SAP VIM optimises accounts payable accounting
SAP Invoice Management by OpenText, also known as VIM or OpenText Vendor Invoice Management for SAP Solutions, is a pre-configured application package that can be connected to SAP S/4HANA or other SAP ERP systems. VIM optimises invoice management and simplifies the processes of receiving, managing, monitoring and forwarding invoices for accounts payable, purchasing and all other employees within the invoice process. Invoices are processed more efficiently and quickly; problematic invoices are automatically forwarded for problem resolution, approval and payment. With SAP Invoice Management by OpenText, you can manage invoices through a secure, browser-based interface that allows Accounts Payable to collaborate with other departments to resolve issues, view current invoice status, verify purchase order numbers, submit invoices, and more.
SAP VIM increases the efficiency of the invoice processing cycle by significantly reducing processing times, minimising manual data entry, and increasing productivity through high visibility and simplification of processes. VIM thus increases RoI and provides a scalable foundation to increase agility and growth.