OpenText Contract Center vs Symfact comparison

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OpenText Logo
112 views|78 comparisons
Symfact Logo
48 views|22 comparisons
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112
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78
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0
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Views
48
Comparisons
22
Reviews
0
Average Words per Review
0
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N/A
Comparisons
Also Known As
OpenText Contract Management
Compliance Solutions, Symfact Compliance Solutions
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Symfact
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Overview
With OpenText Contract Management, organizations can drive better value and adopt a best practices approach for their contracting operations by streamlining contract management, controlling risks, reducing penalties and lost revenue, and gaining visibility into the entire process.

Symfact Contract and Compliance Management Solutions offers the following features:

  1. Legal Entity Management, Provides a secure and yet transparent repository of all corporate, investment and Board of Director documents, critical data and holdings. Enables compliant auditable operations for all legal entities and proactive risk mitigation of both company and individual officers.
  2. Contract Management, Effective management of all contract types and processes ensuring cost and revenue optimization alongside risk visibility and resulting mitigation. Provides comprehensive control over all obligations (e.g. for outsourcing agreements) and negotiation / authoring support.
  3. Operation Risk Management, Ensure compliant and auditable GRC (Governance, Risk and Compliance) data and process control around investigations, conflict of interest, due diligence and standard company or industry procedures.
  4. Policy Management, Centrally define and deploy effective authoring, approval, distribution and compliance controls in a company wide repository of all internal and external corporate policy documents.
  5. Third Party Risk Management, Involve third parties as an integral part of enterprise risk visibility leading to cost effective generation of best in class risk mitigation actions and integrity management.
Sample Customers
FMC Technologies, Banca Popolare di Sondrio (SUISSE) SA, Vitens, Aerospace and Defense, Fraunhofer-Gesellschaft
FIFA, Zurich, Actavis, Bombardier, Capgemini, Cabot, Emerson, Gtech, ING, Kuoni, Migros, Medica, Richemont, Sanitas

OpenText Contract Center is ranked 3rd in Service Contract Management while Symfact is ranked 6th in Service Contract Management. OpenText Contract Center is rated 0.0, while Symfact is rated 0.0. On the other hand, OpenText Contract Center is most compared with Icertis Contract Management and SAP Ariba Contracts, whereas Symfact is most compared with .

See our list of best Service Contract Management vendors and best Contract Management Software vendors.

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