SAP Vendor Invoice Management(VIM) Approval Workflow Course

Description

**Code: MAY2022**
** Disclaimer ** -

1. I do NOT do Live Training. SAP is a registered trademark of SAP AG in Germany and many other countries. I am NOT associated with SAP or Opentext.

2. SAP software and SAP GUI are proprietary SAP software. Neither Udemy nor me are authorized to provide SAP Access. You can officially get SAP Access to practice on SAP system from SAP's website. I am not allowed by Udemy to place a link here. Please google "SAP Access" and you can find the URL for the same.

** End of Disclaimer **

** Pre-requisite Course**

SAP Vendor Invoice Management(VIM) by OpenText in Udemy.

OpenText Vendor Invoice Management is an add-on solution to SAP S/4HANA on Premise to provide automation of invoice processing, routing of invoice exceptions, managing of processing rules, and monitoring of process flows.

By implementing Vendor Invoice Management (VIM), companies achieve the following:

• Acceleration of AP operations across the enterprise

• Optimal integration of an invoice automation solution into SAP S/4HANA on Premise

• Higher productivity in Accounts Payable and increased flexibility in cash management by reducing the time until invoices are free for payment

• Improved supplier relations through fast and accurate invoice processing

• Accurate, on-time financial reporting with integrated access to AP information

• Regulatory compliance through a well-managed process using pre-configured rules, roles, and actions considering country-specific regulations

Approval workflow:

1. Level-based approval flow for PO and NPO invoices.

   • DP level approval

   • Parked invoice approval

   • Posted invoice approval

2. Blocked approval workflow for PO invoices.

Students will learn everything in VIM approval workflow in this course, starting from the process flow to become an implementation consultant.

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