How SAP Standard Processes Are Streamlined With FIS/edc
January 15, 201900BlogTags: SAP invoice managementThe existing SAP standard invoice processing methods involve a large amount of human interaction. FIS/edc is a plug-in that works within the current SAP environment, and streamlines the invoice management experience so that businesses can operate more efficiently.
FIS/edc is one of a number of SAP integrated technologies developed by FIS and offers additional functions to simplify SAP processes. Installing FIS/edc comes with a range of benefits::
New Release: FIS / fci OCR Invoice Data Extraction Tool
FIS Information System develop new releases of their products for SAP Business Process Improvements in July and January. The FIS / fci (2019) has new been refreshed to remove any known bug-fixes and also new additional features as requested by our customer base.
In the 2019 Release the software now includes:
- Time handling adjustments for invoices sent outside of the recipient’s time zone
- Rejection of erroneous pdfs – i.e. blank, password protected, invalid, blank/empty, corrupt etc
- New handling options for coloured PDF invoices
- New FTP security functions
- New Life Cycle Management Reports for Invoices
- Additional OCR Recognition Engine
The new release of FIS / fci will be available in January 2019.
iRetPlat: Success Story Siemens Energy
In the case study, Siemens Energy (Power and Gas) based in Berlin move away from the manual paper processing of returnable equipment transactions to the iRetPlat platform from FIS iLog. The cloud based solution saves Siemens employees significant time and effort and provides a collaborative, transparent and single view of stock levels and balances for both suppliers and logistics partners.
