As seen in previous posts, SAP Vendor Invoice Management by OpenText has a very powerful report package: VIM Analytics, Current Debt Report, or the Life Cycle of an invoice. These monitoring tools allow companies to see in a few clicks the situation of their accounting department and thus improve their processes and achieve continuous optimization of the accounting of supplier invoices based on their needs.
Today, we are going to focus on the KPIs.
It allows the user to access at a glance a set of panels where the different VIM KPIs are presented with access to easy-to-use detail views. It facilitates immediate and accurate access to financial information, assuming a competitive advantage for the company.
The following aspects stand out in the panels shown in the analysis report:
- Total debt.
- Processed documents and those that are being processed.
- Invoice entrey channels analysis.
- Automatic posting.
- Main exceptions by count.
- Main suppliers by amount.
VIM is a very powerful tool, and thanks to these reports, users can extract insights from this data to improve their processes.