procurement, intellectual property, procurement agreements, sales agreements, contract and commitment management, automatic notifications, contract status tracking, contract reviews, and business management. The company also offers business impact assessment, business process consulting, data migration, implementation, training and education, technical support, and customer program services. Nextance, Inc. was founded in 2000 and is headquartered in Austin, Texas. As of September 18, 2007, Nextance, Inc. operates as a subsidiary of Versata Inc.