Video Reviews
11 out of 12 Total Reviews for SAP Invoice Management by OpenText
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Automatic exception raising ,invoice routing to responsible roles.
Excellent Reporting features especially VIM analytics for end to end status checking along with all the details.
OCR extraction and logic modules and Z-constant user exists for data automation. Review collected by and hosted on G2.com.
No option to skip & open the next invoice in Validation client.
Line items tab in indexing screen, difficult to select correct line items manually if PO has multiple lines. it should be like MIRO lines, there should be a refresh button and it should delete unselected lines similar to SAP MIRO. Review collected by and hosted on G2.com.
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Optimized integration of an invoice automation solution into SAP ECC/ S/4HANA on Premise.
It provides higher productivity in Accounts Payable and increased flexibility in cash management by reducing the time until invoices are free for payment.
Regulatory compliance through a well-managed process using preconfigured rules, roles, and actions considering country-specific regulations Review collected by and hosted on G2.com.
It cannot show the simulation of accounting entries similar to FB60/MIRO.
Opentext Validation client is not very user-friendly. It works on a first-come, first-serve basis, which creates problems when you have many documents in the queue and an urgent one is in the middle of the queue Review collected by and hosted on G2.com.
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We implemented SAP OT VIM 16.3 to our customer, I have observed below pros and cons.
Pros:
- Use OCR to scan.
- 3-way matching.
- Exception handling.
- Complete control on vendor invoices, since money is going out once the invoice is free for payment.
- PO line item can be determined easily which material code is different.
- Non-PO invoice handling has excellent features using Char of authority.
- NPO - approval has good control in terms of cost center/profit center.
- NPO - Level-based approval, which is also a good thing in SAP OT VIM.
- Archiving functionality central reports which are good.
- Also, OT VIM can be integrated with SAP SRM Review collected by and hosted on G2.com.
Cons:
- Cost to the customer is bit heavy.
- Miantaince charge also more, since SAP OT VIM has both technical and functional things together and it's not so easy to get resources with both technical and functional.
- If you buy OT VIM license from SAP, we can only reach out to the SAP not directly to the OpenText, I feel issue resolution may take a longer time. Review collected by and hosted on G2.com.
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The process cycle of invoice generated can be easily tracked
Reporting functionality
Data parsing
supplier management Review collected by and hosted on G2.com.
How does it works for B2B SAAS product? I could not find the recurring invoice generation option
In B2C A dashboard to provide for each order with the status that can be easily visible to the users(UX change) Example: Provide option of tasks- Ordered->Confirmed->Invoiced->Delivered->Ack where we can easily reach out to concerned POC. I found this at the end of the cycle but to understand easily on where the lag is, it is important), This can be placed in orders listing
- How do we notify users? Email is one form but to understand better, I see companies are using text messages and WhatsApp with a link to download instant invoices which can be provided as an option to users.
- Documents that the supplier needs to provide are in manual form.
- Verification of received order items can be automated
- Can be more user friendly to use Review collected by and hosted on G2.com.
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I like the process flow most simple, user-friendly, easy to go, and time-saving, which makes this product the best in the business.its sets the banchmark in sap market. Review collected by and hosted on G2.com.
As such, I didn't find any problem with this, but yes, we have to improve the workflow and OCR, and the Business center. apart from that, I didn't find anything Review collected by and hosted on G2.com.
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SAP invoice management tools are a more efficient and automated platform. It reduces manual work and provides extra productivity. Using this solution we can make timely payments to our suppliers. Review collected by and hosted on G2.com.
It is a bit expensive solution we have if we compare it with another platform. Its helpful for medium and large industries, especially in the manufacturing sector. Not more practical and cost-effective for small enterprises. Review collected by and hosted on G2.com.
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It's easy to use, User Friendly and Very efficient
Every detail is saved and shared
Can be extracted to any sheet required for reports
Tell you everything about the invoice status Review collected by and hosted on G2.com.
There's technically nothing to dislike
SAP as a tool is very efficient.
I've used it for about 7 Years and i know how good it is for the department and the organisation Review collected by and hosted on G2.com.
I enjoy this invoice management system more than arriba. Being able to have your invoices in the system instead of via email is easier to keep everything and one place. Review collected by and hosted on G2.com.
This is the greatest system I've came across in the SAP program. SAP keeps improving through the years. I appreciate this system trying to improve the previous challenges in SAP. Review collected by and hosted on G2.com.
Out of box workflows for vim. It has ICC which is ocr tool. Development is really faster as it covers most of the use cases. This tool is also approved and sold by sap. Review collected by and hosted on G2.com.
Costing. This is expensive tool. Opentext products information is not available on Google this makes development little difficult as tribal knowledge is limited to few. Review collected by and hosted on G2.com.
It's pre configured rules and roles. Automated invoice generation Review collected by and hosted on G2.com.
Configurations and lack of manuals for assistance in resolving issues and supporting customer Review collected by and hosted on G2.com.