Rx Savings Solutions Selects Contract Logix for Contract Lifecycle Management
Contract Logix, a provider of intelligent contract management software, announced its Premium platform has been selected by Rx Savings Solutions, a provider of cost-saving solutions for prescription drug purchasing, to streamline and scale contract management while improving visibility and control over its processes.
The company said the solution from Contract Logix will allow for increased automation and efficiency in the contract management, while also enforcing governance and compliance.
The Contract Logix Premium platform was selected by Rx Savings Solutions to manage both the pre- and post-execution phases of its contract management. The manual contract processes that Rx Savings Solutions previously used became too difficult to maintain due to the company’s tremendous growth. The solution from Contract Logix will enable them to securely centralize their contracts and related data in single contract repository and more efficiently request, create, negotiate, execute, and manage agreements.