KMD Efficient Invoice Management
Document Actions
Business benefits
Business benefits
Research shows that the cost of manual handling of invoices is up to 60 $ per invoice. With such costs the potential for savings with the implementation of electronic invoice processing is large.
The full costs of manual handling include the handling time consumed, waiting time and penalties on overdue invoices.
Experience shows that at least 25-50% of the costs can be saved via full automation of the accounts payable processes.
With KMD Efficient Invoice Management you have the opportunity to take advantage of such savings.
Implementation of KMD Efficient Invoice Management is fast and easy due to the use of SAP standard. Efficient Invoice Management is based on best practice business processes that optimise your business, including automatic use of SAP HR for approval workflows and a minimum number of handlings of each invoice. This ensures a fast and high Return on Investment.
The use of an E-learning package makes worldwide implementation fast and easy.