SOURCE: Apttus


December 03, 2013 09:00 ET

NXP Semiconductors N.V. Automates Contract Lifecycle Management (CLM) in the Cloud With Apttus Solutions

Deployment of Apttus Contract Management Suite Results in Decrease of Contract Processing Time With Increased Visibility and Control Over the Entire CLM Process

SAN MATEO, CA--(Marketwired - Dec 3, 2013) - Apttus, the category-defining Quote-to-Cash solution provider, today announced that NXP Semiconductors, a global leader in design and manufacturing of solutions that enable secure connections for a smarter world, has deployed the Apttus Contract Management Suite. The successful rollout of the Apttus Contract Management application has resulted in more effective risk management through increased visibility and control over the entire process.

"The flexibility and advanced functionality of Apttus' applications gives us the ability to grow and expand our solution now and in the future," said Charles Smit, General Counsel EMEA at NXP Semiconductors. "For example, the ability to complete contract approvals by means of smart phones has greatly helped the broad acceptance of our contract management system in our company."

"We are committed to customer excellence and are pleased to see such outstanding results for global leader NXP," said Kirk Krappe CEO of Apttus. "The flexibility of Apttus solutions combined with innovations in usability delivers a high rate of user adoption, both critical for successful application deployment today and in the future."

About Contract Management
The Apttus Contract Management Suite streamlines contract processes, from request, authoring, negotiation and approval through ongoing obligations management, analysis, reporting and renewals. Additionally with Apttus X-Author applications, users can remain in familiar Microsoft Office with all activity in documents and Outlook preserved and controlled by Salesforce. Legal teams working in Microsoft Word can continue to do so with real-time access to clause libraries and approved language. All approvals, redlines and document activity is seamlessly captured and controlled during the entire process. Customers employing the Apttus Contract Management Suite benefit from a dramatic decrease in contract processing time as well as a significant improvement in the ability to monitor and control document activity and legal compliance. 

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About Apttus

Apttus delivers Quote-to-Cash, category-defining software that drives the vital business process between the buyer's interest in a purchase and the realization of revenue. Apttus is delivered on the Salesforce Platform, the world's most trusted and comprehensive cloud delivery infrastructure. Applications include Configure-Price-Quote (CPQ), Proposal Management, Renewals, Contract Management and Revenue Management. Additionally, Apttus' patent pending X-Author technology enables Microsoft Office to be a user-interface with full interaction and control between Salesforce and Microsoft Office. Apttus is based in San Mateo, California, with additional offices in London, UK and Ahmedabad, India. For more information visit:

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