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
