Executive Briefings

Selectica Issues New Version of Contract Lifecycle Management App

Selectica, a vendor of contract lifecycle management software, has made available its latest release.

According to the company, version 6.0 of Selectica CLM offers improved visibility and control over the contract-approval process, deeper contextual insight into the formation of each contract, and more customization opportunities. For electronic signatures, Selectica CLM now integrates with both EchoSign and DocuSign. A revamped user interface for the Composer tool helps administrators to write approvals rules by modeling complex logic with UI clicks, rather than coding. A log which can be viewed in the approvals stage includes a list of all significant contract events that transpired during the approvals process. A "Request More Information" feature allows approvers to ask anyone in the approvals workflow for additional details on a contract before approval, rejection or reassignment.

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According to the company, version 6.0 of Selectica CLM offers improved visibility and control over the contract-approval process, deeper contextual insight into the formation of each contract, and more customization opportunities. For electronic signatures, Selectica CLM now integrates with both EchoSign and DocuSign. A revamped user interface for the Composer tool helps administrators to write approvals rules by modeling complex logic with UI clicks, rather than coding. A log which can be viewed in the approvals stage includes a list of all significant contract events that transpired during the approvals process. A "Request More Information" feature allows approvers to ask anyone in the approvals workflow for additional details on a contract before approval, rejection or reassignment.

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