EDMONTON, Alberta, Sept. 17, 2004 (PRIMEZONE) -- Upside Software Inc., the leading provider of integrated enterprise Contract Lifecycle Management (CLM) software, announced today the release of their new online, subscription-based contract management solution, ContractBuddy.
ContractBuddy is an extension of Upside Software's already impressive product line which includes award-winning UpsideContract. This new Application Service Provider (ASP) solution provides organizations with an affordable alternative to traditional installed software while still offering a feature-rich and scalable solution to meet even the most complex contract management requirements. As a fully hosted solution with no hardware or software to install, the initial capital investment typically associated with enterprise-level applications is not required; plus Users world-wide can access ContractBuddy from any location, at all hours of the day with just a PC, a standard web browser, and an Internet connection.
"The introduction of ContractBuddy reinforces Upside Software's commitment to developing innovative contract lifecycle management solutions," stated Ashif Mawji, President and CEO of Upside Software. "Companies of any size, in any industry now have access to affordable and flexible world-class contract management software." Mr. Mawji continued, "The ASP model was developed as a direct response to what the market was telling us. In the past, only large organizations could afford enterprise-level contract management software. Now, with ContractBuddy, any organization - including SMEs - can begin managing their contracts more efficiently for as low as $50 per month, thereby speeding return-on-investment. Effective contract management and risk mitigation is now available without purchasing any hardware or software, and within minutes!"
ContractBuddy is a full featured CLM solution providing organizations with improved visibility into their contracts which will allow them to optimize supplier performance, improve sales and renewals, identify savings opportunities, and manage contract compliance and business risks more effectively. Companies will benefit from ContractBuddy's ASP-based infrastructure through rapid deployment, automatic software updates, and unparalleled data security and environmental security.
For a limited time Upside Software is offering a 2-week Free Trial which includes full access to all of the features and capabilities available in ContractBuddy. To find out more information about ContractBuddy and the free trial, visit http://www.contractbuddy.com/.
About Upside Software Inc.
Upside Software provides the leading Contract Lifecycle Management (CLM) solution in the market - UpsideContract - as well as other integrated business solutions to handle Sourcing & Procurement, Invoice & Billing Management, and Project & Resource Management. Upside Software's products address the needs of Enterprise (e.g. Fortune 500, Global 2000), Public sector (Federal, State/Provincial, Municipal and Health Care), and Small & Medium Enterprise (SME) customers. Upside Software's customers realize significant cost savings while improving customer and supplier relationships. The company's solutions are deployed in as little as 3 days and provide a full return-on-investment (ROI) in much less than one year. Upside Software is a profitable, growing company with a very advanced, yet mature, and comprehensive product suite. The company has extensive experience delivering real value to customers of every size and in most industry verticals. For more information about Upside Software and its suite of business solutions, visit the company's Website at http://www.upsidesoft.com/ or one of its product sites: http://www.upsidecontract.com/, http://www.upsidecontractlite.com/, http://www.contractbuddy.com/, http://www.upsiderfx.com/, http://www.upsidebilling.com/, http://www.upsidepmo.com/.