diCarta and Capgemini Form Strategic Contract Management Alliance
Market Wire, March, 2005
diCarta, a leading provider of enterprise contract management software, and Capgemini U.S. LLC, one of the world's largest providers of consulting, technology, and outsourcing services, today announced a global strategic alliance to address the increasing demand for contract management related services and solutions in the life sciences industry, including biotechnology, pharmaceutical, and medical equipment companies. This alliance builds on the solid track record and leadership that each company has demonstrated within the life sciences sector.
Capgemini and diCarta are working together to jointly develop and deliver contract management solutions that are of particular interest to life sciences companies. These include: sales contracts (establishment, compliance management, and performance monitoring and analysis); licensing and IP contract establishment and compliance; and supplier contract management solutions. Capgemini has established an Enterprise Contract Management (ECM) practice within its Life Sciences Industry practice. This practice is focused on helping its clients improve operational performance in the enterprise contract management space, which includes deploying diCarta's ECM solutions worldwide. In addition, Capgemini and diCarta are working closely together to build awareness through co-marketing efforts and to jointly sell to targeted enterprise accounts.
As a result of these efforts, Capgemini and diCarta already are implementing diCarta Contracts software at one of the nation's largest pharmaceutical companies.
"Life sciences companies are pursuing tangible benefits through contract management operations redesign, standardization, and automation," said Joseph Coppola, Vice President, Contract Management Services & Solutions Practice for Capgemini Life Sciences. "diCarta is a contract management software leader with unique capabilities and advantages. Our depth of experience working with life sciences companies in the contract management area, coupled with the diCarta Contracts software solution, enables us to jointly deliver unique and substantial business value for our clients."
"Fortune 1000 enterprises increasingly are deploying diCarta enterprise contract management solutions worldwide, and the value the diCarta solution provides to Life Sciences companies is particularly compelling," said Mike Kaul, President and CEO, diCarta. "Capgemini has deep domain expertise in life sciences. With this alliance, our customers can be certain they will realize the full strategic and bottom-line benefits that contract management provides."
With diCarta Contracts, companies can gain control over contracts and contract management processes, increase visibility into contractual obligations, and more effectively manage to the terms of final agreements. The results are increased profitability, reduced legal and financial risk, as well as lower procurement costs. diCarta Contracts spans every stage of the contract life cycle, from contract creation and negotiation, to obligations management and compliance enforcement, through ongoing analysis and improvement.
About Capgemini
Capgemini, one of the world's foremost providers of consulting, technology, and outsourcing services, has a unique way of working with its clients, which it calls the Collaborative Business Experience. Through commitment to mutual success and the achievement of tangible value, the company helps businesses implement growth strategies, leverage technology, and thrive through the power of collaboration. Capgemini employs approximately 60,000 people worldwide and reported 2004 global revenues of 6.291 billion euros. More information about individual service lines, offices, and research is available at www.capgemini.com.
About diCarta
diCarta, Inc. provides contract management software that delivers better contracts and more effective contracting processes for some of the world's largest, most contract-intensive enterprises. With diCarta solutions, organizations are able to reduce procurement spending, improve sales effectiveness, and increase supplier compliance by allowing actual contracts to drive day-to-day operations. Global 2000 companies such as United Healthcare, Affymetrix, Wellmark, ConocoPhillips, Kohler, and NBC, depend on diCarta Contracts. For more information about diCarta solutions, visit www.dicarta.com or call 1-888-496-2600.
For further information, contact: Capgemini: Bridget Conroy GCI Group (for Capgemini) Office: (212) 537-8079 Mobile: (646) 645-6175 bconroy@gcigroup.com diCarta: Daniel Cahill Roaring Communications (for diCarta) Office: (415) 552-3999 Mobile: (917) 617-0106 dcahill@roaringcommunications.com
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