OpenText Buys Documentum

Singapore –
June 20, 2017 – OpenText™ (NASDAQ: OTEX, TSX: OTEX), a global leader in Enterprise Information Management
(EIM), today announced its global reseller agreement with SAP (NYSE:
SAP). As part of the agreement, SAP will resell OpenText Extended ECM as SAP®
SuccessFactors® Extended Enterprise Content Management by OpenText. Designed
exclusively for SAP SuccessFactors HCM Suite, the new cloud-based solution
helps organizations manage human resources (HR) and employee documents from
generation to disposition in a secure and compliant manner. Available
immediately, the solution helps businesses to improve organizational
performance and increase HR efficiency and productivity by centralizing the way
they digitalize, create, store, manage and access employee documents.

“More than
any other department, HR professionals are responsible for a vast amount of
information which is pivotal to the organization,” said Adam Howatson, chief
marketing officer at OpenText. “Helping companies manage their essential
employee records through a single, cloud-based source is a significant step for
companies wanting to more effectively manage an increasingly global, digital
workforce. SAP SuccessFactors Extended ECM by OpenText offers HR professionals
a solution uniquely designed to help reduce the time and complexity associated
with document management.”

With SAP
SuccessFactors Extended ECM, customers will be better able to manage employee
documents according to country- and region-specific requirements, more easily
locate information through powerful search functionality, and generate HR
documents and employee correspondence through the availability of set
templates, content and pre-defined workflows. Integrated within SAP
SuccessFactors HCM Suite, the solution helps ensure that relevant employee file
content is readily accessible to HR professionals, managers and employees
within the context of the appropriate HR business processes and workflows.

“HR
digital transformation is about removing the many manual tasks that are tedious
and complicated, and that expose the organization to security and compliance
risks,” said Yvette Cameron, senior vice president of Strategy at SAP
SuccessFactors. “As workforces expand and businesses become increasingly
global, HR cannot afford to spend hundreds of hours each year manually storing,
managing and retrieving employee documents. With SAP SuccessFactors Extended
ECM, we are fulfilling our commitment to helping our customers achieve
efficiency and accuracy as they operate on a global scale.”

Additional
highlights include:

·            Centralized
Digital Employee Files – Pre-defined HR folder structures and
taxonomy help simplify the processing, managing and securing of large volumes
of employee, retiree, contractor and job applicant documents from one location.

·            Document
Management – Version control, audit trails, metadata, document search and
employee workspaces help organize, control and locate documents.

·            Records
Management – Document-level rules for access, retention, deletion and legal
compliance support regulatory compliance, and help minimize the risks
associated with audit and litigation.

·            Employee File
Completeness Check – Completeness check alerts notify HR
managers of missing or out-of-date documents.

·            HR Document
Generation – Robust document-generation platform supports HR document
creation requirements.

·            Integration
to SAP SuccessFactors HCM Suite and SAP ERP HCM – Solution
integration provides centralized management of employee documents in a hybrid
environment.

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: OTEX) visit opentext.com.