Case Study: SCHOTT achieves faster, scalable invoice processing with OpenText Vendor Invoice Management

Material technology company facilitates growth with 99 percent faster invoice processing from OpenText™ Vendor Invoice Management for SAP® Solutions

SCHOTT needed a more automated, integrated way to process vendor invoices at speed and scale while meeting country-specific tax and regulatory requirements. OpenText Vendor Invoice Management for SAP Solutions, along with SCHOTT’s prior use of OpenText Archiving and Document Access for SAP Solutions, was selected to support the company’s purchase-to-pay and accounts payable operations.

Working with OpenText, SCHOTT deployed and expanded Vendor Invoice Management and OpenText Capture for SAP Solutions across its global SAP landscape, with help from OpenText Professional Services during its move to SAP S/4HANA. The result was a 99% faster invoice processing cycle, 3x more invoices processed, and an STP rate of more than 5% for supplier invoices, with AP automation now covering over 40 SAP company codes.

SCHOTT

Claudia Grosch

Process Manager Financial Applications