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Insights & Analytics

Designed for OpenText Vendor Invoice Management for SAP Solutions

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Insights & Analytics gives you an overview of your invoice process

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Business benefits

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Features

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Who benefits

Insights & Analytics for VIM

Visual stimulation provides us with better understanding. That is why we have combined the power of visualizing data into 11 intuitive dashboards providing you with the full overview of your invoice process. You can track and monitor your VIM process KPIs and derive better data-driven insights.

Corporations require tools that allows you to focus on insights and data analysis. Because why should you spend hours going through data, when there is a more straightforward solution out there.

Insights & Analytics dashboards for OpenText VIM tracks and monitors the KPIs of your VIM and Accounts Payable (AP) process, so you are ensured superior data-driven insights. Our data visualization tool enables data extraction that can is intuitive, seamless and transparent.

data before insights and analytics data after insights and analytics

Before & after Insights & Analytics

VIM Analytics gives you good data – and a lot of it! In fact it provides so much data that it can be difficult to navigate and then identify insights. With our solution you no longer have to struggle with long KPI’s, but rather you can focus on the insights with our interactive dashboards.

Business benefits

Complete your VIM solution with Insights & Analytics

With Insights & Analytics you get a full overview of your invoice process. The OpenText solution, Vendor Invoice Management, is great for diving into the single invoice.

It is detailed orientated. But you don’t get the helicopter view that can provide you with information such as; who is your biggest vendor? Are you paying your vendors late, and if so, which vendors? What percentage of your invoice flow is automated and touchless?

You will realize that your invoice process is probably far less automated than you think. Because even though you have E-invoicing, interference still has to be done. The problem is you don’t know when or where it happens, so how can you fix the problem?

Data visualization combined with slice & dice capabilities

  • Actionable & reliable information for data-driven insights
  • Out-of-the-box VIM KPI dashboards – instant analysis and no data exploration
  • It is a Cloud application, meaning your dashboards can be up and running in no time
  • It has been developed over the last 6 years. That is 6 years of constant improvements via feedback from our customers & OpenText partners
  • Contemporary and future-proof product which is OpenText Technology certified
  • Affordable – the annual fee is the equivalent to the cost of developing 2-4 ABAP reports

Manage your workload

Check out how you could be managing your weekly AP with Insights & Analytics logically arranging all your data pulled from VIM Analytics.

AP workload before insights and analytics AP workload after insights and analytics

Manage your Accounts Payable workload

Check out how your weekly AP workload could look like when you have Insights & Analytics logically arranging your data from VIM Analytics.

Would you like to learn more about our Insights & Analytics Dashboards for VIM?

Get more information here

Features

Boost your Accounts Payable team by providing them with the right tool

Your Accounts Payable Team should be able to measure the performance of your Vendor Invoice Management for SAP Solutions. And they will be able to with Insights & Analytics.

The add-on for VIM Analytics provide an intuitive reporting solution so you can understand and optimize your VIM performance. It is also Cloud-based and offered as-a-service.

You will always be up-to-date, since it identifies, collects and refreshes the your data. The data is visually presented on the Insights & Analytics’ interactive dashboards.

It measures a comprehensive set of Invoice Management KPI’s. This includes measuring the performance of OCR (Optical Character Recognition for the ICC, BCC and IES products).

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Get 11 dashboards to provide you with insights of your invoice process

  1. Vendor Invoice Overview
  2. Invoice Payment Analysis
  3. Date Analysis
  4. Waste Analysis
  5. Exception Analysis
  6. Vendor Analysis
  7. OCR Performance
  8. AP Dashboard
  9. Automation
  10. NPO Productivity
  11. PO Productivity

Who can benefit from Insights & Analytics?

CFO/Finance Manager

Benefits to the CFO include increased profits through:

  • Capability to maximize and monitor the potential of early payment discounts
  • Avoiding late payment fees
  • Reduction of expensive waste entering the process

Shared Services Center

  • Better control on their SLAs with the business
  • Productivity measurement
  • Increased customer satisfaction
  • Business growth
  • No time required for data collection

P2P Process Owner

Procure-to-Pay and Accounts Payable Process owners are given:

  • Best-in-market monitoring for their process
  • Better capabilities to share insights with other stakeholders
  • Increased speed in decision making

Procurement/Buyer

Buyers and Purchasing department benefit from:

  • Better control on their SLAs with the business
  • Productivity measurement
  • Increased customer satisfaction
  • No time required for data collection

BPO

BPO’s are offered:

  • Better control on their SLAs with the business
  • Productivity measurement
  • Increased customer satisfaction
  • No time required for data collection

“Reach out to us now and get one step closer to simplifying your daily workload!”

Carl Ellmer

Sales Director

Carl Ellmer
Carl Ellmer

“Reach out to us now and get one step closer to simplifying your daily workload!”

Carl Ellmer

Sales Director