AP Automation

Question 1

List the 3 main benefits of an AP Automation solution:

Answer 1

Process vendor invoices quickly, accurately, and efficiently
Enhance Worker Productivity
Simplifies the process of receiving, managing, routing and monitoring invoices

Question 2

How does OpenText VIM improve cashflow?

Answer 2

By streamlining workflows, initiating reminders, and shortening the payment cycle

Question 3

Why should a SAP customer choose OpenText VIM as their AP Automation Solution?

Answer 3

SolEx Partner and is tightly integrated with SAP, and aligned to the SAP product roadmap

Question 4

Which competitor to OpenText VIM do we typically encounter, and what are the claims they make about the OpenText solution?

Answer 4

Dolphin: Claim their PTS-AP Workflow Tool is equal to OpenText VIM. False statement - not a SolEx solution and does not provide scalable ECM capabilities

Question 5

How does OpenText VIM increase ROI?

Answer 5

By reducing invoice cycle times and eliminating late fees