Budgeting, Planning & Forecasting

Budgeting, Planning & Forecasting

February 07, 2011

Upside Software Announces SaaS Contract Management Software

Upside Software, a provider of enterprise contract management software, announced the launch of UpsideLive LITE, a Software-as-a-Service (SaaS (News - Alert)) offering focusing on simplicity. It offers contract management functionality that was built for everyday users.

Users can start creating and managing contracts immediately and will be able to search, report and get reminders for under $20 per month. An affordable and easy to use contract management software product is available in a SaaS format for any organization, according to company officials.

“UpsideLive LITE was created to service those companies who do not have complex contracts and are searching for a simple yet effective solution for their contracting needs.” said Ashif Mawji, president and CEO of Upside Software, in a statement. “It is exciting to share this latest release and continue to help our customers manage their contract lifecycles with greater ease and increased functionality and value.”

The company scaled back its popular UpsideLive product and removed functionality that isn't essential for simple contracts. The new SaaS offering provides a contracting system where core contract data can be entered, appropriate Microsoft (News - Alert) Word, PDF or other files can be attached, and searching and reporting functionality can be utilized.

UpsideLive LITE offers greater efficiency in overall contract administration, while offering improved efficiency through process automation and workflow optimization, company officials said.

The new SaaS offering has a central repository to provide easy access to contract documents and improved reporting capabilities to increase awareness of business processes and supplier relationships. It ensures greater stakeholder involvement. The solution has improved contract visibility and access.

Rajani Baburajan is a contributing editor for TMCnet. To read more of Rajani's articles, please visit her columnist page.

Edited by Jennifer Russell

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