Vendor Invoice Management
Currently, a large percentage of the documentation related to invoice processing remains manual. This results in unnecessary and error-prone data entry.
OpenText Vendor Invoice Management for SAP Solutions is a leading invoice management and processing solution that fully integrates with SAP. Using pre-configured rules, functions and actions, the solution optimizes and automates end-to-end processing, from receipt to posting.
The solution includes processes for invoices, quotes, order confirmations, delivery notes, sales orders and supports custom document processes.
What are its benefits?
Speed up invoice and order processing
Rapid data capture and automated routing, significantly reducing the time needed to process documents.
Increase ROI
It reduces invoice cycle times, eliminates late fees and improves relationships with suppliers, allowing discounts for prompt payment to be negotiated.
Improve productivity
Intelligent automation eliminates the need for searching, coding, and manual information entry, allowing employees to focus on value-added tasks.
Increase customer satisfaction
Automates sales order processing, ensuring orders are confirmed and processed accurately and efficiently.
Ensure regulatory compliance
Ensures a documented audit trail and complies with standards and internal controls necessary for fraud prevention and financial reporting.