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Contract Management Software Company under Blockchain Technology Gains Recognition in Colombia

The Colombian company Comforce, which offers software based on blockchain technology for contract management, has been recognized by FEDESOFTas one of the most innovative software companies in Colombia to ensure the traceability of all contracts of a company with the highest precision. As stated, is the digital communication medium ship TV.

The Colombian Association of the Software Industry and Related Information Technologies (FEDESOFT), which brings together 605 software companies in the state of New Granada, was honored as part of its Ingenio Awards, the Comforce companyfor his contractual management in the Compensar remuneration fund, which manages to digitize 90 percent of the company’s settings.

With this in mind, the Compensar Legal Services Coordinator stated the following:

“With the implementation of Comforce in Compensar, we were able to develop the integration of teams of different categories, lawyers, engineers, technicians and administrative staff in a truly collaborative system in which we have online information and absolute traceability of all transactions that we make within the framework of the conclusion of the contract. This enables us to react more agile to internal and external customers and to guarantee absolute information security, ”said Alejandro Gutiérrez in this context.

Contract Management Software Company under Blockchain Technology Gains Recognition in Colombia
Contract Management Software Company under Blockchain Technology Gains Recognition in Colombia

The Colombian contract management software company uses Artificial Intelligence (AI) and blockchain to ensure the traceability of all a company’s contracts with rigorous precision. Avoiding losses for this concept which is currently reflected in millions of dollars worldwide.

“We relieve companies of this operational burden so that they can focus on the core of their business without errors. They can also control the information on a single central platform.”, explained the specialist in the administration and management of contracts and suppliers using blockchain, Rafael Franco, CEO and founder of Comforce.

About Comforce

Comforce is a company that is represented in six Latin American countries. It works with multinational companies at the level of Quala, Ecopetrol, Sura Aset Management, Redeban and companies with great national experience such as Compensar, Coomeva, Viva Air and TIGO / UNE.

The company manages more than $ 45 billion in employees. The company has 6,000 users who have subscribed to its platform and has seen sustained annual growth of between 20 and 45 percent over the years of operation.

However, it should be noted that the company, like many others around the world, has had a year of ups and downs due to the global health crisis, but this recognition by the Colombian Federation of Software and Related Information Technology Industries (FEDESOFT) has the company motivated to keep going.

As the director Rafael Franco explained, this year the company felt it was necessary to rethink its entire strategy and projects as a company.

“We are working more attentively on our current customers instead of thinking about expansion plans and new services, optimizing processes and further improving our software and intensifying our research and development work.” stated the CEO of Comforce.

Ingenio Awards

This Monday, November 30th, the eighth edition of the most important awards in the history of software in the Colombian industry took place in Colombia.

The Ministry of Information Technologies and Communications and the Colombian Association of the Software Industry and Related Information Technologies (FEDESOFT) have presented the Ingenio 2020 Awards, which recognize the best initiatives in the country’s software industry.

The Ingenio Awards are intended to recognize initiatives that focus on the application and development of software in various corporate and government bodies. It is also proposed to support and highlight the most innovative projects in the implementation of software in national and international organizations, as well as in enterprise software products or for mass use, and to strengthen relationships between developer companies and public and private organizations inside and outside the Colombian borders.

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