SAP Vendor Invoice Management(VIM) Approval Workflow Course
What you'll learn
- Understand the SAP Vendor Invoice Management(VIM) approval process and concepts
- Knowledge and confidence to implement SAP VIM independently in a real-time project.
- Understand key technical concepts - Level based approval workflow, Blocked approval workflow, COA - Chart of authority
Requirements
- SAP Account payable and Invoice verification process. SAP Workflow basic understanding.
- Get Access to an SAP IDES System with VIM add-on ( Neither Udemy nor I are authorized to provide you with the same )
- SAP VIM Process flow knowledge
Description
**Code: MAY2022**
** Disclaimer ** -
I do NOT do Live Training. SAP is a registered trademark of SAP AG in Germany and many other countries. I am NOT associated with SAP or Opentext.
SAP software and SAP GUI are proprietary SAP software. Neither Udemy nor me are authorized to provide SAP Access. You can officially get SAP Access to practice on SAP system from SAP's website. I am not allowed by Udemy to place a link here. Please google "SAP Access" and you can find the URL for the same.
** End of Disclaimer **
** Pre-requisite Course**
SAP Vendor Invoice Management(VIM) by OpenText in Udemy.
OpenText Vendor Invoice Management is an add-on solution to SAP S/4HANA on Premise to provide automation of invoice processing, routing of invoice exceptions, managing of processing rules, and monitoring of process flows.
By implementing Vendor Invoice Management (VIM), companies achieve the following:
• Acceleration of AP operations across the enterprise
• Optimal integration of an invoice automation solution into SAP S/4HANA on Premise
• Higher productivity in Accounts Payable and increased flexibility in cash management by reducing the time until invoices are free for payment
• Improved supplier relations through fast and accurate invoice processing
• Accurate, on-time financial reporting with integrated access to AP information
• Regulatory compliance through a well-managed process using pre-configured rules, roles, and actions considering country-specific regulations
Approval workflow:
Level-based approval flow for PO and NPO invoices.
DP level approval
Parked invoice approval
Posted invoice approval
Blocked approval workflow for PO invoices.
Students will learn everything in VIM approval workflow in this course, starting from the process flow to become an implementation consultant.
Who this course is for:
- Account payable super users , End users
- SAP Workflow consultants
- SAP FICO consultants
- SAP MM consultants
Instructor
- 4.5 Instructor Rating
- 1,640 Reviews
- 5,212 Students
- 2 Courses
Raja R is an experienced technology consultant. He had worked with multiple international clients on SAP MM & VIM. He has completed more than 10 SAP VIM E2E implementations across multiple business domains. He is OpenText VIM and SAP MM procurement, SAP Ariba procurement certified consultant. He is currently working on OpenText VIM implementations on S4 HANA systems. He had started implementing VIM on version 7.0 SP2 and is working on the latest version VIM 20.4 on S4 HANA.