OpenText Vendor Invoice Management for SAP Solutions

Meet the future of information management

 

 

 

What is OpenText Vendor Invoice Management for SAP Solutions? 

 

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 OpenText Vendor Invoice Management for SAP Solutions. 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.

 

OpenText Vendor Invoice Management (VIM) Support Livecycle:

OpenText VIM 20.4 is supported until November 2025. OpenText VIM 16.3 is supported until December 2022. OpenText VIM 7.6 is supported until November 2025. OpenText VIM 7.5 is supported until December 2023. OpenText VIM 7.0 and elder versions are end of support. For OpenText upgrade assistance, contact Ecodocx.

Talk to an OpenText Expert Managed Support Services Upgrade Services Advisory Services

 

 

 

Our Customers

 

 

 

 

 

OpenText Vendor Invoice Management for SAP Solutions 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

 

Learn more about advisory services

 

 

OpenText Vendor Invoice Management for SAP Solutions Services

 

We provide services for all versions and parts of OpenText Vendor Invoice Management for SAP Solutions. 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 OpenText Vendor Invoice Management for SAP Solutions 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. 

 

OpenText Product Training

Our team provides general and custom training sessions for all versions of OpenText Vendor Invoice Management for SAP Solutions. 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. 

 

 

OpenText Support & Management

We not only build and support new solutions from scratch, but we also support existing projects and solutions as well. We know how difficult it is to keep existing solutions regulatory compliant. Therefore, we help our customers to manage existing projects, implement new ones, stay compliant, reduce downtime, improve stability and keep things running smoothly. 

End-to-End Project Development

Need to do an OpenText Vendor Invoice Management for SAP Solutions project, but don’t have needed expertise in-house? No problem, we’ve got you covered. We provide a wide variety of services, including business analysis, project blueprint, time schedule and architecture design, installation and configuration, integration with third-party software, professional services, testing, custom programming, staff training, go-live support, post-go-live support.

OpenText Product Version Upgrade

Running on an unsupported version of SAP Vendor Invoice Management by OpenText? We can help you upgrade and migrate your existing projects in order to maintain an optimal IT infrastructure that will support core business functions.

Team Augmentation

We can extend the manpower of your in-house team during short- or long-term engagements. We provide OpenText ECM customers with the needed expertise, skills and co-development teams in order to achieve organizational goals and save time. Working on-site or remotely, Ecodocx engineers adapt to your environment without disrupting the workflow.

Integration with OpenText Products

We provide a full range of services to OpenText products that are typically used with OpenText Vendor Invoice Management for SAP Solutions, like OpenText Document Presentment for SAP, OpenText Extended ECM for SAP, OpenText Archiving and Document Access for SAP.

Integration with Third-party Products

Having deep knowledge of the workflows and best practices in different verticals (utility (SAP IS-U), banking (SAP Banking), insurance (SAP Insurance & Guidewire), distribution (SAP SCM), telecom (SAP Ericsson LHS BSCS and SAP IS-TELCO), manufacturing (Infor/Lawson M3)), we offer custom solutions to meet your business needs.

 

 

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.

Learn more about Ecodocx

 

 

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