Accounts Payable is responsible for processing and paying all incoming supplier invoices in a timely manner. Invoice processing can be an intense, labor-driven, paper-centric process fraught with data-keying errors, exceptions and inadequate internal controls. With many manual touch points within the invoice life cycle, exceptions prevent on-time payments.
Supplier Invoice Management solutions automate the process, from receipt through posting, reduce costs and offer detailed oversight of the entire Accounts Payable landscape.
Impact business and achieve better results.
Process supplier invoices faster to take advantage of early payment discounts more often and strengthen relationships with suppliers.
Eliminate time-consuming manual tasks with automated, touchless invoice processing, from receipt to matching to posting.
Allow suppliers to view and retrieve orders and respond electronically.
Manage working capital and plan upcoming workloads with real-time reporting of outstanding liabilities.
Identify bottlenecks in processes, take informed action and monitor improvement over time with collected metadata.
Accounts Payable teams strive for early payment discounts to save the business money. Manual touchpoints and exception processes can cause payment delays and duplication, losing discounts and costing money. Automate invoicing and maximize resources.
Invoices rely on several teams collaborating to keep the process moving. With manual and paper-based processes, invoices can easily become lost or misplaced, delaying resolution and payment. Automatically route invoices via centralized inboxes.
See how customers are succeeding with Supplier Invoice Management.See more success stories
DIC Asia Pacific drives accounts payable automation with OpenTextLearn more
Michelin achieves flexibility and scalability to support their global operationLearn more
Old World Industries powers its resilient business engine with OpenTextLearn more
OpenText offers a choice of products to manage supplier invoices.
OpenText Consulting Services combines end-to-end solution implementation with comprehensive technology services to help improve systems.