SAP Vendor Invoice Management (VIM) by OpenText
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About The Course
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
Students will learn everything in this course, starting from the process flow to become an implementation consultant.
Disclaimer: SAP is a registered trademark of SAP AG in Germany and many other countries. We are not associated with SAP. SAP software and SAP GUI are proprietary SAP software. GTR Academy is not authorized to provide SAP Access.
Pave Your Road to SAP VIM Excellence, Lead in SAP VIM.
Program
Highlights
Career in SAP VIM
In-Depth Learning
Skill Enhancement
Professional Growth
Accredited Certification
Future-Ready Skills
Other Benefits
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Step into the world of high-paying SAP careers!
Students Trained
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Facilitated Placements
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Hours of Training
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Years Operations
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We're Widely Accredited
Know your Mentor
- Certified SAP VIM
- Real-World Case Studies and Projects
- Compliance & Streamlining
- 8+ Years Of Experience
- Trained 3500+ Students
- Simplifies Complex Concepts
SAP VIM Course Curriculum
Module 1: Introduction to SAP Vendor Invoice Management (VIM)
- Overview of SAP VIM
- What is SAP Vendor Invoice Management (VIM)?
- The role of SAP VIM in accounts payable (AP) automation
- Benefits of using SAP VIM: time-saving, reduced errors, improved compliance, and enhanced visibility
- Integration with other SAP modules (FI, MM, etc.)
- Key components: Document Management System (DMS), SAP Workflow,
- Optical Character Recognition (OCR), and SAP S/4HANA integration
Introduction to Accounts Payable (AP) Process
- Overview of the accounts payable cycle (from invoice receipt to payment)
- Key challenges in traditional AP processes (manual entry, errors, delays, compliance
Module 2: SAP VIM Architecture and Components
Core Components of SAP VIM
- Document Capture and Optical Character Recognition (OCR)
- Workflow Management
- Invoice Verification
- Integration with SAP S/4HANA and SAP ECC
SAP VIM Architecture
- High-level architecture of SAP VIM
- Key modules and integration points (SAP FI, MM, SAP DMS, and SAP Business Workflow)
- Understanding SAP VIM installation and configuration basics
VIM Integration with SAP S/4HANA
- Key differences between SAP VIM on SAP ECC and SAP S/4HANA
- Benefits of using VIM with S/4HANA
- Integrating SAP Fiori for improved user experience
Module 3: Configuring SAP VIM for Invoice Processing
Setting Up the Vendor Invoice Management System
- Configuring document types and workflows for invoices
- Setting up VIM-specific parameters (invoice capture methods, document types, etc.)
- Integrating SAP VIM with SAP FI and SAP MM for invoice processing
Invoice Processing Flow
- Understanding the end-to-end invoice process in SAP VIM (from receipt to payment)
- Invoice data capture and classification using OCR technology
- Automatic matching of invoices to purchase orders (PO) and goods receipts (GR)
Invoice Verification Process in SAP VIM
- Key steps in invoice verification (3-way match: invoice, PO, and GR)
- Setting tolerance limits and handling discrepancies
- Working with parked invoices and invoice postings in SAP
Module 4: SAP VIM Workflow and Document Management
Workflow Configuration in SAP VIM
- Setting up and configuring workflows for invoice processing
- Defining roles, tasks, and approval hierarchies
- Routing invoices for approval based on business rules
- Monitoring and troubleshooting workflow issues
Document Management and SAP DMS Integration
- Managing vendor invoices using SAP Document Management System (DMS)
- Storing and retrieving invoices in the system
- Integrating with external document management systems
- Configuring document links and metadata management
Module 5: Handling Invoice Exceptions and Special Cases
Exception Handling in SAP VIM
- Common invoice exceptions (price discrepancies, missing data, etc.)
- Managing exceptions through SAP VIM workflow
- Resolving blocked invoices and resubmitting for approval
Handling Special Invoice Types
- Processing credit memos, debit memos, and manual invoices
- Handling non-PO invoices in SAP VIM
- Approving invoices without purchase orders and GRs
- Managing cross-company invoices and intercompany transactions
Module 6: SAP VIM Reporting and Analytics
Standard Reporting in SAP VIM
- Invoice processing statistics and dashboards
- Monitoring key performance indicators (KPIs) like processing time, approval time, etc.
- Reporting on invoice exceptions and blocked invoices
Advanced Reporting with SAP Analytics Cloud (SAC)
- Integrating SAP VIM data with SAP Analytics Cloud for advanced reporting
- Creating custom reports and dashboards for management
- Analyzing invoice processing performance and trends
Module 7: SAP VIM in Cloud and Hybrid Environments
SAP VIM Cloud Solution
- Overview of SAP VIM in the cloud
- Benefits and challenges of using SAP VIM in cloud-based environments
- SAP VIM with SAP Ariba for cloud-based procurement and invoice management
- Integrating SAP VIM Cloud with SAP S/4HANA and other cloud solutions
Hybrid Scenarios
- Working with hybrid environments (on-premise and cloud integration)
- Migrating from on-premise SAP VIM to cloud-based SAP VIM
- Use cases for hybrid environments in vendor invoice management
Module 8: Automation and Optimization with SAP VIM
Automating Invoice Processing
- Configuring and utilizing Optical Character Recognition (OCR) for automatic data extraction
- Setting up auto-matching, automatic workflow routing, and approval processes
- Best practices for automating manual tasks to reduce errors and processing time
Optimizing Invoice Management
- Streamlining approval workflows
- Reducing exceptions and improving first-time match rates
- Continuous improvement strategies for invoice processing
- Implementing SAP Fiori for an enhanced user interface and user experience
Module 9: SAP VIM Best Practices and Troubleshooting
Best Practices in SAP VIM Implementation
- Defining project scope and clear goals for VIM implementation
- Engaging stakeholders and setting expectations
- Ensuring proper training for end-users and administrators
- Continuous monitoring and optimization of processes
Troubleshooting SAP VIM
- Identifying common issues in SAP VIM (workflow errors, document capture problems)
- Troubleshooting invoice processing, exception handling, and SAP VIM workflows
- Using SAP logs, tracing, and debugging techniques to identify and resolve issues
Module 10: Advanced SAP VIM Features
SAP VIM and Machine Learning
- Introduction to SAP VIM’s use of machine learning and AI
- How machine learning can improve invoice processing accuracy
- Implementing predictive analytics in invoice management\
Integration with SAP RPA (Robotic Process Automation)
- Using SAP RPA to automate repetitive tasks in invoice processing
- Integration of SAP VIM with SAP Intelligent Robotic Process Automation (RPA) tools
Module 11: Final Project / Case Study
Practical Project
- Implementing SAP VIM in a fictional company with specific requirements
- Configuring workflows, invoice capture, and approval processes
- Troubleshooting and optimizing the system for efficiency
Module 12: Conclusion and Next Steps
Certification and Further Learning
- Preparing for SAP VIM certification exams
- Resources for continuous learning (SAP Help Portal, SAP Learning Hub, SAP Community)
Who is This Course For ?
- Anyone looking for a hands-on, project-based introduction to SAP VIM Desktop
- Account payable professionals
- Students who want a comprehensive, engaging, and highly interactive approach to training
- Anyone looking to pursue a career in data analysis, analytics or business intelligence
- Anyone looking to pursue a career in Finance manager and controllers
- Anyone who wants to learn SAP implementation on SAP VIM.
- SAP Functional Users who want to learn the processes related to SAP VIM module.
- Other ERP Consultants who want to learn SAP VIM and become functional consultants.
- IT Consultants, Software Engineers, Project Manager and Business Analysts who are willing to upgrade to the SAP eco-system.
- SAP Supply Chain Consultants, Software Engineers, Project Manager and Business Analysts.
- Students from arts, commerce and UPSC background can enroll in the SAP Course with ease in Corporate IT Job.
- Aspiring data professionals looking to master the industry's leading transportation management tool.
- Students desiring a comprehensive, engaging, and highly interactive approach to SAP WM.
Training Delivery
Discovery call
A call to evaluate training requirements and adjust course and delivery accordingly.
Tech call with the Certified Instructor
A call with the Certified Instructor to address specific queries and requirements.
Design of Customized Curriculum
Tailored curriculum to meet specific learning objectives and organizational needs.
Training and Access to LMS
Commencement of training sessions along with access to the Learning Management System.
Live training
Live training sessions conducted in real time to facilitate interactive learning experiences.
Hands on Role Based training with Labs
Interactive training featuring hands on exercises and specialized labs tailored to specific skillset
Course Materials Access using LMS
Access course materials conveniently through the Learning Management System.
Student Progress Metrics
Monitor student progress through comprehensive metrics and analytics.
Final Quiz in Gamification style
Concluding the training with a gamified final quiz to engage learners and reinforce key concepts.
Certificate of Completion (Verifiable)
Participants provided with a verifiable Certificate of Completion upon successfully finishing the training.
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SAP VIM
Classroom / Live Online
₹44,999 + GST
- SAP VIM classes with unlimited mocks, a comprehensive question bank, and personalized doubt solving.
SAP VIM
Recorded 6 Months Access
₹24999 + GST
- SAP VIM classes with unlimited mocks, a comprehensive question bank, and personalized doubt solving.
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| Starting Live Classes Batch | Date | Batch Timing | Weekend Batches |
|---|---|---|---|
| SAP MM SAP SD SAP ABAP SAP FICO |
3rd May | 8:00 PM - 9:00 PM 9:00 PM - 10:00 PM |
2:00 PM - 5:00 PM |
| Data Science & AI | 3rd May | 7:00 PM - 8:15 PM | 10:00 AM - 12:00 PM (from 20th April) |
| Power BI | 21st April | 9:00 PM - 10:00 PM |
