TORONTO, ONTARIO, August 26, 2013: Navantis, a North American systems integrator and Microsoft Gold Partner today announced the acquisition of the Dolphin Contract Manager (DCM) solution from San Francisco-based Seal Software, a premiere provider of Contract Lifecycle Management, Contract Discovery and Analytics. Considered the leading contract lifecycle management product built to run on Microsoft SharePoint, the acquisition of DCM will provide the Navantis SharePoint practice with a “best-in-class” solution to meet client needs in the rapidly growing domain of contract management governance and compliance.
“Contract lifecycle management is one of the top business challenges facing the enterprise today,” said Andy Papadopoulos, President, Navantis. “Corporations are at risk for hundreds of thousands of dollars in unrealized benefits or non-compliance penalties when complex clauses are managed manually or inefficiently. The acquisition of DCM enables us to immediately deliver a proven solution to any SharePoint customer.”
Providing a complete lifecycle from contract creation, approval, management, notifications, alerts, reporting and analysis to contract retention beyond the active lifespan of contracts being managed, DCM helps organizations manage contract obligations as well as track supplier commitments and milestones such as renewals, discounts, jurisdiction, governing law and much more.
“This acquisition strengthens our capabilities in the contract management domain,” added Papadopoulos. “By adding DCM to our product portfolio we are also committing to growing the DCM practice and have successfully transitioned key personnel from Seal to Navantis to ensure the best possible continuity for the product.”
Navantis first began working with DCM through a due diligence process evaluating contract lifecycle management solutions and is experienced at implementing DCM as part of a corporate contracts governance and compliance solution on SharePoint. DCM will join the growing Navantis product line made-up of elite business solutions ensuring that DCM continues to evolve as an industry leader and the “solution of choice” for SharePoint.
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Vice President, Marketing