California based Institution Implements iContracts Contract Management Solutions
Bridgewater, NJ – March 23, 2016 – iContracts, a leading provider of contract, compliance and revenue management solutions today announced that University of La Verne, a private not-for-profit university located 35 miles east of Los Angeles, has gone live with iContracts “Universal Contract Manager” (UCM), to effectively manage contracts, improve visibility, control access, and measure performance. The University of La Verne is utilizing iContracts UCM to streamline all aspects of contract management throughout the university.
The university had previously been managing contracts with a competitive solution lacking the robust features included in UCM such as a centralized repository, reporting, workflow, audit documentation, automated notifications, and many other capabilities that the university desperately needed. iContracts assisted in the migration of contracts and data from the existing system to Universal Contract Manager.
“The University of La Verne is pleased to have completed the implementation of iContracts Universal Contract Manager,” stated Debbie Deacy, Director of Purchasing, Procurement, and Recruiting at the University of La Verne. “UCM has already significantly improved our contract management processes and visibility even as we continue the process of converting legacy contracts and fine tune the configuration of the system to suit our needs.”
“We are gratified to have the University of La Verne as an iContracts client and successful user of Universal Contract Manager,” commented Leigh Powell, Chief Executive Officer of iContracts. “iContracts’ ability to consistently deliver on the promise of rapid implementation continues to drive our success in the higher education market as reflected by the accelerating pace of our new client additions. It was a pleasure to work with the team at La Verne on this important initiative and we look forward to further expanding our relationship in the years to come.”
The University of La Verne will utilize iContracts UCM as a software service over the web, thus requiring no investment in facilities, hardware, software, or related costs. All aspects of a university’s contract management lifecycle, including contract creation, monitoring of key milestones, and compliance can be managed by UCM. iContracts offers a competitive migration program for organizations who are thinking about making a change from their existing platform.
About iContracts
iContracts’ comprehensive suite of fully integrated cloud-based solutions helps companies improve collaboration, expand visibility, reduce costs, stop revenue leakage and optimize performance. 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 the University of La Verne
The University of La Verne is a 124 year old, independent, nonprofit, comprehensive, doctoral granting institution in Southern California with a strong emphasis on teaching excellence, community engagement and an increasing commitment to research and publication. The University is composed of the College of Arts and Sciences, College of Business and Public Management, College of Education and Organizational Leadership and College of Law.
Classified by Carnegie as a Community-Engaged University, La Verne offers high quality, liberal arts and professional degree programs at the undergraduate, graduate and doctoral levels to traditional-age and adult learners. The University has a federal designation as a Hispanic Serving Institution (HSI) with 40% of the student population identifying itself as Hispanic/Latino, 54% students of color, 10% international students and a large proportion first-generation college students. Two thirds of the students are working adults and nearly 50% are first generation students. All programs have high retention and graduation rates for underrepresented populations. La Verne has a strong commitment to diversity and places a high priority on creating an environment that supports the growth and success of underrepresented and underserved populations.
With over 8,500 total students enrolled, and over 700 faculty, U.S. News & World Report and Forbes Magazine recognize the University of La Verne as one of the nation’s top universities in two prominent annual rankings of America’s Best Colleges. The University’s online undergraduate programs are also ranked in the top 25 in the nation by U.S. News & World Report.
2020 VISION: A STRATEGIC PLAN
The University of La Verne is currently engaged in its new strategic plan, the “2020 Strategic Vision” (2020 Strategic Vision). The goal is to build the institution’s identity around educational excellence and is driven by four strategic initiatives and goals:
• Achieving Educational Excellence (curricular and co-curricular)
• Strengthening Human and Financial Resources
• Heightening Reputation, Visibility and Prominence
• Enhancing Facilities and Technology
The La Verne Experience is at the center of the University strategic plan that is focused on serving an ethnically and economically diverse student population, one that is representative of the demographics of Southern California and the future demographics of the nation. The La Verne Experience pedagogical features include learning communities, theory-to-practice, experiential learning, community engagement and reflective practice. For more information, visit www.laverne.edu.