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EMC Helps NY Developer
HOPKINTON, Mass. -- EMC Corporation (NYSE: EMC - News), the world leader in information infrastructure solutions, today announced that the Durst Organization -- a leading owner, manager and developer of premier mid- town Manhattan commercial and residential property buildings -- has streamlined its invoice processing and leasing contracts management systems leveraging EMC Documentum® ApplicationXtender® and EMC CLARiiON® networked storage. The organization leverages Documentum ApplicationXtender transactional content management software to successfully manage the process workflow for all invoices, as well as facilitate document retention and retrieval for commercial property leases stored on its CLARiiON CX3-10 system.
Building on the success that customers like Durst have experienced with Documentum ApplicationXtender, EMC today also unveiled EMC® Documentum® ApplicationXtender® 5.4 - the market's leading transactional content management solution for departments and mid-sized organizations. Documentum ApplicationXtender 5.4 addresses the transactional content management needs of departments and mid-sized organizations -- providing complete capture, document workflow, routing, and archival of business content for retention and compliance - all in a solution designed for the non-enterprise market, where low cost and implementation with minimal IT support are critical.
"We often archive our leasing agreements for several decades and -- several years after the leasing contract is initially created and stored in our system -- an employee may need to look up a specific clause in the lease," explained Assistant Vice President of Information Technology at Durst, Barry Fagan. "ApplicationXtender makes it easy for employees to perform a search on a particular keyword or phrase that will help them quickly find the right page of the right leasing document, which may be hundreds of pages long and several years old. It saves our employees a lot of time."
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