Identify three (3) tools, currently available in the market, which automate the contract preparation process. Summarize an overview of each tool as well as the pluses and minuses of each tool into an executive level. Finalize your report to with a recommendation of a specific tool among the ones that you reviewed/examined.
This memo outlines the review of three Automated Contract Management systems and the recommendation of the best Automated Contract Management system. An examination of Novatus Contracts, Selectica CLM and Contract Analyst follows.
Novatus Contracts is software created by Novatus. The Contract system provides lifecycle management software in the following countries: United States, Asia, Asia Pacific and Europe, the Middle East and Africa. The Contract management, paperless contracting and eSignature. The software allows management of the entire system throughout the entire organization. The software is very easy to use. The software is easy to deploy. The senior consultants that deploy the software have installed average 60 - 100 software deployments. The Novatus has an Online Contract Negotiation Portal that secure and a collaborative workspace. Novatus has a reputation of providing exemplary customer service. The software platforms are Windows, Web Based, Mac, Open Source, Linux/Unix and Other. ...
The solution identifies three automated contract preparation tools.