mdf commerce signs five-year Strategic Sourcing renewal for its contract lifecycle management (CLM) solution with premier Alaska Native Corporation

This strong signal of confidence in mdf commerce underscores the company’s ability to offer an innovative and scalable product in the CLM space


MONTREAL, March 10, 2021 (GLOBE NEWSWIRE) -- mdf commerce inc. (TSX:MDF), a leader in SaaS commerce technology solutions, today announces a five-year renewal agreement with Alutiiq Professional Consulting, LLC (APC). APC is a sister company to Alutiiq, LLC (Alutiiq), a premier Alaska Native Corporation-owned company whose subsidiaries are leading providers of specialized services to the US Federal Government. The renewed mdf commerce contract lifecycle management (CLM) solution for APC has dramatically improved team collaboration and operational efficiency.

This enterprise-grade solution streamlines the complete contract lifecycle, which provides uniform and comprehensive visibility to all contracts and ensures proactive and automated CLM processes. Included is efficient document storage and administration as well as dynamic search capability and reporting.

Complying with US Federal Government regulations is of paramount importance to all federal contractors, and APC, Alutiiq and its companies can count on the CLM system’s integrated clause management feature to ensure the tracking of Federal Acquisition Regulation (FAR) and Defense Federal Acquisition Regulation Supplement (DFARS) clauses, the associated versions, and the subsequent government regulations consistent with contracted tasks.

“The mdf commerce CLM solution has vastly improved our processes when it comes to managing contracts and clauses, and ensuring a transparent and efficient workflow,” said Kathryn S. Stem, Senior Director of Contracts and Procurement at APC. “It was a very easy decision for us to renew our agreement with mdf commerce, as the CLM solution not only increases our productivity, but also helps us with compliance requirements and advanced collaboration.”

"We are excited to renew our successful partnership with APC," said Mark Eigenbauer, President, Strategic Sourcing at mdf commerce. "Fostering long-term commercial relationships like the one we have with APC is a great testament to the services we provide and we look forward to helping Alutiiq achieve its business goals."

About mdf commerce inc.

mdf commerce inc. (TSX:MDF) enables the flow of commerce by providing a broad set of SaaS solutions that optimize and accelerate commercial interactions between buyers and sellers. Our platforms and services empower businesses around the world, allowing them to generate billions of dollars in transactions on an annual basis. Our strategic sourcing, unified commerce and eMarketplace platforms are supported by a strong and dedicated team of more than 600 employees based in Canada, the United States, Denmark, Ukraine and China. For more information, please visit us at mdfcommerce.com, follow us on LinkedIn or call at 1-877-677-9088.

For further information:

mdf commerce
Mark Eigenbauer
President, Strategic Sourcing
Toll-free number: 1-877-677-9088, ext. 6250
Email: meigenbauer@mdfcommerce.com

mdf commerce
André Leblanc
Vice President, Marketing and Public Affairs
Phone: +1 (514) 961-0882
Email: aleblanc@mdfcommerce.com