One of the IFSD's leading companies, NewGalexy, has launched an
innovative, easy to use cloud based software product which allows
users to automate, assemble and manage the lifecycle of their
contracts and business documents. Unusually for this type of
software, ContractPod
comes at a fixed price - with no "hidden extras" for
implementation. Following its launch into the European market,
early adopters of the software include several businesses in the
financial services sector.
Finding cost effective ways to manage the entire lifecycle of
contracts is a "hot" topic for many legal, risk & compliance
and operational professionals. In its managed legal services
business, NewGalexy often heard its customers complain about the
cost, inflexibility and difficulty in using third parties' contract
management systems - so it decided to create its own technology and
produce software which eliminates these problems.
Sarvarth Misra, one of NewGalexy's Glasgow-based directors,
commented: "Technology journalists and new customers have described
ContractPod as 'market disruptive' - which is exactly the result we
set out to achieve".
Financial services businesses are increasingly looking at
automation of contracts and documents and NewGalexy aims to grow
its Glasgow presence, as sales of ContractPod develop.