SAP OpenText ECM Solutions:
Vendor Invoice Management (VIM)
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Business Value Solutions Tailored to meet specific SAP business process requirements Procurement Excellence
Strategic Sourcing
Supplier & Contract Mgmt
Order to Pay
Production and Operation Excellence
Production & Quality Mgmt
Brand Asset Mgmt
Project Mgmt
Enterprise Asset Management
Logistics & Distribution
Customer Excellence
Sales Account Mgmt
Customer Billing Sales & Service Order Mgmt
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Financial Excellence
Customer Invoicing
Collections
Accounts Expense Managemen Payable t
Human Resources Excellence
Manage Employee Info
Talent Sourcing & Acquisition
Reward & Retain
Information Technology Excellence
Data Archiving
Paper Archive Elimination
Legacy Decom
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Records Mgmt
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SAP’s ECM Portfolio: An Expanding Partnership with OpenText
Document Presentment
Portal Content/ Site Mgmt
Extended ECM
Employee File Management
Travel Receipts Management
Invoice Management and OCR
Digital Asset Management
Automated document generation personalization and multichannel distribution (e.g. billing statements)
Document Mgmt
Complete ECM with productized SAP Integration
Automate HR File administration and enable self service scenarios
Automate receipt handling and streamline expense management process
Minimize data capture effort and human intervention.
Optimized management of rich media assets
Streamline accounts payable processes
Integrate media into marketing communications
Collaboration
and Site Mgmt embedded into SAP NetWeaver Portal
Business Workspaces Enterprise Records Mgmt
Document Access 360 degree information access Archiving (Enterprise Library) Secure, compliant, cost-efficient storage of information
Resold ‘horizontal’ OpenText ECM
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Resold ‘Point Solutions’ from OpenText
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Typical manual FI-AP processing
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Manual Invoice Processing An inefficient and serious risk to your business
Manually managing invoices processes drains resources Time-consuming historical research Belabored vendor communications Documentation and other requests for additional information
Inefficient, labor-intensive processes Inability to optimize cash-flow and vendor relationships
Manual routing
Inability to improve overall business transparency
Labor-intensive monitoring and updates
Lack of process control introduces compliance risk
Scalability only through headcount
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SAP Invoice Management Automated paper-to-post invoice management
Inbox (incoming mail / fax)
Prepare
Invoice Recognition
Transform
Scanning
OCR
Archiving
Validation
Invoice Verification
Collaboration & Monitoring
Invoice Completion
Verify and Complete
Exception Handling
Approve
Trigger workflows
Comment
Payment
Pay
Post invoices
Automated reconciliation and posting
SAP Archiving by OpenText*
OCR Option for SAP Invoice Management
SAP Invoice Management
ERP (FI/AP) * or another SAP ArchiveLink-certified repository Copyright © 2013 Avaali. All Rights Reserved.
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Organizational Gains from SAP Invoice Management Simplify and optimize entire invoice management process
Improve business processes and reduce compliance risks
Create workforce efficiencies through an automated, streamlined process including mobile approvals
Enable more accurate financial reporting through complete visibility
Improve working capital management through better visibility to cash requirements
Segregate duties through workflow control
Cut costs through automated data extraction, process automation and control including shared services
Monitor across all steps of the invoice process Provide complete audit trail
Reduce costly manual errors Optimize cash discount utilization including dynamic discounting Copyright © 2013 Avaali. All Rights Reserved.
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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%
~ INR 5 Cr.
•
Cumulative 5 year invoice processing cost savings
•
NPV = INR
• •
assuming 60,000 vendor invoices/year with a YoY growth of 20%
1.55 Cr. ROI is achieved in year 3
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Contacts
[email protected]
|
+91
[email protected] |
+91
9819333774
9731280808
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Thank You Thank You
[email protected] | +91 99999 99999
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