It improves productivity, cash flow and supplier relations.
Processing invoices manually is inefficient and very risky for any business. SAP Invoice Management by Open Text (VIM) eliminates the risk, optimising and automating invoice processing.
- Reduces the time needed to process each invoice.
- Optimises the management process from digitalisation to approval.
- Eliminates the possibility of duplicate payments.
- Enhances the use of prompt payment discounts.
- Improves relations with suppliers through better access to information.
- Optimises cash flow using workflows and reminders, shortening the payment cycle.