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Accounts Payable Automation for SAP
Automate invoice capture, approval, and posting in SAP using AI-powered OCR and intelligent workflows.
Automate vendor invoice data capture using OCR
Eliminate manual invoice entry in SAP
Perform automated 2-way and 3-way PO matching
Accelerate invoice approvals
Reduce AP processing cost by up to 70%
Are You..
Tired of manual invoice processing?
Having Unhappy Vendors ?
Worried about fraud risks in invoice handling?
Numbers Which Talk about this Tool.
Here is how Accounts Payable Automation for SAP Helps you .
Vendor Invoice Management in SAP
90%
Reduced time for Account payable Cycle time
50+
Brands using ivim already in SAP HANA , ECC and now RISE
85%
Accuracy in auto data capturing from invoices
70%
Saving on license expenditure
90%
Less implementation time
80%
Cost Saving compare to any other Vendor invoice processing
Optical Character Recognition (OCR) empowered by AI & ML
No external tool or technology involved
Rapid deployment capability.
A solution tailored precisely to meet specific needs.
Why accounts payable Solution.
OCR Invoice Processing
whY are SAP Customers are ADOPTING this SAP Accounts Payable Automation for SAP.
SAP-centric solution acts as an add-on to your SAP system. It also uses SAP technology such as ABAP and Workflow. It is also integrated with standard SAP functions such as Invoice Verification and Financial Processing. Also provides customers with process efficiency, visibility and compliance values. It optimises and simplifies the process of receiving, managing, monitoring and routing invoices documentation on all levels.
Boost productivity and streamline operations
Automate invoice processing with advanced matching capabilities and integrated approval processes, freeing up valuable time for your team to prioritize early payment incentives and enhance supplier partnerships.
Gain complete transparency
Utilize AP automation to obtain real-time insights into cash flow across your organization, enabling you to streamline accrual processes, optimize cash management, and effectively manage expenditures.
Maintain regulatory compliance
Having a contemporary infrastructure for expenses, payments, and compliance is crucial for capital management, prioritizing strategic initiatives, and staying compliant with intricate global tax standards as your business expands.
Features.
Features of ivim for vendor invoice management in a glance.
Vendor Invoice Management
Automate vendor invoice processing in SAP using AI-powered OCR to capture invoice data and eliminate manual invoice entry.
Eliminate manual invoice entry with advanced OCR technology.
Leverage machine learning to scan, capture, match, and process invoice details at both header and line levels. Integrated approval workflows and automated payment scheduling further streamline the AP workflow, making it touchless and efficient. (OCR Invoice Processing, OCR Invoice Automation ,AI OCR Invoice Processing, Invoice Data Capture using OCR, OCR Vendor Invoice Processing)
Matching PO in 2-3 Ways
Automated 2-way and 3-way PO invoice matching in SAP to prevent duplicate payments and invoice fraud.
Eliminate overpayments with automated 2- & 3-way PO matching, minimizing waste, preventing fraud, ensuring readiness for audits, and saving valuable time. (2 Way Matching SAP, 3 Way Matching SAP, Automated Invoice Matching, Invoice Fraud Prevention, PO Invoice Matching Automation)
Streamlined supplier management
Shift data entry to your suppliers
Enable your suppliers with seamless self-service options to access real-time updates on invoice and payment statuses, along with robust transactional case management capabilities. (SAP Invoice Processing, SAP Invoice Verification Automation, SAP Financial Document Posting, SAP Workflow Invoice Processing, SAP Add-on Accounts Payable Automation)
Mitigate risk with stronger controls
Accounts payable workflow automation in SAP using custom approval rules and automated routing.
Automate your team’s accounts payable workflow with custom rules, ensuring visibility at every step. Efficiently route purchase orders (POs), invoices, and payment approvals to the appropriate team member at the necessary times. (Accounts Payable Workflow Automation, Invoice Approval Workflow, SAP Invoice Approval Workflow, AP Workflow Automation)
Real Time Visibility
Gain real-time insights into your AP status using dashboards.
Track the time taken for coding, approval, and payment of invoices, and monitor outstanding payments for the month. Utilize comprehensive dashboards to streamline and enhance the speed, ease, and collaboration of your accounts payable processes.
SAP AUTOMATION for FINAL DOCUMENT POSTING
OCR Powered By AI
This feature helps to read data of files which are shared by Vendors in mail
No External Tool
Your email data is directly processed and send to your ERP
Secure
Data is fetched within your SAP system securely
End To End
No need to have separate developments done in SAP till final financial Document Posting
Real Time
This tool gives you real time insight of All critical risks in system
Workflows
You have all the required workflows to handle the supplier invoice processing
What Clients talk.
FORTUNE 500 getting Accounts Payable Automation for SAP.
SAP Invoice Workflow Automation
BSC Global’s ivim has revolutionised Indorama’s global vendor management onboarding till vendor invoicing process. Its user-friendly interface simplifies navigation, while robust invoice data collection from vendor features enable proactive accounts payable process. Realtime check of data and insightful analytics further streamline operations.With dedicated support, BSC Global ensures a smooth experience, making it an indispensable solution for Indorama global automation needs.
Easy INtegration.
Accounts Payable Automation for SAP integration Easy , Connector.
PO Matching Automation
Ivim has connector for SAP and various other ERP’s
Do You nEED A QUOTE for ivim
Get QUote Now
SAP AND Vendor Invoice SOFTWARE FAQS- FREQUENTLY ASKED QUESTIONS
What is Accounts Payable Automation for SAP?
Accounts Payable Automation for SAP is a solution that automates the processing of vendor invoices using AI and OCR technology. It captures invoice data automatically, validates it, performs invoice matching, and posts financial documents in SAP with minimal manual effort.
How does OCR invoice processing work in SAP?
OCR (Optical Character Recognition) technology reads vendor invoices received through email or scanned documents. The system automatically extracts invoice details such as vendor name, invoice number, date, amount, and line items, and sends the data for validation and posting in SAP.
How does the solution automate vendor invoice processing?
The system captures vendor invoices, extracts the data using OCR, validates the information, performs PO matching, and routes the invoice through an automated approval workflow before posting the financial document in SAP.
What is 2-way and 3-way matching in invoice processing?
2-way matching compares the vendor invoice with the purchase order, while 3-way matching verifies the invoice against the purchase order and goods receipt. This automated matching process helps prevent incorrect payments and improves invoice accuracy.
How does Accounts Payable Automation reduce manual work?
By automatically capturing invoice data, validating information, and routing invoices for approval, the system eliminates manual data entry and reduces the time required to process vendor invoices.
What are the benefits of automating invoice processing in SAP?
Automating invoice processing helps organizations reduce manual effort, speed up invoice approvals, prevent errors, improve visibility in accounts payable processes, and enhance overall efficiency.
