CASE STUDY ACCOUNTS PAYABLE INDUSTRY • Real Estate ERP • SAP R3 & SAP Business One ENGEL & VÖLKERS CENTRALIZING INVOICE PROCESSING WITH A MULTI-SAP CONNECTION BACKGROUND Engel & Völkers, one of the best-known service companies specializing in the brokerage of premium real estate, processes around 1,200 invoices per month from several countries in a central shared services center (SSC) in Hamburg. The invoices are posted in two ERP systems: SAP ® R3 is used at larger sites, while smaller sites use SAP Business One. Engel & Völkers’ accounts payable (AP) team was spending significant amounts of time manually entering and approving paper and email invoices. The company was looking to automate its AP process with the goal of reducing time-consuming, manual tasks, increasing tra

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