{"id":7692,"date":"2021-02-12T12:57:00","date_gmt":"2021-02-12T11:57:00","guid":{"rendered":"https:\/\/dataworld.com\/?p=7692"},"modified":"2021-10-25T12:54:21","modified_gmt":"2021-10-25T10:54:21","slug":"taking-vim-beyond-finance-all-about-the-latest-vim-versions-vim-7-6-vim-20-4","status":"publish","type":"post","link":"https:\/\/dataworld.com\/en\/2021\/02\/12\/taking-vim-beyond-finance-all-about-the-latest-vim-versions-vim-7-6-vim-20-4\/","title":{"rendered":"Taking VIM beyond Finance – All about the latest VIM versions VIM 7.6 & VIM 20.4"},"content":{"rendered":"\n

Taking VIM beyond Finance – All about the latest VIM versions VIM 7.6 & VIM 20.4<\/h1>\n\n\n\n
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As of March 2020, VIM customers are now eligible to use SAP Digital Content Processing by OpenText solutions that support sales orders, quotations, order confirmations, delivery notes, HR documents and other use cases. In addition, all metrics now refer to the “number of documents” instead of the “number of invoices” as before.<\/p>\n\n\n\n

In October 2020, OpenText released a solution update that provides the powerful functionality required to take advantage of the licence change made in March 2020. SAP Invoice Management by OpenText (VIM) 7.6\/20.4 includes the power of your Digital Content Processing (DPC) solution. The merger of the applications enables your organization to deploy fully automated digital processes that go beyond VIM` s traditional financial focus to cover a broader range of critical business documents. The updates enable VIM` s roadmap to be aligned with the overall strategy and timeline for SAP Fiori and SAP S\/4HANA for on-prem and cloud environments.<\/p>\n\n\n\n

For SAP ECC, the current version is now 7.6 and for SAP S\/4HANA it can be upgraded to 20.4. As of today, both versions are supported until 2025, with two more relases planned every year.<\/p>\n\n\n\n

If you are still using SAP ECC 6.0, you should be aware that this version will still be fully supported until 2027, but in the upcoming releases many new smart technology features will be based on an SAP S\/4HANA platform.<\/p>\n\n\n\n

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Your advantages with VIM 7.6 & VIM 20.4<\/strong><\/h2>\n\n\n\n
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Advanced Robotic Process Automation<\/h4>\n\n\n\n
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By extending the automation capability with SAP iRPA (intelligent RPA) and additional integration points in VIM for calls to an RPA solution, you save time and simple manual tasks are eliminated<\/p>\n<\/div>\n\n\n\n

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Translation of user comments<\/h4>\n\n\n\n
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Enables workflow comments to be added and read with the translations provided in the solution, whether via the SAP GUI or Fiori interfaces<\/p>\n<\/div>\n\n\n\n

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Workflow improvement<\/h4>\n\n\n\n
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Alternative method of invoice validation in the business unit` s own work center brings the flexibility to process documents in the order that suits your business needs by time, type and purpose<\/p>\n<\/div>\n<\/div>\n\n\n\n

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Page-based extraction control<\/h4>\n\n\n\n
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Limiting document extraction to specific pages brings higher efficiency and lower total capture time per document<\/p>\n<\/div>\n\n\n\n

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Smart coding trained by ML<\/h4>\n\n\n\n
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The system learns from previously posted invoices to recognize similar invoices and suggest coding<\/p>\n<\/div>\n\n\n\n

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Patch Code Sheets<\/h4>\n\n\n\n
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Now IC can read and interpret patch code sheets and stop OCR for documents that should not be captured<\/p>\n<\/div>\n<\/div>\n\n\n\n

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Additional OCR analytics<\/h4>\n\n\n\n
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Useful for monitoring the system and identifying potential problem areas<\/p>\n<\/div>\n\n\n\n

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New PDF extraction mode<\/h4>\n\n\n\n
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Reduce the capture time and data volume of the complete document in the system by enabling OCR to skip the e-text pages<\/p>\n<\/div>\n\n\n\n

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Determination of the business entity<\/h4>\n\n\n\n
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Improving and automating supplier and customer identification enables accurate business unit identification for US and European sources<\/p>\n<\/div>\n<\/div>\n\n\n\n

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Extended Fiori support<\/h4>\n\n\n\n
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