Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

OpenText Will Transform and Accelerate Business Processes with OpenText Business Center for SAP® Solutions

T.OTEX

New Platform to Integrate with SAP Software to Simplify Capturing, Access, Managing and Routing

WATERLOO, Ontario, Nov. 21, 2014 /CNW/ -- OpenText™ (NASDAQ: OTEX, TSX: OTC), a global leader in Enterprise Information Management (EIM), today announced OpenText Business Center for SAP® solutions. OpenText Business Center for SAP solutions is designed to provide customers with a new platform for digitizing the capture, approval and processing of documents in a workflow supported by SAP software. OpenText will enable customers to accelerate and streamline processes, while reducing errors and providing a complete, real-time view of the end-to-end processes.

OpenText logo.

As enterprises look to transform for the "Digital-First World," the handling of incoming documents and data streams and associated processes needs to match the fast-moving requirements of the business. Tightly integrated into SAP solutions, OpenText Business Center for SAP solutions is designed to extract data directly from incoming documents to populate, validate and browse many business objects in SAP software to help achieve a completely digital process.

OpenText Business Center for SAP solutions will enable customers to:

  • Digitize incoming documents, such as paper, email, PDF or fax
  • Simplify data entry, validation and processing
  • Browse many business objects in SAP software and get a holistic view
  • Accelerate workflow implementation in SAP software, typically by a factor of 5-10
  • Connect instantly with business partners via the flexible electronic input channel
  • Access and approve workflows on the go with an SAP mobile app

"OpenText Business Center will be an integral part of the OpenText Suite for SAP solutions," said Adam Howatson, chief marketing officer at OpenText. "With OpenText Business Center for SAP solutions, our customers will be able to streamline operations to be more efficient in their day-to-day business, freeing up much-needed resources to focus on their core value propositions and moving towards creating a truly digital enterprise."

The latest offering in the OpenText Suite for SAP solutions, the platform is designed to complement OpenText Vendor Invoice Management for SAP solutions and OpenText Extended ECM for SAP solutions. The new solution will help organizations manage and process many types of incoming documents including sales orders and delivery notes, purchase requisitions and HR applications, and more.

OpenText Suite for SAP solutions is designed to enable end-to-end business value. The solutions easily plug in to the existing business architecture running SAP software, reflecting SAP's innovation strategy for non-disruptive adoption. OpenText Suite for SAP solutions help assure that content is available in context, keeping its lifecycle intact, from creation to disposal.

Availability
OpenText Business Center for SAP solutions is scheduled to be available in March 2015.

Learn more about OpenText EIM:
Read the blog of Mark Barrenechea, OpenText's CEO

About OpenText
OpenText is the leader in Enterprise Information Management, helping customers to create a Digital-First World by simplifying, transforming, and accelerating their information needs. Over 100,000 customers already use OpenText solutions, either on premises or in our cloud.  For more information about OpenText (NASDAQ: OTEX; TSX: OTC), please visit: www.opentext.com.

Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. These statements are based on OpenText's current expectations, estimates, forecasts and projections about the operating environment, economies and markets in which the company operates. These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. OpenText's assumptions, although considered reasonable by the company at the date of this press release, may prove to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. For additional information with respect to risks and other factors which could occur, see OpenText's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC and other securities regulators. Unless otherwise required by applicable securities laws, OpenText disclaims any intention or obligations to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Copyright ©2014 Open Text Corporation. OpenText is a trademark or registered trademark of Open Text SA and/or Open Text ULC. The list of trademarks is not exhaustive of other trademarks, registered trademarks, product names, company names, brands and service names mentioned herein are property of Open Text SA or other respective owners. All rights reserved. For more information, visit: http://www.opentext.com/2/global/site-copyright.html_SKU.

SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE (or an SAP affiliate company) in Germany and other countries. See http://www.sap.com/corporate-en/legal/copyright/index.epx for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies.

Logo - http://photos.prnewswire.com/prnh/20130730/CL55531LOGO

SOURCE Open Text Corporation

Robin Lane, OpenText, +1 301-340-4277, PublicRelations@OpenText.com; Katie Carbone, Weber Shandwick, +1 617-520-7135, kcarbone@webershandwick.com, http://www.OpenText.comCopyright CNW Group 2014


Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today