OpenText Vendor Invoice Management for SAP® SolutionsOptimize accounts payable processes in SAP ERP

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For most companies, invoice processing requires too much manual effort, causing a drain on resources

internally and for the vendors involved. Manual keying of invoice data and resolution efforts involve time-

consuming historical research, communication with the vendor, process documentation, requests for additional

information from multiple parties, manual routing, and the labor-intensive process of monitoring and providing

update reports on the status of unpaid invoices. AP staff resources can spend most of their time addressing

these problems, while vendors and buyers experience a wide range of disincentives and disadvantages.

Benefits Minimize invoice processing time, optimize efficiency

Increase ROI and save money

Reduced cycle times

Increased productivity

Lower costs, reduce manual data keying

Scalable foundation

OpenText Vendor Invoice Management for SAP® Solutions (VIM) is a prepackaged composite application that

works with SAP ERP systems to streamline accounts payable (AP) operations. VIM (sold by SAP as SAP

Invoice Management by OpenText) optimizes and simplifies the process of creating, managing, monitoring and

routing purchase orders and invoices for AP personnel and vendors. Invoices are processed more efficiently

and quickly; problem invoices are automatically routed for problem resolution, approval, and payment. VIM lets

you manage invoices through a secure, browser-based interface where AP employees and vendors can

collaborate to resolve problems, obtain invoice status, check purchase order numbers, submit invoices, and

more.

As an option for VIM, OpenText Invoice Capture Center for SAP Solutions (ICC) further extends its capabilities

to virtually completely automate the capture of paper invoices. ICC uses optical character recognition (OCR) to

extract invoice data and virtually eliminate human intervention in the invoice capture stage of AP processing.

The combination of ICC with VIM enables end-to-end automation of paper invoice processing, thereby

maximizing the optimization of AP processes and accelerating ROI.