OpenText
OpenText transforms contract management with a solution from its own product portfolio
Leading information management company centralizes thousands of contracts on OpenText Contract Center for enhanced visibility, efficiency, and savings.
Challenge
- Increasing number of contracts meant the process of doing reports manually became inefficient and time consuming
- The team did not have the planning visibility as to when a contract was coming up for renewal
Product(s)
Value
- Centralized storage and management of all contracts from a shared drive to a secure repository
- Gained contract visibility to track renewals and enable improved business decisions resulting in savings of more than 20%
- Enhanced productivity with a 40% increase in the volume of contracts processed Enabled remote employee access to support modern work
About OpenText
For nearly 30 years, OpenText has been delivering mission-critical Information Management solutions across industries around the world. The comprehensive OpenText Information Management portfolio of products and services provides secure and scalable solutions for organizations of every size. In today’s cloud-first world, OpenText offers a strategic platform that drives competitive positioning, product innovation, business agility, and cost management.