Seal Software Recognized as a Top 50 Company to Know by Spend Matters

SAN FRANCISCO, March 24, 2014 /CNW/ - Seal Software, the leading provider of solutions to discover, extract, and analyze contracts and their content, announced today that it has been recognized by Spend Matters, a global content community dedicated to examining a range of procurement and supply chain issues as a "Top 50 Company to Know." Spend Matters editors and analysts included Seal Software in its influential list based on Seal's significant role in advancing the eProcurement marketplace with its comprehensive Contract Discovery and Analytics platform offering.

As part of the inaugural Spend Matters Almanac, the "50 to Know" are all members of what Spend Matters refers to as "the old procurement guard" and, "simply put, they're companies you should have some basic information on at all times." The core Spend Matters team chose the list based on market-leading technologies, solutions, and service areas within procurement and supply chain software firms, outsourcers, data providers, research providers, consultants, and membership organizations. Inclusion in the Spend Matters Almanac is prestigious; it serves as an important resource for enterprise procurement practitioners, contract management professionals, advisors and consultants worldwide.

"Seal Software's Contract and Analytics platform was developed to empower our customers and partners to expand their visibility into the state of contracts throughout their organizations," said Ulf Zetterberg, founder and chief executive officer, Seal Software. "It is an honor to be included in the Spend Matters Almanac "50 to Know" list as it underscores our commitment to provide customers including procurement professionals with the tools they need to become more agile and knowledgeable about their contract portfolio."

"Seal has taken their unique contract discovery solution, and added a more intuitive and scalable user interface to the solution - plus enabling support for contracts in any language that your staff is capable of handling," says Thomas Kase, vice president, Research, Spend Matters. "Seal's updated Analytics module delivers a dynamic approach to analyzing contract content that is nearly as unique as their Discovery module, and it's well worth evaluating. In combination, the solutions will truly shine in organizations with digital source contracts and more mature pre-negotiated clause approaches to contract management, but will work well with hard scans and in less sophisticated contracting environments as well. This level of innovation and forward-thinking execution led Seal to a spot on our Top 50 Companies to Know list."

Additional information on the Spend Matters Almanac can be found online at https://spendmatters.com/almanac/.

About Seal Software

Seal Software's Contract Discovery and Analytics platform helps companies maximize revenue opportunities and reduce expenses and costs associated with contracts, and contract management systems and processes.

Seal Contract Discovery locates contractual documents within minutes wherever they reside within an organization and is rapidly deployable; extracting key contractual terms and clauses, rendering them for easy review, and populating corporate repositories, including Customer Relationship Management (CRM), Contract Lifecycle Management (CLM), and Enterprise Resource Planning (ERP).

Seal Contract Analytics empowers clients to analyze contracts by discovering specific language and clause combinations that are most relevant to your business.

For further information, visit the Seal Software website: www.seal-software.com.

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SOURCE: Seal Software

Media Contact: Becki Gervin, Walt & Company, 408.369.7200 x 1070, [email protected]

http://www.seal-software.com

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