital information on contract clauses, including clause ID, name, and textual content, to support effective contract management. This all-encompassing strategy not only boosts operational productivity but also ensures all stakeholders remain informed throughout every stage of the contract lifecycle, facilitating collaboration and accountability. In doing so, your organization will be better positioned to manage contracts effectively and drive overall success.

What is EraCLM?

EraCLM provides organizations with a cutting-edge, all-encompassing contract lifecycle management solution that enhances analytics, accelerating decision-making and decreasing the time required to finalize agreements, which in turn accelerates revenue generation, boosts savings, and improves overall efficiency. With Mitratech's EraCLM, cumbersome and inefficient contract management processes are transformed into significant business assets that contribute to profitability. By adopting EraCLM, users can leverage a collaborative platform that simplifies contract-related tasks, delivers critical analytics for negotiation purposes, automates the creation of documents, and enhances workflow automation, all presented through an intuitive and modern interface. Legal and business professionals at the forefront of innovation are empowered to work more effectively and efficiently thanks to the comprehensive features of EraCLM. This robust tool offers enterprise-level, real-time insights that allow organizations to capitalize on opportunities while managing risks adeptly, thus cultivating a more agile and responsive organizational landscape. Furthermore, EraCLM's ability to integrate with existing systems ensures a seamless transition and maximizes the return on investment for businesses looking to optimize their contract management processes.

Media

Media

Integrations Supported

Docskiff Smart Contract Analytics
Oracle CRM On Demand
SAP CRM

Integrations Supported

Docskiff Smart Contract Analytics
Oracle CRM On Demand
SAP CRM

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$25 per user per month
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

Newgen Software

Date Founded

1992

Company Location

United States

Company Website

newgensoft.com/solutions/enterprise-service-management/contract-lifecycle-management/

Company Facts

Organization Name

Mitratech

Date Founded

1987

Company Location

United States

Company Website

mitratech.com/products/eraclm/

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

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