SAP Credit Management

SEPTEMBER 20, 2023

Below are the S/4HANA Asset Management and Operation solution/sub-module that Upstream – Midstream business: Asset Management and Operations Spare Parts and Materials Management Shutdown, Turnaround, and Outages Industrial Insights Manufacturing Planning and Operations Manufacturing Execution (Industry 4.0)

Invoice to Cash 179

Invoice to Cash 179

SAP Credit Management

SEPTEMBER 4, 2023

The electronic document solution for Ecuador has been developed by Sothis. The solution is based on the SAP Document and Reporting Compliance and Cloud Platform Integration for direct communication with the SRI (Servicio de rentas internas). This reversal will not generate an eDocument.

Transactions 164

Transactions 164

Your Virtual Credit Manager

DECEMBER 19, 2023

If they are the result of a payment deduction (partial payment), an issue requiring an administrative solution, not handling the matter inflates your AR. If, however, there are unpaid invoices that have been allowed to go beyond the 90 day mark, you have a serious collection problem. it just might help them pay you sooner!

DSO 130

DSO Third Party Collections Credit and Collections Deductions 130

Your Virtual Credit Manager

APRIL 9, 2024

At just 60 days past due, an invoice has already lost 15 percent of its value. Offering early payment discounts and leveraging technology will streamline invoicing and collection processes, ultimately strengthening financial resilience against fluctuating economic conditions. are well documented to cause payment delays.

Credit and Collections 130

Credit and Collections Accounts Receivable (AR) Credit Card Payments Collections Automation 130

SAP Credit Management

AUGUST 3, 2023

The integration of SAP Subscription Billing with S/4HANA Cloud, public edition (in the following referred to as S/4HANA Cloud) enables you to support subscription-based business models linked to a powerful Finance solution. Subscription Billing has been designed as a set of microservices that can be integrated also with non-SAP solutions.

Revenue Recognition 157

Revenue Recognition Invoice Amount Transactions 157

SAP Credit Management

AUGUST 24, 2023

SAP Document and Reporting Compliance has been awarded the Silver Stevie® Award for the category Compliance Solution in 2023. This award follows a previous success in 2022, when the solution won the Silver Stevie® Award in the category Governance, Risk & Compliance Solution.

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178

Your Virtual Credit Manager

MAY 30, 2023

Paper based commerce, where invoices and payments are delivered via Postal Service mail, is slow and costly. Some even require it, especially for invoicing. Moreover, most European nations now require electronic invoicing by law. Customers increasingly prefer electronic transactions. it just might help them pay you sooner!

Electronic Funds Transfer 130

Electronic Funds Transfer Credit and Collections Vendor Portals Credit Management 130

SAP Credit Management

AUGUST 10, 2023

In this blog, we discuss the primary motivations and prominent features of the new intercompany billing solution Why new Resource-Related Intercompany Billing in S/4HANA Cloud, Public Edition? The earlier solution for intercompany billing has been in place for quite some time in S4HANA Cloud, Public Edition.

Transactions 133

Transactions 133

Emagia

MAY 5, 2024

What Does AI-based Invoice Processing Look Like? AI-based invoice processing dramatically reduces the cost and turnaround time of handling invoices. This is achieved through: Invoice data capture: AI solutions can scan and upload invoices, converting them into a machine-readable format.

52

52

SAP Credit Management

AUGUST 15, 2023

Vendor Master Step 2: Maintaining BnkT field while posting vendor invoices. While posting vendor invoices choose the appropriate “BnkT” value from the available options. Here, we have taken an example of two invoices of the same vendor but with different BnkT value used in each invoice. Execute the Proposal run.

Default 147

Default Transactions 147

SAP Credit Management

SEPTEMBER 22, 2023

With e-invoicing legislation continuously changing, inflation a stubborn and unwelcome guest, and sustainability a top and constant priority, Finance leaders have their plates full. Hear about the latest innovations, including Invoice Status Portal, Intelligent Invoice Conversion, and Summary Invoicing.

Transactions 133

Transactions 133

SAP Credit Management

SEPTEMBER 26, 2023

SAP supports the process in its different solutions like ERP (S/4HANA or S/4HANA Cloud), SAP Fieldglass & SAP Ariba. While supporting the SAP Ariba solutions, it was realized that a short comprehensive document providing overview of different Service Procurement options & related resources could be very helpful.

Default 141

Default Transactions 141

SAP Credit Management

SEPTEMBER 26, 2023

SAP Partner Finder Home Page with Keyword Search option For the last decade, we have witnessed an exponential increase in compliance regulations for e-invoicing, real-time reporting and statutory reporting worldwide. Be it Nfe in Brazil or SDI in Italy, GST reporting in India or the recent B2B e-invoicing regulations in Poland and France.

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161

SAP Credit Management

DECEMBER 23, 2022

For inbound invoicing option , the team has released the following legal requirements for: . We’ve also released the Receiver Acknowledgment overall solution. . For outbound invoicing option , the team has released the following features and improvements: . Let’s review some previous releases! . The MDF-e document .

177

177

SAP Credit Management

AUGUST 8, 2023

Learn more with GROW with SAP documentation In external procurement system scenario, supplier invoices are generated in the SAP S/4HANA Cloud Public Edition through integration with other purchasing solutions, such as SAP Ariba. Unique identifying code is generated by the Mexican government agencies for electronic invoicing purposes.

Transactions 160

Transactions 160

SAP Credit Management

JANUARY 26, 2023

With SAP S/4HANA Cloud, public edition we offer a fully-fledged solution that leads to optimized processes for a successful business. It helps you to understand relationships between different solutions, business objects, and situations.​ How does it do that?

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187

SAP Credit Management

SEPTEMBER 27, 2023

In this blog post, we will explore the integration of SAP Build Process Automation (SPA) with Document Information Extraction, offering a solution for automating the handling of PDF documents. This service proves particularly useful for extracting data from documents like invoices or payment records.

146

146

SAP Credit Management

JANUARY 3, 2023

Prior to the introduction of eInvoicing in KSA the cancellation of a source document was fully configurable and controlled through configuration but once you implement the solution pack of eInvoicing solution for KSA in your system, you will see a difference. Solution onboarding guide. Saudi Arabia E-Invoice Webinar 28Sep2022.pdf

Transactions 153

Transactions 153

SAP Credit Management

SEPTEMBER 14, 2023

Sapphire , our dedicated Partner Let’s carry on with our partner interview series featuring Sapphire , our dedicated partner, and the foremost provider of digital transformation solutions for mid-market and mid-enterprise companies. Their dedication to engaging customers with SAP Build solutions is truly commendable!

Transactions 200

Transactions 200

Your Virtual Credit Manager

SEPTEMBER 26, 2023

Other firms often pay slower just because their AP staff and the invoice approval authorities are on holiday or taking vacation time, which causes delays in the Accounts Payable (AP) process. Hiring a temporary collector or two is one solution. GM and GE were known to do that. it just might help them pay you sooner!

Credit and Collections 147

Credit and Collections Accounts Receivable (AR) Deductions Collector 147

SAP Credit Management

AUGUST 24, 2023

Relevant for SAP S/4HANA Cloud, public edition release 2308 Introduction & Scope of this blog The objective of this blog is to provide an introduction and a starting point to the topic of electronic invoicing in SAP S/4HANA Cloud public edition. This blog is concerned with electronic invoices to fulfil local legal requirements.

Default 151

Default Invoice Amount 151

SAP Credit Management

AUGUST 28, 2023

Note: The features covered in this article are based on SAP S/4HANA Cloud, Public Edition 2308, please refer to the latest information for changes in subsequent versions. In this example data we did not post the tax.

Default 162

Default 162

Your Virtual Credit Manager

OCTOBER 25, 2022

Remittance Processing (also know as Cash Application or Cash Posting) is the process of recording customer payments and applying them to the corresponding open invoices (not yet paid) in the accounts receivable ledger. This problem evolves from orders incorrectly held because of invoices that appear not to have been paid.

Credit and Collections 130

Credit and Collections Accounts Receivable (AR) Cash Applicator Deductions 130

SAP Credit Management

SEPTEMBER 15, 2023

It’s been a while since Andy Rubinson’s last blog post about the status of embedded help integration in SAP’s procurement solutions, specifically SAP Ariba solutions. Take our brand-new SAP Ariba Category Management solution, for example. In a classic SAP Ariba solution, embedded help is available on selected pages.

Dashboards 172

Dashboards Default 172

SAP Credit Management

JANUARY 6, 2023

Season 7: Podcasts on data management, data & analytics and data strategy with use cases, trends and related SAP solutions. Speakers: Mike Lock , Managing Director & Principal at Aberdeen Strategy & Research, Niels Weigel , Solution Advisor Expert at SAP, and Wolfgang Epting , Solution Advisor Expert at SAP.

Order to Cash 180

Order to Cash 180

SAP Credit Management

AUGUST 25, 2023

In the realm of seamless customer service, a new chapter begins as customers send his invoice for his queries. As the story unfolds, products seamlessly find their place within the case, setting the stage for swift and precise solutions. ChatGPT steps in, crafting a concise summary that captures the essence.

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148

SAP Credit Management

SEPTEMBER 21, 2023

This storage invoice amount may get deducted from the purchase price or send as a separate invoice to the farmer. It allows to invoice the counterparty for the storage of the commodities along with any other fees that might apply, like cleaning or drying fees.

Invoice Amount 135

Invoice Amount Deductions 135

Emagia

MAY 8, 2024

Entering invoice data, correcting data errors, searching for information across systems, and responding to calls and emails from suppliers and customers are all critical tasks. But doing them manually can lead to data entry errors, fraud, double payments, duplicate invoices, and slow processing.”

Invoice Amount 52

Invoice Amount Transactions 52

SAP Credit Management

AUGUST 23, 2023

The SAP GRC Products pallet is designed to function as an integrated solution, but at times, its not a simple task to locate the right tool for a specific business process or function. Let’s dive a bit deeper into both tools and review the case with example of control for duplicated invoices. Integration.

Transactions 141

Transactions 141

Your Virtual Credit Manager

FEBRUARY 7, 2023

It’s tiring just going through the steps in this process and we’re only talking about generating just one invoice. It’s tiring just going through the steps in this process and we’re only talking about generating just one invoice. What if your business sends out 50 or 100 invoices a month?

AR Automation 130

AR Automation Accounts Receivable (AR) Credit and Collections Bad Debt 130

Your Virtual Credit Manager

FEBRUARY 27, 2024

Unified Process Mapping : Develop a unified process map that outlines the end-to-end O2C process, including credit evaluation, order acceptance and fulfillment, invoicing, payment collection, and reconciliation. The key areas are ordering, invoicing and payments. You want to make it easy for your customers to work with you.

Accounts Receivable (AR) 130

Accounts Receivable (AR) Bad Debt Days Sales Outstanding Credit and Collections 130

SAP Credit Management

SEPTEMBER 12, 2023

SAP S/4HANA RFNO : A dedicated solution for managing service station networks, it caters to various service station types, offering functionalities like wet goods management and loyalty card management, aiming to enhance the fuel retail experience. SCU serves as an umbrella for our core solutions, encouraging sustainable business processes.

176

176

Your Virtual Credit Manager

DECEMBER 12, 2023

(Photo by Ramiro Mendes on Unsplash ) A growing number of businesses use the recurring revenue model, including software-as-a-Service (SaaS) and streaming services as well as outsourcing solutions. The customers, however, did not pay the invoices. They considered themselves contract customers.

Days Sales Outstanding 130

Days Sales Outstanding DSO Credit Management Small Businesses 130

SAP Credit Management

SEPTEMBER 6, 2023

For example, a billing invoice (with currency VND) has net value with 0 decimal places, but it is stored with 2 decimal places in SAP Table VBRP because SAP shifts the decimal place in tables so as to not change the data type of the amount and maintain a standard throughout SAP.

Default 173

Default 173

SAP Credit Management

JULY 28, 2023

SAP, as global leader in enterprise software, has introduced a ground-breaking solution: Central Invoice Management. This innovative product revolutionizes the way businesses handle invoice processing, providing a comprehensive and centralized platform for managing invoices.

124

124

Chaser

DECEMBER 22, 2023

Keeping track of your invoices and payments means you know when to chase your customers for payment, prevents you from chasing invoices that have already been paid, and gives you greater control over your accounts receivables.

Debt Collections 95

Debt Collections 95

SAP Credit Management

SEPTEMBER 22, 2023

If your GMAIL receives a Vendor Invoice / Customer PO , this automation tool can process the PDF attachment and extract information from it to POST an event in SAP S4 HANA and revert to the Vendor / Customer Email. This type of solution is already present, Boss? An automated Tool for Customer Purchase orders to Sales order creation.

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209