As a result of the strategic partnership agreement between SAP and the largest provider of EIM (Enterprise Information Management) solutions, a Canadian company OpenText, the SAP offering has been expanded to include tools that complement the transactional ERP system with enterprise information management solutions.
SAP Invoice Management by OpenText
A flagship OpenText product offered by SAP is a solution for automating the handling of purchase invoices – SAP Invoice Management by OpenText (VIM).
A certified and fully integrated add-on to the SAP system supports channels of incoming invoices, ranging from faxes, scans, EDI, PI/XI to electronic filing offices (e-mail) and self-service systems, such as SAP SRM.
The implemented matrices for exception handling management help eliminate 99% of problems with handling incoming invoices, both those with and without reference to a purchase order.
The system is intended to accept an invoice and automatically post it unless it finds an exception at the stage of processing. At this point, it commences to analyze it in accordance with the configuration made on the basis of the company’s business processes by experienced SAP ...