Kellogg deploys Selectica to automate contract lifecycle

Kellogg has deployed Selectica Smart Contract to automate its contract lifecycle processes and ensure visibility into contract milestones.
Selectica will also help Kellogg to manage myriad of contracts with both regional and global vendors and offers the most configurable solution.
Kellogg can set unique and secure approval cycles for different types of contracts across geographies and standardize templates for their variety of NDA and procurement contract types.
The technology allows company for productive collaboration enterprise wide, whether between internal departments or with international vendors.
“We look forward to using more uniform templates and streamlined tracking processes to shorten contract cycle time and improve vendor relationships,” said Dan O’Connor, Kellogg Corporate Counsel.
“This level of contract visibility will provide insight that can help in making profitable decisions. We look forward to delivering on the high standards that Kellogg expects from us,” said David Bush, chief sales officer at Selectica.
In March, Selectica acquired b-pack for approximately $12.5 million in cash and stock.
In July last year, Selectica acquired IASTA for $7.5 million equity financing to help enterprises create, manage, and optimize business relationships with contracts at the core.