Optimize invoice processing to Increase efficiencies and reduce the cost per invoice

4.4 rating100

Designed to support best practices for information capture, invoice processing, and AP reporting and analytics. Customers who have deployed the solution have typically shown a return on investment within the first 12 months by simply automating daily tasks, removing processing inaccuracies, increasing visibility, and improving overall cash management.

Overview

Achieve faster invoice approvals and increased overall efficiency

Achieve 90% faster invoice approvals and increase overall efficiency by 40-80 percent with intelligently automated workflows that reduce the time and effort needed to resolve invoice exceptions, lowering invoice processing costs.

Leveraging AI for fast capture, duplicate detection, and efficient auto-posting

Capture invoices quickly and quickly detect and reject duplicate or incorrect invoices with AI-powered intelligent document processing to enable faster, more efficient processing and auto-posting.

Achieve global visibility and control with detailed tracking

Gain complete visibility and control over global invoices with detailed invoice status tracking that makes it easy to respond to vendor or audit queries. A complete audit trail ensures processes comply with global and local regulations.

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Details

Solution type

Extensions and Add-ons

Industry

Oil, Gas, and Energy, Industrial Manufacturing, Utilities, Telecommunications

Compatibility

Works with

This product is compatible with or enhances the functionality of these SAP solutions but doesn't require them.
SAP Cloud Portal service and SAP FioriSAP ERPSAP Build