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CONTRACT MANAGEMENT

– Selectica CLM Review

Product Snapshot

Technology

Selectica CLM is a SaaS solution and requires no additional hardware for installation.

Customer Focus

Selectica works with mid-sized and enterprise clients.

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About Selectica CLM

- Selectica CLMSelectica Contract Lifecycle Management Software streamlines the entire contracting process so that you can easily find, create, sign and track your contracts. Creating contracts is easy in this system, because it’s as simple as answering some questions, choosing a template and adding pre-set clauses from a library. For negotiations, Selectica CLM tracks each change in Word and enables clients to sign with electronic signatures. After the contract is finalized, you can easily pull it up through the program’s robust search engine and filtering tools. Lastly, the program helps you enforce contract compliance by automatically sending messages when obligations, deadlines, and the like are not met.

About Selectica
Selectica was founded in 1996 and is headquartered in San Mateo, CA. The company launched its IPO in 2000 and is on NASDAQ as SLTC. Selectica’s programs are used by companies globally and are responsible for closing billions of dollars each year.

Selectica CLM Key Features

  • Contract management system
  • Creates contracts easily through a creation wizard, pre-set clauses, and form templates
  • Robust search and filtering tools help you go through your contract archive
  • Tracks each contract wording change in Word
  • Online signatures
  • Automatically generates alerts for contract obligation issues
  • Reports monitor contract fulfillment statuses
  • Accessible by mobile device
  • Integrates with most ERP, CRM, SRM, and BI systems

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