Qinetiq
QinetiQ Aims for Smarter Vendor Invoice Processing with OpenText
OpenText Vendor Invoice Management for SAP® Solutions Speeds Up Processing, Facilitates Supplier Negotiations and Improves Reporting
We selected the OpenText solution due to its superior integration with SAP, supportability and proven security. We had to know that future software updates would not cause technical nor security issues for us
Challenge
- Project to bring purchase to pay processing back in house from off shore outsourcer, fully integrated to SAP
- Highly sensitive defence, security and aerospace environment
- Complex services based invoices in addition to product type invoices
- Drive to improve supplier relationships, including early settlement discounts
Product(s)
Value
- OpenText solution proven in SAP environments
- Improved transparency, accuracy and reporting capabilities
- Straight-through processing of product and services invoices, reducing processing times, enabling early settlement discounts
- Cost effective solution compared to competition, including deployment and operational costs, lower cost per invoice
About Qinetiq
QinetiQ Limited, experts in defence, aerospace and security, employs more than 9,000 people worldwide. QinetiQ scientists and engineers solve some of the world’s most important problems, offering high-end technical knowledge underpinned by world-class research and innovation. With a turnover in excess of £1.3billion, with the UK, US and Australia being home markets, QinetiQ is a trusted supplier to more than 40 countries, providing a world-class defence and security service.