SAP Cash Application, add-on for contract accounting
Automate clearing and recommendation of proposed matches in accounts receivable.
Overview
Simplify the order-to-cash process by automatically matching incoming bank statement items to open receivables or accounts.
Benefits
- Accelerate the processing of incoming payments to reduce days sales outstanding and improve customer service performance
- Adapt to change automatically as embedded machine learning capabilities learn from your accountants' actions and match customer- and country-specific receivables
- Complement standard rules, extract value from historical data, and maintain processing workflow with integration between SAP S/4HANA on premise and in the cloud
Business Value
- 50% reduction in accounts receivable matching effort
- 0.5% reduction in Days Sales Outstanding (DSO)
Details
Solution type
AI Feature
Compatibility
Works with
SAP Cash Application
Plans and pricing
SAP Cash Application, add-on for contract accounting
Details:
AI Units are currently required to use this AI offering in the underlying Cloud Service. Click
Use the
In order to use this AI Agent/AI Feature, you will need to purchase the base product.
If you already have AI Units, activate this solution on SAP for Me
- Contract duration available upon request
Details:
AI Units are currently required to use this AI offering in the underlying Cloud Service. Click
Use the
In order to use this AI Agent/AI Feature, you will need to purchase the base product.
If you already have AI Units, activate this solution on SAP for Me
