New York based Hospital to deploy iContracts Universal Contract Manager
Raritan, NJ – January 13, 2015 – iContracts, a leading provider of solutions for managing corporate contracts, commitments, and compliance today announced that a New York based medical center has selected iContracts “Universal Contract Manager” (UCM) to effectively manage contracts, improve visibility, control access, and measure performance. The hospital will utilize iContracts UCM to streamline all aspects of contract management and compliance.
The not-for-profit, acute-care medical center, provides quality care to the residents of upstate New York. The staff is currently managing thousands of contracts and associated documents manually in a database system. As the hospital grew, their need for an extensive contract lifecycle management system became apparent.
“Managing and tracking large quantities of contracts and associated information in a rapidly growing environment can be a challenge for any organization,” commented Leigh Powell, Chief Executive Officer of iContracts. “Like most institutions who have the opportunity to evaluate UCM, we believe this leading hospital recognizes the value contract management adds to their operations and trusted iContracts to deliver for this important initiative. We look forward to working closely with their team and forging a long lasting relationship.”
iContract’s Universal Contract Manager is cloud-based, thus requiring no investment in facilities, hardware, software or related costs. All aspects of a hospital’s contract management lifecycle, including contract creation, monitoring of key milestones, collaborating, creating reports and tracking compliance can be managed by iContracts UCM.
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.