SOURCE: Selectica


October 13, 2014 08:30 ET

Selectica Enables More Enterprise Contract Lifecycle Management Success as Sponsor of IACCM Americas Forum 2014

SAN MATEO, CA--(Marketwired - Oct 13, 2014) - Selectica, Inc. (NASDAQ: SLTC)

News Summary
According to the International Association for Contract and Commercial Management (IACCM), contracts are the foundation of all business relationships; from key supplier agreements to strategic outsourcing arrangements; from licensing to revenue-generating sales agreements. Selectica supports IACCM's mission to enable public and private sector organizations and professionals to achieve world-class standards in their contracting and relationship management processes and skills.

News Facts
Selectica will moderate and support three speaking sessions including an executive boardroom luncheon, client case study, and roundtable discussion:

  • 2015 Readiness: Contract and Commercial Management Trends & Transformation Discussion. Speakers: Tim Cummins, President and CEO, IACCM; Patrick Stakenas, Chief Strategy Officer, Selectica; Bill DeMartino, VP Solution Strategy, Selectica; and Prashant Dubey, author of 'The Generalist Counsel' and CEO of The Sumati Group - October 14th at 12:30 PM CT

  • Transformation: Implementing a Strategic, Center-Led Contracting Support Team with an Enterprise Contract Lifecycle Management (ECLM) Approach. Speaker: Orryan Schriver, SCMP, Sr. Manager Procurement, Edmonton Northlands - October 15th at 1:35 PM CT

  • Roundtable 6; Information Systems/Knowledge Management: What does it take to do ECLM (Enterprise Contract Lifecycle Management) right, and how to get the most value out of an ECLM solution through analytics and improved visibility? Speaker: Constantine Limberakis, Director Product Marketing, Selectica - October 15th at 4:15 PM CT

Event information and registration:

Discuss on Twitter with #iaccmamericasforum and #SelecticaCLM hashtags

Supporting Quotes
"Market and business pressures are raising the profile of contract management. For many organizations, it remains one of the few unreformed processes and offers major opportunities to release bottom-line value," said Tim Cummins, President and CEO of IACCM. "Together, IACCM and Selectica are helping organizations to realize those opportunities."

"We needed to make sure our technology was able to keep up with our growth and our vision to provide best-in-class service and experiences to our clients, which is why we chose Selectica," said Orryan Schriver, SCMP, Sr. Manager Procurement, Edmonton Northlands. "I look forward to sharing our successes with IACCM attendees, lessons learned and key takeaways that can help them start their transformation to strategic, enterprise contract lifecycle management."

"The Executive Boardroom session focusing on Contract Management trends will be a fantastic, interactive way for attendees to weigh in on the increased role of the General Counsel in driving Contract Management," said Prashant Dubey, CEO of The Sumati Group. "We have seen a deliberate risk management and compliance theme emerge from the Office of General Counsel, which is driving their increased leadership of Contract Management."

"We look forward to participating in the IACCM Americas Forum 2014 with a number of activities during this one-of-a-kind event," said Patrick Stakenas, Chief Strategy Officer, Selectica. "This annual gathering of contract and commercial management leaders and practitioners represents the key, contract management challenges facing large enterprises, today. Selectica solution experts will be on-hand to help attendees understand and address contract lifecycle management related issues and opportunities as attendees make final preparations for 2015 execution."

Supporting Resources

About Selectica, Inc.
Selectica, Inc. (NASDAQ: SLTC) provides a platform for enterprises worldwide to create, manage, and optimize business relationships with contracts at the core. Selectica helps global companies actively manage their contracts throughout the sales, procurement and legal life cycles. Selectica's contract management solutions drive business value by assisting organizations in managing contracts profitably, effectively accelerating revenue opportunities, and minimizing risk through compliance. Through Iasta, a Selectica company, we provide leading strategic sourcing and spend management solutions, dedicated to empowering sourcing and purchasing professionals. Our blend of acclaimed software and services focus on improving spend analysis, procurement intelligence, sourcing, and supplier lifecycle management. Our solutions play a critical role in optimizing business relationships by enhancing supply base insights, improving supplier collaboration and reducing the supply chain risks vital to today's globally-minded enterprise. Selectica also provides a powerful configuration engine, enabling Fortune 500 companies to accelerate revenue by facilitating the optimization of the right combination of products, services, and price. More information: and

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