Press Release: TekStream Launches Engineered Solution on Contract Lifecycle Management for Oracle WebCenter
News Release
For Immediate Distribution
TEKSTREAM SOLUTIONS OFFERS BREAKTHROUGH IN ENTERPRISE-WIDE
CONTRACT LIFECYCLE MANAGEMENT
Atlanta, GA (November 4, 2014) – TekStream Solutions, an Oracle Gold Partner, is excited to announce the first Contract Lifecycle Management (CLM) solution for Oracle WebCenter. The engineered solution was introduced to public last week through a national webinar and is currently being implemented at several organizations.
“Whether you’re a growing mid-market company or a large-scale global organization, you need an effective system to manage surges in contract volumes and ensure accuracy in reporting,” said Judd Robins, Executive Vice President. “The reality is many of the current tools require attorneys and procurement teams to use multiple systems to access and manage contracts, and provide the business little flexibility to address changing business needs.”
Executive Director, Solutions and Training, Troy Allen, wants organizations to know that this tool is very different. “TekStream’s new Contract Lifecycle Management (CLM) solution gives companies one consolidated and secure platform to logically ingest and organize contracts and supporting documents.” He added, “Built on Oracle’s industry leading document management system, WebCenter Content, it is designed to seamlessly integrate with enterprise applications like Oracle’s Enterprise Business Suite (EBS), PeopleSoft and JD Edwards.”
Solution Benefits:
1. Centralized repository for all in-process and executed contracts.
2. Increase efficiency through better control of the contract process.
3. Support for “Evergreen” contracts help to improve contract renewal rates.
4. Improve compliance to regulations and standards by providing clear and concise reporting of procedures and controls.
About TekStream Solutions:
TekStream Solutions is an Atlanta-based technology solutions company that specializes in addressing the company-wide IT problems faced by enterprise businesses, such as consolidating and streamlining disparate content and application delivery systems and the market challenges to create “anytime, anywhere access” to data for employees, partners and customers. TekStream’s IT consulting solutions combined with its specialized IT recruiting expertise helps businesses increase efficiencies, streamline costs and remain competitive in an extremely fast-changing market. The Atlanta Business Chronicle recently named TekStream as one of “Atlanta’s 100 Fastest Growing Private Companies” at the 19th annual Pacesetter Awards.
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