Inject a security-first mindset into SAP S/4HANA migrations by involving security teams early
361 results
-
How to Use Workflow to Streamline and Control Bank Account Management Processes in SAP S/4HANA Finance
In the wake of globalization of business, enterprise organizations need to continuously expand their operations. This expansion generates a need to have bank holdings in various countries to support the daily operations of payments and collections. SAP S4/HANA Finance for cash management has a component named Bank Account Management to centrally manage bank accounts. Bank...…
-
How to Upload the Balance of Bank Accounts in the SAP ERP System into SAP S/4HANA Finance for Cash Management
Learn the process, configuration, and file format required to upload the opening balance in SAP S/4HANA Finance for cash management for a bank account maintained in a remote ERP system. Key Concept SAP S/4HANA Finance for cash management benefits an organization by providing access to new business processes related to bank account management and cash...…
-
Automate Payments to Multiple Vendor Bank Accounts
Configure your R/3 or mySAP ERP Central Component (ECC) system so that you can select a vendor’s bank from multiple bank accounts for automated payments. See three methods for creating a vendor invoice — manually with or without a purchase order, and automatically using Electronic Data Interchange — and how to use transaction F110 to...…
-
Lessons Learned from the First Customer Implementation of SAP Cash Management Powered by SAP HANA
With the numerous changes involved in an SAP HANA implementation, a detailed explanation is required to have a good understanding of what has changed from doing an implementation strictly in SAP ERP Central Component (ECC). Learn the different components and various deployment options for running SAP Cash Management on SAP HANA. This article includes details...…
-
SAP Bank Communication Management: What You Need to Know
Learn the key advantages of using the SAP Bank Communication Management module. Discover how SAP Bank Communication Management increases the efficiency and automation of payment processing within organizations. Key Concept SAP Bank Communication Management is a relatively new module of SAP’s Financial Supply Chain Management component. SAP Bank Communication Management can be used to efficiently...…
-
Mitigate Foreign Trade Payment Compliance Risk Using the Cockpit for Documentary Payments
Learn how the Cockpit for Documentary Payments can be used to facilitate international customers’ payment compliance, thereby reducing the risk of doing foreign trade. Follow steps to implement the Documentary Payments component in SAP sales and distribution (SD). Key Concept The Cockpit for Documentary Payments provides automated financial documents to facilitate payment guarantee procedures required...…
-
Automate Payments to Multiple Vendor Bank Accounts by Bank Group Optimization
By using bank groups in the bank master data, you can select a specific vendor bank from multiple bank accounts for automated payments. This method, called bank group optimization, allows you to group your own house bank with the banks used by customers and vendors by giving them the same bank group. See the effect...…
-
Uses of the Treasury Payment Program
Learn about the different types of payments that can be made through SAP’s Treasury payment program. Key Concept Treasury departments execute various types of payments, such as bank account transfers, trade-related payments, and one-off payments. These types of payments can be made by a treasury department using SAP’s Treasury payment program (formally named the Payment...…
-
Leverage Bank Account Management for Payment Signatories based Payment Approvals
In today’s global and dynamic business environment, treasury departments are faced with the daunting task of managing and controlling large sets of bank accounts across diverse geographies. Some of the challenges include maintaining optimum bank structure, managing large portfolios of bank accounts and signatories, and maintaining relationships with banks. Applying the right degree of automation…
-
Facilitate the Data Exchange Between Headquarters and Subsidiaries with SAP In-House Cash
Become familiar with the most important business configuration settings of SAP In-House Cash. Get a step-by-step introduction to how to prepare both the subsidiary systems and the in-house cash center for the key business processes of SAP In-House Cash. Understand the setup of the principal master data for SAP In-House Cash. Key Concept SAP In-House...…
Your request has been successfully sent