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Sap Financial Supply Chain Management(FSCM)south africa

SAP FSCM ONLINE TRAININGWhat is SAP FSCM ?FSCM = Financial Supply Chain Management.Bit of a mouthful, and as the name suggests it is focused on the supply chain within finance. What is the supply chain within Finance I hear you ask? A simple answer would be "improving the efficiencies of the accounts receivable and accounts payable teams leading to an improvement of the business's cash flow".By focusing on your cash flow you can provide extra working capital for your organization to invest in product development, stock or expansion. In today's current market cash flow is even more important due to the reduced availability of cash in the market. This has lead to the associated business processes being put under the microscope to find ways of improving the cash flow to provide a competitive edge against an Organization's competitors.

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Sap Financial Supply Chain Management(FSCM)south africa

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  1. SAP Financial Supply Chain Management(FSCM) PROFESSIONAL ONLINE TRAINING SOUTH AFRICA Contact us:Call: +91-9052666559Mail: info@magnifictraining.comVisit: www.magnifictraining.com

  2. SAP Financial Supply Chain Management(FSCM) PROFESSIONAL ONLINE TRAINING SOUTH AFRICA SAP Financial Supply Chain Management - An overview Financial Supply Chain Management (FSCM) in simple terms means managing demand and supply of cash/cash equivalents. SAP has come out with SAP FSCM functionality or suite of applications to manage this more effectively and efficiently thus helping companies to manage the costs associated with this process better. In this posting we will look at what are the features and functionalities available in SAP FSCM and how it can be leveraged better for the benefit of business. Key business areas where SAP FSCM functionalities can be leveraged are input for more efficient working capital management, receivables management and cost management of payments.  SAP FSCM functionalities are enabled by SAP Net weaver technology to enhance the reach and better integration - both within and outside the organization applications as well as integrated within SAP ERP 

  3. SAP Financial Supply Chain Management(FSCM) PROFESSIONAL ONLINE TRAINING SOUTH AFRICA SAP FSCM Online Training Concepts :Present customer invoices and account data using the Internet with SAP Biller Direct Process claims and deductions with SAP Dispute Management Collect outstanding receivables efficiently with SAP Collections Management Integration of these SAP FSCM components with each other, with Financial Accounting And other SAP ERP components Integration with Dispute Management Relative BADi implementations

  4. SAP Financial Supply Chain Management(FSCM) PROFESSIONAL ONLINE TRAINING SOUTH AFRICA Overview of the SAP FSCM Introduction to SAP FSCM Business Processes and Integration with FI Overview SAP Biller Direct (FIN-FSCM-BD) FIN-FSCM-BD Business Processes Customer Portal Administration Create Users, Work list Customer Messages Display and Delete Customer Action Logs Create Customer Notifications Activities of the Bill Receiver

  5. SAP Financial Supply Chain Management(FSCM) PROFESSIONAL ONLINE TRAINING SOUTH AFRICA Key functionalities/applications within FSCM are: Electronic Bill Presentment and Payment : This application provides a better and more real time interfacing with the customers and vendors with added benefit of self service to view the accounts as well as make electronic payments. It is mainly caters to presenting the invoices and account statements to the customer and vendors over the internet. Key benefit is reduction in  overheads and cycle time associated with this process for both - organization as well as its customer and vendors. Collections Management This application provides the functionality to manage the collections more efficiently and effectively. This is similar to the collection management functionality already present in SAP FI-AR component with added features like sending payment reminders, portal catering to collection agents, devising collection strategies and managing agreements related to payments from customer.

  6. SAP Financial Supply Chain Management(FSCM) PROFESSIONAL ONLINE TRAINING SOUTH AFRICA SAP Training Course outline Business Partners: Fundamental Concept of a business Partner. Customer / Vendor Integration. Business Partners for Cash Management. Configuration overview. Cash and Liquidity Management: Bank Accounts. Planning and Controlling free cash flows. Electronic Bank Statements. Reconciliation the cash flows with the Bank Statements. Forecasting Liquidity. Configuration overview.

  7. SAP Financial Supply Chain Management(FSCM) PROFESSIONAL ONLINE TRAINING SOUTH AFRICA SAP FSCM – Dispute Management Overview SAP Dispute Management Process flow of Dispute Management Financial Process Integration Data Transfer Dispute Case Details Functions of SAP Dispute Management Generic Functions of SAP Dispute Management Customizing of SAP Dispute Management Customizing of Process Integration Processing of dispute through various business process Integration with Biller Direct Relative BADi implementations

  8. SAP Financial Supply Chain Management(FSCM) PROFESSIONAL ONLINE TRAINING SOUTH AFRICA FIN-FSCM-DM ConfigurationDispute Case Processing Create RMS ID Element Type and Case Record Model Create Element Type and Profile for case search Create customer specific functions Text Profiles Status Management - create status profile Correspondence and Case Types Workflow and Process Integration Settings

  9. SAP Financial Supply Chain Management(FSCM) PROFESSIONAL ONLINE TRAINING SOUTH AFRICA SAP FSCM – Collections Management Overview of SAP Collections Management Functions of SAP Collections Management Customizing of SAP Collections Management Integration Collections Management and Dispute Management Work list generation for collections process Processing of receivable Process of P2P, Resubmission, Contacts and Dispute Cases Relative BADi implementations

  10. SAP Financial Supply Chain Management(FSCM) PROFESSIONAL ONLINE TRAINING SOUTH AFRICA Some of the key benefits SAP FSCM brings in are:Last step integration with customers and vendors with minimal infrastructure requirements from customer or vendor side thus leading to higher adoption rateReduction in manual activities, communication and co-ordination efforts thus leading to reduction in overall cost of managing and doing activities in the receivables related process areasUsage of business partners across multiple functionalities provide more flexibility as well as streamline the m data maintenance across the landscapeInformation available almost in real time to better manage the working capital and receivables thus reducing the cost associated with it In subsequent posting on this topic we will understand in more detail each of the application areas in SAP FSCM in more detail.

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