Case Study: Evergreen Packaging achieves faster invoice processing and higher discount savings with SAP Invoice Management by OpenText

Saving Time and Money in AP with SAP Invoice Management by OpenText

Evergreen Packaging, a provider of fiber-based packaging focused on environmental sustainability, sought to improve its accounts payable efficiency, reduce manual data entry errors, and gain better visibility into its liabilities. To address these challenges, the company turned to vendor SAP and implemented its Invoice Management application by OpenText, which included an optical character recognition (OCR) option.

The solution from SAP automated the invoice management process by using OCR to extract and validate data from invoice images. This integration with their existing SAP ERP system automated sorting to prioritize discount invoices and streamlined the entire workflow. The results included a 20-30% increase in automation, an 80% increase in discounts captured, and a reduction in workload equivalent to 1.5 full-time employees, leading to lower operational costs and more timely payments.

Evergreen Packaging

Sanjay Srivastava

Director of SAP Solution Management