Catholic University to deploy iContracts Universal Contract Manager
Raritan, NJ – March 19, 2014 – iContracts, a leading provider of solutions for managing corporate contracts, commitments and compliance today announced that Sacred Heart University (SHU), the second-largest Catholic University in New England, has selected iContracts’ Universal Contract Manager (UCM) to effectively manage contracts, improve visibility, control access and measure performance. SHU will utilize iContracts UCM to maintain a wide variety of contracts and agreements throughout the University.
Like many universities, Sacred Heart University has been managing contracts through a combination of spreadsheets and manual processes. The in-house system does not provide a centralized repository, workflow management, reporting or the capabilities to track departmental work for the University’s more than 2,000 active agreements.
“Sacred Heart’s commitment to strategic growth is at the forefront of the University’s priorities,” said Michael Larabina, general counsel for SHU. We look forward to implementing the software and realizing the organizational benefits it will provide.”
SHU was searching for a contract management system that required minimal assistance from the university’s IT department. 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.
Leigh Powell, chief executive officer of iContracts commented, “iContracts is pleased to welcome another leading university to our rapidly growing family of clients. Sacred Heart University is widely recognized for its commitment to not just education, but preparing students to live in and make their contributions to the human community. We are proud of our new affiliation with a leader such as SHU 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. 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. 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 visit www.icontracts.com.
About Sacred Heart University
Sacred Heart University, the second-largest independent Catholic university in New England, offers more than 50 undergraduate, graduate and doctoral programs on its main campus in Fairfield, Connecticut, and satellites in Connecticut, Luxembourg and Ireland. More than 6,000 students attend the University’s five colleges: Arts & Sciences; Health Professions; University College; the AACSB-accredited John F. (Jack) Welch College of Business; and the NCATE-accredited Isabelle Farrington College of Education. The Princeton Review includes SHU in its guides “Best 376 Colleges – 2012 Edition,” “Best in the Northeast” and “Best 294 Business Schools – 2012 Edition.” U.S. News & World Report ranks SHU among the best master’s universities in the North in its annual “America’s Best Colleges” publication. As one of just 23 institutions nationally, SHU is a member of the Association of American Colleges & Universities’ (AAC&U) Core Commitments Leadership Consortium, in recognition of its core, “The Human Journey.” SHU fields 31 division I athletic teams, and has an award-winning program of community service. For more information, please visit www.sacredheart.org.