Selectica (NASDAQ:SLTC), a leading provider of enterprise contract
lifecycle management and
configuration solutions, today announced that Zebra Technologies
Corporation (NASDAQ:ZBRA), a provider of technology...
Selectica (NASDAQ:SLTC), a leading provider of enterprise contract lifecycle management and sales configuration solutions, today announced that Zebra Technologies Corporation (NASDAQ:ZBRA), a provider of technology solutions to identify, track, and manage the deployment of critical assets, has chosen to implement Selectica Contract Lifecycle Management to manage the company’s reseller, independent contractor, and NDA agreements. “Zebra Technologies has grown into a global organization with specialty digital printing and automatic identification solutions in more than 100 countries around the world,” said Michelle Hartmann, Senior Corporate Paralegal and Contract Administrator for Zebra Technologies, which is headquartered in Lincolnshire, Illinois. “With the sheer volume of complex contracts being initiated in multiple locations, we needed an advanced contract management solution to manage our processes and gain greater productivity out of our existing resources.” The Selectica Contract Lifecycle Management solution streamlines the entire contract lifecycle, from contract request, authoring, negotiation, and approval, through contract execution, on-going obligations management, amendment, and renewal. The solution’s library of approved templates, language, and terms will help Zebra improve the consistency of language and terms across its contracts and reduce risk. The Selectica system’s dynamic workflow capabilities will also help the company reduce contract cycle time to close business faster. After a comprehensive assessment of several contract management solutions, Zebra ultimately decided to utilize Selectica’s solution based on several criteria, including the scalability of the solution, the total cost of ownership, and the knowledge and professionalism of the Selectica team. A key differentiator in the selection process was also the flexibility of deployment options Selectica provides. Zebra will deploy the Selectica solution in the cloud initially, but the company will be able switch to a behind-the-firewall deployment as its needs change. Hartmann noted, “We were pleased with the solution’s flexibility, which is well suited to a global operation. As our company continues to expand, we are confident that this solution will be capable of expanding with us.”