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Financial management for digital business

SAP is the maker of one of the world's most popular inter-enterprise software suites. It provides collaborative business solutions for all types of industries.

SAP Financial management provides forward looking techniques for anticipating opportunities to be taken advantage of and problems to be avoided or mitigated.


These techniques make sure SAP Financial Accounting and Controlling (FICO) users are up and running quickly and confidently with FICO and testing procedures that ensure their implementation works without error.



The SAP FICO view of the module’s key tasks and procedures of SAP S/4HANA Finance

  • SAP S/4HANA Finance (SAP Simple Finance)
  • Migration preparation, installation, and data checks
  • Configuring and using the general ledger and accounts payable and receivable screens
  • Configuring and completing closing procedures, asset accounting, and financial reporting
  • Configuring global settings and enterprise variables
  • Accounting for both profit and cost centers
  • Creating a house bank
  • Controlling
  • Migration checklist
  • Preparedness survey
  • Cash Management
  • SAP Integrated Business Planning for Finance
  • SAP Fiori applications
  • Integrating FICO with other SAP modules
 

Streamlining the billing process

To prepare for the technology innovations of tomorrow, you must put in place the right business processes today. With SAP software, you can achieve best-of-breed functionality for your entire consume-to-cash business process – from online rating and charging to convergent billing, invoicing, and collections while gaining the power to handle high volumes of transactions and data. The modular software solution can help your company optimize the billing and invoicing process, charge in real time, and manage receivables and payable in compliance with applicable regulations.

Objectives

Manage a very large customer base with huge transactional usage volumes
Handle wide differentiation of credit risk that impacts days sales outstanding
Comply with complex national, regional, and local legal regulations

Solution

Pricing, rating, and real-time online charging to package any service
Single invoicing to consolidate multiple, high-volume billing streams into one invoice
Customer financial management to deal effectively with customers on all types of financial issues

Benefits

Accelerated time to market for new services and cross-promotional bundles
Reduced operational costs by consolidating rating systems
Increased customer satisfaction by displaying all charges on a single invoice
Lowered risk by considering the customers’ complete credit and collections history



Register today to have an SAP expert contact you and gain access to the information about SAP Financial management for digital business and learn more about how SAP can help you transform your business.

 




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