OpenText B2B Managed Services Enables Complete Visibility into B2B Processes and Allows Key Staff to Focus on Top Line Growth and Innovation
WATERLOO, Ontario, Nov. 29, 2016 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX, TSX: OTC), a global leader in Enterprise Information Management (EIM), today announced that Solenis, a global manufacturer of specialty chemicals, has selected OpenText to digitize its supply chain. Solenis will use OpenText to automate and simplify its B2B processes to increase efficiency and improve customer responsiveness.
Solenis' global supply chain relied on manual processes using legacy systems that made the company's B2B process and supply chain management complicated and cumbersome. Solenis turned to OpenText for a solution to simplify and automate Solenis processes.
"Our challenges stem from a number of manual processes that we have inherited over the years," said Charles Wallace, chief information officer at Solenis. "Relying on an ever-changing personnel platform to manually handle transactions on legacy systems creates a challenge for us. We want to build a digitized conversation where we can manage our systems from beginning to end, from procure-to-pay."
Solenis selected OpenText to digitize Solenis' supply chain and standardize processes, to automate and manage the flow of transactions with their suppliers and customers. OpenText also enables Solenis to quickly onboard new customers and suppliers to Solenis' new cloud-based platform. By choosing B2B Managed Services, the company leverages OpenText to lead the implementation and help manage the everyday operations of the solution, freeing up Solenis staff to focus on their core business and new opportunities.
"OpenText B2B Managed Services is a great fit because we can stay focused on core business and also meet our goals for digital transformation," said Wallace. "This is a tremendous opportunity to redirect our attention, to redirect our staff and to redirect the mind of the organization so that we can focus on the things that matter for our customers."
The new implementation builds on the OpenText environment that Solenis had in place previously. "Speaking with the team, we realized that OpenText has a lot more to bring to the table and can offer things we really need and want to embrace such as business process management and business process digitization. OpenText is integral to digitizing our business processes end-to-end, order-to-cash, purchase-to-pay and so on," concluded Wallace.
The OpenText EIM portfolio enables organizations to discover and manage information to spur growth and innovation and decrease time to competitive advantage. The platform consists of comprehensive and integrated product solutions including Content Suite, Process Suite, Experience Suite, Analytics Suite and Business Network. OpenText's EIM solutions are available for deployment on-premises, in the cloud and in hybrid deployments.
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: OTC) visit 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.