Realyst today announced that in conjunction with its Nigerian reseller, Softworks, MTN Nigeria has successfully implemented the former`s contract management system.
"Following a successful implementation, they have over 5 000 contracts now being handled by the Realyst system," commented Paul Maddison, director of Realyst.
"This is our first installation in continental Africa and our first with Softworks," added Maddison. "It is always gratifying to see many of the benefits that we know can be achieved, materialising in practice. Contract lifecycle management is just one aspect of the `compliance` issue that now faces all organisations. However, addressing this part of the `complete` solution ensures a sound basis for tackling the other phases of this multi-faceted topic."
MTN Nigerian has nearly 10 million subscribers and is the leading mobile operator in that country, with an estimated market share of 45%.
For further information, please contact Paul Maddison: tel +27 11 463-5311, fax +27 11 463-7179, e-mail pmaddison@realyst.com
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Softworks is a subsidiary of Telnet Nigeria, although it was originally created out of iTECO (Nigeria), yet another subsidiary of Telnet. Telnet Nigeria was founded in 1985 and commenced operation in 1986 with the mission of providing telecommunication and related services of the highest professional standard. Since then it has become the leading provider of solutions and services in the field of information and communications technology in Nigeria.
Realyst
Contract risk management is a key component of operation, process and risk management in any organisation, and as such, is a significant element of an organisations corporate governance responsibility.
Realyst reduces operating risk and potentially increases profit by supplying services and systems to enterprises that enables them to improve governance and compliance through "best practice" contract risk management.
The Realyst customer base includes several large corporate organisations including Discovery Health, Easigas, Foschini, MTN Nigeria, MultiChoice, Nike, Primedia and Woolworths.
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