Boston, MA (PRWEB) April 28, 2015
Exari, the leader in cloud-based contract lifecycle management solutions, announced that its contract management technology has been awarded a patent by the US Patent and Trademark Office. The patent recognizes Exari’s unique and powerful document authoring technology as part of its contract lifecycle management suite.
The technology allows for the creation of native XML smart contract templates that can deliver tailored contracts in Word, PDF, HTML, XML and other formats. This translates into unmatched capabilities for contract visibility, management, analytics and risk management for businesses and further strengthens Exari’s position as a market leader.
This new patent builds on Exari’s tradition of leadership, extending the reach of Exari DocGen™, the world's first online, logic-driven, XML-based document assembly system, which has been patented in the UK since 2003 and in the US since 2011. Exari DocGen laid the foundation for a new era of contract transparency, where portfolios of native XML contracts can be tagged for unmatched contract visibility, management, analytics and risk management.
Exari Co-Founder and Chief Technology Officer, Justin Lipton, said, "This patent is both proof and recognition of Exari's commitment to innovation. We continue to strive to maintain our position as a leader in the document assembly and contract management markets. Our clients' templates and contracts are not tied to proprietary formats or tools that can be changed at the whim of the vendors that control them."
To learn more about the technology behind Exari’s technology and products, visit http://www.exari.com.
Exari is a market-leading Contract Lifecycle Management platform that unifies the processes of generating, managing and analyzing expansive document and contract portfolios. Exari solutions are used by hundreds of thousands of users worldwide. Exari is headquartered in Boston with offices in London, Melbourne and Munich. Learn more at http://www.exari.com.