OpenText Uses Amber Road’s Export On-Demand Solution for its Export Compliance Program
05 Febbraio 2015 - 3:00PM
Business Wire
Amber Road (NYSE:AMBR), a leading provider of global trade
management (GTM) solutions, announced today that OpenText™
(NASDAQ:OTEX, TSX:OTC), a global leader in Enterprise Information
Management (EIM) and Canada’s largest software company, is using
Amber Road’s Export On-Demand solution.
Prior to integrating Export On-Demand, Waterloo, Ontario,
Canada-based OpenText relied on a cumbersome, manual export
screening process. Now integrated with a variety of software
systems across more than 250,000 partners, 360,000 transactions and
100 users, the solution has enabled OpenText to automate restricted
party screening of new opportunities, professional services
engagements and customer support maintenance renewals, as well as
manage restricted products, export licenses and their associated
values.
“We needed an export compliance solution to increase product and
service time-to-market, enhance export controls and reduce manual
checks occurring outside our export compliance office,” said
Douglas A. Young, Export Compliance Manager & Empowered
Official, Open Text Corporation. “We felt that Amber Road had the
ideal blend of long-term data security, functional ease-of-use,
open architecture and scalability.”
Amber Road’s Export On-Demand is a subscription-based solution
available in a flexible software as a service (SaaS) format that
can be quickly deployed and configured. Export On-Demand
streamlines and automates compliance processes, including screening
potential customers against 298 restricted party lists, determining
license requirements, performing export compliance checks and
generating international trade documents.
“Amber Road has become a significant component of OpenText’s
Export Compliance Program. OpenText is now quickly realizing its
potential for a return on investment via a more expedient product
and service time-to-market, significantly increased regulatory
compliance control measures, and an efficient automation process,”
said Young.
In the near future, OpenText may use Export On-Demand’s
restricted party screening functionality in its Human Resources
function for vetting contractors and new hires.
“OpenText has clearly demonstrated the value of creating and
maintaining a solid export compliance program and we are honored to
be part of that success,” said Jim Preuninger, CEO of Amber Road.
“With the complexities of global trade today, OpenText’s adoption
of export compliance will continue to reap significant returns for
the company."
About OpenText
OpenText provides Enterprise Information Management software
that helps companies of all sizes and industries to manage, secure
and leverage their unstructured business information, either in
their data center or in the cloud. Over 50,000 companies already
use OpenText solutions to unleash the power of their information.
To learn more about OpenText (NASDAQ: OTEX; TSX: OTC), please
visit: www.opentext.com.
About Amber Road
Amber Road’s (NYSE: AMBR) mission is to dramatically change the
way companies conduct global trade. As a leading provider of cloud
based global trade management (GTM) solutions, we automate import
and export processes to enable goods to flow across international
borders in the most efficient, compliant and profitable way. Our
solution combines enterprise-class software, trade content sourced
from government agencies and transportation providers in 145
countries, and a global supply chain network connecting our
customers with their trading partners, including suppliers, freight
forwarders, customs brokers and transportation carriers. We deliver
our GTM solution using a Software-as-a-Service (SaaS) model and
leverage a highly flexible technology framework to quickly and
efficiently meet our customers’ unique requirements around the
world.
For more information, please visit www.AmberRoad.com, email
Solutions@AmberRoad.com or call 201-935-8588.
MediaFor Amber RoadKathleen Hickey,
+1-202-607-7553KathleenHickey@AmberRoad.comorAmber Road(US
& Canada)Annika Helmrich,
+1-201-806-3656AnnikaHelmrich@AmberRoad.comor(Europe &
Asia)Martijn van Gils, 31 (0)
207997790MartijnvanGils@AmberRoad.com
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