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The Sanofi-aventis Group is the world's third largest pharmaceutical company, ranking number one in Europe. Operating in over a hundred countries, Sanofi-aventis markets major pharmaceutical products derived from its research and a very wide range of medicines adapted to local needs throughout the world. With more than 100,000 employees, Sanofi-aventis has experienced the highest growth rate among the leading European pharmaceutical companies.
When Sanofi-aventis needed to streamline invoice processing, they turned to Open Text...
Benefits
- Scanning and electronic archiving of invoices
- Integration of the system with other enterprise applications enables the creation of dynamic links between accounting and archived documents
- Immediate access to documents from any location
- Reduced numbers of circulating paper documents
- Improved customer service as vendor queries and requests can be handled immediately
- Optimized approval workflows
- Sarbanes-Oxley compliancy achieved due to complete traceability of the invoice flow, immediate invoice posting after archiving and validation flow
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