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    News



Press Releases

For immediate release: March 14th 2006
 

Upside Software announces major new version release of UpsideContract

 


UpsideContract, the definitive contract lifecycle management software, enables enterprise customers to significantly streamline their entire contract management process.

EDMONTON, ALBERTA, CANADA — Upside Software, the global leader in Contract Lifecycle Management software announced a major version release of their flagship product, UpsideContract. 

“We created Version 5 (V5) of UpsideContract using extensive collaborative involvement from our customers, “said Ashif Mawji, President and CEO, Upside Software. “Responding to the contract management needs of industry leaders, V5 will help enhance our customer’s ability to streamline processes, ensure compliance and realize significant returns. Our leadership position in the Contract Lifecycle Management market has been strengthened even more with this new release. Our investment of about 35% of our revenues in R&D has proven to be a smart move and V5 has set the bar to a whole new level!” 

“As contract management continues to gain momentum within the global 2000, Upside Software has removed many of the barriers to value,” said Sudy Bharadwaj, Vice President of Aberdeen Group‘s Global Supply Management practice. “By carefully assessing the contract management process, Upside has released a solution that provides seamless integration to Microsoft Word
© requiring no client plug-ins or components, delivering a technological marvel that Upside Software customers and the market will be very pleased with.”

With Version 5, organizations now have access to the most exciting and revolutionary contract management functionality available. Enhancements in UpsideContract Version 5 will provide more flexibility and options for businesses to manage their contracts effortlessly. Users can take advantage of the following enhanced features:

  • User Interface. Intuitive and flexible user interface, is the native, seamless integration with Microsoft Word© and the ability to export revision history and tracking into a Microsoft Word© document with redlining activated.

  • New Technologies. Unique benefits of AJAX technology facilitate communication between the browser and the server, offering the user the ability to make changes quickly and reducing network traffic by a significant margin.

  • 3rd Party Paper Handling. Import 3rd Party contracts directly from Microsoft Word© ensuring the ultimate audit trail with tracking and full collaboration and in a zero footprint environment with native integration to Microsoft Word©.

  • Document Management. Increased performance and an enhanced content library to quickly and easily assemble contracts. Increased ability to filter views and look at negotiation history based on various parameters. Assign meta data at the clause level and improve automated decision making.

Improving performance and enhancing the ability to quickly assemble, review and process contracts are paramount in the latest design. The seamless integration with Microsoft Word© improved interoperability and provides features that look more familiar to Microsoft Office© users.

For more added features and enhancements to the latest version of UpsideContract, visit www.upsidesoft.com or www.upsidecontract.com.

About Upside Software Inc.

Upside Software is the worldwide leader in Contract Lifecycle Management (CLM) solutions. Customers around the globe use UpsideContract and other integrated business solutions to confidently perform Contract Management, Sourcing & Procurement, and Invoice & Billing Management activities throughout their organizations. Upside Software’s products address the needs of Enterprise (e.g. Fortune 500, Global 2000), Public sector (Federal, State/Provincial, Municipal and Health Care), and Small & Medium Enterprise (SME) customers. Customers realize significant cost savings while improving customer and supplier relationships. Upside Software’s solutions are deployed in as little as 3 days and typically provide a full return-on-investment (ROI) in under a year. Founded in 2000, Upside Software is a profitable, growing company with an advanced, yet mature, and comprehensive product suite. The company has extensive experience delivering real value to customers of every size and in most industry verticals. Upside Software is headquartered in Edmonton, Alberta, Canada – for more information visit the company’s website at http://www.upsidesoft.com/

For more information, contact:

Media Relations
Upside Software Inc.
Tel: (780) 702-1432,
Fax: (780) 702-1438
Email: ask@upsidesoft.com 

 



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