Vendor Invoice Management (VIM) by OpenText is a strong tool for your invoice processing needs. Receiving invoices, paying them on time, and following legal and tax requirements are fundamental to an organization’s success. If not processed promptly or if invoices are incorrectly entered, it can have significant implications. For example, it may impact cash flow, dissatisfying customers and suppliers and it can cause process delays.
Therefore, a powerful out-of-the-box solution is a key to improving and maintaining excellent vendor relations. In addition, VIM helps simplify your infrastructure, streamline your finance processes across departments, and ensure everything is paid on time.