Los Angeles based medical and health sciences institution to deploy iContracts Universal Contract Manager
Raritan, NJ – December 9, 2014 – iContracts, a leading provider of solutions for managing corporate contracts, commitments and compliance today announced that Charles R. Drew University of Medicine and Science (CDU), located in the Watts-Willowbrook area of South Los Angeles, has selected iContracts’ Universal Contract Manager (UCM) to effectively manage contracts, improve visibility, control access and measure performance. Charles R. Drew University will utilize iContracts UCM to maintain a variety of contracts and agreements throughout the University.
Charles R. Drew University has experienced tremendous growth over the past several years. Like many universities, CDU has been managing contracts through a combination of manual processes and an in-house system with limited functionality. This approach does not provide the centralized repository, reporting, workflow, contract authoring, audit documentation or notification functions that the University desperately needed.
“CDU was searching for a system that would centralize key contracts and provide workflow capabilities,” commented John Geraghty, Acting Chief Financial Officer for Charles R. Drew University. “Universal Contract Manager was the best choice to improve specific contract management processes, including our time management and operating efficiencies. We look forward to a successful implementation and quickly realizing substantial benefits.”
iContracts Universal Contract Manager is cloud-based, requiring no investment in facilities, hardware, software or related costs. All aspects of a contract’s lifecycle, including contract creation, monitoring of key milestones and compliance can be managed by iContracts UCM.
“iContracts is pleased to welcome a diverse medical and health sciences institution such as Charles R. Drew University, to our rapidly growing family of higher education clients, commented Leigh Powell, Chief Executive Officer of iContracts. “The need for contract management solutions in the higher education market continues to grow as we engage with institutions of all types and sizes across the country. Charles R. Drew is widely recognized for its commitment to excellent health and wellness for all persons, peoples and communities. We are proud of our new affiliation with a leader such as CDU and look forward to playing a small part in their continued success.”
About iContracts
iContracts’ goal is simple – to deliver better solutions for managing contracts that are faster, easier and less expensive to implement. This mantra is reflected in everything we do. Powered by a Simplified Common User Interface (SCUI) that makes every user an “expert” by understanding a few core concepts, iContracts solutions are backed by the most highly evolved cloud-based architecture in the industry, built by technologists with extensive contract management experience. iContracts comprehensive suite of solutions revolutionize how organizations think about and manage all aspects of a company’s contract management process, transforming it from an unwieldy collection of spreadsheets, customer applications, filing cabinets, and scattered electronic directories to a powerful tool that aligns strategy with execution, while simultaneously insuring greater visibility into commitments and the ability of companies to support growing needs for regulatory reporting and audits. Our solutions are enterprise-class and can be quickly and easily integrated with any off-the-shelf or custom system to meet exacting business requirements without the army of consultants and endless fees associated with other products and providers.
About Charles R. Drew University
CDU is a private, nonprofit, nonsectarian, medical and health sciences institution. Located in the Watts-Willowbrook area of South Los Angeles, CDU has graduated more than 550 medical doctors, 2,700 post-graduate physicians, more than 1,200 physician assistants, 450 nurses and hundreds of other health professionals. CDU’s mission is to conduct education, research and clinical services in the context of community engagement to train health professionals who promote wellness, provide care with excellence and compassion, and transform the health of underserved communities. For more information, visit www.cdrewu.edu.