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OpenText Contract Center provides a completed integrated solution for all types of contracts, including buy-side, sell-side, and other legal agreements. It is an out-of-the-box solution for all aspects of contract processing, from initiation and request, to authoring, negotiation, approval, execution, management, and renewal.
Category
Contract Lifecycle Management Software
Features
Centralized, secure repository Powerful search and analytics tools Effectively managing key milestones Templates ready for use
License
Proprietary
Price
Contact for pricing information.
Pricing
Subscription
Free Trial
Available
Users Size
Small (<50 employees), Medium (50 to 1000 Enterprise (>1001 employees)
Company
OpenText Contract Management
PAT Rating™
Editor Rating
Aggregated User Rating
Rate Here
Ease of use
8.7
8.0
Features & Functionality
8.9
8.7
Advanced Features
8.9
8.4
Integration
8.7
8.7
Performance
8.8
9.2
Customer Support
8.8
8.7
Implementation
8.2
Renew & Recommend
9.1
Bottom Line
OpenText Contract Center provides a holistic, strategic and flexible approach to support your organization’s contracting processes. It does this with a completely integrated solution that implements contract management best practices, supported by an enterprise-class process automation platform and a best-in-class information governance framework.
8.8
Editor Rating
8.6
Aggregated User Rating
1 rating
You have rated this
Open Text Contract Management provides a completed integrated solution for all types of contracts, including buy-side, sell-side, and other legal agreements. It is an out-of-the-box solution for all aspects of contract processing, from initiation and request, to authoring, negotiation, approval, execution, management, and renewal. Open Text Contract Management Rapidly locates all contract knowledge across the enterprise through a centralized, secure repository.
It enforces contract standardization and minimizes risk through use of templates that incorporate approved language as well as accelerate cycle times and reduce operational costs by automating the creation, review, approval and even execution processes. Users can take advantage of contract incentives by effectively managing key milestones and ensure adherence to terms and conditions.
On the other hand, proactively manage renewals for increased revenue and cost savings as it also provides powerful search and analytics tools enable extensive insight into contract performance. Control archiving and dispositions, making sure contracts age appropriately minimizing exposure to risk due to non-compliance.Another feature would be Open Text Contract Center which improves profitability and reduces risk for organizations by ensuring consistent, secure contract policies and processes from creation through fulfillment.
With Open Text, users can drive the digital transformation of both buy- and sell-side contract processing, shortening cycle times, lowering processing costs, and improving customer service. A holistic, flexible solution, Open Text Contract Center is purpose-built to support strategic contracting initiatives for global enterprises.
Extend byDesign with features like document scanning and comprehensive workflow-controls
Company size
Enterprise (>1001)
User Role
IT Support
User Industry
Construction
Rating
Ease of use8
Features & Functionality8.7
Enables you apply records management controls, and advance your data search by accessing ERP and EIM data once.
Advanced Features8.4
Integration8.7
Training 8.7
Customer Support8.7
Implementation8.2
ADDITIONAL INFORMATION The platform enables you access and integrate content and information of your EIM system throughout and into SAP Business ByDesign. The platform enables you to improve your information management and reduce costs of enterprise content management. The EIM and ERP make it easy to advance your data search.
Extend byDesign with features like document scanning and comprehensive workflow-controls
Enterprise (>1001)
IT Support
Construction
Enables you apply records management controls, and advance your data search by accessing ERP and EIM data once.
ADDITIONAL INFORMATION
The platform enables you access and integrate content and information of your EIM system throughout and into SAP Business ByDesign. The platform enables you to improve your information management and reduce costs of enterprise content management. The EIM and ERP make it easy to advance your data search.