Automate and Transform Invoice Processing and Enable Intelligent Operations

Value Calculator - SAP® Invoice Management

This model is designed to explore the estimated business benefits for the implementation of SAP® Invoice Management by OpenText, based on a few metrics typical for processing invoices.

The model is interactive and any figure may be changed at any point with the resulting impact on the benefits shown immediately. Where is the numeric input as requested, you can enter an integer value into the box or use the slider provided.

You may use the Print option within your browser at any time to print the information that is displayed.

You can use the Save / Load buttons to save the values that you have entered into local storage on your personal computer. Once saved the data to maybe re-loaded into the model. Please note that your data is only saved locally and can't be transferred to another computer.

The model includes some preset data values and likely improvement ranges that you can be changed by using the assumptions button to open the panel containing that information.

Invoice Processing

Item Value
   
Number of Invoices Processed per Year ( in thousands )
   
Paper-based Invoices (Percent of Total)
   
PO-based Invoices (Percent of Total)
   
Number of FTEs Entering Invoices
   
Number of FTEs Processing Invoices

Exception Resolution

Item Value
   
Percentage of PO-based Invoices with Exceptions
   
Number of Problem PO-based Invoices per Month (calculated value)
   
Percentage of Problem PO-based Invoices Needing Purchasing Review
   
Percentage of Problem PO-based Invoices Needing Receiving Review
   
Average Purchasing Resolution Time (Minutes per Invoice)
   
Average Receiving Resolution Time (Minutes per Invoice)

Discounts & Payment

Item Value
   
Average Non-PO Approval Time (Minutes per Invoice)
   
Total Procurement Spend ( in millions)
   
Pre-negotiated Available Discounts (Percent of Spend)
   
Average Early Payment Discount (%)
   
Missed Discounts (Percent of Available)

Compliance

Item Value
   
A/P Fraud as a Percent of Spend
   
Annual Cost of A/P Fraud () (calculated value)
   
Number of A/P Audit Requests Processed per Month
   
Average Time per Request (minutes)
   
Duplicate Invoices (Percent of Total)
   
Annual Duplicate Payment Recovery Cost ()

Results

Your Total Savings

Total Savings
$ 1,550,000
Learn more ...
Conservative Likely
   
Data Entry
   
A/P Processing
Sub-Total
Conservative Likely
   
Purchasing Exceptions
   
Receiving Exceptions
Sub-Total
Conservative Likely
   
Non-PO Approvals
   
Missed Discounts
   
Additional Discounts
Sub-Total
Conservative Likely
   
Duplicate Processing
   
Duplicate Payments
   
A/P Fraud
   
Audit Requests
Sub-Total
Conservative Likely
   
Data Entry
   
A/P Processing
   
Purchasing Exceptions
   
Receiving Exceptions
   
Non-PO Approvals
   
Missed Discounts
   
Additional Discounts
   
Duplicate Processing
   
Duplicate Payments
   
A/P Fraud
   
Audit Requests
Total Savings