AUSTIN, TX (PRWEB) April 19, 2006
FineTooth announced the general availability of its contract management solution.
FineTooth provides a cost-effective solution for contract management that creates company-wide access to critical contract milestones, entitlements or obligations, and contract risk factors. FineTooth’s solution dramatically improves the process of converting the data in new and legacy contracts to create a highly secure Web-accessible central repository of contract information. The unique linguistics technology solves the common problem of fast and cost-effective conversion of paper-based contracts to a single searchable repository of all pertinent contract information. The solution is effective for buy and sell-side contracts and provides an alternative to manual conversion or the need to adopt a new contract authoring processes to identify and capture the business intelligence in the contracts.
FineTooth’s solution has been shown to reduce the time to convert legacy contracts from months to weeks while increasing the level of detail for abstracted contract information. FineTooth has harnessed this technical capability to create an OnDemand solution that features solid contract management fundamentals at a price point significantly lower than competing solutions. The company offers single-client and shared instance versions of the solution on a subscription basis.
Using a Web browser, users can access critical contract information and receive advanced notification of impending renewals or expirations anywhere there is Web access. The solution incorporates advanced security features including encrypted data transmission and storage. With a sophisticated security model, FineTooth customers can ensure their managers and employees have access to the needed information while protecting that information from unauthorized access. The security model can control access at the term level of the contract.
FineTooth’s solution goes well beyond many competing solutions with its ability to manage information in attachments, exhibits, schedules and other ancillary contract documents. The information from the attachments can be added to the repository along with the primary contract data forming a complete picture of a business arrangement.
FineTooth is immediately available for subscription – email for details.
FineTooth converts contracts into a performance-based management tool – instead of passive collection of documents sitting in a file cabinet. The OnDemand, role-based contract management solution provides all stakeholders with the tailored information needed to put agreements back under proactive control. FineTooth’s unique technology automates the task of identifying, organizing and managing your contract information resulting in higher realized value, minimized regulatory risk and higher total accrued value.
For additional information on FineTooth, Inc. please visit http://www.finetooth.com.