The Owners Perspective (TOP®) is a web accessed software tool that provides both you and your vendors with the capability to collaboratively manage the entry and the payment functions for the services provided.
TOP® enables your vendors to remotely enter the services provided against an open Purchase Order and submit electronically for the required approvals. Once approved, an SAP Service Entry Sheet is automatically generated and the costs are incurred. Your vendors then submit an electronic Payment Request, which on approval will trigger the vendor payment process.
TOP® makes redundant the duplication of data entry, invoice mismatches and removes the paper requirement from the entire process.
TOP® contains powerful, real-time reporting to assist in the effective management of a company's contracted services costs.
TOP® will provide significant savings to both you and your vendors.
Features & Benefits
- Real-time work status for both you, the owner, and your external service providers
- VES (Vendor Entry Sheets) built using SAP Purchase Order/Contract details creates automatic SAP Service Entry Sheets
- VPR (Vendor Payment Request) functionality provides 3-way match and auto-generates invoices
- Reports range from financial activity across multiple purchase orders to detailed work records
- Reduces the administrative burden and labor intensive external service provider management process placed on your business
- Provides transparency and accountability to support internal and external audits
- Integrates seamlessly into the procurement, accounts payable, and workflow functions within SAP
- ROI within 60 days of implementation
How It Works