EMC is pleased to announce the availability of the Beach Street Contracts Lifecycle Management Solution that delivers an end-to-end solution for automating processes throughout the contract lifecycle from creation or reception, negotiation and approval, contract renewal and closeout, and archiving. The solution provides 360-degree view into key pending and current contracts for legal, sales, compliance officers and key decision makers. Real-time monitoring allows for bottleneck identification and workload distribution, as well as reporting to ensure compliance.
The Beach Street solution leverages the latest releases of EMC Documentum, EMC Documentum xCP, and EMC Captiva, helping customers make effective decisions, drive better business outcomes, by managing the contracts process and drawing on information from multiple systems and sources.
For years, Beach Street has been helping customers automate back office operations around Contracts, Financial Operations and HR Operations, with particular expertise in the Financial Services, Public Sector and Healthcare fields. During Momentum at EMC World, EMC Information Intelligence Group (IIG) recognized Beach Street as 2012 North American Partner of the Year, for their work on helping clients automate their information intensive processes on EMC Documentum and EMC Captiva.
In a recent EMC Pulse blog, Rohit Gai, SVP & GM, Products and Solutions, Information Intelligence Group at EMC discusses a new report: “The Forrester WaveTM: Smart Process Applications, Q2 2013”. According to the report, “smart process applications are a new and emerging category of applications designed to help CIOs and their firms improve the effectiveness of their human-centric business activities.”
Processes like contracts management are very collaborative in nature and require human involvement with the authoring, review, and approval of contracts. The goal of using smart process applications like the Beach Contracts Lifecycle Management Solution is to increase the productivity of people actively engaged in a highly collaborative business process or set of activities.
As part of a new initiative from EMC, a select set of partner-built EMC Certified Solutions are being made available to the global market directly from EMC. The EMC Certified Beach Street solution is directly available from EMC, and more information can be found in the EMC Solution Catalog.