Open Text expands portfolio of ECM solutions for Oracle Applications

Issued by Global Research Partners for Open Text

Johannesburg, 18 Jan 2010

Open Text Corporation, a global leader in enterprise content management (ECM), today announced that it has expanded its portfolio of ECM solutions for Oracle Applications with the introduction of new content access and accounts payable solutions.

Using these Open Text offerings, enterprises can associate Oracle transactions with business content to increase process efficiency, reduce operating costs and more effectively manage risk.

In any company there are two primary streams of information. One is the structured-data side driven by Oracle Applications. The second is the flow of electronic and paper content assets that surround a transaction, ranging from simple e-mail confirmations to formal contracts as well as paper documents.

Enterprises that can successfully correlate these two streams of information can realise significant productivity gains. That is where Open Text ECM solutions for Oracle come in, enabling customers to take full advantage of the Open Text ECM Suite.

"We have a longstanding relationship with Oracle and are committed to continued development using Oracle Fusion middleware to deliver innovative ECM technology and solutions integrated with Oracle Applications," commented Rich Buchheim, Vice-President of Oracle Solutions at Open Text. "Today we are announcing completely new capabilities to help Oracle customers significantly improve content access and archiving, while also introducing extensive enhancements to our leading accounts payable solution for Oracle."

Open Text Content Access for Oracle

Open Text Content Access for Oracle is a new offering that provides a single point of access to Oracle and non-Oracle data and content assets from either the Oracle user interface or from the Open Text ECM Suite. It enables companies to organise and manage all content, including legacy content, in virtual folders, and provides an easy and low-cost way to archive documents.

Organisations often must re-use the same business content throughout multiple applications, even though parts of documents are tied to specific applications such as ERP or CRM. Open Text Content Access for Oracle provides a means of sharing this business content across different applications for a single face to customers, partners or employees.

While regulations vary around the world, they all require that organisations track, manage, and retain business information. Open Text Content Access for Oracle addresses evolving compliance requirements by leveraging the ECM Suite to securely store content for designated periods, link related information, provide an audit history for corporate content, and enable organisations to quickly access any document on demand.

Open Text Accounts Payable for Oracle

Part of the Open Text ECM Suite, Open Text Accounts Payable for Oracle is a complete solution that streamlines the procurement-to-pay cycle. It leverages Oracle Fusion Middleware to integrate into the Oracle E-Business Suite, Oracle's PeopleSoft Enterprise, and Oracle's JD Edwards EnterpriseOne. Key capabilities include invoice routing and approval, invoice management, document and data capture, workflow management, content storage, and process reporting.

The latest release of Open Text Accounts Payable for Oracle, version 3.0, features extensive enhancements that improve usability, increase configuration flexibility, provide more robust auditing, enhance process archiving, and simplify administration. To help staff members access the right information at the right time, comments and attachments can now be added at any step in the workflow process.

In addition, the new release supports JD Edwards EnterpriseOne 8.12 (and above) and delivers tighter integration with ERP financial modules. It allows distributed processing (coding, review, approval, and vouchering) inside or outside of the JD Edwards system. This approach helps eliminate bottlenecks and distributes workload by allowing the people "in the know" to review, approve, and enter the invoice data directly into the Open Text solution without the need for JD Edwards user licences or direct accounts payable involvement, unless desired.

For further information, please contact Rob Shaw: tel +27 83 626-3811, fax +27 86 646 4178, e-mail rshaw@opentext.com

Open Text

Open Text, an enterprise software company and leader in enterprise content management, helps organisations manage and gain the true value of their business content. Open Text brings two decades of expertise supporting 50 million users in 114 countries. Working with our customers and partners, we bring together leading Content Experts to help organisations capture and preserve corporate memory, increase brand equity, automate processes, mitigate risk, manage compliance and improve competitiveness.

In southern Africa, Open Text's business partners are Accenture, Business Connexion, Datacentrix, IA Systems and SAP Africa; and its customer base includes organisations from across both the private and public sectors such as Alexander Forbes, Anglo Platinum, BMW, Department of Environmental Affairs and Tourism, Distell, Engen, Exxaro Resources, Mittal Steel, Office of the President, Provincial Government of the Western Cape, SABMiller, Sasol, Telkom SA and Toyota.

Safe harbour statement under the Private Securities Litigation Reform Act of 1995

This news release may contain forward-looking statements relating to the success of any of the company's strategic initiatives, the company's growth and profitability prospects, the benefits of the company's products to be realised by customers, the company's position in the market and future opportunities therein, the deployment of Open Text ECM Suite and our other products by customers, and future performance of Open Text Corporation. Forward-looking statements may also include, without limitation, any statement relating to future events, conditions or circumstances. Forward-looking statements in this release are not promises or guarantees and are subject to certain risks and uncertainties, and actual results may differ materially. The risks and uncertainties that may affect forward-looking statements include, among others, the failure to develop new products, risks involved in fluctuations in currency exchange rates, delays in purchasing decisions of customers, the completion and integration of acquisitions, the possibility of technical, logistical or planning issues in connection with deployments, the continuous commitment of the Company's customers, demand for the company's products and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission (SEC), including the Form 10-K for the year ended June 30, 2009. You should not place undue reliance upon any such forward-looking statements, which are based on management's beliefs and opinions at the time the statements are made, and the company does not undertake any obligations to update forward-looking statements should circumstances or management's beliefs or opinions change.

Copyright (c) 2009 by Open Text Corporation. OPEN TEXT and Open Text ECM Suite are trademarks or registered trademarks of Open Text Corporation in the United States of America, Canada, the European Union and/or other countries. This list of trademarks is not exhaustive. Other trademarks, registered trademarks, product names, company names, brands and service names mentioned herein are property of Open Text Corporation or other respective owners.

For more information on Open Text, go to: http://www.opentext.com.

Editorial contacts