SAP to Resell OpenText Extended ECM as SAP® SuccessFactors®
Extended Enterprise Content Management by OpenText
WATERLOO, Ontario, June 15, 2017 /PRNewswire/ -- OpenText™
(NASDAQ: OTEX, TSX: OTEX), a global leader in Enterprise
Information Management (EIM), today announced its global reseller
agreement with SAP (NYSE: SAP). As part of the agreement, SAP will
resell OpenText Extended ECM as SAP® SuccessFactors® Extended
Enterprise Content Management by OpenText. Designed exclusively for
SAP SuccessFactors HCM Suite, the new cloud-based solution helps
organizations manage human resources (HR) and employee documents
from generation to disposition in a secure and compliant manner.
Available immediately, the solution helps businesses to improve
organizational performance and increase HR efficiency and
productivity by centralizing the way they digitalize, create,
store, manage and access employee documents.
"More than any other department, HR professionals are
responsible for a vast amount of information which is pivotal to
the organization," said Adam
Howatson, chief marketing officer at OpenText. "Helping
companies manage their essential employee records through a single,
cloud-based source is a significant step for companies wanting to
more effectively manage an increasingly global, digital workforce.
SAP SuccessFactors Extended ECM by OpenText offers HR professionals
a solution uniquely designed to help reduce the time and complexity
associated with document management."
With SAP SuccessFactors Extended ECM, customers will be better
able to manage employee documents according to country- and
region-specific requirements, more easily locate information
through powerful search functionality, and generate HR documents
and employee correspondence through the availability of set
templates, content and pre-defined workflows. Integrated within SAP
SuccessFactors HCM Suite, the solution helps ensure that relevant
employee file content is readily accessible to HR professionals,
managers and employees within the context of the appropriate HR
business processes and workflows.
"HR digital transformation is about removing the many manual
tasks that are tedious and complicated, and that expose the
organization to security and compliance risks," said Yvette Cameron, senior vice president of
Strategy at SAP SuccessFactors. "As workforces expand and
businesses become increasingly global, HR cannot afford to spend
hundreds of hours each year manually storing, managing and
retrieving employee documents. With SAP SuccessFactors Extended
ECM, we are fulfilling our commitment to helping our customers
achieve efficiency and accuracy as they operate on a global
scale."
Additional highlights include:
- Centralized Digital Employee Files – Pre-defined HR
folder structures and taxonomy help simplify the processing,
managing and securing of large volumes of employee, retiree,
contractor and job applicant documents from one location.
- Document Management – Version control, audit trails,
metadata, document search and employee workspaces help organize,
control and locate documents.
- Records Management – Document-level rules for access,
retention, deletion and legal compliance support regulatory
compliance, and help minimize the risks associated with audit and
litigation.
- Employee File Completeness Check – Completeness check
alerts notify HR managers of missing or out-of-date documents.
- HR Document Generation – Robust document-generation
platform supports HR document creation requirements.
- Integration to SAP SuccessFactors HCM Suite and SAP ERP
HCM – Solution integration provides centralized management of
employee documents in a hybrid environment.
About OpenText
OpenText enables the digital world, creating a better way for
organizations to work with information, on premises or in the
cloud. For more information about OpenText (NASDAQ: OTEX, TSX:
OTEX) visit opentext.com.
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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 ©2017 Open Text. OpenText is a trademark or registered
trademark of Open Text. 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. All rights reserved. For more information,
visit: http://www.opentext.com/who-we-are/copyright-information.
SAP, SuccessFactors, SAPPHIRE NOW and other SAP products and
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company) in Germany and other
countries. See
http://www.sap.com/corporate-en/legal/copyright/index.epx for
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All other product and service names mentioned are the trademarks
of their respective companies.
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SOURCE Open Text Corporation