Exari's Contract Hub for Mergers and Acquisitions Enables Quick Assessment of Contract Portfolio

By CIOReview | Wednesday, July 29, 2015
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BOSTON, MA: To untangle complexities of contracts portfolio across organizations, Exari-a Contract Lifecycle Management solutions provider has announced the availability of new suite of solution, Exari Contract Hub for Mergers and Acquisitions.

Exari Contract Hub offers highly secure environment to capture and report on vital contract data like renewals and revenue risk drivers, allowing organizations to view all contracts through a single repository. It captures contract data to enable complete visibility into key contract terms, centralize the contract documents and allows classified access of data. Robust search, sort functions and risk scoring for reporting and analysis of firm’s contracts are features of Exari Contract Hub.

Now Exari launches Contract Hub Specialty pack for Mergers and Acquisitions which delivers M&A customized contract model and reports peculiarly tailored to capture key terms, risk and obligations across customer, supplier and HR contract. Contracts Hub Model for M&A constructs a user friendly reporting database that can be obtained by organizations that are planning to acquire any company or have strategies to merge with one.

Cloud driven Contract Hub Specialty pack for Mergers and Acquisitions features field-level validation, interview engine to capture trusted data points, automated task notifications, dashboards and more than 12 canned reports to elaborate legal issues across contract portfolio.

According to Jamie Wodetzki, Founder and CPO, Exari, M&A procedure is always carried in a quick succession by companies, in this process many critical contract arenas are ignored, creating potential threats and liabilities for acquirer. With this product companies can eradicate or minimizes such risks