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Qinetiq

QinetiQ Aims for Smarter Vendor Invoice Processing with OpenText

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OpenText Vendor Invoice Management for SAP® Solutions Speeds Up Processing, Facilitates Supplier Negotiations and Improves Reporting

We selected the OpenText solution due to its superior integration with SAP, supportability and proven security. We had to know that future software updates would not cause technical nor security issues for us

Jonathan Harris, Purchase to Pay Team Lead, QinetiQ Limited

Challenge

  • Project to bring purchase to pay processing back in house from off shore outsourcer, fully integrated to SAP
  • Highly sensitive defence, security and aerospace environment
  • Complex services based invoices in addition to product type invoices
  • Drive to improve supplier relationships, including early settlement discounts

Product(s)

Value

  • OpenText solution proven in SAP environments
  • Improved transparency, accuracy and reporting capabilities
  • Straight-through processing of product and services invoices,  reducing processing times, enabling early settlement discounts
  • Cost effective solution compared to competition, including deployment and operational costs, lower cost per invoice

About Qinetiq

QinetiQ Limited, experts in defence, aerospace and security, employs more than 9,000 people worldwide. QinetiQ scientists and engineers solve some of the world’s most important problems, offering high-end technical knowledge underpinned by world-class research and innovation. With a turnover in excess of £1.3billion, with the UK, US and Australia being home markets, QinetiQ is a trusted supplier to more than 40 countries, providing a world-class defence and security service.