Invoice Processing by OpenText (1LE)

Invoice Processing by OpenText (1LE)

Invoice Processing by OpenText enables SAP S/4HANA Cloud to extend the procure-to-pay process by incorporating both an automated invoice document recognition solution and a supplier invoice creation solution.

The solutions are seamlessly incorporated into the existing invoice verification functionality. The invoice – based on the electronic document – is either automatically posted or – if a draft invoice is created – the data is extracted from the attachment. The accounts payable accountant selects the draft invoice from the supplier invoice list to complete the invoice posting.

For a complete list of countries/regions and languages that are supported with Invoice Processing by OpenText, see the set-up instructions.

Key Process Steps Covered

  • Receive one or more invoices from suppliers
  • Select attachments stored locally (for example, e-mail attachments or scanned paper invoices) and upload files to SAP S/4HANA Cloud
  • Capture invoice detail data in the background with the OCR server
  • Create and post supplier invoices automatically for each file
  • Display supplier invoices and process subsequent steps (such as releasing or canceling invoices)
  • Start invoice approval process

Benefits

  • Simplify invoice processing right from the start with a consumer grade upload user interface
  • Increase process efficiency by automating image data recognition and invoice creation in the digital core
  • Prioritize invoices requiring expert attention
  • Create instant access to the invoice image in SAP S/4HANA Cloud for Accounts Payable clerks and auditors
  • Prevent missing links between document and transaction

Additional Information

  • This scope item requires an additional SAP S/4HANA Cloud license
  • This scope item is excluded from the default activation

Invoice Processing by OpenText will not be sold to new customers anymore. Existing contracts will be fulfilled but can't be extended anymore.

The following countries and regions are not supported for Scope Item 1LE even though they are listed in the Version section choices: Brazil, China, Hong Kong, India, Indonesia, Japan, Malaysia, Mexico, Philippines, Russia, Saudi Arabia, South Korea, Taiwan, Thailand, and United Arab Emirates.


Where is Invoice Processing by OpenText(1LE) being used?

This Scope item is used in the following way:

  • As a management function of Invoice Management within Sourcing and Procurement Scope Item Group

Process flow of Invoice Processing by OpenText (1LE)

Find below the process flow of the scope item Invoice Processing by OpenText as it is defined for release s4hc-2111.


Download Process Flow of Best Practice scenario Invoice Processing by OpenText (1LE) - S/4HANA Cloud
Ref: Sourcing and Procurement of SAP S4HC-2111
Best Practices related to S/4HANA*1) Yearly Updates are released per September of each year
*2) The Quarterly updates are released per Februari, May, August and November
Details of future releases can be found in the SAP Roadmap section of each product. Go to SAP Roadmap Product Finder.
Knowledge Center Scheer Nederland | The Process Experts Visit also the SAP Cloud ERP knowledge center of Scheer Netherlands. The following topics are covered:
Place comment