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storySwitzerlandConsumer DiscretionaryProductivityRisk and compliance

Story

OpenText@Richemont

OpenText Supports Agreement Management at Richemont

Richemont, a consumer discretionary organization in Switzerland, uses OpenText Content Cloud from OpenText to support agreement management for legal and business owners.

Value results

CategoryValue result
ProductivityFewer stalled items because contract routing has a clear owner
ProductivityHandoffs in agreement management sit in a shared queue instead of a mailbox trail
Risk and complianceOpenText Content Cloud is the governed place legal and business owners use for agreement management

Story

Richemont grew contract routing faster than the local tools around it. From Switzerland, consumer discretionary teams still had to serve customers and internal partners who expected a straight answer. Legal and business owners were the ones stitching the picture together by hand.

Rolling out OpenText Content Cloud put agreement management on OpenText. OpenText delivers information management, content services, cybersecurity, and DevOps software for large organizations. Richemont keeps the product in the path where work already happens, so legal and business owners do not context-switch into a graveyard system used only for audits.

The visible result is steadier agreement management. Contract routing is easier to inspect, and adjacent groups can join legal and business owners without a guided tour of someone's desktop.

Relationship map

Richemont uses OpenText, ServiceNow, Databricks, Hugging Face, Snyk. Shared with AkzoNobel, Alcoa, Ally Financial, American Express GBT, Anheuser-Busch InBev. Industry: Consumer Discretionary. Value: Productivity, Risk and compliance. Drag nodes, filter types, or expand a node to follow more commonalities.

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