USCI Chooses Open Text for Accounts Payable Integration with Oracle(R) E-Business Suite
January 09 2008 - 9:15AM
PR Newswire (US)
Solutions Will Save Time and Money, Eliminate Paper-based Processes
and Add Value to USCI's Investment In Oracle Solutions CHICAGO,
Jan. 9 /PRNewswire-FirstCall/ -- Getting more control over
thousands of invoices can save money for any company, but Utility
Service Company, Inc (USCI) has found a way to deliver far more
benefits in cost savings and efficiencies with a software solution
from Open Text(TM) (NASDAQ: OTEXNASDAQ:TSX:NASDAQ:OTC), a global
leader in enterprise content management (ECM). USCI selected Open
Text's Livelink ECM - Accounts Payable solution to add ECM
capabilities to its Oracle E-Business Suite implementation. The
solution will eliminate paper processes and manual data entry to
improve accounts payable efficiency and reduce costs. But USCI's
solution will also help the company provide more complete views of
customer or project information across systems and help the company
manage business and compliance rules. Based near Atlanta, Georgia,
USCI is a leading provider of services that help cities, counties
and other government organizations purchase and manage water tanks.
USCI maintains thousands of elevated tanks under full-service
maintenance contracts throughout the U.S. and also provides a
full-range of integrated water tank services, including sales and
leasing of new tanks, cellular antenna site marketing and
management, and communication site construction. USCI chose the
Oracle E-Business Suite for its core ERP solution to drive
centralization of its accounts payable processes. To go with its
new Oracle solution, the company began looking at ECM solutions to
help manage a fast-growing volume of documents from accounts
payable, which had become increasingly difficult to manage with the
company's rapid growth. At the top of USCI's shopping list was a
solution that could eliminate paper, manage documents efficiently
online, and work seamlessly with the company's new Oracle
E-Business Suite implementation. USCI chose Open Text's solution
because of its ability to manage all accounts payable documents and
document processes, plus archiving and storage. A major driver for
USCI's decision was that Open Text's solution utilizes Web services
to manage and provide access to content in multiple systems,
allowing USCI to connect structured content in Oracle to related
unstructured content, such as email and other information, stored
in other systems. This allows USCI staff to view content in the
context of a specific customer account or project, regardless of
the system where the content is stored. It also helps USCI manage
business and compliance rules for content consistently across
systems. "The Oracle E-Business Suite has been a powerful solution
to help us reduce costs and increase productivity," said David
Al-Khazraji, IT Director at USCI. "But to help us get a handle on
documents, in particular the 40,000+ invoices we have to process
every year, we needed an ECM solution that could tie in tightly
with Oracle. Open Text offered all the expertise and capabilities
we needed, with the added plus of a Web services-based solution
that will allow us to provide a unique 360-degree view of each
customer. This means managers working with a customer have access
to all relevant information, without having to log in to different
systems. This saves time and improves productivity, while helping
staff make the best decisions with all the information at hand."
"USCI is a clear example of how companies can take a strategic
approach to a difficult challenge like accounts payable and not
only improve the way they handle invoices, but also deliver broader
benefits that can improve their business and their bottomline,"
said Ron Vangell, Vice President and General Manager of Open Text's
Oracle Solutions Group. Longer term, according to USCI's
Al-Khazraji, the company will look for ways to extend its Open Text
solution. One area of interest involves contract governance:
Ensuring that USCI consultants are staying within the scope of work
defined by contracts, and that the company's project teams are
managing milestones and change orders properly to avoid penalties
and delays. "Managing contract details is critical. We think Open
Text's solution working with Oracle's can help us manage these
details more efficiently, so that we can reduce these risks and,
more importantly, improve services to customers," said Al-Khazraji.
For more information on Open Text's Livelink ECM - Accounts Payable
for Oracle E-Business Suite, go to:
http://www.opentext.com/2/sol-products/sol-pro-extensions-oracle/
pro-ll-ap-oracle-ebusiness-suite.htm Open Text is Certified Partner
in the Oracle PartnerNetwork. About Open Text Open Text, an
enterprise software company and leader in enterprise content
management, helps organizations manage and gain the true value of
their business content. Open Text brings two decades of expertise
supporting 46,000 customers and millions of users in 114 countries.
Working with our customers and partners, we bring together leading
Content Experts(TM) to help organizations capture and preserve
corporate memory, increase brand equity, automate processes,
mitigate risk, manage compliance and improve competitiveness. For
more information, visit http://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, 2007. 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 (C) 2008 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. Oracle is a registered
trademark of Oracle Corporation and/or its affiliates. Other
trademarks, registered trademarks, product names, company names,
brands and service names mentioned herein are property of Open Text
Corporation or other respective owners. DATASOURCE: Open Text
Corporation CONTACT: Richard Maganini, Open Text Corporation, (847)
267-9330 ext.4266, ; Brian Edwards, McKenzie Worldwide, (503)
577-4583,
Copyright