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BlueCross BlueShield of South Carolina Selects diCarta for Enterprise Contract Management.

Business Editors/High-Tech Writers

SAN CARLOS, Calif.--(BUSINESS WIRE)--July 9, 2003

diCarta, the leading provider of enterprise contract management solutions, today announced that BlueCross BlueShield of South Carolina has selected the diCarta Contracts application for managing its business agreements.

diCarta Contracts provides the industry's only full-lifecycle contract management solution--spanning every stage of the contract lifecycle, from contract creation and negotiation, to obligations management and compliance enforcement, through ongoing analysis.

"We selected the diCarta solution to facilitate better agreements with our suppliers and healthcare partners, to accelerate and simplify negotiation cycles, and to improve compliance," said Judy Davis, Vice President and General Counsel of BlueCross BlueShield of South Carolina. "diCarta's integration capabilities and seamless integration with Microsoft Word were important in satisfying the diverse contracting requirements of our business."

The diCarta Contracts integration solution, proven at some of America's largest, most contract-intensive enterprises, enables companies to integrate diCarta Contracts with other enterprise solutions to form a complete, closed-loop process for contract compliance.

diCarta Contracts also brings control to tools used by legal and procurement organizations. It allows contracts to be edited in Microsoft Word and to be routed to external parties via e-mail, while still preserving all the editing controls and business term intelligence of the centralized diCarta Contracts solution. diCarta Contracts uses advanced technology to automatically reconcile and control changes to clauses, language, and business terms between contracts edited in Microsoft Word and the diCarta Contracts application.

"BlueCross BlueShield of South Carolina is widely regarded as one of the most efficient Blue Cross plans in the nation due to its effective use of technology. That they have chosen diCarta gives tremendous credence to the solution our team is providing. We look forward to working further with the people of BlueCross BlueShield of South Carolina," said Mike Kaul, Chief Executive Officer of diCarta, Inc.

About BlueCross BlueShield of South Carolina

BlueCross BlueShield of South Carolina (www.SouthCarolinaBlues.com) is an independent licensee of the Blue Cross and Blue Shield Association. In business for more than 50 years, the company has established itself as a leading developer of products and services. Additionally, BlueCross BlueShield of South Carolina, with its development of My Insurance Manager, is a national award winning organization in the use of and development of leading Web technologies.

About diCarta

diCarta is the leading provider of enterprise contract management solutions that eliminate expensive and potentially crippling risk across the entire contract lifecycle. diCarta Contracts improves profitability and reduces risk by providing the control and visibility companies need to create better contracts, actively ensure that companies meet all contractual obligations, manage performance against contract terms, and continually improve contracts and operations. Global 2000 companies such as Kraft, Aetna, NBC, Walgreens, Business Objects, and Network Appliance depend on diCarta. For more information about diCarta solutions visit www.dicarta.com or call 1-888-496-2600.
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Publication:Business Wire
Geographic Code:1U5SC
Date:Jul 9, 2003
Words:471
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