the interplay:
incoming invoice processing and your SAP Solution
efficiency due to automation
In combination with SAP in particular, the processing of incoming invoices results in the required advantages in terms of automation. Your users gain the biggest benefit when the solution is 100% integrated into SAP. After all: The automatic comparison with the master data results in a high degree of recognition accuracy: Information is supplemented effectively with master data (such as information about the vendor), and the quality of the data is significantly increased.
Invoices can also be compared automatically with the purchase orders and incoming goods (delivery notes) saved in the SAP system, to provide the best possible support to the verification process for the responsible staff member, or, where necessary, to relieve them completely. After all, with MM invoices, the invoice can also be posted directly thanks to the automatic recognition and comparison.
time for clarity – what are the financial advantages of the digital invoice receipt process?
According to an international market report (published by Billentis, June 2015), cost reductions of 50-80% can be achieved with electronic invoice processing in comparison with paper-based processes. The investments made in electronic invoice processing can therefore often be recouped within six months.
From experience:
800 incoming invoices per day, and we've never looked back
As explained by Patrick Schuster, the solutions were implemented within a few weeks about ten years ago, and have been running efficiently ever since. EASY Invoice Management for SAP Solutions now manages more than 800 incoming invoices per day at Schäfer Shop – 60% of which are fully automated; EASY Contract Management for SAP Solutions currently handles around 1,200 active contracts of all types. EASY Archive rounds off the combination and protects all archived documents from modification and manipulation.
Digital contract management – everything in view at all times
EASY Contract Management for SAP Solutions allows for the management of the most varied types of contracts; EASY Invoice Management for SAP Solutions, on the other hand, enables the fully automated processing of the incoming invoices. The majority of all processes are carried out completely independently and without any manual effort. For the remaining processes, the solutions show which employees are responsible and where there is still need for action.
Summary
“The consistent reliability of the solutions over the course of almost ten years shows that, together with EASY SOFTWARE, we are rising to one of the greatest challenges in the digital transformation: Responding to change on an agile basis,” emphasizes Patrick Schuster – not least in terms of a future with the new SAP S/4 HANA Business Suite, which is already supported by EASY for SAP.
