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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 <\/ul>
- Overview of the full invoice-to-cash lifecycle
- Processing customer payments and bank statements
- Comparing traditional versus automated matching methods <\/ul>
- Activating SAP Cash Application in S\/4HANA
- Configuring bank statements and setting up payment advice
- Creating and tailoring matching rules <\/ul>
- Overview of SAP Leonardo-based ML in Cash Application
- Training and deploying matching models
- Tracking prediction outcomes and model precision <\/ul>
- Connecting with bank interfaces and payment gateways
- Linking with SAP Fiori, S\/4HANA, and external third-party systems
- Managing master data and outstanding items <\/ul>
- Executing automatic matching in production environments
- Handling exceptions and manual clearing processes
- Utilizing reporting and reconciliation tools <\/ul>
- Refining matching logic to boost automation rates
- Key performance indicators for tracking automation success
- Key takeaways and considerations for rollout <\/ul>
Accounts Receivable and Cash Application Workflows
System Configuration and Setup
Machine Learning and Automated Matching
Integration and Data Management
Operations and Exception Handling
Optimization and Best Practices
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 <\/ul>
- Specialists in finance and accounting
- SAP consultants and end-users
- Teams responsible for accounts receivable and cash application <\/ul>
Target Audience<\/p>
Testimonials (2)
It was straight to the point and more practical
Lungelo Ndlela - SNG Grant Thornton
Course - SAP S/4 Hana (S/4Hana)
His calm and collected voice even though at points he was frustrated with the system, but kept his cool…