SAP Vendor Invoice Management by OpenText Services

Meet the future of information management

 

 

 

What is SAP Vendor Invoice Management by OpenText? 

 

Manual invoice processing can cause serious risks to your business. Information can be incomplete and inaccurate, tasks are time-consuming and wasteful, and solutions can be dispersed throughout your operation. This results in lengthy error-prone activities that leave you with poor visibility and open to exposure. You can reduce these risks and optimize your invoice management processes with the SAP® Invoice Management application by OpenText. Ecodocx can set you up with the ideal vendor invoice management software so that you can always prioritize the safety, efficiency and well being of your business.

 

 

 

 

Our Customers

 

 

 

 

 

Product Features

 

  • Enters invoices from any source from any location: via all input channels and in any format directly into the ERP system.

  • Automates invoice data extraction: integrates with Information Extraction Service to cull invoice header and line item details quickly, reliably and automatically, based on a knowledge base of thousands of invoice samples in combination with machine learning.

  • Optimizes the review and approval process: intelligently enriches missing information, offers controlled and automated exception detection and handling, parallel approvals, escalations, invoice posting, and reporting, resulting in a reduced cost per transaction.

  • Leverages designated workflows: provide predefined workflows with robust and extensible baseline functionality, shortening implementation time and reducing deployment costs.

  • Automates invoice routing and sorting – designated workflow steps sort and route invoices based on user roles, authorization rules, priorities, and predefined timelines to ensure actions are taken by individuals with both the applicable knowledge and security access.

  • Generates reports – uses built-in reports and data models based on company code, business unit, supplier, exception type, liability and more to turn insights into action.

  • Drills down into invoice information – accesses applications, content and history using intuitive, graphical dashboards with buttons that drill down into the original invoice image and information, purchase order and goods receipt.

 

 

Looking for a piece of advice on your OpenText ECM products?

Schedule a free of charge advisory and consulting session with one of Ecodocx’s experts

 

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Our Services

 

We provide services for all versions and parts of SAP Vendor Invoice Management by OpenText. But before providing any type of services, we work with you to clarify objectives. We help you define which requirements you must meet including those around your scope, budget, and schedule. We explore multiple and agile ways to solve your problem and help you decide which solution is best.

 

Advisory and Consulting Services

Need some advice on your existing or future SAP Vendor Invoice Management by OpenText application? Do you have a concern, or would simply like to hear the feedback from a professional service provider? We offer advisory sessions as a yearly subscription service or a one-time service. Learn more here.

 

OpenText Product Training

Our team provides general and custom training sessions for all versions of SAP Vendor Invoice Management by OpenText. We provide knowledge transfer and share best practices on single SAP VIM components or the whole solution. We also do OpenText crash courses for business and technical users and administrators. Your team can get training at your location, at our location in Boston MA, or remote during WebEx sessions. Learn more here.

 

 

Providing Added Value in Different Industries

  • Finance & Banking
    Our solutions streamline business processes of financial and banking institutions, such as external financial auditing, new client acquisition, loan processing, human resources, accounts receivable, and accounts payable. They help to stay regulatory compliant and increase security.

 

  • Healthcare
    By implementing our solutions to existing EMR systems, healthcare facilities can not only extend their capabilities but also provide faster and better patient care.
  • Energy & Utilities
    Our solutions help global energy and utilities to digitize operations, access mission-critical content in real-time, improve operational efficiency, ensure regulatory compliance, minimize operational and financial risk, and improve bottom-line profitability.

 

  • Insurance
    Solutions provided by Ecodocx help to automate manual processes, enhance client service, minimize time spent processing claims, be more responsive to policyholders, and real-time access to forms, claims, EOBs, invoices, reports, charts and medical images, and more can enable more informed patient care and better healthcare decisions.

     

 

Why choose us?

Find out why several Fortune Global 500 leaders and hundreds of local SMBs have been working with Ecodocx for more than a decade to optimize their OpenText solutions.

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