More than 200 companies benefit from power, flexibility of iContracts solutions
Raritan, NJ – June 10, 2014 – iContracts, a leading provider of solutions for managing corporate contracts, commitments, and compliance today announced metrics associated with the volume and performance of its cloud-based contract management solutions.
iContracts CEO A. Leigh Powell commented, “iContracts phenomenal growth has been fueled by a continued and relentless drive to deliver solutions that are easy-to-use, powerful, secure, and infinitely scalable. Currently, iContracts processes half a billion yearly transactions, approximately two million per day, supporting thousands of users including some of the largest companies in the world – all in an unrivaled cloud based environment where incremental processing resources can be deployed at a moment’s notice. There is no doubt that iContracts’ solutions lead the market by a wide margin in this arena.”
Some of the metrics and features associated with the iContracts cloud include:
- Half a billion yearly transactions processed
- Leverages Amazon’s AWS cloud infrastructure
- Scalable both vertically (ever faster servers) and horizontally (more servers)
- Backups of transaction and compliance data are 99.99% available and 99.999999999% durable
- No practical limit to the quantity of data clients can maintain
- Two Fortune 50 companies
- Two of the ten largest generic pharmaceutical manufacturers
- Over 200 total companies powered by iContracts
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. Our software is generations ahead of other solutions, powered by a Simplified Common User Interface (SCUI) that makes every user an “expert” by learning just two simple, reusable views and backed by the most highly evolved data architecture in the industry – built by technologists with considerable and unique experience in building contract management solutions. This deep understanding and straightforward approach shows in everything we do. iContracts comprehensive suite of solutions manages all aspects of a company’s contract management process. iContracts Universal Contract Manager (UCM) is revolutionizing how organizations think about the 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. For more information, please contact us.