Wolters Kluwer ELM Solutions announces the CLM Matrix Spring ’20 release. The solution’s intuitive visual workflow capabilities help customers automate processes to improve compliance and increase productivity. The new user interface enables customers to drive rapid user adoption.
CLM Matrix, acquired by Wolters Kluwer in May 2019, is a fully configurable contract lifecycle management (CLM) solution that helps companies manage end-to-end contract processes to drive productivity, mitigate risk, and optimize profits. The platform features a searchable contract repository giving users the ability to define a single source of truth for all their contracts. CLM Matrix also complements ELM Solutions’ matter and spend systems to help corporate legal departments improve business outcomes.
The CLM Matrix Spring ’20 release empowers nontechnical users to create, configure, and adjust workflows and policies with minimal training, freeing up resources and speeding up time to revenue. The new, modern user experience streamlines productivity and drives high rates of user adoption. These new features make auditing and compliance oversight simpler with increased visibility into contract processes and policies.
“As our customers look for new ways to mitigate risks and optimize profits, Wolters Kluwer is pleased to deliver an intuitive and flexible contract lifecycle management tool that aligns with our portfolio of solutions that solve our clients’ most pressing workflow needs,” said Barry Ader, Vice President of Product Management and Marketing for Wolters Kluwer’s ELM Solutions. “The CLM Matrix Spring ’20 release, with its modern user interface and visual workflow design, showcases our commitment to providing world-class customer experiences with products that automate processes to improve efficiency and drive positive business outcomes.”