AutoBank Automatic Cash Application

Transcription

Cash & Liquidity Management
Payment Management
Treasury Management
eBAM
Optimise Your SAP® Receivables Management
Best of Breed Cash Application within SAP®
Payment Management
Website: www.bestsapcbi.com
AutoBank
Automatic
Cash Application
Email
us: [email protected]
Treasury Management
eBAM
FinanceSuite Fully Embedded in SAP®
 SAP Look & Feel
» No new application / handling
 SAP role & authorization concept
» No separated databases
 Own namespace in SAP
» separated tables, independent from
» release changes
 Generally taking advantage of existing
SAP environment (Total Cost of
Ownership)
» enhancements to add value wherever
necessary
2
Payment Management
Email us: [email protected]
Treasury Management
eBAM
Clients (500+)
3
Payment Management
Treasury Management
eBAM
Payment Management
Treasury Management
eBAM
Hanse Orga – AutoBank Automatic Cash Application
Unlocking Efficiencies in the Order to Cash Cycle in SAP®
4
Payment Management
Treasury Management
eBAM
General challenges
 Different data formats and structures
» Differences per region, country, bank
» Local payment practices and behaviour result in heterogeneous contents
» Separate stream of remittance advices from trading partners (EDI, paper-based, internet, etc.)
 Data quality
» Partial payments & combined invoices
» Truncated, wrong or missing information
 Limited capabilities and flexibility of standard ERP to fine tune and maintain rules / filters
» High dependency on IT resources for changes
 Implementation of Shared Services
» No standardisation of processes and systems
» Harmonized processes and reporting are not available
 Compliance and regulations demand STP and auditable processes
5
Payment Management
Treasury Management
eBAM
Issues in Cash Application
Operational issues affecting manual efforts
 Invoice details are truncated, mis-keyed, or
BANK STATEMENT
incorrect
Reports, etc.
Customer
DIRECT REMITTANCE
Cash Application Process
Bank
Other files
 Customer delivers a reference number other than
an the invoice number (e.g., PO #, Order #)
 Hit rate decreases when new structures contents
come up
 Customer delivers remittance directly and invoice
details are input manually
 Parent company pays on behalf of multiple
customers
 Significant amount of deductions
EDI, Excel,
PDF, Email
6
Payment Management
Treasury Management
eBAM
Added value with AutoBank
 Significantly increases automation
» Flexible rules and filters -> highest possible rates
 Sophisticated tools to optimise manual clearing processes
» Gain efficiency throughout the entire process
 A complete, real-time overview of the reconciliation process
» Analytics to actively manage improvements in the reconciliation process
 whilst…
» being fully integrated in SAP
» not leaving SAP standard procedures
» enabling users to adapt their own business rules
» being equipped for integration of international formats, structures and specific payment behaviours
7
Payment Management
Treasury Management
eBAM
Overview of Features and Functions
 High automation and efficiency
SAP System Environment
» Bank statements and remittance advices
» Highest possible automatic matching due to
flexible matching logic
SAP FI / FI-CA
» Very low IT involvement
 Optimized manual post-processing
SAP ® R/3 ®
Bank
Statements
» Single user-friendly selection screen
» Posting proposals
Remittance
Advices
 Performance Cockpit
AutoBank®
» Control and overview of cash application
processes
» Performance analytics and trend analysis
Reporting / Workflows /
Flexible processes
 Integrated workflows
» Clarification and master data maintenance
workflows
8
Payment Management
Treasury Management
eBAM
Efficient matching and posting sequences
Posting Rules
Main Rules
Creation and
validation of
posting records
Grouping of line
items by content
Filter principle
Filters
Analysis of line
item information
Matching against
accounting data
Filtering, supplementing and matching information
Note to Payee / Reference Number:
Result
XBLNR:
200808345,
200808789
VBELV_2:
190040989,
190040990,
190040991
REFERENCES:
2011200/808 345, 789
SALES DOCUMENTS:
19/0040989-91
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Payment Management
Treasury Management
eBAM
Optimised Manual Post-processing
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Payment Management
Treasury Management
eBAM
Performance Cockpit
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Payment Management
Treasury Management
eBAM
Processing of Remittance
Customer 1
Customer 2
Automatic email to the
accountant
Accountant 1
EDI
TXT
VDA
PDF
CSV
[email protected]
Archive System
Conversion
Output
file is one
All incoming
common format
to
electronic
files are
be imported
in SAP
mapped
Remittance Advices
SAP ® R/3 ®
Clarification
Posting
FinanceSuite AutoBank
Automatic Cash Application
Customer 3
Remittance Advices
Scanner
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Payment Management
Treasury Management
eBAM
Value Proposition
FinanceSuite is fully embedded in SAP®

SAP System Environment
SAP® Certified solution
SAP FI / FI-CA

Installed on SAP® application server and
SAP® database
Bank
Statements

Developed in ABAP

SAP user and access controls

Independent from SAP® release change

Available from version 4.6C to ECC 6.0

Leverage SAP framework & master data

Standard interaction with G/L, AP, AR and
further subledgers
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Payment Management
SAP ® R/3 ®
Remittance
Advices
AutoBank®
Lockbox
Reporting / Workflows /
Flexible processes
Treasury Management
eBAM
Summary of AutoBank Benefits
Central solution for bank statements, lockbox and remittance advices
 Standard solution for all company codes, banks
 Higher levels of STP
 Utmost automation of reconciliation process
Good fit for Shared Service Centres
 Gain efficiency with less FTE’s
 Central post processing and performance cockpit for all processes
 Easy roll-out of additional company codes
 Geared towards international usage (language support, statement format, international consultants)
Extend the value of standard ERP
 Improve automatic matching due to flexible matching and integrated conversion logic
 Independence from IT
 Integration in SAP, same ‘look and feel’
Improve order to cash cycle, free up working capital
 Reconciliation process is finished earlier, chasing bad debtors can start earlier
 Employees are relieved from standard tasks, can be re-allocated to more valuable tasks
14
Payment Management
Treasury Management
eBAM

AutoBank Automatic Cash Application

Transcription

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