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Mercury Payment Systems Selects Novatus Contract Management as Contract Lifecycle Management (CLM) Provider

Orlando, FL and Durango, CO (PRWEB) May 02, 2013

Mercury Payment Systems has chosen Novatus Contract Management as its contract lifecycle management provider. Novatus is an industry pioneer and recognized leader in SaaS CLM software that integrates with other internal software programs, providing flexibility, profitability and productivity for companies around the world.

Mercury’s CEO tasked the general counsel of the company to find more efficient ways to not only track contracts throughout the organization, but to be able to manage the entire CLM process from a legal and compliance point of view. Items of particular importance in finding the right solution included the ability to administer key approval processes, reach across departments – including legal, procurement, and sales - and integrate with both an existing CRM database system and the company’s upcoming adaptation to SalesForce, which is anticipated to be completed by the end of 2013.

“Mercury’s timeframe was tight, as they were looking to have a new CLM system in place by the end of 2012,” says Novatus Vice President of Sales, Michael Torres. “We were able to offer solutions to each one of their needs, but most importantly, we could do it quickly to meet their deadline successfully and competently.”

After an initial meeting in November, 2012, the Novatus team assessed Mercury’s needs and were able to put together a comprehensive plan and strategy that provided the functionality they needed to manage the company’s complex internal workflow while meeting the specified tight timeline for implementation. With speed, flexibility, and industry recognized expertise, Novatus was able to have Mercury’s new CLM system up and running by the end of 2012.

“We needed a solution that offered powerful feature set, ease of use for our team, and provided the ability to grow with our business,” says Mercury’s General Counsel, Ross Agre. “Michael and the team at Novatus not only were able to meet all of our needs, but most importantly, were able to do it efficiently and effectively within weeks.”

About Novatus Contract Management
Novatus was founded in 2008 by well-respected and globally recognized contract and supply chain industry leaders and pioneers in the contract lifecycle management (CLM) industry, who are passionate about providing results-oriented contract, compliance and supplier management web-based software solutions and unrivaled customer support resulting in measurable, positive business results for their clients. Novatus has a compelling and scalable business solution for companies of every size, and Novatus is in use today by thousands of Global 1000 users to manage diverse purchase, sales and partner agreements. For more information, visit or call 877.745.3070. Follow us on Twitter, Facebook and LinkedIn.

About Mercury Payment Systems
Mercury (Mercury Payment Systems, LLC) is one of the fastest-growing payment processing and revenue solutions companies in North America. Mercury is a trusted, award-winning channel partner to over 500 point-of-sale (POS) Independent Software Vendors and 2,500 POS Value Added Resellers, delivering secure and reliable integrated payments and visionary technology leadership to the industry. Mercury is pioneering the “Social POS,” empowering its merchants to identify, acquire and retain customers through unique engagement and closed-loop measurement in addition to innovative products like MercuryLoyalty™ – the industry’s first card-less loyalty solution that integrates mobile and social technology into point-of-sale (POS) systems. For additional information on Mercury, please visit or follow on Twitter @mercurypay.

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