SOURCE: Selectica


April 08, 2014 10:00 ET

Selectica Announces Contract Lifecycle Management Enhancements to Streamline and Empower Enterprises for Growth

Advanced DocuSign and Salesforce Integrations and New Contract Tools Improve Contract Management Effectiveness, Risk Mitigation, and ROI for General Counsels, Procurement Leaders, Sales and IT Teams

SAN MATEO, CA--(Marketwired - Apr 8, 2014) - Selectica, Inc. (NASDAQ: SLTC)

News Summary
C-Suite leaders and their teams need to control risk, create opportunities, and deliver business value. Selectica's Contract Lifecycle Management (CLM) version 6 release includes advanced DocuSign® and Salesforce® integrations, new contract packages, and a variety of customer experience enhancements to improve contracting effectiveness, compliance management, and monetization of contract lifecycles.

News Facts

  • Enhanced integration with DocuSign provides a complete suite of Digital Transaction Management (DTM) platform capabilities in one, out-of-the-box solution. With Selectica's advanced integration for DocuSign, customers can rely on one-click access to all DocuSign DTM functionality from within Selectica CLM.

  • Integration with Salesforce enables users to work with contracts from within their Salesforce instance; enabling seamless end-to-end data flow between the two systems.

  • Wide variety of customer experience enhancements include: improved search with in-app Navigation Composer and filtering tool; faster navigation and improved UI with new button and page layout; new messaging alerts that enable users to set-up alerts and triggers based on contract lifecycle activities and obligations.

  • Added support for Microsoft Office® 2013 and Internet Explorer® 10.

  • Contract packages enable users to create and version multiple contracts with a variety of templates and tools to check-out, check-in, and compare documents simultaneously. 

Supporting Quotes
"Simply put, all enterprises are built on contracts," said Blaine Mathieu, CEO of Selectica. "Selectica Contract Lifecycle Management (CLM) enables C-Suite leaders and their teams to more effectively leverage their contracts to grow and sustain successful businesses."

"We are pleased to have Selectica integrate DocuSign's Digital Transaction Management platform into their contract management solution to help customers keep the entire contract lifecycle completely digital," said Grant Peterson, CTO & VP of Engineering at DocuSign. "This integration will help customers achieve dramatic ROI, increase security and compliance, and delight their customers with 100% fully digital transactions."

"CLM solutions can deliver significant benefits to organizations by eliminating the risk of penalties, lost revenue, lost brand, lost savings or lost opportunity through poorly administered or lost contracts," said Nigel Montgomery, Research Director at Gartner, Inc.

Supporting Resources

About Selectica, Inc.
Selectica, Inc. (NASDAQ: SLTC) is a leading provider of enterprise contract management and configuration solutions. Since 1996, Selectica helps global companies actively manage their contracts throughout the sales, procurement and legal life cycle. Selectica's Contract Management Solutions drive business value by assisting organizations in managing contracts profitably, effectively accelerating revenue opportunities, and minimizing risk through compliance. Our patented technology enables customers across a myriad of industries including high-tech, telecommunications, manufacturing, healthcare, and financial services to accelerate and streamline both contract management and sales processes. Selectica also provides the most powerful Configuration Engine, enabling Fortune 500 companies to accelerate revenue by ensuring the right combination of products, services, and price is offered every single time.

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