European steel company selects MaxECM to upgrade OpenText™ Vendor Invoice Management for SAP®

MIAMI - Feb. 25, 2019 - PRLog -- MaxECM Solutions LLC, a boutique software and service provider for SAP ECM and Opentext solutions, has been selected to support the upgrade of OpenText™ Vendor Invoice Management for SAP® Solutions (VIM) ), the leading accounts payable automation solution for SAP, to SAP S/4HAHA at a European steel corporation.

With over 25,000 employees and over 150 subsidiaries worldwide, the company is a leader in the manufacture of steel and technology products and has a history of over 150 years in the industry. The company processes over 1 million accounts payable transactions per year in three shared service center locations in Central Europe and has been using OpenText™ Vendor Invoice Management for SAP® Solutions (VIM) for over 7 years.

The project includes an upgrade of OpenText™ VIM version 7 to version 16.3 in existing SAP systems that are upgraded to S/4HANA and in new S/4HANA instances. Imaging functionality is provided by OpenText™ Archive Center for SAP. Inbound channels are using optical character recognition (OCR) with OpenText™ Business Center 16.3.1 (BCC). In addition, the project involves a redesign of corporate accounts payable processing standards.

BCC will be used to process invoice documents that are received in paper format as well via email as PDF attachments. The implementation includes other VIM core functionalities, such as a complex set of VIM business rules, data enrichment with custom logic modules, filtering of background processing options, DP dashboard validation and processing, non-PO invoice approval, dialog and background posting, and multi-level processing of payment blocks set manually by processors and by standard SAP LIV, with invoices, credit memos, and down-payments in scope.

For more information, please contact MaxECM at info@maxecm.com.


About MaxECM
MaxECM Solutions LLC ("MaxECM") is a leading boutique software and service provider for SAP and OpenText enterprise content management (ECM) serving customers globally to provide effective, tailored solutions in the areas of SAP document management as well as process automation and workflow.
To find out more, please go to www.maxecm.com.