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innogy

innogy SE Transforms Accounts Payable Processes with OpenText

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Energy firm automates and streamlines supplier invoice processing with OpenText Vendor Invoice Management for SAP Solutions

OpenText Vendor Invoice Management for SAP Solutions enables us to handle hundreds of thousands of inbound transactions, regardless of the channel chosen by our suppliers.

Marcus Johannes, Process Manager Accounts Payable, innogy SE

Challenge

  • Support, maintenance and handling upgrades in multiple SAP systems was difficult, time-consuming and costly
  • There was no single, consistent process across the business

Product(s)

Value

  • Automated invoice approval routing
  • Reduced the incidence of fraud
  • Successfully integrated existing OCR
  • Eliminated the need for physical signatures for invoice approval

About innogy

innogy SE is an European energy company part of the E.ON Group. The company has a variety of products and services in the Grid & Infrastructure and Retail business. In 2019, innogy generated revenue of more than €35 billion and employed more than 34,500 staff. innogy’s activities are focused on its 19 million customers. The key markets are Germany, United Kingdom, The Netherlands and Belgium, as well as several countries in Central Eastern and South Eastern Europe. Furthermore, innogy is also actively involved with renewable energies. E.ON and RWE AG have agreed to transfer the business unit to RWE in 2020.