By Anne Widjaja
Global energy company INPEX will will deploy the OpenText Vendor Invoice Management (VIM) product for use with their existing SAP solutions.
INPEX is involved in a number of global and local projects that involve the research, exploration, development, production and sales of oil and gas. The company’s current work on the Ichthys LNG project in the Browse Basin off the coast of Western Australia is one of the largest and most challenging projects in its history.
Complex INPEX projects such as the Ichthys LNG project have created a need for ensuring operational efficiencies within the company, said Chris Foley, CIO, INPEX.
“With this in mind we wanted a solution that would allow us to optimise invoice management processes, while maximising the return on our existing investment with SAP. After an extensive search of the market it became apparent that OpenText Vendor Invoice Management was the ideal solution,” Foley said.
The OpenText application will work in conjunction with INPEX’s existing SAP software to speed up the creation, management and routing of invoices and orders. INPEX will also use VIM to provide suppliers and staff with secure, browser-based access for invoice submissions and timely access to information such as invoice status and purchase order numbers.
The application uses OpenText’s Invoice Capture Centre for SAP Solutions (ICC), to instantly capture and extract data from paper invoices. The ICC virtually eliminates the need for manual intervention and substantially speeds up the invoice data capture process by utilising optical character recognition.
Graham Pullen, vice president Asia Pacific and Japan, OpenText, said, “It is pleasing to see yet another customer realising the benefits of the SAP/OpenText global partnership. The value of being able to work in close collaboration with of all key INPEX stakeholders, SAP and OpenText is a key differentiator in the success of these types of projects.”
Pullen concluded that the collaboration was “not just about technology”, but also about “business owners truly understanding their immediate needs and their future requirements”.