Lucidoc Answers Market Demand for Integrating Contracts with Compliance Management; Version 3.5 Improves the Ability to Flexibly Create and Control Documents
Lucidoc, a leading provider of advanced software technology for managing compliance, announced today the release of Version 3.5 of its industry-leading Compliance Management solution. This newly available version is packed with advanced features that enable highly regulated industries including healthcare, banking, and government to flexibly create and manage contracts and other documents such as organizational policies, procedures and forms. Pioneered in partnership with NASA’s Jet Propulsion Laboratory (JPL), the company’s technology enables organizations to automate, control and manage the entire life cycle of documents as an integral part of the compliance process. Version 3.5 of the Lucidoc Compliance Management solution will debut at the national Health Care Compliance Association conference taking place April 23-26 at Caesars Palace in Las Vegas, Nevada.
Kim Mackay, president and CEO of Lucidoc, believes the market will immediately recognize the benefits of Lucidoc v3.5. “Companies dealing with government regulation, shared quality standards, and constant process changes are demanding advanced information management capabilities to ensure that their information is accurate and auditable in order to mitigate regulatory and compliance exposure and keep staff informed,” she said. “With Lucidoc 3.5, we further enhance an organizations ability to achieve these goals by adding side-by-side contract management, which enables an organization to reduce ‘leakage’ from noncompliant revenue transactions.”
In addition to assigning document ownership, tracking competency, archiving past versions and automating reviews, feedback, reminders and distributions as an integrated part of the document lifecycle, Lucidoc 3.5 adds powerful enhancements that increase flexibility and control of a wider range of document types. New Lucidoc 3.5 features and enhancements include:
— Ability to create a single portal for all contracts, forms, policies and procedures through customizable fields. This enables easy, flexible management of information specific to an organization or to documentation formats. For example, using the enhanced field capabilities an organization can tie policies and procedures to the appropriate regulations and standards and build reports to demonstrate the regulations and standards related to each document.
— Creation of a closed-loop system with advanced searching and reporting. A powerful Google(R)-like search capability gives users more flexibility and better results when searching for documents, and more options for displaying and storing search results. It also provides the ability to receive feedback from users that read documents. This enables an organization to tap into unique knowledge their workers have, providing another channel to ensure that information stays evidence-based.
About Lucidoc
Lucidoc Corporation, headquartered in Redmond, Washington, was founded in 2000 and is privately held. The company’s advanced Compliance Management Solution helps organizations in highly regulated industries create a compliance-ready culture and generate organization-wide efficiencies with their compliance infrastructure technology and tools. Pioneered in partnership with NASA’s Jet Propulsion Laboratory (JPL), the advanced software creates the first living repository for thousands of documents and procedures securely accessible through any web portal. Delivery options include SaaS (Software as a Service) or as a managed service via an organization’s intranet. The Lucidoc solution is in use at leading healthcare, banking, and government organizations. For more information, please visit www.lucidoc.com .
