Ultria

About

Ultria offers end-to-end, SaaS-deployed, Contract Lifecycle Management solution for the Enterprise. It is a market-proven solution with a legacy of successful deployments over more than seven years. With a workflow based authoring and approval tool, and a comprehensive repository of contracts and clauses, Ultria CLM helps companies across the spectrum derive greater value from their contracts. By connecting with eSignature and CRM solutions, Ultria CLM seamlessly streamlines the quote to contract conversion process. Its post-signoff contract management capabilities empower the enterprise to extract the maximum value out of contracts, mitigate risks, and ensure regulatory compliance.

Company Details

https://www.ultria.com
Headquarters United States,New Jersey,Princeton
Company Size 51-200 employees
Specialties Legal

How Ultria uses AI in their company

Artificial intelligence is constantly evolving with new concepts and studies being introduced in the market every day. It is a daunting task to stay updated with all innovations in AI CLM in order to ensure the product offers best-in-class AI capabilities. It needs a dedicated team of R&D experts to understand and incorporate any AI innovations in the CLM product, calling for a lot of investment and dedicated top notch resources.

These reasons alone are enough to weigh your preferences towards buying AI powered CLM over building it in-house. Apart from the time, cost and resources saved, the other benefits of buying AI powered CLM from a dedicated market expert are:
1Customized solution for every requirement with easy scalability
2Continuous innovation due to the competitive nature of the market
3Shared expertise and infrastructure
4Great customer service and maintenance post deployment
5No large risks or upfront investments
6Network effect of AI learning from the expert’s entire customer base