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OpenText Expands Reach Of Its Cloud-based Solutions Now Included In SAP® Cloud For Travel Solution

Stocks in this article: OTEX

OpenText Capture and Optical Character Recognition Services Now Featured in SAP Cloud for Travel to Help Simplify and Increase Speed of Travel Expense Processing

WATERLOO, ON, May 13, 2013 /PRNewswire/ - OpenText™ (NASDAQ: OTEX, TSX: OTC), the global leader in Enterprise Information Management (EIM), today announced that its powerful capture and optical character recognition (OCR) services are now included in the SAP® Cloud for Travel solution (formerly known as SAP Travel OnDemand), a cloud-based application for travel management. Further strengthening the partnership between OpenText and SAP, the offering is expected to make it easier for business travelers to file expense reports using information scanned from receipts using scanners or mobile devices.

Delivering a mobile user experience designed for today's business traveler, SAP Cloud for Travel is a subscription-based cloud solution that helps customers manage expenses without any additional hardware or services. SAP customers can now have cost-efficient access to proven OpenText Capture Center technology, which is recognized as one of the leading multi-channel capture solutions available today.

In what OpenText believes underscores the strength of its technology, Forrester Research, Inc. ranked OpenText a leader in its report, " The Forrester Wave: Multichannel Capture, Q3 2012." OpenText received the highest possible scores in the OCR support, multichannel input, mobile capture, and document classification categories, now available as a service in SAP Cloud for Travel. In its evaluation, Forrester also recognizes OpenText as a leader in the market.

"OpenText has been innovating alongside SAP for more than two decades to provide customers with transformational technologies that can set them apart from the competition," said Patrick Barnert, senior vice president, partners and alliances at OpenText. "The new OpenText cloud-based service offering within SAP Cloud for Travel is yet another step forward in our partnership, reinforcing OpenText's commitment to empowering customers with EIM cloud solutions. This and future cloud offerings are expected to further help ensure organizations have flexible access to the EIM solutions they need to help drive business."

"OpenText's OCR technology greatly enhances the SAP Cloud for Travel offering," said Tobias Dosch, senior vice president, Product Management Cloud, SAP. "It helps to reduce costs and increase usability and efficiency of our customers in the expense reporting process."

OpenText will be demonstrating its EIM solutions at the SAPPHIRE® NOW conference, which will take place in Orlando, Fla., May 14 - 16. Attendees can visit the OpenText booth 1025 to experience how OpenText and SAP solutions can help empower customers to fully capitalize on the untapped value of their unstructured data and help deliver solid business results.

At the event, SAP will officially recognize OpenText with a 2013 SAP Pinnacle award as a Solution Extension Partner of the Year, making it the sixth consecutive SAP Pinnacle award OpenText has received. These awards are presented annually to the top SAP partners that have excelled in developing and growing their partnership with SAP and driving customer success. Finalists and winners are based on field recommendations, customer feedback and performance indicators in the following four categories: co-innovation, market expansion, service delivery and sustainability.

Availability OpenText Capture and OpenText's Optical Character Recognition Services are available immediately as part of the SAP Cloud for Travel solution.

To learn more about OpenText solutions for SAP software and EIM:





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