Universal Contract Manager

Universal Contract Manager

Verified by Legal Operators team

Categories: 
Compliance and Governance
Contract Management and Analytics
Document Management and Generation
Universal Contract Manager

Overview

iContracts' Universal Contract Manager (UCM) is a comprehensive contract lifecycle management (CLM) solution designed for legal teams, procurement professionals, and business leaders. UCM offers a centralized platform to manage all contract-related activities, from creation and negotiation to execution and compliance. The tool caters to various industries, including legal, healthcare, finance, and government sectors.

Key Features

  • Contract Lifecycle Management: Manage the entire contract lifecycle from creation to execution and beyond.

 

  • Template Builder: Create and manage customizable templates for consistent contract drafting.

 

  • Approval Workflows: Streamline contract approval processes with dynamic rules and customizable workflows.

 

  • Collaboration and Negotiations: Foster real-time collaboration and efficient negotiations with internal and external stakeholders.

 

  • Compliance Management: Ensure contract compliance with organizational policies and legal requirements.

 

  • Reporting and Analytics: Leverage in-depth reporting and analytics for data-driven decision-making.

Integrations

iContracts offers a range of integration options, including Microsoft Office 365, SharePoint, and DocuSign, enabling businesses to create, edit, and execute contracts within a unified platform.

  • Microsoft Word: Import, edit, and export contracts using Microsoft Word for a seamless experience.

  • Microsoft Office 365/SharePoint: Integrate UCM with Microsoft Office 365/SharePoint for centralized document management.

  • DocuSign: Automatically send contracts to DocuSign for secure, efficient e-signature collection.

Use cases

Contract Creation and Management: UCM provides a centralized location to create, edit, and manage all contracts, ensuring accuracy and consistency throughout the organization.

Approvals and Workflow: Automate the approval process with robust workflows and customizable rules to ensure contracts are reviewed and executed efficiently.

Negotiations and Collaboration: Leverage the platform's user-friendly interface to collaborate on contract drafts and negotiate terms in real-time.

Compliance and Reporting: Stay compliant with organizational policies, legal regulations, and industry standards through automatic compliance checks and in-depth reporting features.

Renewals and Obligations: Manage contract expirations, renewals, and other critical dates, reducing the risk of missing essential deadlines.

Integration with Other Tools: Connect UCM with other document management systems, CRM platforms, and e-signature solutions for seamless data sharing and automation.

Pricing model

iContracts does not provide public pricing information. Pricing Tiers: Contact iContracts for customized pricing based on the organization's needs.

Free Trial: Yes, a demo of the tool is available upon request.

User experience

UCM offers a rich set of features for contract management, making it well-suited for mid-sized businesses and enterprise organizations. The tool's complexity may require a learning curve for new users. Ideal For: Mid-sized businesses, enterprise organizations, legal teams, procurement professionals, and business leaders.

Support

iContracts provides multiple customer support options, including phone, email, and online support for assistance during business hours.

  • Phone Support: Contact iContracts for phone support during business hours.

  • Email Support: Reach out to the team via email for assistance.

  • Online Support: Access FAQs, documentation, and a support ticket system through the iContracts website.

Security and Compliance

iContracts focuses on data security and ensures compliance with various industry regulations, providing a reliable and secure contract management platform.

  • Data Encryption: iContracts utilizes data encryption for secure data transmission and storage.

  • Compliance: iContracts helps businesses maintain compliance with industry regulations such as HIPAA, GDPR, and FISMA.

Product images

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Frequently asked questions

What is Universal Contract Manager (UCM)?

iContracts' Universal Contract Manager is a comprehensive contract lifecycle management solution designed for businesses and legal teams to streamline the entire contract management process.

Which industries does UCM serve?

UCM serves various industries, including legal, healthcare, finance, and government sectors.

How does UCM handle contract templates and clauses?

UCM includes a customizable template builder, allowing businesses to create consistent and standardized contract templates, and manage a centralized clause library.

What types of integrations are available with UCM?

UCM integrates with various tools, such as Microsoft Word, Office 365/SharePoint, and DocuSign, enabling a seamless contract management experience.

Does iContracts provide a free trial or demo for UCM?

Yes, iContracts offers a demo of UCM upon request.

Can UCM accommodate custom request and professional services?

iContracts provides professional services and solutions, including contract template design, clause library development, and implementation assistance.

What is the pricing structure for UCM?

iContracts does not provide public pricing information; organizations should contact iContracts for customized pricing based on their needs.

Resources

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