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Contract Management

Contract management is at the center of all business for Chemical companies. Contracts define almost every relationship across the enterprise. Simplifying how they are assembled, shortening the approval process, and effectively managing contract renewal affects the financial and operational health of a company. Contracts also represent one of largest areas of risk for a company.

Open Text’s comprehensive solutions for contract management cover the entire contract lifecycle and address the following: RFP development, contracts involved in capital projects, operational contracts on the buy and sell sides of the business, and all contracts related to human resources.

Open Text solutions deliver contract management functionality with the following components:

• Software: Livelink ECM - Contract Lifecycle Management, Open Text Contract Management (SAP® xApps™ Certified), Document Management & Collaboration, Compliance & Governance

Supplemented by Business Content (e.g., predefined workflows) to give you a head-start in configuring workstreams and processes, Consulting Services, Training and Support tailored to meet your requirements.