Seal Software and CallidusCloud: The New Partners for Contract Delivery

By CIOReview | Thursday, September 24, 2015
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DUBLIN, CA: Callidus Software joins hands with Contract Discovery and Analytics Platform, Seal Software to enable businesses with libraries of existing contracts to easily migrate into CallidusCloud CLM (Contract Lifecycle Management). This is an effort for unlocking important information encrypted within contracts to unveil more revenue opportunities.

This partnership comes as a restitution for companies which struggle with the understanding and aggregation of obligations and hidden risks within their contracts, including renewal dates, terminations, SLAs, indemnification, and non-standard language; while migrating existing contract libraries to the CallidusCloud CLM solution. With Seal’s enhanced capabilities in analytics, it can extract this information into the CLM system, making it comprehensive and easy to search such that organizations can shoot up their processing efficiency, add value to their contracts and manage risks better.  

Giles House, Chief Marketing Officer at CallidusCloud highlights the potentials of the partnership, “Contracts contain rich data that can be used as a source of business intelligence to unlock hidden revenue opportunities, accelerate sales cycles and enhance customer experiences. "This partnership brings together two leaders in the marketplace to help our customers use contracts as a competitive advantage at a time when they are looking to sell faster from lead to money."