SAP Invoice Management
by OpenText
Manual accounts payable processes tie up too many employee and supplier resources in most companies. This includes time-consuming research, time-consuming communication with suppliers, queries from all parties involved, and the manual forwarding and tracking of unpaid invoices. In addition, companies must adhere to internal regulations and compliance requirements when processing invoices. OpenText™ Vendor Invoice Management for SAP® Solutions streamlines financial processes across all departments..
SAP Invoice Management
Advantages of SAP Invoice Management
- Rechnungen schneller bearbeiten, effizientere Prozesse
- Beliebige Formate verarbeiten (Papier, E-Mail, Fax, PDF, XML, EDI, IDoc, XRechnung, ZUGFeRD…)
- Schneller ROI, Zeit und Geld sparen
- Durchlaufzeiten verkürzen
- Transparenz und Produktivität steigern
- Kosten senken
- Skalierbare Plattform, nahtlose Integration
SAP Invoice Management
Advantages & Benefits
OpenText™ Vendor Invoice Management for SAP® Solutions (VIM) provides greater efficiency and transparency in invoice processing.
With VIM, you streamline the entire process: from capturing, controlling, and matching purchase orders (POs) to invoices, to analyzing and improving the process. Invoices that cannot be matched with POs are automatically sent for review and approval. Through an easy-to-use web interface, employees in accounts payable, purchasing, and departments resolve discrepancies. They view invoice status, submit invoices, review purchase orders, and take other actions.
OpenText™ Invoice Capture Center for SAP® Solutions (ICC) is an option to VIM. It enables near-automatic capture of invoices in paper format. ICC uses Optical Character Recognition (OCR) to extract invoice data. With ICC, companies can thus digitize paper-based invoices and manage them electronically at a lower cost.
SAP® markets VIM under the name SAP® Invoice Management by OpenText™, and ICC under the name Optical Character Recognition (OCR) Option for SAP® Invoice Management.
Functions
Michael Reuter
Head of Enterprise Information Management
