Special RepoRt SAP Ecosystem Solutions
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Tom RobERTS
Vice president Global ecosystem and partner Group
Sap aG
4 Quick Ways to Get More Value Out of Your Current Business SystemsSAP Leverages Its Ecosystem Partners to Deliver Greater ROI to Customers
But to attain such a profitability boost, companies need a
clearunderstandingofallaspectsoftheircostandprofitplans.
Organizationsthatdon’t fullyunderstandhowcounter-pricing
proposalsaffectprofitability,forinstance,maylosepotentially
profitablebusiness—orworse, inadvertentlyacceptunprofit-
ablebusiness.Companiesmustgivetheirsalesforcethetools
theyneedtoquicklyidentifyprofitableopportunitiesandavoid
baddeals.
SAP Price and Margin Management by VendavoInglobalbusiness-to-business(B2B)industries—likewholesale
distribution, industrialmachineryandcomponents,hightech,
andoilandgas—cuttingcostsandincreasingprofitsareespe-
ciallycriticalbecauseB2Bpricingissocomplex.Thesecompa-
nies do business with multiple organizations across different
regions,channels,andsegments,andtheyoftenmustcoordi-
nateacrossmultipledepartments includingsales,production,
finance,operations,marketing,andexecutivemanagement.
With tools like SAP Price and Margin Management by
Vendavo,SAPcustomers in these industriescankeepapulse
ontheircostsandprofits,givingthemthevisibilitytheyneed
toknowwhen—andbyhowmuch—toraisepricestomaintain
or increase profitability. For example, SAP Price and Margin
Managementallowscompaniestokeeptrackofchangingcost
variables, such as product ingredients, transportation, and
productsupportanddesign. Italsoallowsthemtoshare this
information across networks of sales representatives, sales
partners, and distributors (see Figure 1 on the next page),
helpingthemmakemore-informedpricingdecisions.
And since it is tightly integrated with SAP ERP and SAP
CustomerRelationshipManagement(SAPCRM),thissolution’s
pricingcapabilitiesleverageup-to-dateproductandcustomer-
specific information that already resides in your business
systems—ensuringaccurate,nearreal-timeanalysis,evenina
complexB2Benvironment.
Inthesechallengingtimes,there’snoquestionthatSAPcustom-
ersarelookingtogetmorevalueoutoftheirexistingsystems.To
remaincompetitive—eventoremaininbusiness—organizations
havetomakethemostoftheirenterpriseinformation,resources,
andassets.Butcompaniescannot stopat simplycreatingnew
internalefficiencies.Organizationsmustalsofindwaysto:
Optimizeprofit
Improvethebottomline
Engage,retain,andgaincustomers
Createefficienciesacrossthebusinessnetwork
SAPcustomersalreadyhaveaccesstoawealthofinforma-
tionandbest-practicebusinessprocesses that canhelp them
achievethesefourgoals. Inthefollowingpages,we’ll investi-
gatehowSAPalsoworkswithkeysoftwarevendorstoensure
thatcustomerscantacticallyextendtheircurrentinvestments
tobuildevenmorecompetitive,compelling,andholisticsolu-
tions.WhethersoldorendorsedbySAP,theselectthird-party
offeringshighlightedinthisarticlecanquicklyextendthevalue
ofyourinvestmentinSAPandotherenterprisesystems.
#1: Optimize Profit Through More-Informed Pricing DecisionsCompaniesacrossallindustriesarefeelingintensepressureto
cutwhatevercoststheycanandkeepawatchfuleyeonprofit
margins.Pricingnegotiationshavethereforebecomeevenmore
important—companiesneedrobustcapabilitiesinpriceexecu-
tion,priceanalytics,pricemanagement,priceoptimization,and
priceadministration to fullyunderstand theirbreak-evenand
profitpoints.Forexample,evena1% increase inprice,when
properlyexecuted,canleadtoaprofitincreaseofupto30%.1
� Patrick Hoge, “Vendavo finds profits in downturn” (February 6, 2009).
1.
2.
3.
4.
ThisarticleappearedintheAprnMaynJun2009issueofSAPInsiderandappearsherewithpermissionfromthepublisher,WellesleyInformationServices(WIS),www.WISpubs.com.
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Consider a company with more than 5,000 products and
4,000 customers that’s dealing with a fluctuating cost of
materials.Ifthiscompanyusesonlymanualprofitabilitycalcu-
lations,itmightendupoverlookingimportantfactors—likethe
costsof freight—that influence itsoverallprofitability. If this
companyusedSAPPriceandMarginManagement,itwouldbe
workingwithinestablishedbusinessrulesandprocessestohelp:
Segmentitsmarketseffectively
Setandoptimizepricesandtermsbycustomer
Managecomplexpricelists,policies,andapprovalstructures
Negotiatemoreprofitabledeals
Halt“maverick”spending
LeveragetheseprocessesthroughitsexistingSAPsystems
SAPPriceandMarginManagementdrivesinformedandcon-
sistentpricingdecisionsthataligntheentireorganization,from
planningtoexecution.Thisinturnenablescompaniestoachieve
higher margins through pricing best practices and a precise
pricing science. Please see https://ecohub.sdn.sap.com/irj/
ecohub/solutions/priceandmarginformoreinformation.
#2: Improve the Bottom Line Through Better Business VisibilityOrganizations must operate more effectively to remain com-
petitiveintoday’senvironment.Businessvisibilityisparamount
toensureanadvantageintheseturbulenttimes.Leveragingthe
business data that resides within your powerful business
systemscanenableyoutorespondbettertopotentialbusiness
changesandopportunities.Whetheryou’remanagingacomplex,
multi-tieredsupplychainorchannelpromotions,youcanuse
theinformationinyoursystemstobettermanagecash-related
inefficiencies like inventory carrying costs and days charge-
backsoutstanding.
Improving Supply Chain VisibilityManufacturersareunder tremendouspressure tomeetrising
customer expectations for product availability, reduce supply
chaincosts,outperformcompetitors,andcapturemarketshare.
Atthesametime,globalizationisincreasingsupplychaincom-
plexity while fragmented markets and product lines foster
higherdemanduncertainty.
It doesn’t help that many manufacturers also operate in
disconnected IT environments where functional units tend to
make isolated decisions based on inconsistent data. In such
environments,forecastsarefrequentlyinaccurate,andrespond-
ing effectively to demand fluctuations is difficult at best. To
compensate,companiescarryexcessinventoryateverystage
ofthesupplychainprocessasahedgeagainstsupply,produc-
tion,anddemandvariability.Butthisdrivesupinventorycarrying
costs,whichtiesupcapitalthatcouldbeputtofarbetteruse.
SmartOps Enterprise Inventory OptimizationOptimizing your inventory requires the continuous manage-
ment of uncertainties, constraints, and complexities across
your global supply chain. Accordingly, organizations need
advancedtoolsforefficientlyoptimizinginventorycapabilities
to accurately sense and respond to supply chain fluctuations
whileminimizingstocklevelstocontrolcosts.
TheSmartOpsEnterpriseInventoryOptimizationsolution,an
SAP-endorsed business solution, helps organizations manage
their inventory (see Figure 2). Working seamlessly with SAP
BusinessSuiteapplications,thissolutioncanhelpmanufacturers
FiGure 1 p With Sap price and Margin Management by Vendavo, companies
gain visibility into many aspects of their pricing and profit margins
Case Study: Chemical Company reduces Procurement SpendingTolearnhowaleadingproviderofadhesivesandpolyesterplasticsforpackagingreduceditsprocurementspendingby3%to5%,visithttps://ecohub.sdn.sap.com/irj/scn/go/portal/prtroot/docs/hub/uuid/60b56bd1-9073-2b10-a3a7-e9d4051296bd.
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and distributors dynamically and reliably determine optimal,
demand-driveninventorytargetsforeveryitemateveryloca-
tionthroughoutthesupplychain.Youcansensechangesmore
accurately,makedecisionsfaster,andoperatewithsignificantly
lower working capital and higher customer service levels.
SmartOpsEnterpriseInventoryOptimizationdeliversasustain-
able return on investment by keeping inventory levels from
increasingovertimewhileprovidingnear-perfectproductavail-
abilityandconsistenton-timedeliveries(seesidebar).Tolearn
moreaboutSmartOpsEnterpriseInventoryOptimization,visit
https://ecohub.sdn.sap.com/irj/ecohub/solutions/eio.
Enabling Better Channel VisibilityAs competition for the end customer becomes more difficult,
consumerproductscompanies,wholesalemanufacturers,and
theirtradingpartnersarelookingtocustomerpromotionsand
sales channel incentives as a strategic way to maintain and
evengainmarketshare.Additionally,withcreditatapremium,
vendorchargebackprocesseshelptheforward-thinkingCFOin
thewholesaledistributionindustrymakestrategicinvestments
toimprovethevendorcostrecoveryprocess,therebypositively
impactingcashflowandworkingcapitalneeds.
Industry trends reveal that manufacturers are increasingly
offering special pricing to customers, but that the special
pricing is often lower than what distributors paid for the
product.Thisiswhydistributorsneedtorecoupthedifference
from manufacturers in the form of chargeback claims. An
averagecompanytakes30daystorecoupthemoneyitisdue.2
In comparison, the more competitive companies can do so
inthreedays,dramaticallyimprovingtheircashposition.
Itisquitecommontoseedistributorsmanagechargebacksin
spreadsheets or other siloed desktop applications, making it a
2 National Association of Electrical Distributors (NAED) study.
FiGure 2 p the Smartops enterprise inventory optimization solution’s advanced demand, production, and supply analytics leverage Sap
eRp, Sap Supply chain Management, Sap NetWeaver Business Warehouse, and Sap Businessobjects reporting and dashboard capabilities
Key Benefits of using SmartOps enterprise inventory Optimization1. Stabilize and improve product availability
5%to10%increaseinorderfillratesandon-timedelivery
20%to30%reductioninaverageorderleadtime
50%to75%reductioninorderleadtimevariability
2. Reduce working capital
20%to40%reductionintotalchaininventorycosts
Optimalandcoordinatedmulti-echelonSKU-location
inventorypolicies
3. Improve planner and analyst productivity
Automated,reliableprocessallowsplannerstofocuson
highest-valueproductsandcustomers
Visibilityintoinventorycostdrivers
4. Achieve quick and substantial ROI
Investmentpaybackofteninlessthansixmonths
LowTCOwithjointdevelopment,delivery,andsupportwith
SAPsolutionintegration
Source: SAP Business Transformation Studies
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slow,error-prone,andexpensiveprocess.Notonlyisthisamajor
headache for distributors, it also results in profit leakage. To
effectivelymanagechargebacksandreducethenumberofdays
chargebacks are outstanding, distributors need to track the
order-to-cashcycleforeachsalesorder—andalltheitemswithin
it—toenablemoreaccurateclaimsandaccruals,provideproof-
of-salesdocumentation,andenableanoverallsmootherclaims
settlementprocess(seesidebartotheright).Lackingautomated
businessprocesscapabilitiesresultsinlostopportunities,lower
profitability,andsignificantfinancialunderperformance.
SAP Paybacks and Chargebacks by VistexWithSAPPaybacksandChargebacksbyVistex,distributorscan
collectandtrackalloftheirchargebackclaims(seeFigure 3),
enabling faster and more accurate claims management while
reducingcosts.SAPPaybacksandChargebacksletsyoumanage
theentirechargebackprocesslifecycle—fromclaiminitiation
and receipt through adjudication, accrual, settlement, and
post-settlement adjustment. SAP Paybacks and Chargebacks
canhelpyou:
Createavarietyofcontractagreementswithmultiple
manufacturersandendusers
Processclaimsthroughelectronicdatainterchange(EDI),
flatfiles,aWebportal,ormanualentryusingfast-entrytools
Validatecontractagreements
Settlepaybackandchargebackdocumentsbasedonflexible
settlementparameters
Settleaccruedrebateexpenses,withautomaticreversal
ofaccruals,toSAPaccountsreceivableoraccounts
payablesoftware
Easilyreconcileandresolvedisputes
Usemultiplecurrenciesandunitsofmeasure
Reportrebateclaimandplan/performancetrackingto
managementthroughstandardreports,aWebportal,
oradhocreportingtools
Establishafullaudittrailfortheentirechargebacklifecycle
tosupportcorporateaccountingandcomplianceefforts
Useanalyticalandsimulationfunctionalitytoevaluateand
promotedesirableprogramsandmodelnewprograms
Distributorsacrossall themajor sub-verticalsofwholesale
distribution, such as the healthcare, industrial, and food and
FiGure 3 p Sap paybacks and chargebacks by Vistex allows users to
manage their chargeback claims through one interface
4 Tips for Better Chargeback ManagementYourchargebacksolutionshould:
1. Integrate with your SAP ERP-based order-to-cash and finance processes out of the box. Thishelpsprovidemorevisibility andcontrol,closebooksfaster,meetinternalcontrolsandregulatorycompliancerequirements,andeliminatethecostofintegrationandmaintenanceofcustominterfaces.
2. Provide actionable business intelligence capabilities.Forexam-ple,beingabletoexaminedatafrommanyperspectives—likeprod-uct,customer,program,andchannel—allowsyoutogainstrategicbusinessinsightandhelpsyoumakebetter-informeddecisions.
3. Enable “management by exceptions.”Managementbyexcep-tions — for example, requiring employee intervention only whenanexceptioniskickedoutbythesystembasedondefinedenter-prisebusinessrules—increasesemployees’productivityandhelpsthemfocusmoreonvalue-addingwork.
4. Provide easy B2B integration capabilities with trading partners. Thisenablesfasterandmorestreamlinedprocessesforallpartiesinyourbusinessnetworkandultimatelyleadstohighervalueforyourcustomers.
Case Study: electric Company Streamlines ChargebacksTolearnhowaleadingelectriccompanyusedSAPPaybacksandChargebacksbyVistextostreamlineitschargebackprocess,visithttps://ecohub.sdn.sap.com/irj/scn/go/portal/prtroot/docs/ hub/uuid/20f2d2f3-e376-2b10-b082-cdf1f6b55456.
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beverage industries, are successfully using the SAP Paybacks
and Chargebacks application. For more details on using SAP
PaybacksandChargebacksbyVistex,visithttps://ecohub.sdn.
sap.com/irj/ecohub/solutions/paybacksandchargebacks.
SAP Incentive Administration by VistexSince incentive programs go hand in hand with promotions
management,distributorsusingSAPPaybacksandChargebacks
oftenalso leverageSAP IncentiveAdministrationbyVistex to
providethesamelevelofvisibilityandcontroltomanagetheir
incentive programs. SAP Incentive Administration integrates
seamlesslywithSAPsoftwaretoproviderobustadministration,
analysis, and reporting capabilities. Thispowerful application
enables you to efficiently manage commissions and other
incentive programs. You can set targets and quotas — and
monitoractualresultsagainstbudget.
In the life sciences industry, for example, an integrated
solution is essential to address contract management and
downstreamcontractingprocesses,suchaschargebackclaims
administration and rebates management. SAP ERP, together
with SAP Incentive Administration and SAP Paybacks and
Chargebacks,offers the levelofend-to-endcontractmanage-
ment cycle — including contract negotiation, chargeback
management, rebate calculation, and financial settlement —
thathighlycompetitivecompaniesrequire.Pleasevisithttps://
ecohub.sdn.sap.com/irj/ecohub/solutions/incentiveadmin
formoredetailsonSAPIncentiveAdministration.
#3: Engage, Retain, and Gain Customers Through Better Customer EngagementIndifficulteconomictimes,it’scriticaltoattractnewcustomers
whilealsokeepingexisting,profitableonesonboard.Buttough
timesalsoresultinextrastrainsontheresourcesavailableto
helpmeetcustomerneeds.
Companiescanbetterserveprospectiveandcurrentcustom-
ersbyensuringthatcustomer-centricinformationinITsystems
is available at the right time, in the right place, in the right
format.WithofferingssuchasSAPInteractiveFormssoftware
by Adobe and SAP Document Access by Open Text, you can
maximizeyourinvestmentsandprotectyourcustomerbaseby
ensuringthatinformationisatthefingertipsofthepeoplewho
need it precisely when they need it. Services industries that
traditionallyrelyheavilyonpaperformsanddocuments,such
as financial services and the public sector, may particularly
benefitfromthesesolutions.
SAP Interactive Forms Software by AdobeOrganizations looking toenablegreaterbusinessproductivity
canensurethatallusers—includingSAP,non-SAP,remote,and
online users — have access to the data and applications they
needwithasolutionlikeSAPInteractiveForms(seeFigure 4).3
Thissoftwarecanbeusedtostreamlineaforms-basedprocess,
suchascustomeraccountset-upormaintenance,withoutrequir-
inganactiveSAPapplicationlogin.Becauseyourcustomersor
customerservicerepresentativesdon’tneedtologintoyourSAP
system,theycaneasilyusetheintuitivePDFformscreatedwith
thissoftwaretoincludeup-to-dateinformationintheirreports.
Thisenablesyourorganizationtothencapturethatinformation
withintheforminrealtimeandautomaticallyupdatethatdatain
back-endsystems—acceleratingnewcustomeronboardingand
makingaccountmaintenancemoreefficientthroughbetterself-
servicecapabilities.
Tohelpautomateoverallbusinessprocesses,aninteractive
formcanbeprepopulatedwithdata, thereby reducingerrors
andprovidingbettercontroloverdataquality.SAPInteractive
Formsalsohelpscompaniesadheretocompliancemandatesby
ensuring document validity through digital signatures and
documents-based process transparency. And, since the elec-
tronicPDFformsareacost-effectivestoragemedium,compa-
nies can comply with their records retention requirements
withoutbreakingthebank.
SAP Document Access by Open TextManycompanieslookingtoimprovecustomerrelationsarealso
takingadvantageof theSAPDocumentAccessapplicationby
Open Text. This solution gives employees access to all the
� For more details on SAP Interactive Forms, please see The User Experience column on page 58 in this April-June 2009 issue of SAP Insider (www.SAPinsideronline.com).
FiGure 4 p Sap interactive Forms software by adobe offers an intuitive,
paper-like format that can be used online and offline
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relevantenterpriseinformationtheyneed—withoutleavingthe
SAPenvironment(seeFigure 5).ByusingSAPDocumentAccess
tocapture,manage,andretrieveallcustomerdocumentsinone
location,employeescanworkfromthesamedatawithacom-
pleteviewofallcustomerinteractionsinhierarchalvirtualfold-
ers.Theresult?Better,moreconsistentcustomerservice.
AndfromanITperspective,companiescanuseSAPDocument
Access to optimize system performance by relieving the live
systemofagedSAPdataandstoring it inaneconomical,on-
demand storage medium. Additionally, SAP Document Access
groups informationacrossaprocess.Sonomatterwherethe
processstarted,theentirecustomerhistoryisreflected.
Consider a customer claims process for the insurance
industry.Everydocumentortransaction, fromthecustomer’s
firstfilingoflosstothefinalsettlement,canbeaggregatedina
single folder, regardlessofwhere the informationwasgener-
ated.Thisalsoprovidestransparencyacrosstheentireprocess
and supports records retention requirements. Everything a
customer needs to know pertaining to that case is at their
fingertips,orthecustomerservicerepresentative’sfingertips,
ondemand.
#4: Create Efficiencies Across the Business Network Through Process AutomationEfficiencyisakeyingredientofacompany’ssuccess.Businesses
needefficientbusinessprocesses,anefficientworkforce,andan
efficientdecision-makingprocesstoriseabovethecompetition.
Inthistighteconomy,however,efficiencyhasbecomeaneven
greaterdifferentiatorbetweensuccessandfailure.That’swhy
companiesneedtools thatwillenablethisefficiencybyauto-
matingprocesses,givingdecisionmakersup-to-dateandaccu-
rateinformation,andprovidingmanagementwithvisibilityinto
what projects the company is working on and exactly who is
responsibleforwhat.
SAP Visual Plant Information by NRXToincreasetheefficiencyoftheirplants,companiesmustgain
visibilityintotheirplantprocessesandmaintaincontrolofthe
physicalandhumanassets thatkeep it running.Toovercome
thesechallenges,companiescantakeadvantageofatoollike
SAPVisualPlantInformationbyNRX.Thissolutionisdesigned
toextendthefunctionalityofSAPServiceandAssetManage-
ment—partoftheSAPSupplyChainManagement(SAPSCM)
solutionsuite.
SAPVisualPlantInformationgivescompaniesvisibility into
their plant processes — like the status of plant maintenance
requests,forexample(seeFigure 6).
SAP Visual Plant Information also enables companies to
bettermanagephysicalassetsthroughoutthecompleteasset
life cycle. Companies will also be able to manage their plant
workforce, tracking the progress of their tasks and allowing
managerstofindnewopportunitiestoincreasetheirefficiency.
SAP Workforce Scheduling and Optimization by ClickSoftwareWorkforce scheduling isn’t easy. How can you be sure that
therightpeople—aswellas therightparts,equipment,and
FiGure 5 p Sap Document access by open text gives users a 360-degree view of customer information without leaving the Sap
environment; here, hierarchal folders provide a self-guided view across all the data and documents pertaining to the customer
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vehicles—areavailablefortherightjob,attherighttime,and
attherightcost?Efficientfieldserviceoperationisnotonlya
primarydriverofcustomersatisfactionandloyalty;itcanalso
generatehighlyattractiveprofitmargins.
TheSAPWorkforceSchedulingandOptimizationapplication
byClickSoftwarecanhelp take theguesswork—andsomeof
thecosts—outoffieldservicedelivery.SAPWorkforceSchedul-
ingandOptimizationenablesacohesivesetofbusinessactivi-
ties — such as demand forecasting, workforce shift planning,
optimizedscheduling,andbusinessanalytics—tohelpservice
organizationsrunatoptimalefficiency.Thesefunctionsensure
thattheserviceorganizationmeetsitsobjectivesandcommit-
mentssmoothlyandefficiently.
SAP Workforce Scheduling and Optimization addresses the
fundamentalsofjobortaskfulfillment—whoisdoingwhat,for
whom,withwhat,where,andwhen(seeFigure 7).Thisapplica-
tion also provides organizations with complete visibility and
controlovertheirworkforce,enablingcompaniesto:
Reduceeffortandincreaseefficiencyacrossalllevelsof
analyzing,planning,andschedulingserviceworkforceactivities
Drivetremendousimprovementsincustomerservice
Raiseworkforceproductivity
Enableflexible,dynamic,andinnovativeservicepolicies
Provideandautomatereal-timeproactiveandreactive
decision-makingcapabilities
WithSAPWorkforceSchedulingandOptimization,organiza-
tionscanalsostayincontroloftheirmobileworkforceandcom-
plete more calls per day. This leads to a more efficient field
serviceoperationandmoresatisfiedcustomers.
SAP Talent Visualization by NakisaFacingsomuchmarketplacechange,companiesmayfindthem-
selvesdealingwithexecutiveadditionsordepartures,market
fluctuations,orcompanyreorganizations.ForbothHRprofes-
sionalsandemployees,keepingtrackofthesechangescanbea
dauntingtask—butmaintainingacompany’sefficiencyinthe
face of such organizational change is key to maintaining its
competitiveness.
With SAP ERP Human Capital Management (SAP ERP HCM),
companiesgainaccess to richandplentifuldata thatcanhelp
themmakethemostoutoftheiremployeeresources.Andwith
toolsliketheSAPTalentVisualizationapplicationbyNakisa,users
caneasilyandintuitivelyviewthisdataandputittogooduse.
For example, SAP Talent Visualization uses real-time, in-
depthvisualizationtohelpHCMprofessionalscreateandexe-
cute succession plans to effectively align talent goals with
businessstrategy(seeFigure 8onthenextpage).Inaddition,
employees can access details on themselves, their team, and
the reporting hierarchy through visual organizational charts,
enabling them to easily see how their role fits within the
company’sbusinessplans.
TheorganizationalmodelingfeatureallowsHRprofessionals
to leverage the data in SAP ERP HCM and plan for the
most efficient and cost-effective organizational structure. By
FiGure 6 p Sap Visual plant information by NRX keeps companies
updated on the status of their plant maintenance requests
FiGure 7 p Sap Workforce Scheduling and optimization by
clickSoftware delivers exact and immediate availability access
and accounts for all needs, resources, service policies, and
travel considerations
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modelingmultiplefuturerestructuringscenariosinsupportof
what-ifanalysis,itiseasiertounderstandtheramificationsof
enterprise-wide changes, such as reorganizations or mergers
andacquisitions.
SAP Invoice Management by Open TextManual invoice processing is not only a time-consuming
process, it can also pose serious risks for your business (see
Figure 9). Incomplete or inaccurate information belabors
communicationsandcanstrainvendorrelationshipsandjeop-
ardize timely payments. And though many companies use
decentralized invoice processing, the limits it places on your
company’s liability visibility can put your organization at fur-
therrisk.Youcanreducetheserisksandincreasetheefficiency
of your invoice management processes with the SAP Invoice
ManagementapplicationbyOpenText.
SAP Invoice Management is integrated with SAP ERP and
SAP NetWeaver, allowing you to streamline accounts payable
operationsacrossandbeyondenterprisewalls.Thisapplication
providescompanieswithasingle,company-wideviewoftheir
accountspayableprocess— frompurchase throughpayment.
This enables companies to optimize timely operations and
improvevendorrelations.
With this visibility, companies can increase productivity
withoutlosingcontroloftheirfinancialprocesses.Theaccounts
payable process will also become more efficient since SAP
InvoiceManagementcan:
Automaticallyclassify,route,andsortinvoices;systematically
detect invoice exceptions and duplications; and help ensure
thattheinvoicereachestherightpersonattherighttime
Improvecashmanagementandshortenclosingcyclesby
streamliningthepaymentprocess
Automateinternalandexternalreportingtosupportcorpo-
ratefinancialrequirements,traderegulations,andcontinu-
ousimprovementprograms
Ensurecompliancebysupplyingthose involved inaccounts
payable with integrated, consolidated information and
enhancedreportingfeatures
ConclusionSAP customers are always — but especially in challenging
times—lookingtogetmorevalueoutoftheirexistingsystems.
Iencourageyoutolearnmoreabouthowyoucanextendyour
existing IT investments,both inSAPandnon-SAPsystems, to
optimize how you run your business. You’ll find a wealth of
information about the solutions highlighted in this article
at www.sap.com/solutions/solutionextensions and http://
ecohub.sap.com.n
FiGure 8 p Sap talent Visualization by Nakisa allows employees to
transform talent and organizational data into strategic information
through an easy-to-use visual interface
FiGure 9 p With Sap invoice Management by open text, you can
monitor the invoice process from start to finish so that nothing falls
through the cracks; the solution enables you to monitor bottlenecks,
cycle times, first-pass yield, and liability accuracy