Ceridian Selects the diCarta Enterprise Contract Management Solution

Market Wire, November, 2004

diCarta, a leading provider of enterprise contract management solutions, today announced that Ceridian Corporation (NYSE: CEN) has selected diCarta Contracts to manage the customer contracting process for its human resource solutions business. Ceridian will use diCarta Contracts to accelerate its contracting cycle by streamlining how complex sales contracts are managed at each stage of a customer relationship.

Ceridian Human Resource Solutions is a leader in managed human resource solutions that maximize the value of people. Ceridian serves more than 20 million employees in the United States, Canada, and Europe.

diCarta enterprise contract management solutions enable companies to improve sales effectiveness and operational efficiency at every stage of the contracting process -- from contract creation, negotiation, and deliverables management to amendment management and contract renewal. This breadth of functionality allows companies to shorten sales cycles, reduce revenue recognition issues, and structure more profitable contracts.

Ceridian will use diCarta Contracts to manage its sales contracts company-wide. It will also integrate diCarta Contracts with its pricing and billing solutions to provide a closed loop that ties the company's actual contracts and legal contract processes to day-to-day operations and systems.

"diCarta has experienced exceptional traction in the marketplace as both sales organizations and procurement teams continue to embrace the diCarta Contracts solution," said Mike Kaul, President and Chief Executive Officer of diCarta, Inc. "We are pleased to have industry leaders like Ceridian join our roster of global, marquee customers such as Kraft, Kohler, NBC, and Network Appliance that are already benefiting from diCarta Contracts."

About diCarta

diCarta is a leading provider of enterprise contract management solutions to manage the entire contract lifecycle. diCarta Contracts provides the control and visibility that companies need to create better contracts, meet contractual obligations, manage customer and supplier performance against contract terms and language, and continually improve operations. Fortune 1000 companies such as Kraft, Kohler, NBC, and Network Appliance depend on diCarta.

For more information about diCarta solutions, visit www.dicarta.com or call 1-888-496-2600.

For further information, contact: Daniel Cahill Roaring Communications (for diCarta) (212) 717-8838 (917) 617-0106 dcahill@roaringcommunications.com


 

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