Introduction
Trainer Name : R Sreenatha
Duration : 2 hrs
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Introduction Agenda :
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SAP
SAP
SAP
SAP
The solution set of SAP Financial Supply Chain Management as part of mySAP ERP consists of different
FSCM components, which can be used to optimize the financial supply chain either independently of one
another or in combination with one another.
Introduction
SAP Collections Management allows you to evaluate, identify, split cost components,
and prioritize accounts from a risk management and customer relations point of view.
Furthermore, it supports proactive processing of receivables and enables process
optimization and automation for large numbers of open items.
Manages customer-specific receivables by:
oIdentifying, prioritizing, and evaluating accounts
oProcessing receivables proactively
oOptimizing processes and automating large volumes of open items
Payment reminders
Agreements for promises to pay
Follow-up
Opportunity/problems
The difficult economic climate leads to poor payment behavior:
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Increasing DSO
No reaction to automatic correspondence such as dunning notices
Financial situation affects customer relationships
Business requirements
Increase the proportion of collected receivables:
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Retain valuable customers and change the behavior of difficult customers with relevant
actions
Prepare complete picture of customer history
Increase customer satisfaction
Functions
SAP Collections Management allows you to select and prioritize customer accounts to
process.
SAP Collections Management provides new functions for displaying and processing
receivables for each customer.
SAP Collections Management offers a new way of processing receivables: agreements for
promises to pay
o Creation of promises to pay
o Automatic update of promises to pay
o Automatic evaluation of broken promises to pay
SAP Collections Management is integrated with SAP Dispute Management.
o Create dispute cases for open items
o Display the status of disputed invoices
SAP Collections Management is integrated in real time with SAP Accounts Receivable
Accounting.
Introduction
SAP Dispute Management allows you to resolve disagreements between the vendor
and the customer quickly and efficiently, taking into account the customer's existing
financial obligations. It allows you to analyze the problem and the reasons for the
outstanding amount, and provides a starting point for an organization to establish a
quality management concept, reduce DSO, and increase customer satisfaction.
Increases customer profitability and decreases DSO by:
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Damaged goods
Incorrect price
Late delivery
Functions
SAP Dispute Management controls and streamlines processing of dispute cases.
SAP Dispute Management organizes and stores all information and documentation
relating to a dispute case centrally.
As the central component for handling dispute cases, SAP Dispute Management
facilitates a solution for resolving dispute cases across departments.
SAP Dispute Management is integrated into financial and logistical processes.
SAP Dispute Management provides reporting for:
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Introduction
SAP Credit Management provides tools to evaluate the creditworthiness of customers
using internal rating policies and external credit data, and enables quick and consistent
credit decisions.
Organizations can use SAP Credit Management to reduce delays in payments, nonpayments, and process costs, as well as to improve relations with their top customers.
SAP Credit Management provides functions for integrating external credit information,
scoring, categorizing new and existing customers on the basis of their credit data, and
converting this information into quick credit decisions.
SAP Credit Management allows organizations to monitor and control their customer's
credit risk in one central system.
SAP Credit Management is particularly suitable for handling credit management
processes in extremely distributed system landscapes.
Features
Credit limit management
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Credit case
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Credit information
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Given overview of SAP Financial Chain Management and understand its approach
Describe how a company can concretely use these components within its order-topayment-process and apply these components in first step.
Configuration of SAP Collections, Dispute and Credit Management