Valsoft Corporation Inc., a Montreal-based company specialising in the acquisition and development of software companies in vertical markets, announces the acquisition of WorkDynamics Technologies Inc. (“WorkDynamics”), a provider of workflow and document management software catered to the public sector in Canada and the US, across federal and provincial governments.
Headquartered in Ottawa, Ontario, WorkDynamics offers solutions that facilitate the storage and retrieval of information such as paper and electronic documents, memos, emails, phone call records and other correspondences.
With the acquisition of Work Dynamics, Valsoft enters the document management vertical with the objective of expanding into the space.
Managing workflow
“WorkDynamics has been in the business of helping organisations streamline and manage correspondence and workflow-related activity for more than 24 years,” commented Grant Bifolchi, founder and senior VP of WorkDynamics.
“Valsoft’s acquisition undoubtedly will present a wonderful opportunity for us to take what we offer to the next level both in technical capability and in customer opportunity.”
A range of applications
WorkDynamics was historically used for correspondence control management
WorkDynamics was founded in 1998 by Grant Bifolchi. The software was historically used for correspondence control management between government and constituents.
Over the years, the breadth of the solution increased and now has applications for workflow automation & tracking, case management, bylaw management, compliance, reporting & monitoring.
Document management vertical
“We are excited to enter the document management vertical through our acquisition of WorkDynamics” stated Michael Assi, CEO of Aspire Software, the operating division at Valsoft.
“Grant and his talented team have built a stellar reputation in the industry and we are looking forward to supporting their growth for years to come and expanding further into the document management space.”