Pass new incoming payment and open invoice information from SAP S/4HANA to a matching engine, based on SAP Cloud Platform, that automatically clears or suggests for review proposed matches by accounts receivable.
SAP Cash Application
Enhance cash application with embedded machine learning that captures customer- and country-specific behavior.
Intelligent invoice matching automation
SAP Cash Application empowers businesses to focus on developing innovative strategies and growth plans with intelligent receivable matching automation that handles manually intensive financial processes.
Key Benefits
Lower days sales outstanding with machine learning
Accelerate the processing of incoming payments to reduce days sales outstanding and improve customer service.
Reduce total cost of ownership and time to value
Adapt to change automatically as embedded machine learning capabilities learn from the past actions of accountants and match customer- and country-specific receivables.
Scale as your business grows with shared services
Take advantage of the tight integration between on-premise and cloud deployments of SAP S/4HANA to complement standard rules, extract value from historical data, and maintain current processing workflow.
Key Features
Gain flexibility in the receivable matching process
- Opt for automatic posting and clearing
- Schedule receivables processing as a single run or recurrent job
- Choose to match open items and customers
Increase automation with machine learning
- Learn continuously from accountant behavior by using machine learning and apply it to future payments.
- Automate and improve accuracy of the labor-intensive and repetitive clearing process
- Enable accountants to focus on complicated cases that can't be cleared automatically.
Extract information from payment advice documents
- Classify regions on documents intelligently
- Identify and extract relevant information
- Benefit from automated matching payments to invoices
Release Highlights
Integration support
Take advantage of integration with the latest release of SAP S/4HANA Cloud and SAP S/4HANA.
Enhanced model accuracy
Improve model learning and accuracy by extracting training data to support various clearing scenarios.
Clearing simulation and automation rate reporting
Configure automatic clearing thresholds to achieve the desired accuracy of test models based on historical data.
Support outgoing payments
Match vendor invoices to vendor-initiated payments and clear them automatically based on configurations.
Customer account identification
Automate the ability to propose the customer accounts to which bank statement items should be posted.
Get Started
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Services
Transform your business quickly and effectively by taking advantage of our holistic service and support plans, expert consulting services, custom application development, proven best practices, and deep industry and technical knowledge.
Support
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Security and compliance
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