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 Duration 14 hours

Course Outline

Introduction to 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 features
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    Accounts Receivable and Cash Application Workflows

    • Overview of the full invoice-to-cash lifecycle
    • Processing customer payments and bank statements
    • Comparing traditional versus automated matching methods
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      System Configuration and Setup

      • Activating SAP Cash Application in S\/4HANA
      • Configuring bank statements and setting up payment advice
      • Creating and tailoring matching rules
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        Machine Learning and Automated Matching

        • Overview of SAP Leonardo-based ML in Cash Application
        • Training and deploying matching models
        • Tracking prediction outcomes and model precision
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          Integration and Data Management

          • Connecting with bank interfaces and payment gateways
          • Linking with SAP Fiori, S\/4HANA, and external third-party systems
          • Managing master data and outstanding items
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            Operations and Exception Handling

            • Executing automatic matching in production environments
            • Handling exceptions and manual clearing processes
            • Utilizing reporting and reconciliation tools
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              Optimization and Best Practices

              • Refining matching logic to boost automation rates
              • Key performance indicators for tracking automation success
              • Key takeaways and considerations for rollout
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                Summary and Future Steps

Requirements

  • Familiarity with accounts receivable and general financial accounting procedures
  • Practical experience with SAP FICO modules
  • Basic knowledge of either the SAP GUI or SAP Fiori user interfaces
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    Target Audience<\/p>

    • Specialists in finance and accounting
    • SAP consultants and end-users
    • Teams responsible for accounts receivable and cash application
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