SpringCM Announces Latest Release Of Cloud Sales Contract Management Solution

New Capabilities Give Sales Executives Greater Visibility Into Contract Lifecycles From Creation Through Signatures and Renewals

Chicago, IL (Marketwire) - SpringCM® today announced the latest release of its Sales Contract Management solution, delivered on the award-winning SpringCM cloud enterprise content management (ECM) platform. New features enable sales reps and executive management to have deeper visibility into sales contract lifecycles - from creation, revision, compliance, signatures, through contract renewals.

In a recent survey of 152 sales executives, 80% cited issues with their sales contract process, including reduced sales productivity, poor visibility into contract status and bottlenecks, unacceptable business and regulatory risk due to inconsistent and unapproved contract terms, and missed opportunities and poor productivity in managing renewals.

Highlights of the release include:

• Enhanced sales contract process models make it faster for sales teams to adopt best practices in automating contract processes
• Additional contract renewals functionality makes it simple for sales and sales operations teams to stay on top of which customer contracts - whether for products, services or warranties - require attention
• Additional dashboard components so sales executives can easily maintain visibility to contract status and ensure accurate forecasts

Organizations in industries such as financial services, technology, travel/hospitality, utilities and manufacturing use SpringCM Sales Contract Management to get complete visibility into the sales contract process, improve contract compliance confidence, and maximize sales rep productivity, all from within salesforce.com. More information on SpringCM sales contract management is available here.

"Sales contract management continues to be the big gap in many organizations' sales force automation strategy," said Roger Bottum, vice president of marketing, SpringCM. "With more board room focus on forecast quality, having clear visibility into where sales contracts are at every stage - including those about to renew - means that every minute is spent in selling rather than chasing down paperwork."

SpringCM Sales Contract Management is available through saleforce.com AppExchange, or directly from SpringCM at www.springcm.com/sales-contract-management.

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About SpringCM
SpringCM is the recognized market leader in cloud enterprise content management. With delivery in days and at a fraction of the cost, organizations use SpringCM to streamline their inefficient document processes with customers, vendors, and remote operations. Organizations such as Dresser, BillingTree, ACS, and Cox are achieving a payback in as little as 40 days in areas such as case management and claims processing, bids and proposals, contract management and invoice automation. With SpringCM customers avoid the expense, complexity, and risks of traditional ECM software. For further information, please visit www.springcm.com.

SOURCE: SpringCM