VENDOR INVOICE MANAGEMENT

Typical Accounts Payable processes are resource and labor intensive often resulting in overqualified personnel handling time-consuming mundane tasks such as manual keying of data, requesting information from various parties, routing between departments, monitoring and tracking of unpaid invoices. Dealing with high volumes of paper or electronic invoices is inefficient and costly whilst the process is prone to error, loss, and delay. In addition, audit and compliance risks also tend to arise.

The Opentext Vendor Invoice Management for SAP solution addresses these and many more AP challenges. The solution is a pre-packaged composite add-on to SAP ECC which is functionally rich and integrated, easy to deploy and simplifies the lifecycle of purchase orders and invoice management.