Case Study: Subsea 7 streamlines accounts payable with ExceleratedS2P

Subsea 7 Engineer Improved Accounts Payable Processes with OpenText

Subsea 7, a global seabed-to-surface engineering and services contractor for the offshore energy industry, faced growing accounts payable complexity after its merger with Acergy. With supplier invoice volumes rising across multiple systems, the company lacked real-time visibility into approval status and was seeing delays, backlogs, and more supplier enquiries. ExceleratedS2P helped Subsea 7 evaluate and implement OpenText Vendor Invoice Management for SAP Solutions and OpenText Invoice Capture Center for SAP Solutions.

With ExceleratedS2P’s support, Subsea 7 streamlined purchase-to-pay processing inside SAP across multiple regions and invoice types, from simple invoices to highly complex ones. The solution improved AP efficiency, eliminated backlog, enabled faster payments, and reduced the need to switch between systems or train users on separate tools. Around 80% of invoices were received by email, approvals became easier to track, and better reporting and audit trails helped strengthen supplier relationships while supporting the global rollout.

Subsea 7

David Price

SAP Program Manager