DataCert Acquires DigiContract to Broaden Product Offering and Fuel Growth Strategy; Acquisition Offers Online Document Collaboration.Business Editors/High-Tech and Legal Writers HOUSTON--(BUSINESS WIRE)--Aug. 13, 2001 DataCert Inc., a leading provider of e-billing services, announced today that it acquired DigiContract Inc., a Houston-based provider of business-to-business application services See ASP and Web services. , to add online solutions for negotiating multi-party documents and agreements. Now, with the addition of DigiContract's collaborative services, agreements can be negotiated online without altering the underlying document itself. The strategic acquisition expands the company's product line and enables the company's existing clients to monitor and manage more efficiently the performance of their business environments. Terms of the acquisition were not disclosed. DigiContract, founded in 1999, dramatically streamlines the sharing and joint authoring of documents though Internet-based workflow The automatic routing of documents to the users responsible for working on them. Workflow is concerned with providing the information required to support each step of the business cycle. tools to enable unique commenting and collaboration capabilities. The company's product makes it possible for all members of a workgroup to simultaneously review and comment on documents in a secure environment. Once entered, all parties that have access to a document can immediately see the comments from the other participants. Clients can easily upload See download. upload - /uhp'lohd/ To transfer programs or data over a digital communications link from a smaller or peripheral "client" system to a larger or central "host" one. Opposite: download. new documents from their computer to the dedicated Web site directly from whatever document management system they employ. "This acquisition complements our ability to emerge as a leading provider of corporate e-business services and reach our growth strategy goals," said DataCert President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Eric M. Elfman. "This really strengthens our ShareDoc(TM) product lines; in addition to moving and standardizing our clients' data securely, we can help them negotiate multi-party documents and agreements online." "DigiContract is pleased with the synergies that we expect will result from the combination of the experienced DataCert team and our own innovative product offering," added former DigiContract President and CEO Mark Poag. DigiContract's innovative method for negotiating agreements online creates significant efficiencies over what is possible today. Typically, the document drafter faxes, e-mails or couriers the document to each person on a distribution list. Each party then reviews the document, writes comments, and faxes or e-mails the revised document back to the drafter. The drafter then collects the suggested changes and communicates the comments by phone, fax, e-mail or courier A monospaced typeface originating from the typewriter that is commonly used for letters. It is still considered by many to be the "appropriate" typeface for business correspondence. to the others on the distribution list. This process is time consuming, inefficient and unproductive. DigiContract streamlines this process so all members of a workflow group can easily collaborate on a document. The workflow group can make insertions, deletions or general comments within the text of the posted document without altering the underlying document itself. Additional features include: -- the ability to view and track new comments and documents since the user's last access -- extensive document version control features -- "accept or decline" capability permits the document originator to incorporate others' comments into their master documents -- the ability to create "redlines" comparing the revised draft to prior versions -- the ability to control which users have access to specific documents About ShareDoc DataCert's core application, ShareDoc, is a Web-based service that enables the transfer of invoices and other documents electronically in a secure, encrypted en·crypt tr.v. en·crypt·ed, en·crypt·ing, en·crypts 1. To put into code or cipher. 2. Computer Science environment. ShareDoc helps businesses that need to rapidly implement secure, reliable communications and data management solutions. DataCert has delivered its first service offering, ShareDoc/LEGAL(TM), to the legal services legal services n. the work performed by a lawyer for a client. market. This service addresses the special needs of corporate legal departments and law firms This list of the world's largest law firms by revenue is taken from The Lawyer and The American Lawyer and is ordered by 2006 revenue:[1]
About DataCert Inc. DataCert Inc. empowers companies to share business-critical information with their suppliers. DataCert's hosted service acts as a "smart bridge" to standardize stan·dard·ize v. 1. To cause to conform to a standard. 2. To evaluate by comparing with a standard. secure data transactions over the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the . By improving these transactions, companies receive better data to enhance their decision-making decision-making, n the process of coming to a conclusion or making a judgment. decision-making, evidence-based, n a type of informal decision-making that combines clinical expertise, patient concerns, and evidence gathered from . Computerworld Magazine recently named DataCert to its list of the "Top 100 Emerging Companies to Watch" in 2001. DataCert can be reached at 713/572-3282; or, visit their Web site at www.datacert.com. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion