Public higher education institution ready to deploy iContracts’ Universal Contract Manager
Bridgewater, NJ – October 21, 2021 – iContracts, a leading provider of cloud-based contract, policy, and revenue management solutions today announced that The College of New Jersey (TCNJ), a public university located in Ewing, New Jersey, has selected iContracts’ Universal Contract Manager (UCM) to effectively manage contracts, improve visibility, control access, and measure performance. TCNJ will utilize iContract’s contract management solution to maintain a wide variety of contracts and agreements throughout the university.
Established in 1855, TCNJ is organized into seven schools which offer several bachelors and masters programs. The college is managing thousands of contracts and associated documents, many of which relate to the satisfaction of various compliance standards. In an effort to effectively streamline their contract management processes, the need for a more robust solution became apparent. iContracts will migrate contracts and data from an existing contract management platform to Universal Contract Manager.
“The College evaluated several contract management solutions,” commented Anup Kapur, Executive Director of Procurement & Accounts Payable at TCNJ. “Universal Contract Manager was the best choice to centralize our contracts and eliminate paper forms through customizable workflows. We look forward to implementing UCM and quickly realizing substantial benefits.”
All aspects of an educational institution’s contract management process, including contract creation, monitoring of key milestones and compliance, can be managed by iContracts’ Universal Contract Manager. The contract lifecycle management solution is cloud-based, requiring no investment in facilities, hardware, software or related costs. Universal Contract Manager requires minimal assistance from the college’s IT department.
“iContracts is pleased to welcome TCNJ to our rapidly growing family of higher education clients,” commented Leigh Powell, Chief Executive Officer of iContracts. “The need for a contract management solution in the higher education market continues to grow as we engage with institutions of all types and sizes across the country. Universities are operating more efficiently as a result of our truly unique, cloud-based contract management software and we are honored that TCNJ recognizes the value Universal Contract Manager will add to the university. We look forward to working closely with their team and forging a long lasting relationship.”
iContracts’ goal is simple – to deliver better solutions for managing contracts that are faster, easier and less expensive to implement. This mantra is reflected in everything we do. Our software is generations ahead of other solutions, powered by a Simplified Common User Interface (SCUI) that makes every user an “expert” by learning just two simple, reusable views and backed by the most highly evolved data architecture in the industry – built by technologists with considerable and unique experience in building contract management solutions. This deep understanding and straightforward approach shows in everything we do. Our solutions are enterprise-class and can be quickly and easily integrated with any off-the-shelf or custom system to meet exacting business requirements without the army of consultants and endless fees associated with other products and providers. For more information, please visit www.icontracts.com.
About The College of New Jersey
The College of New Jersey (TCNJ) is a highly selective institution that is consistently recognized as one of the top comprehensive colleges in the nation. Founded in 1855 as the New Jersey State Normal School, TCNJ maintains the seventh highest four-year graduation rate among all public colleges and universities. It is ranked by Money as one of the top 15 public colleges “most likely to pay off financially,” and U.S. News & World Report rates it the No. 1 public institution among regional universities in the northeast. Known for its natural beauty, the college is situated on 289 tree-lined acres in suburban Ewing Township, New Jersey, in close proximity to both New York City and Philadelphia. A strong liberal arts core forms the foundation for a wealth of degree programs offered through the college’s seven schools: Arts and Communication; Business; Education; Engineering; Humanities and Social Sciences; Nursing, Health, and Exercise Science; and Science. Five signature experiences are the hallmark of a TCNJ education. They include a personalized, collaborative, and rigorous education; undergraduate research, mentored internships, and field experiences; community engaged learning; global engagement; and leadership development.