Ten reasons to transform your procurement value chain with collaborative invoice management solutions from SAP

Top 10 Ten reasons to transform your procurement value chain with collaborative invoice management solutions from SAP 1 Comprehensive Build an int...
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Top 10

Ten reasons to transform your procurement value chain with collaborative invoice management solutions from SAP

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Comprehensive Build an integrated platform

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Connected

Tap the power of the networked economy

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Transparent

See what you need when you need it

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Compliant

Optimize your compliance processes

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Collaborative

Build a partnership between buyer and supplier

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Smart

Deal with exceptions before they cause problems

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Cost-efficient Streamline invoicing processes

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Innovative

Leverage breakthrough technologies

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Time to value Start fast and see results in weeks

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Support

Choose from a full menu of service options

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Move beyond stand-alone invoice management. On premise and in the cloud, SAP® software lets you connect contracts, purchase orders, payments, and sourcing.

Software

Deployment

Value Proposition

SAP ERP Financials solution

On premise

Manage spend, optimize resources, and comply with reporting requirements

SAP Invoice Management application by OpenText

On premise

Automate reconciliation of supplier invoices

SAP Invoice Management application by OpenText, option for OCR

On premise

Digitize paper invoices automatically

Ariba® Network

Cloud

Connect and collaborate with suppliers around the world

Ariba Collaborative Finance

Cloud

Send purchase orders and receive invoices electronically

Ariba Discount Professional

Cloud

Leverage discount management programs

The added value that results from improved accounts payable performance has become too significant to ignore. Ardent Partners, “ePayables 2013: AP’s New Dawn,” May 2013.

© 2014 SAP SE or an SAP affiliate company. All rights reserved.

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Leverage the Ariba® Network to get connected to the world of digital business. As the world’s largest trading partner community, the cloud-based Ariba® Network helps you engage with suppliers and improve cash management. The Ariba Network handles more than: • 1.6 million connected companies • 65 million invoices annually • US$700 billion in annual commerce Every 24 hours Ariba customers: • Manage $1.4 billion in commerce • Conduct 100,000 business transactions • Manage 4 million contracts • Finance $500,000 in receivables

Source: Ardent Partners, “ePayables 2013: AP’s New Dawn,” May 2013.

The average enterprise receives 80% of its invoices in a manual format Electronic (e-invoice, EDI/EXL, Web portal)

20%

Manual (paper, PDF, e-mail, fax)

80%

© 2014 SAP SE or an SAP affiliate company. All rights reserved.

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Enable visibility of invoices above and beyond the organization. SAP software lets you share accounts payable (AP) information across internal silos and external firewalls. With a clearer picture of upcoming liabilities, you can identify opportunities to leverage excess cash or fine tune early payment dynamic discounting programs. Invoice transparency also helps reduce the supplier inquiries that pull your AP people away from their core activities.

We are overwhelmed by the approximately 350,000 calls we receive each year. . . . 50% of them are to check if we received an invoice and when it will be paid. Fortune 500 global payments director quoted in Ardent Partners, “ePayables 2013: AP's New Dawn,” May 2013.

© 2014 SAP SE or an SAP affiliate company. All rights reserved.

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Enable consistent invoice management processes to boost business benefits. End-to-end visibility of invoice data helps you streamline regulatory compliance. It also improves adherence with internal commitments such as purchase orders, contracts, and service agreements. The result:

decreased leakage

lower processing costs

little or no need for postaudit recovery services

SAP has helped increase visibility into our entire invoice process and has reduced our invoice processing time. Maznida Mohamad, Senior Manager, Architecture Planning, IT Division, Malaysia Airports Holdings Berhad

Source: “Malakoff: Improving Operations, Saving Money, and Maintaining a Competitive Edge with SAP Solutions,” SAP Business Transformation Study, 2012

© 2014 SAP SE or an SAP affiliate company. All rights reserved.

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Improve teamwork with your business partners.

With full visibility of the receipt, approval, and status of all invoices, buyer and supplier can work together to eliminate exceptions and speed corrections. Internal collaboration helps your business resolve cash flow issues, manage early payments, and enhance discounting programs.

Visibility Approval Status

We used to process our invoices manually, which was an enormous investment in workforce and time. Now that the process is automated, our team has more time for value-added tasks and the company is saving money. Farrah Goldberg, Accounting Manager, Bumble Bee Foods LLC

Source: “Bumble Bee Foods: Streamlining Accounting with SAP Invoice Management from OpenText,” SAP Business Transformation Study, 2012

© 2014 SAP SE or an SAP affiliate company. All rights reserved.

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Catch and correct problem invoices before they reach AP. Automation engines help your organization handle high-volume, labor-intensive activities. For those exceptions that do remain, powerful workflow rules enable rapid handling and resolution.

Malakoff Corporation Berhad implemented the SAP ERP application and the SAP Invoice Management application by OpenText and achieved:

50%

faster account closing cycle (from 2 weeks to 5 days or less)

30%

reduction in peer-to-peer cycle time

Source: “Malakoff: Improving Operations, Saving Money, and Maintaining a Competitive Edge with SAP Solutions,” SAP Business Transformation Study, 2012.

80%

faster purchase request approvals

© 2014 SAP SE or an SAP affiliate company. All rights reserved.

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Make AP a strategic contributor instead of a back-office processor. Reduce leakage and capture savings by connecting invoices with other financial processes. This integration reduces or eliminates hiccups in the supply chain by allowing your suppliers to be paid promptly and accurately. Dynamic discounting tools give real-time visibility of available discounts so you can reduce profit leakage caused by missed opportunities.

Dabur India Limited deployed the SAP Document Access application by OpenText and achieved:

50%

estimated improvement in productivity

3%

more value-added tax recovered

Source: “Dabur: Creating Efficient, Cost-Saving Shared Services with SAP Document Access by OpenText,” SAP Business Transformation Study, 2012.

5%

reduction in required operating cash

© 2014 SAP SE or an SAP affiliate company. All rights reserved.

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Stay ahead of the competition with technologies that help your business succeed. We build Leading the industry in R&D investment*

We integrate Acquiring companies that deliver innovation, not legacy technology

*Three-year average of R&D as percent of revenue, as reported publicly by SAP.

We partner Co-innovating new solutions and technologies with customers and partners

Our pace-setting innovations include: • Enterprise mobility • Cloud computing • Analytics • In-memory computing • Rapid-deployment solutions

© 2014 SAP SE or an SAP affiliate company. All rights reserved.

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Plug in to the SAP business network for almost immediate results. SAP deployed SAP Invoice Management and the Ariba Network and achieved:

On premise, on device, in the cloud, or hybrid – SAP can help you start quickly and see results in weeks.

50%

Innovative packaging: • Best-practice-based templates • Preconfigured and preintegrated applications Fast time to value*: • SAP ERP in 2 to 12 weeks • Business intelligence software in 1 day to 8 weeks

increase in invoice automation within 12 months

On premise

On device

20%

increase in overall productivity for procurement within 18 months

Cloud

Hybrid

42%

reduction in procurement costs** *Benchmark from customers, partners, and internal, 2010. (Numbers are estimates only. Actual implementation time depends on customer requirements and specific customer situation.) **SAP Runs OpenText,” SAP Business Transformation Study, 2014.

© 2014 SAP SE or an SAP affiliate company. All rights reserved.

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Get peace of mind with the SAP ONE Support program.

Only SAP provides: • One consistent support delivery experience that addresses all roles and job functions • One set of comprehensive lifecycle management tools • One comprehensive infrastructure for mission-critical support

A unified support experience – in the cloud and on premise

Procurement Financials Suppliers Customers People

Cloud

SAP Support

On premise

Customer IT Studio SAP | 30459 (14/10) © 2014 SAP SE or an SAP affiliate company. All rights reserved.

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