PepsiCo has licensed ContractExpress for SharePoint to enable its researchers to quickly and compliantly create new confidentiality agreements, consulting agreements, research agreements, and joint development agreements, and to improve the management of obligations in previously executed agreements
ContractExpress for SharePoint is a complete request-to-archive contract lifecycle management system built on Microsoft’s successful SharePoint platform. Users are rapidly able to generate signature ready locked PDFs, or be automatically routed to the appropriate attorney or paralegal for approval. The legal department is able to rapidly query new and existing agreements, generating reports for compliance and business process improvement purposes as required.
ContractExpress for SharePoint automatically generates alert emails to appropriate business users and Legal as key dates approach and arrive, and presents business and legal users with a list of work-in-progress requests as they access their personal "MyContracts" home page.
Tim Allen, who heads up Business Integrity's North American operations, stated, "We are proud to welcome PepsiCo to our growing list of customers who recognize the benefits of accelerating business and improving compliance through the use of ContractExpress."
Tom Mule, VP of Customer Services, added, "In discussion with PepsiCo’s legal team we decided that the fastest implementation would be to remotely host ContractExpress. It demonstrates the flexibility of the solution to cope with customers’ different IT environments. Whether a customer chooses to install ContractExpress inside the corporate firewall, to license ContractExpress and separately contract with a hosting organization to run it, or for Business Integrity to provide ContractExpress as Software-as-a-Service (SaaS), the result is a big improvement for both customers’ business users and their legal departments.”
PepsiCo joins Cisco Systems, Cadence Design Systems, Henkel Corporation, Microsoft, AXA, and others as users of ContractExpress for corporate self-service contract creation,
