Driving cars of the future

How does a global leader in automotive technology maintain its laser focus on Sustainable Mobility and personalized transportation? With an operation that spans more than…

OpenText profile picture

OpenText

July 6, 20212 minutes read

How does a global leader in automotive technology maintain its laser focus on Sustainable Mobility and personalized transportation?

With an operation that spans more than 300 sites in 35 countries, Faurecia faced a challenge just to maintain consistency in procuring materials for manufacturing and design. In answer, the enterprise implemented OpenText information management systems including OpenText™ Vendor Invoice Management for SAP® Solutions. Digital transformation with central automation sharpens cash visibility and control across the enterprise, proving useful for matching production with corporate strategy.

“We are able to have worldwide visibility into invoices that are arriving, even if the goods are still in transit and even if nobody has completed reception at the plant,” said Salomé Silva, Accounts Payable team leader and SAP business analyst in the IT department of Faurecia. “Another advantage that we see in VIM is the possibility to make our process aligned with the decisions and new processes that are happening at the plants.”

All Faurecia locations use VIM to centrally manage close to two million invoices every year–serving as an ‘open door’ for a variety of channels, Silva noted. VIM control and automation then offers consistent collaboration and timely insights to Faurecia and its suppliers.

Standardized digital management also carried the Faurecia financial team through the COVID-19 pandemic. “We could not imagine how to work in accounts payable if we had not had VIM implemented,” Salomé Silva noted. “For us, having VIM was absolutely key to continue processing from home with minimal disturbances.” And, in turn, to support the company focus on providing leading-edge technologies to drivers worldwide.

For more about how Faurecia uses OpenText solutions to align its international procurement process with a mission for innovation, read the customer story.

Share this post

Share this post to x. Share to linkedin. Mail to
OpenText avatar image

OpenText

OpenText, The Information Company, enables organizations to gain insight through market-leading information management solutions, powered by OpenText Cloud Editions.

See all posts

More from the author

Manutan combines digital services with the human touch to delight customers

Manutan combines digital services with the human touch to delight customers

At Manutan, we equip businesses and communities with the products and services they require to succeed. Headquartered in France, our company has three divisions, serving…

January 31, 2024 4 minutes read
Reaching new markets in Europe and beyond

Reaching new markets in Europe and beyond

How information management specialists at One Fox slashed time to market for innovative products with OpenText Cloud Platform Services At One Fox, we’ve driven some…

January 18, 2024 4 minutes read
SoluSoft helps government agencies tackle fraud faster

SoluSoft helps government agencies tackle fraud faster

Fraud, in all its forms, is a pervasive problem, spanning industries and preying on vulnerabilities in federal and state government systems. Each year in the…

November 21, 2023 3 minutes read

Stay in the loop!

Get our most popular content delivered monthly to your inbox.