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OpenText Unveils Integrated Transmittal Management And Secure Managed File Transfer Solution

Stocks in this article: OTEX

WATERLOO, Ontario, Sept. 17, 2013 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX, TSX: OTC), the global leader in Enterprise Information Management (EIM), today announced that it has unveiled a powerful, new integrated solution that leverages the enhanced collaboration features of OpenText Transmittal Management with the speed and security of OpenText Managed File Transfer (MFT). Through this integrated solution, OpenText is enabling businesses to transmit large, critical document packages to their customers and partners outside the firewall up to 30 times faster than traditional methods, such as file transfer protocol (FTP), while greatly improving user efficiency, security, and addressing regulatory compliance.

Businesses in a wide variety of industries, such as engineering, energy, and mining, use transmittals to transfer critical documents – such as contracts, drawings, specifications, calculations, and other information – between their customers or partners, usually for review, approval, or implementation purposes. These packages are an official business record, forming the basis for many contractual decisions and results, and are often used in determining liability and documenting due diligence in litigation or claims. Attempting to send these critical files through old practices, such as FTP services, USB flash drives, DVDs and personal email are inefficient, prone to error, complex and create security risks for the companies and individuals involved.

"Increasingly, electronic information is transcending the boundaries of the traditional enterprise. Agile companies need a simple and secure method for sharing large volumes of information across the extended enterprise – between engineering, procurement, and construction management (EPCM) firms, suppliers or services companies, and owner-operators," said Muhi Majzoub, senior vice president, engineering at OpenText. "By integrating Managed File Transfer with Transmittals Management, OpenText delivers the governance and security of traditional document control processes, married with the speed and flexibility that the modern mobile workforce has come to expect."

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