Accounts Payable Automation: Learnings from the Nayara Experience
Manual Accounts Payable characterised by high processing cost, slow invoice approval times and frequently delayed payments create an unsustainable level of risk within your supplier relationships.
Maintaining solid relationships with your suppliers is essential for a healthier bottom line of your organization.
OpenText VIM streamlines order to pay operations for SAP customers. It optimizes and simplifies the process of receiving, managing, monitoring and routing invoices, order confirmations and related documents on all levels.
With SAP OpenText VIM, organizations can:
- Ensure accurate, on-time financial reporting with automatic access to AP information
- Improve cash flow by streamlining workflows, initiating reminders, and shortening the payment cycle
- Enhance vendor relations with better access to current, accurate vendor information