Compare OpenText Contract and SAP PLM - Feb 2022

Shlomi Lavi

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Bottom Line: Which is Better - OpenText Contract or SAP PLM?

SAP PLM is more expensive to implement (TCO) than OpenText Contract, and SAP PLM is rated higher (77/100) than OpenText Contract (50/100). OpenText Contract offers users more features (10) than SAP PLM (8).

Looking for the right Contract Management solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

OpenText Vs. SAP

OpenText: OpenText produces and distributes computer software applications designed to enable enterprise content management (ECM) solutions for large corporations across all industries.

SAP: SAP ® AG is German software corporation that makes enterprise software to manage business operations and customer relations. SAP ® is the market leader in enterprise application software. The company's best-known software products are its enterprise resource planning application (SAP ® ERP), its enterpr...

Who is more expensive? OpenText Contract or SAP Product Lifecycle Management?

The real total cost of ownership (TCO) of Contract Management software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for OpenText Contract and SAP Product Lifecycle Management.

OpenText Contract accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 OpenText Contract Management is rated 4, which is lower than the average cost of Contract Management software. SAP Product Lifecycle Management accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 OpenText Contract Management is rated 4, which is lower than the average cost of Contract Management software.

Bottom line: OpenText Contract cost is around the same cost of SAP Product Lifecycle Management.

Which software includes more/better features?

We've compared OpenText Contract Vs. SAP PLM based on some of the most important and required Contract Management features.

OpenText Contract: Audit Trail, Clause Libraries, Configurable Reports, Dashboard, Email Documents, Expiration Calendar, Field Tracking, Link Contracts.

SAP Product Lifecycle Management: Audit Trail, Contract Expirations, Contract Renewals, Dashboard, Microsoft Word Export.

Target customer size

OpenText Contract's typical customers include: Start up, Small business, Medium business, Large business, Customers of the software include businesses of all sizes and types.