Altien Launches New ECM Application for Corporate Legal Departments
Altien for Corporate Legal meets lawyers' specific needs and runs on the IBM FileNet ECM platforms.
London, UK (PRWEB) May 19, 2007 -- Altien today announces the availability of its new ECM solution for corporate legal departments. Altien for Corporate Legal is a focused, off-the-shelf application for document management and workflow that meets the specific needs of today's in-house legal staff, and which runs on the IBM FileNet Enterprise Content Management platforms.
Many organizations today are seeking to standardise their ECM platforms, to enable all their lines of business and functional departments to share a common information infrastructure. The corporate legal department poses a particular challenge.
More than ever before, co-ordination of activities between the legal department and the rest of the organization is becoming a critical success factor. According to the 2006 Association of Corporate Counsel/Serengeti Survey, "Keeping track of company activities that might have legal implications" was the top concern cited by 86 % of in-house counsel respondents, even ahead of the previous top concern of "controlling outside legal costs".
Jason Hirst, Chief Executive Officer of Altien, said:
"Standalone legal document management systems create a barrier to information sharing and the co-ordination of legal and compliance-related business processes across the enterprise. Altien for Corporate Legal offers a new, attractive alternative to standalone systems because it can run on the same ECM infrastructure as the rest of the organization.
We see increasing demand for off-the-shelf ECM applications that bring best-practice to solve specific business problems, and that are built on common ECM platforms. These off-the-shelf applications can deliver faster implementations and lower ongoing maintenance costs and hence a better return-on-investment than custom development projects. And because they run on common shared ECM platforms, they enable organizations to consolidate their back-end systems and reduce data center costs as well."
Corporate legal departments today are facing numerous challenges: ensuring that the business meets its compliance requirements, improving contract management efficiency, handling frequent mergers, acquisitions and restructurings, managing litigations and discovery requests, and optimizing the value obtained from outside counsel. All of these factors are driving the need to manage information and business processes more efficiently.
Altien for Corporate Legal enables organizations to reduce risks and legal costs by optimizing business processes, increasing transparency, improving resource utilization and service levels. Key value drivers include:
| | - Strong User Buy-in. Altien's philosophy is that attention to detail is critical to successful user-interface design. Altien for Corporate Legal was designed to be simple to learn, but even more importantly, to be efficient for frequent use - delivering an outstanding user experience and lasting project success.
- Increased Productivity. Altien for Corporate Legal enables your team to contribute, classify and collaborate on critical documents in a timely and efficient manner. By automating business processes it reduces the time wasted on routine, manual tasks and improves workload management.
- Improved co-ordination with lines of business. Because your legal department can use the same ECM platform as the rest of the organization, Altien for Corporate Legal delivers improved information sharing and the co-ordination of business processes between legal and other departments.
- Reduced support costs. Because it can use the same IT infrastructure, Altien for Corporate Legal delivers reduced technical maintenance and support costs compared to standalone legal document management systems.
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Key features of the solution include:
| | - Best Practice Matter File Management
- Support for IBM FileNet P8 and IBM DB2 Content Manager
- Integration with Microsoft Word and Corel WordPerfect.
- Integration with Microsoft Outlook, Lotus Notes and Novell GroupWise
- Simple to Learn & Efficient for Frequent Use
- WorkShare Integration
- Workflow integration
- Data integration
- Cross-Repository Search & Retrieval
- Advanced Web Client Interface
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About Altien
Altien develops off-the-shelf business applications for the IBM FileNet enterprise content management platforms. Our applications combine best practices for content organization and business processes together with a singular focus on usability to deliver satisfaction to business users, simplified solution deployment and rapid payback on investment. Our expertise is based on more than ten years of experience in designing and implementing ECM systems, and our applications are deployed today with major organizations worldwide in the Banking, Insurance, Energy and Government sectors. Founded in 1997, Altien is headquartered in London, UK. For more information please visit www.altien.com.
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