Biller Direct
FinanceDefinition
Biller Direct is an SAP solution that provides online billing services, enabling businesses to present invoices to customers via the web.
Detailed Description
SAP Biller Direct is a component of SAP's Financial Supply Chain Management (FSCM) suite that supports electronic invoicing and payment processes. It allows businesses to present invoices to their customers electronically and provides a platform for customers to view, manage, and pay their bills through a web-based interface. Biller Direct enhances financial processes by reducing manual intervention, speeding up payment cycles, and improving customer satisfaction through more accessible billing information.
Key Features
- Automated notifications and reminders
- Customer self-service portal
- Integration with financial management systems
- Online payment processing
- Web-based invoice presentment
Common Modules
SAP ERP Financials
Provides financial management solutions that help companies record, manage, and analyze financial transactions for optimal decision-making and compliance.
SAP Financial Supply Chain Management (FSCM)
A comprehensive solution suite that manages the flow of capital across a company's value chain, increasing overall financial efficiency.
Popular Implementations
Implementation in a Manufacturing Company
An implementation example where a manufacturing company used Biller Direct to reduce the time to payment cycles by transitioning from paper to electronic invoice presentment and payment processing.