Insurance and Investment Leader to Deploy Universal Contract Manager
Raritan, NJ – February 18, 2013 – iContracts, a leading provider of solutions for managing corporate contracts, commitments, and compliance today announced that Ullico, the only labor-owned insurance and investment company in the country, has selected iContracts “Universal Contract Manager” (UCM) to effectively manage contracts, improve visibility, control access, and measure performance. Ullico will utilize iContracts UCM as a software service over the web, thus requiring no investment in facilities, hardware, software, or related costs.
Yousif A. Omer, Assistant Vice President, Program Management for Ullico commented, “as we have grown, so too has the need for a solution that can help us negotiate, track, and manage contracts of all types. UCM’s easy-to-use interface, central repository for all contract information, milestone monitoring, and fully integrated workflow are just a few of the key features that led us to the conclusion that iContracts was the right partner for Ullico. We look forward to working closely with the iContracts team on this critical initiative.”
Leigh Powell, Chief Executive Officer of iContracts commented, “We are delighted to be working with a true pioneer in the field of insurance, investment, and support for the union workplace. Ullico is uniquely prepared to meet the financial needs of unions today as well as in the decades to come and iContracts is proud to have been selected for this important project.”
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 for the Life Sciences industry. This deep understanding and straightforward approach shows in everything we do. iContracts comprehensive suite of solutions manages all aspects of a Life Science company’s chargeback, rebate and Medicaid processes as well as other incentive agreements and Government Pricing compliance at all levels. 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 Ullico
For generations, Ullico has responded to the changing needs of working men and women. From insurance products for union members and innovative risk management solutions for contractors and employers to investments in infrastructure that have created thousands of union jobs around the country, Ullico has been devoted to making life better for millions of Americans.
Ullico is the only labor-owned insurance and investment company, which is why union members and employers across America trust us with protecting their families, employees, businesses and investments. We have proudly been there for the union workplace for 85 years…here’s to many more! To learn more about Ullico, please visit www.Ullico.com
iContracts Media Contact:
cbarrie@icontracts.com
iContracts, Inc.