SAN FRANCISCO, Dec. 2, 2015 /PRNewswire/ -- Seal Software announced today that it has been selected as a 2015 Red Herring Top 100 Global Award Winner. The prestigious award recognizes the leading private companies from North America, Europe and Asia, celebrating the innovations and technologies of startups around the world, across their respective industries. Red Herring's Top 100 Global list has become a mark of distinction for identifying promising new companies and entrepreneurs.
"Choosing the companies with the strongest potential was by no means a small feat," said Alex Vieux, publisher and CEO of Red Herring. "After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across the globe to the Top 100 winners. We believe Seal Software embodies the vision, drive and innovation that define a successful entrepreneurial venture. The company should be proud of its accomplishment."
Seal Software is transforming how organizations view and run their businesses by revolutionizing the world of contracts – the most foundational element of commerce that is at the heart of virtually every business relationship. Seal solutions help organizations locate all their contracts across the network and perform comprehensive analysis on the entire portfolio. This helps organizations fully understand the risk, regulatory compliance, liabilities, and opportunities that are hidden deep within their portfolio of contracts.
"The need for contractual data to be extracted, indexed, and analyzed to make strategic business decisions has never been greater. Global markets are dynamic, M&A activity is rapidly increasing, regulatory mandates are evolving, and all of this directly impacts an organization's contracts," said Ulf Zetterberg, CEO of Seal Software. "Being chosen as a winner of the 2015 Red Herring Top 100 Global Award underscores our mission to help customers easily find all their contracts, and turn the data they contain into actionable intelligence."
Red Herring's editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy and market penetration. This assessment of potential is complemented by a review of the track records and standing of startups relative to their peers, allowing Red Herring to see past the "buzz" and make the list a valuable instrument of discovery and advocacy for the most promising new business models from around the world.
About Seal Software
Seal Software, the leading provider of contract discovery, extraction and analytics solutions, enables companies around the world to effectively manage their contract portfolio by understanding exactly where their contracts are when needed and, more importantly, what is buried within them, in order to maximize revenue opportunities, mitigate risk and reduce expenses.
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. The Seal platform is used within 8 out of 10 of the top Legal Process Outsourcing (LPO) providers, and a long list of Global 1000 corporations, delivering increased visibility into time-critical opportunities and risks while alleviating contract review processes and technical challenges. For more information, visit Seal Software at: www.seal-software.com. Connect with Seal Software on Facebook, LinkedIn and Twitter.
SOURCE Seal Software Limited