SAP Financial Supply Chain Management (FSCM)

Finance

Definition

SAP Financial Supply Chain Management (FSCM) is a suite of applications designed to manage and automate accounts receivable processes, improve cash flow, and optimize working capital.

Detailed Description

SAP Financial Supply Chain Management (FSCM) is an integrated solution that provides comprehensive tools for managing the financial supply chain. It includes modules for credit management, collections management, dispute management, Biller Direct, and cash and liquidity management. These modules help organizations optimize receivables-related processes, reduce Days Sales Outstanding (DSO), improve cash flow, and enhance customer relationships by automating and streamlining financial processes.

Key Features

Biller Direct: Offer online bill presentment and payment services.
Cash and Liquidity Management: Forecast and monitor cash positions.
Collections Management: Automate and streamline collections processes.
Credit Management: Evaluate and monitor customer credit risk.
Dispute Management: Efficiently manage and resolve payment disputes.
Treasury and Risk Management: Manage financial assets and hedge risks.

Common Modules

Biller Direct (FSCM-BD)

Module providing online bill presentment and payment services.

Cash and Liquidity Management (FSCM-CLM)

Module for forecasting and monitoring cash positions.

Collections Management (FSCM-COL)

Module that automates and streamlines the collections process.

Credit Management (FSCM-CR)

Module for evaluating and monitoring customer credit risk.

Dispute Management (FSCM-DM)

Module for efficient management and resolution of payment disputes.

Treasury and Risk Management (TRM)

Module for managing financial assets, hedging risks, and ensuring compliance.