Company-specific tailoring of already available OpenText solutions brings about savings in maintenance and license costs and creates synergy effects throughout the corporate group

With contract management from OpenText we create legal certainty and protect the reputation and good name of the SFS Group.

Challenge

• In spite of a reminder database, contracts were not integrated in the business processes, so contract review and management were prone to error.
• The retention of contracts in paper form in the different specialist departments made it impossible to guarantee legal certainty.

Value

• Time for reviewing contracts reduced by 70 percent.
• The audit-proof archiving of digitalized cntracts creates legal certainty.
• The use of already implemented OpenText solutions saves on license and maintenance costs and halves training time.