Alabama Gas Automates Procurement Processes with Open Text s Livelink ECM
Using Livelink ECM Software For Use With SAP® Solutions, Alabama Gas Streamlines Internal Controls For Sarbanes Oxley Compliance, Mitigates Risk
Atlanta, GA - 2007-04-24 - Open Text Corporation (NASDAQ: OTEX, TSX: OTC), the largest independent provider of enterprise content management (ECM) software and solutions, today announced that Alabama Gas, the largest natural gas distribution company in Alabama, has optimized and automated its Procure-to-Pay process using Open Text s Livelink ECM software for use with SAP® solutions. The solution is used by all departments to make its procurement process more efficient and to help improve internal controls for Sarbanes Oxley compliance.
Open Text announced the news today at SAPPHIRE® 07 Atlanta, SAP s international customer conference, and the 2007 ASUG Annual Conference both events are underway this week in Atlanta. Open Text is exhibiting in booth #325.
With roots dating back more than 150 years, Alabama Gas serves more than 460,000 homes and businesses via operations located throughout the state of Alabama. The company chose Livelink ECM software for use with SAP solutions because it integrates easily with the company s SAP solution-based system, and effectively manages a large volume of invoices and purchase orders in its Procure-to-Pay process in accordance with its internal controls.
One of the primary reasons we chose Open Text was its partnership with SAP, said Tim Paramore, Senior Project Manager, Alabama Gas Corporation. Open Text s Livelink ECM capabilities for SAP solutions have enabled our users to efficiently centralize receipt of invoices; increase the use of purchase orders and procurement cards; and reduce the special handling of checks.
The solution allows Alabama Gas employees, approximately 400 users in all, to work seamlessly between Livelink ECM, OCR, Microsoft Office® Outlook® and SAP. Utilizing the Vendor Invoice Management (VIM) software with SAP solutions, users can now code invoices and submit requestor approvals in a matter of minutes, a task that once took an hour or more to complete. Additionally, users have the ability to identify accrued liabilities; view all critical documents for a vendor electronically; and take advantage of special terms and discounting. Alabama Gas has already seen a reduction in the number of calls taken from vendors, and this number is expected to decrease even further with the upcoming roll-out of the VIM Vendor Self Service application, which will enable vendors to access the status of their invoices via the Internet.
Alabama Gas has optimized and automated its Procure-to-Pay process by implementing, almost exclusively, Open Text products, said Steve Best, Vice President, Energy & Chemical Sales at Open Text. With Livelink ECM software for use with SAP solutions, Alabama Gas has extracted additional value from its implementation of SAP solutions through improving its internal processes, allowing the company to improve productivity, reduce risk and garner a better relationship with vendors.
Built on highly scalable technology, Livelink ECM capabilities for SAP solutions allow users to create, access, manage and securely archive all content for SAP solution-based systems within one central repository so they can address stringent requirements for risk reduction, operational efficiency and IT consolidation. The suite includes ECM solutions for accounts payable (VIM) and receivable processing, customer information management, employee document management and contract management; solutions that help companies create secure, long-term archiving of SAP solution content to address complex process requirements and compliance mandates; and solutions for consolidating and archiving content from multiple SAP solutions and/or legacy systems.
Open Text is an SAP Software Partner. For more information on the Livelink ECM software for use with SAP solutions, go to: http://www.opentext.com/products/sap/.
About Alabama Gas Corporation
Alabama Gas Corporation is the largest natural gas distribution company in Alabama serving more than 460,000 homes, businesses and industries. It is the largest natural gas utility in the state of Alabama, and is regulated by the Alabama Public Service Commission. With roots dating back more than 150 years, Alabama Gas today has operation divisions in Anniston, Birmingham, Gadsden, Montgomery, Opelika, Selma, and Tuscaloosa. www.alagasco.com.
About Open Text
Open Text is the world's largest independent provider of Enterprise Content Management software. The Company's solutions manage information for all types of business, compliance and industry requirements in the world's largest companies, government agencies and professional service firms. Open Text supports approximately 46,000 customers and millions of users in 114 countries and 12 languages. For more information about Open Text, visit www.opentext.com.
Safe Harbor 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 realized by customers, the Company s position in the market and future opportunities therein, the deployment of Livelink 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, 2006. 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 © 2007 by Open Text Corporation. LIVELINK ECM and OPEN TEXT 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.
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world.
For more information, please contact
Richard Maganini
Open Text Corporation
1-847-961-0662
rmaganin@opentext.com
Brian Edwards
McKenzie Worldwide
+1-503-577-4583
briane@mckenzieworldwide.com
Michele Stevenson
Open Text Corporation
519-888-7111 ext. 2594
mstevens@opentext.com