Ariba Steps Up Cloud Efforts with StartContracts, On-Demand Contract Management for SMBs

Updated: May 18, 2010

Those are tall promises, but ones that Steve Markle, senior director of Solutions Management at Ariba, is willing to stand by. As he sees it, effective contract management is a "critical lever" that companies can pull to find contract information, optimize profits, and identify risks and opportunities quickly.

Here's what you get with this new software-as-a-service (SaaS) solution:

  • Create a central, online contract repository
  • Specify important fields and terms within agreements to be monitored
  • Manage contracts across the organization using robust free-text search and reporting capabilities
  • Establish task-driven reminders based on important dates and milestones to drive use and compliance
  • Go paperless and sign agreements electronically
  • Optional electronic signature capabilities streamline and make contract execution more affordable and more secure.

Ariba is billing StartContracts as affordable, enterprise-class software that is delivered on demand. Markle went so far as to say that the solution makes possible capabilities that were once only affordable for large enterprises. How affordable? The company is offering an introductory price of $199 a month.