How it works
Challenge
Standardize and streamline invoice receipt, validation, exception management, accounting and approval processes.
Companies, with national and international presence, that handle a large volume of invoices or with high complexity, require the automation of their accounts payable processes.
Solution
Efficient Flows of Invoice Processing
We design and implement efficient process flows, seeking a balance between automation and control. In this way we drastically reduce the cost per processed invoice with an unprecedented degree of traceability and monitoring. We improve invoice traceability, with fast and secure management and access to data, and facilitating the tracking of all your invoices and their status.
In this way, duplicate payments are detected and avoided, we reduce processing and accounting times, accelerate closing processes, significantly reduce manual management errors and help create cost forecasts.
Brait provides…
Case Study
Invoice automation, one solution worldwide
Start point
An international pharmaceutical company based in Barcelona required a solution for the receipt and automation of invoices received through the SAP Vendor Invoice Management by Opentext tool, together with the definition and creation of a model template to be applied for the rest of the subsidiaries around the world and an archive server with Opentext Certified Digitalization for Spain and other countries.
Implemented solution
The solution implemented required the following technology:
- SAP Vendor invoice management by Opentext
- Opentext Business Center for SAP Solutions
- Opentext Archive Center + Spanish Certified Digitalization
- Certified digitalization for the rest of the countries, elimination of paper.
- Business Center Capture for SAP Solutions (OCR)
In numbers
Achievements
- Elimination of paper in all incoming invoices.
- Centralized reception of invoices in different shared service centers.
- Cost reduction by freeing up resources.
- Use of a homogeneous global model throughout the company based on the distribution of tasks to the right roles at the right time.
- Timely payments to suppliers and improved relations with them.
- Complete control of the status of received invoices.
- Approval of invoices from anywhere through the Fiori app.
