Case Study: Leading Information Management Company achieves centralized contract visibility, 40% more contracts processed and 20%+ savings with OpenText Contract Center (OpenText)

Leading Information Management Company Centralizes Thousands of Contracts on Opentext Contract Center for Enhanced Visibility, Efficiency, and Savings

OpenText, a global information management company, faced growing pains as thousands of contracts accumulated on shared drives and spreadsheets. With roughly 7,500 contracts and thousands of new documents annually, the lack of a single source of truth created poor visibility into renewals, manual reporting, missed renewal risks, and time-consuming searches.

OpenText implemented its own OpenText Contract Center to centralize, secure, and add metadata to all contracts, enable dashboards and reporting, and support remote access. The move delivered a single repository and better renewal planning, driving more than 20% savings (a measured 23% increase), a 40% rise in contracts processed, and faster, more informed decision-making.