Compare EPICS vs. Open Contract Manager (OCM) in 2025

Open Contract Manager (OCM)

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Description

The Enterprise Platform for Integrated Contracting Systems (EPICS) is designed to handle intricate business data for any organization. Featuring highly adaptable and secure capabilities, EPICS delivers comprehensive financial and contractual solutions across any boundaries. This web-based, enterprise-wide tool is set to transform your contract management process significantly. EPICS encompasses an array of tools that facilitate the management of diverse business operations and enterprise information. It serves as an effective solution for both governmental and commercial entities. Built on the Microsoft .NET framework using C# and ASP.NET programming languages, EPICS relies on Microsoft SQL Server for its backend database. All components of the code can be deployed on a web server, which connects to its backend database through web services or network sharing. The architecture allows for the code and databases to reside on the same or separate servers, provided there is a reliable connection between them. Consequently, EPICS stands as a versatile solution that adapts to various organizational needs and structures.

Description

Open Contract Manager (OCM), built on the Alfresco platform, is an open-source solution focused on contract management that enables organizations to draft, assess, supervise, and finalize agreements with their vendors and suppliers. This versatile solution can be deployed either on the Cloud, utilizing Alfresco's usage-based pricing, or on-premises through an Alfresco Enterprise Edition subscription, providing businesses with the scalability and flexibility they need. For a prominent bank in Singapore, we developed a tailored Contract Management and Procurement system that significantly enhanced operational efficiency by integrating tax and legal frameworks from over five Asian countries, offering support in three languages, and achieving a remarkable 70% reduction in total cost of ownership compared to proprietary technology solutions. In addition, we successfully migrated more than 5000 legacy contracts using an automated migration tool. Our clients have seen substantial benefits from our knowledge and experience, as detailed in our comprehensive literature. We also maintain a library of components, frameworks, and products designed to facilitate quicker deployments, ensuring that organizations can quickly adapt to their contract management needs. Through these resources, we aim to empower businesses to streamline their contract processes and improve overall effectiveness.