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ASC Partners with Technology Leader Softtek to Expand CLM and BPM Services Offering Worldwide

The ASC and Softtek partnership agreement seeks to strengthen both companies’ global contract management and business process management services and solutions offering across industries.

Ottawa, Ontario (November 24, 2014) — ASC (Advanced Software Concepts), a leading provider of SaaS and on-premise based contract, document, form, and configure, price and quote (CPQ) management solutions to SMBs and large enterprises, today announced its partnership with Softtek, a leading provider of global information management and business process solutions and services.

The ASC and Softtek alliance will focus on delivering a broader range of contract lifecycle management (CLM) and business process management (BPM) solutions and a more in-depth services offering to customers around the world. The partnership will leverage the combined solutions, services and strengths of each company to achieve optimum business performance and value for money for our clients.

ASC provides tailorable lifecycle management solutions for contracts, documents, forms, CPQ and other document types and processes. The company has a proven reputation for delivering best practice solutions in industries such as communications and media, healthcare and pharmaceuticals, energy and utilities, High Tech/IT, government, retail and manufacturing. Softtek, meanwhile, provides full application lifecycle support from global delivery centers in the US, Mexico, Argentina, Spain, Brazil, China and India, which will enhance ASC's ability to better serve its client base an enriched professional services offering. Softtek clients will benefit from ASC's enterprise-grade, feature-rich tailorable solution offering which easily and flexibly scales to support businesses of all sizes and complexities from small-medium enterprises to Fortune 500 companies.

“We are excited to partner with Softtek and leverage our mutual strengths to deliver a seamless and comprehensive solution and services offering,” said Shawn King, President and CEO, ASC. “Working together we’ll deliver comprehensive nearshore contract management support services and best-in-class CLM and BPM solutions designed to drive quick adoption and optimal productivity to our customers.”

Working with Softtek, ASC will provide enhanced service delivery in areas such as contract and meta data conversion and loading, contract standards baselining for best practice process improvements and efficiency (e.g., bottlenecks), process enforcement, and even support for redlining review and renewal timetable management, etc. These services coupled with ASC’s best-in-class solutions will drive further efficiency and productivity of the contract management and BPM solutions delivered to our clients as well as help ensure quick rampup, early adoption and smooth transition to well-managed solutions.

“Softtek’s partnership with ASC will not only benefit our mutual customers but will also address the growing need for true end-to-end quality and process driven CLM and BPM solutions in both the public and private sectors,” said Krishnan Venkat, Managing Director for Procurement Services at Softtek. “Our combined capabilities will provide customers with access to an extensive portfolio of professional services complemented by top-of-the-line solutions. We are very excited about what this alliance means for our customers and the market at large.”

The two companies have agreed to jointly engage in marketing efforts to identify projects and develop business opportunities.

Founded within a framework of cross-industry best practices dating back to 1992, ASC solutions are delivered via a proven web-based platform that is easily tailored to specific environments and processes and is well suited for any industry and organizations of all sizes and complexities.

All ASC solutions provide a central database to track key milestones within a company’s business workflows and administration processes, the ability to capture images (e.g., signed contracts), approvals routing workflow management, robust search and reporting, template and clause libraries, as well as support for a wide range of meta data, document and content types and processes such as compliance and credentialing.

This strategic partnership represents another key initiative in ASC’s commitment to expanding its worldwide partner network and continuing to offer comprehensive "end-to-end" solutions and services to exceed the diverse needs of our customer base in markets around the world.

View the PDF version of the press release.

About ASC

ASC (Advanced Software Concepts Inc.) is a leading provider of cloud, Software as a Service (SaaS) and on-premise solutions for contract, document, form and configure, price and quote (CPQ) lifecycle management. Leveraging the proven ASC solution platform, ASC deploys tailored, customer-specific solutions that automate and streamline business process management requirements end to end. Features include a searchable online data repository, document generation, template library, workflow management, audit-ready history and reporting, esignature, image capture and support for a wide range of document types and processes. ASC solutions help organizations reduce costs, maximize revenue and minimize regulatory non-compliance risks. With extensive experience providing best practice solutions, ASC is an industry expert that works as a true partner to define and create unique business process management solutions for our SMB and large enterprise customers. ASC also provides solutions for order tracking, invoice validation and verification, data retention, records management, product configuration and sales configuration. For more information, please visit www.ascnet.com.

About Softtek

Founded in 1982, Softtek is a global provider of process-driven IT solutions with 30 offices in North America, Latin America, Europe and Asia. With 10 Global Delivery Centers in the U.S., Mexico, China, Brazil, Argentina, Spain and India, Softtek helps improve time-to-business solutions, lower costs of existing applications, deliver better engineered and tested applications, and produce predictable outcomes for top-tier corporations in over 20 countries.  Through on-site, on-shore and its trademarked Global Nearshore™ service delivery models, Softtek teams with CIOs to constantly increase the business value of IT. Softtek is the creator and a leader of the nearshore industry. For more information, please visit www.softtek.com.

Contact Information:

Angie Stockley
Advanced Software Concepts
angie.stockley@ascnet.com
+1-613-599-2087 x240

Karen Liedl
Softtek
karen.liedl@softtek.com

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