Preparing Payment Processes for the Cloud with xSuite

⇨ Organizations must weigh their needs and options before deciding the best fit for their cloud deployment.

⇨ When organizations automate key processes, this saves their teams time, allowing them to work on other projects and add value to the organization in other ways.

⇨ SAP users should ensure that whatever solutions they use are able to seamlessly integrate with their SAP landscapes.

More and more SAP organizations are moving their operations into the cloud to gain increased flexibility and scalability. SAPinsider’s recent Enterprise Cloud Benchmark Report found that nearly two-thirds (65%) of companies using SAP said that redesigning IT platforms to lower costs and boost flexibility was the top strategy when it came to enterprise cloud deployments. To maximize the value of these moves, it is important to ensure that essential functions like accounts payable are streamlined before making the move.

Finding a trusted partner to help prepare for their cloud journey, ensuring system updates are smooth and do not interrupt regular operations, is a critical part of meeting cloud goals. xSuite has more than 30 years of experience in delivering accounts payable solutions with a proven track record of supporting different SAP deployment models, whether that is public, private, or hybrid.

Proof Positive – Century Aluminum Customer Success Story

To demonstrate its capabilities, xSuite recently shared how it helped Century Aluminum digitize and automate their accounts payable department ahead of a cloud deployment. Century Aluminum is a global metals and mining company producing over 1 million tons of aluminum annually.

Before working with xSuite, Century Aluminum’s AP process struggled with:

• High processing costs
• Regular issues with updates
• A lack of flexibility
• Limited support
• Inability to process XML invoices

Century Aluminum turned to xSuite to address these issues. The company utilized xSuite’s capabilities to infuse automated data capture, data entry, and three-way matching of invoices, confirmations, and receipts into SAP. This saved time and effort for finance and accounting teams.

A large share of Century’s invoices came in the XML format, so this capability was essential for their updated AP process needs. xSuite’s platform can capture and automatically process incoming invoices in XML format. xSuite also emphasizes building a trust-based relationship with its clients, offering support and assistance as needed without charging additional fees if a customer needs help.

What this means for SAPinsiders

Emphasize Compatibility – SAPinsider’s recent research on AI and Automation in Finance found that companies were relatively evenly split between deploying SAP S/4HANA on-premise and in the private cloud, with others are planning to use Public Cloud, RISE with SAP, or some kind of hybrid model. Organizations must weigh their needs and options before deciding the best fit for their cloud deployment. xSuite has full compatibility with each of these models, ensuring all users can choose the deployment approach that fits their needs without sacrificing AP functionality.

Automation Boosts Efficiency – When organizations automate key processes, this saves their teams time, allowing them to work on other projects and add value to the organization in other ways. Automating Accounts Payable workflows removes tedious data entry and matching functions from the to-do list of finance and accounting teams, boosting employee satisfaction and reducing the potential for errors.

SAP Integration – SAP users should ensure that whatever solutions they use are able to seamlessly integrate with their SAP landscapes. SAP partners like xSuite are specifically designed to operate efficiently in an SAP environment.