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What is Ultria CLM?

Ultria CLM is an efficient, automated solution designed to manage contracts throughout their entire lifecycle, from initial creation to final execution and beyond. This all-encompassing system guarantees that various departments, such as procurement, sales, finance, and legal, can access a cohesive view of each contract, thereby improving contract utilization significantly. By facilitating large-scale management, Ultria CLM effectively reduces turnaround times, consolidates contract storage, minimizes risks, and boosts the overall return on contract assets. Many companies encounter challenges in managing their numerous contracts and related executions, which is where Ultria’s enterprise contract management software proves to be essential, as it centralizes storage, tracks compliance on multiple fronts, and speeds up contract processing. Additionally, Ultria CLM promotes a cooperative approach to contract management by bringing together departments like Sales, Legal, Procurement, and HR onto one platform, while also providing seamless integration with existing enterprise systems. This comprehensive strategy not only streamlines the contract process but also significantly improves communication and operational efficiency among all participating teams, ultimately leading to better decision-making and more strategic outcomes. As organizations increasingly prioritize integrated solutions, Ultria CLM positions itself as a key player in facilitating smoother contract management across diverse business functions.

What is Open Contract Manager (OCM)?

Open Contract Manager (OCM) is an open-source contract management solution built on the Alfresco platform, designed to help organizations create, evaluate, manage, and finalize agreements with vendors and suppliers. This adaptable platform can be implemented in the Cloud with a usage-based pricing model or installed on-premises via an Alfresco Enterprise Edition subscription, offering companies the necessary scalability and adaptability. For a major banking institution in Singapore, we crafted a customized Contract Management and Procurement system that greatly improved operational efficiency by integrating tax and legal regulations from over five Asian nations, supporting three languages, and achieving an impressive 70% decrease in total cost of ownership when compared to proprietary technology systems. Furthermore, we successfully transitioned more than 5000 legacy contracts using an automated migration tool, showcasing our technical capabilities. Our clients have experienced significant advantages from our expertise, which we detail in our extensive literature. Additionally, we provide a repository of components, frameworks, and products aimed at expediting deployments, helping organizations swiftly respond to their contract management requirements. Our goal is to empower businesses to optimize their contract processes, enhance efficiency, and ultimately drive better results in their operations. This commitment to excellence is reflected in the continuous improvements we strive to implement for our clients.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

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

Ultria

Date Founded

2012

Company Location

United States

Company Website

ultria.com/products/contract-lifecycle-management-software-clm-old

Company Facts

Organization Name

CIGNEX

Date Founded

2000

Company Location

United States

Company Website

www.cignex.com

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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