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SAP OpenText ECM Solutions:
Vendor Invoice Management (VIM)
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Logistics & Distribution
Sales Account Mgmt
Customer Billing & Service
Brand Asset Mgmt
Production and Operation Excellence
Procurement Excellence
Customer Excellence
Order to PaySupplier & Contract Mgmt
StrategicSourcing
Manage Employee Info
Talent Sourcing & Acquisition
Human Resources Excellence
Financial Excellence
Accounts Payable
CollectionsCustomer Invoicing
Data Archiving
Legacy Decom
Paper Archive
Elimination
Information Technology Excellence
RecordsMgmt
Reward & Retain
Expense Managemen
t
Production &
Quality Mgmt
Enterprise Asset
Management
ProjectMgmt
Sales Order Mgmt
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Business Value SolutionsTailored to meet specific SAP business process requirements
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Employee File Management
Automate HR File administration and enable self service
scenarios
Invoice Management and
OCR
Minimize data capture effort and
human intervention.
Streamline accounts payable processes
Digital Asset Management
Optimized management of
rich media assets
Integrate media into marketing
communi-cations
Extended ECM
Complete ECM with productized SAP
Integration
Business Workspaces
Enterprise Records Mgmt
Archiving (Enterprise Library)Secure, compliant, cost-efficient storage of information
Document Access360 degree information access
TravelReceipts
Management
Automate receipt handling and
streamline expense
management process
Portal Content/ Site Mgmt
Document Mgmt Collaboration and
Site Mgmt embedded into SAP NetWeaver
Portal
Document Presentment
Automated document generation
personalization and multichannel distribution (e.g.
billing statements)
Resold ‘horizontal’ OpenText ECM Resold ‘Point Solutions’ from OpenText
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SAP’s ECM Portfolio: An Expanding Partnership with OpenText
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Typical manual FI-AP processing
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Manual Invoice ProcessingAn inefficient and serious risk to your business
Manually managing invoices processes drains resources
Inefficient, labor-intensive processes
Inability to optimize cash-flow and vendor relationships
Inability to improve overall business transparency
Lack of process control introduces compliance risk
Time-consuming historical research
Belabored vendor communications
Documentation and other requests for additional information
Manual routing
Labor-intensive monitoringand updates
Scalability only through headcount
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SAP Invoice ManagementAutomated paper-to-post invoice management
* or another SAP ArchiveLink-certified repository
CommentTrigger workflows Post invoices
InvoiceRecognition
Collaboration& Monitoring
InvoiceCompletion
InvoiceVerification
OCR Option for SAP InvoiceManagement
ERP (FI/AP)
Payment
SAP Invoice Management
Verify andComplete
ExceptionHandling Approve
Automated reconciliation and posting
Transform
OCR
Validation
Inbox(incoming mail / fax)
SAP Archiving by OpenText*
Scanning
Archiving
$ $€Y$
Prepare Pay
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Organizational Gains from SAP Invoice Management
Simplify and optimize entire invoice management process
Enable more accurate financial reporting through complete visibility
Segregate duties through workflow control
Monitor across all steps of the invoice process
Provide complete audit trail
Create workforce efficiencies through an automated, streamlined process including mobile approvals
Improve working capital management through better visibility to cash requirements
Cut costs through automated data extraction, process automation and control including shared services
Reduce costly manual errors
Optimize cash discount utilization including dynamic discounting
Improve business processes and reduce compliance risks
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Value Drivers for VIM
↓ processing cost per invoice by 30-50%
Additional savings and efficiencies gained through:
• ↓ invoices processed per AP processor by 60-80%
• ↓ vendor status calls per AP processor by 60-80%
• ↓ duplicate invoices by 50-80%
• ↓ percentage of invoices with problem from 35% to less than 10%
• ↑ % of possible discounts taken from 75-80% to upwards of 95%
• Cumulative 5 year invoice processing cost savings ~ INR 5 Cr.• NPV = INR 1.55 Cr. • ROI is achieved in year 3• assuming 60,000 vendor invoices/year with a YoY growth of 20%
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Contacts
+91 9819333774
[email protected] | +91
9731280808
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