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Course Outline
Overview of SAP Cash Application
- The role and advantages of automation in cash application
- Placement within the SAP S/4HANA Finance ecosystem
- Core functionalities and AI integration
Accounts Receivable and Cash Application Workflows
- A look at the complete invoice-to-cash lifecycle
- Insights into customer payments and bank statement handling
- Comparing traditional methods with automated matching strategies
System Configuration and Setup
- Activating SAP Cash Application in S/4HANA
- Configuring bank statements and setting up payment advice
- Creating and customizing matching rules
Machine Learning and Automated Matching
- An introduction to SAP Leonardo-based ML in Cash Application
- Training and deploying matching models
- Evaluating prediction outcomes and model accuracy
Integration and Data Management
- Connecting with bank interfaces and payment gateways
- Linking with SAP Fiori, S/4HANA, and external systems
- Handling master data and open items
Day-to-Day Operations and Exception Handling
- Executing automatic matching in production environments
- Managing exceptions and manual clearing procedures
- Utilizing reporting and reconciliation tools
Optimization and Best Practices
- Refining matching logic to boost automation rates
- Key performance indicators for tracking automation success
- Insights gained and considerations for rollout
Conclusion and Future Actions
Requirements
- Familiarity with accounts receivable and financial accounting workflows
- Hands-on experience with SAP FICO modules
- Basic knowledge of the SAP GUI or SAP Fiori interface
Target Audience
- Finance and accounting specialists
- SAP consultants and end users
- Teams focused on accounts receivable and cash application
14 Hours
Testimonials (2)
It was straight to the point and more practical
Lungelo Ndlela - SNG Grant Thornton
Course - SAP S/4 Hana (S/4Hana)
His calm and collected voice even though at points he was frustrated with the system, but kept his cool…