EMC SAP Vendor Invoice Processing Solution
Reduce paper, improve efficiency, and lower costs
Enterprises have invested heavily in ERP systems such as SAP® to improve business processes like accounts payable. But SAP Accounts Payable processes are dependent on paper, which costly to manage, prone to error, and hampers productivity. Much of the content necessary to the accounts payable process lives outside of SAP. This content, including invoices, must be reconciled with SAP-generated content such as existing purchase orders. This reconciliation process is usually manual, including getting paper to the accounts payable department and manually keying in information to balance accounts and make payments.
The result of all the paper handling and manual effort? Loss of productivity, errors, and lost opportunities for better credit terms and vendor of supplier discounts.