Upgrading to S/4HANA? Seize the opportunity to upgrade your AP solution to Basware’s market leading cloud solution.

For organizations who are on the threshold of migrating from SAP ECC to S/4HANA, you should be aligning this change to optimize the way your organization captures, processes and reports on your invoices.

Whilst the current default go-to for SAP ERP customers is Vendor Invoice Management (VIM) by OpenText, for companies making the shift to the cloud, we would recommend you to take a step back and review all your options in light of the full range of solutions available on the market and how these fit with your strategic objectives.

SAP have no less than 5 solutions that can at some level be described as supporting AP automation, but how do they compare to best-of-breed solutions, such as Basware?

At a Glance Summary – SAP Invoice Management Solutions

Introducing Basware’s Pre-Configured Regional Solution

Speed-to-value with any new platform is a critical consideration. With this in mind, we have taken the core market-leading Basware AP solution and pre-configured it against regional best practices. This enables the solution to be delivered in weeks, not months, and at a highly competitive price.

With pre-built SAP ERP integration and the option to add capability or alignment to an organization’s own practice, it also maintains flexibility if required.

Invoice Capture

The Basware e-Invoicing Network ingests all invoice formats (EDI, XML, PDF, even paper) and delivers the data electronically without compromising data quality or forcing suppliers to change their operations.

Smart AI capability also enables supplier-specific templates for readable invoice PDF’s, combined with automated compliance across all B2G and B2B mandates that include different formats, processes, and archiving standards.

Invoice Processing

AP Automation goes beyond just using pre-defined coding templates. In-built Spend Plans functionality easily identifies recurring invoices and supports the automation of these invoices – whether based on schedules, budgets, or amounts.

Machine Learning (ML) Smart Coding also generates very accurate invoice coding proposals for your non-PO invoices. This increases processing speed, gives more control to AP teams and improves data quality.

KPI Reporting & Analytics

Pre-built best practice dashboards will not only show KPIs relevant to your touchless invoice process but also provide actionable recommendations on how to improve the process in a continuous journey.

They provide insights into the main touchless invoice processing KPIs, offering underlying details to guide you on the journey. Process insights help fine-tune your processes while insights from service usage help to fine-tune and optimize the service configurations.