Upside Software Inc., an integrated enterprise contract management software provider, announced today the purchase of a divisional license of UpsideContract by Microsoft Corp. Contract Management is continuing to become an area of significant focus for many organizations, which has resulted in an increased demand for solid contract management software. Upside Software is a leader in this market, which is estimated by many analysts to exceed $5B USD by 2007. UpsideContract provides full life-cycle contract management functionality including collaborative contract creation and negotiation, performance, compliance and risk management, event management, and amendment and renewal processing.
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